Many business veterans and rookies alike simply assume that since the European Union (EU) contains over 40 countries that all of these culturally and geographically diverse locales provide the same business perks when they open a European company, and abide by the same business laws. After all, that is why they joined the EU, right? Well, actually, while most countries that joined the EU did so for economic stability, each country still reserves the right to adopt its own particular business stance and regulate its business practices and incorporate any way they see fit. This means that there are opportunities for each business to match up to their specific goals and needs exactly with the country that specializes in that type of business when they open a European company.
The Best Non-Resident Benefits
If you want to open a European company for tax reasons, there aren’t many better choices than Ireland. When your EU Company Formation specialist files correctly and in a very specific manner, your business can enjoy 0% corporate tax for 3 full years. After that, you can expect to pay a low 12.5 % on all trading income handled by your business. That is tax-friendly incorporation at its finest.
Ireland is also positioned beneficially geographically for trade with North America, as are Portugal and Spain. And for those who need help staffing their new business, when you open a European company in Spain, recruiting labour can be handled by your Business Formation specialist in no time, since the unemployment level there is high, and dependable workers are easy to come by.
And were you aware that little Romania is currently experiencing an economic boom while most of the world is suffering economically? Non-resident businesses there usually pay 16 % income tax, but the wise Business Formation specialist knows that when you open a European company and keep a staff of fewer than 10 employees, and annually circulate 100,000 euros or less, you pay only 3 %. This became law as recently as 2009. These are the types of benefits and always-changing regulations a seasoned EU corporate formation firm can access to deliver you top-flight rewards for your non-resident EU business incorporation.
When you open a European company, do so with the aid of a respected, experienced EU Business Formation firm that uses business professionals on the ground in the country of your choosing. And make sure they are up to speed on the latest business benefits offered to non-resident ownership, and your EU incorporation experience will be as profitable and enjoyable as possible.
Which Country is the Best?
Company formation in Europe has been growing in popularity as many American companies have watched the continued devaluation of the American dollar, coupled with corporate climbing tax rates and near-outrageous regulatory fees and fines eat into their weakened bottom line. Whether the motivation is a favourable tax climate, access to geographical trade routes, the desire to open a virtual office and benefit from an overseas address, or a need for a physical branch office, company formation in Europe can appeal to many business owners. But with so many countries, city-states, and municipalities to choose from for incorporation, where do you go?
As I am sure you can appreciate, if you were to begin researching, you could eventually find all the information you need on the World Wide Web. Spend a couple of hundred hours of your free or business time, make a couple of thousand dollars worth of overseas calls, hire a few translators, and in a month or two, you will be ready to start your company formation in Europe. But do you follow this same recipe in other areas of your life? When your car acts up, do you study engines and do the work yourself? No, because you need a timely solution offered by a trained pro. And that is exactly what you should do when investigating company formation in Europe, for the quickest, least expensive, most efficient solution that matches your business needs.
Fortunately, some firms have been in business for years that understand the different needs in the different countries and cultures of the European business community. They employ local accountants and lawyers who “speak the language” both literally and in a business sense. These respected, seasoned pros live in the communities you wish to incorporate in and can ensure that company formation in Europe is fast, efficient, inexpensive, and headache-free, and that you end up in the country that best suits your needs.
Were you aware that hiring employees in Germany gives you access to some of the highest-skilled labour pools in all the EU, but that if you hire from a local labour pool, you are making a mistake? Did you realize that Ireland is the second most wired country in the world, and that their telecommunications system is second to none, or that its corporation tax is fixed at 12.5% on all business income, whether manufacturing or other?
These and the myriad of other country-specific features are things only respected pros on the ground in these countries can provide you, and the reason why you should consult a seasoned firm that has handled company formation in Europe for years and can answer all your questions with a free consultation call. Don’t go it alone. Call your European Company Registration firm today and make company formation in Europe as simple, efficient, and profitable as it can be when you choose the right locale.
One of the first questions that nonresident business owners ask when seeking to incorporate in a foreign country is, “What country should I choose for the destination of my business incorporation?” This is a sensible question because every country and every state or city in that country provides a very separate group of business advantages and disadvantages. Nonresidents seeking to establish a business presence in Ireland, for example, can expect their first three years of corporate tax at the very attractive and unbeatable 0% rate. However, what business owners need to know in regards to the labour and staffing ability of Ireland, if they are opening a physical presence with a branch office, may cause them to steer clear of Ireland altogether.
And if you are a business owner from some country other than Spain or Portugal, if you have needs for a trade route to access the European nations and add an excellent stream of income to your company, there can be no better physical location for an import-export business than Spain or Portugal. The centuries-old trade routes that have been established there still provide one of the most effective bridges to Europe for Westerners of the last several hundred years, and there are several other attractive non-resident benefits as well.
And wherever you live, if your desire is simply to purchase a ready-made company, or shelf company, that has already passed all business regulations, you will need to know which country offers the most advantageous benefits at the lowest cost. Since you are simply purchasing a business entity with a pre-existing name and registration already okayed by the bureaucratic community in the country, city or state where it is registered, knowledge of your liability as a foreign business owner is paramount.
The best possible way to choose the correct country, city, or state out of all the global choices when considering the worldwide company formation is to have experienced global incorporation in the past. If you have not, or if you’ve only incorporated in a few countries worldwide, you must turn to a respected, seasoned worldwide company formation specialist who has a vast and intimate knowledge of the cultural and business requirements and regulations that must be met to provide you with a successful business presence in that locale.
How can any single firm possibly know the entire globe’s many countries, cities, and states’ diverse cultural and corporate regulations? The only way is by cultivating established relationships with respected business professionals, attorneys, and accountants over the years who actually live and work in the area in which you end up incorporating. Then and only then can they properly answer your questions on a free consultation call or live online chat session, and lead you to the proper destination to maximize your chances of success in your global company formation efforts.
Company Formation for the Foreign Investor
Company formation for the foreign investor may at first seem like a very involved and daunting proposition. Whether you live in the United States and want to form a company in Germany or some other overseas country that offers great benefits to the foreign-based investor, are you are a European looking to benefit from the wonderful tax strategies offered in the United States to non-resident investors, company formation is actually not as difficult and mind-numbing as you may think. Regardless of your country of origin and the country in which you intend to incorporate, there are a few basics that you need to get right to make the incorporation of your business overseas a resounding success, and without causing you stress and needless worry.
First and foremost, you want to take the advice of someone who’s been there before. The old saying that “there is nothing new under the sun” is certainly true. Some firms specialize in company formation for foreigners who may not have a chance to travel to the city or country where they would like to incorporate. These businesses have a track record of quick and cost-effective incorporation for business veterans and beginners alike. You simply need to contact them via a free consultation telephone call or live online chat session, be very specific about your goals, making sure you get all your questions answered.
Global business incorporation firms understand that everyone has a uniquely different set of circumstances and objectives they are trying to meet. They can tailor a program specifically for your set of needs. Perhaps you only require a business address in another country and would like to incorporate there and have mail and telephone forwarding services. Or perhaps you have a full-fledged company formation need that involves secretarial staff and physical office headquarters in another country.
Whatever the case, a respected business incorporation firm that employs local accountants and attorneys living in the city or country of your corporate destination can quickly, and for the least amount of upfront cost, deliver you a business corporate designation that fits the goals of your company. And if you are in a time crunch and need incorporation as fast as possible, pre-existing, ready-made companies are available, and a company formation specialist can give you seasoned respectability overnight, even if this is your first foray into owning your own business.
Remember the two points above; demand a free consultation call or live online chat session to get all your questions answered, and ensure that the global corporation formation specialist you employ uses local business professionals who live in the area of your desired corporate designation. Then and only then will you find your business incorporation needs to be met quicker than you may have thought possible, with the least amount of headaches and stress on your part, and for the smallest possible financial outlay.
