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Opening a business in a forein jurisdiction requires one to carefully study all available options. You should always take into account the subtleties of local legislation & pay attention to such nuances as:

  • type of activity;
  • taxation;
  • operating costs;
  • reputation.

Type of Activity

It’s advisable to start the selection of a jurisdiction with the definition of goals & type of activity. To do this, you need to draw up a business plan & choose an organizational & legal form. That, in turn, requires taking into account the advantages offered by certain countries. Depending on the country & type of activity, the minimum authorized capital may differ. 

Please note that our experts are always ready to provide you with an individual solution that is most beneficial for you & your future business.

Taxation

Choosing a jurisdiction for opening a company in requires paying attention to the tax system of a particular country. Initially, you should familiarize yourself with the corporate income tax rates, availability of benefits or special tax regimes.

Operating Costs

Operating costs are independent of your production or sales-related costs. They are fixed & paid on a regular basis. The list of such costs includes:

  • salaries of employees (the cost of maintaining employees may vary depending on the chosen jurisdiction);
  • insurance;
  • office rent (companies with a registered real office are more trusted);
  • utilities.

Reputation

The reputation of a jurisdiction is one of the most important points to be kept in mind when  registering a business abroad. The country you have chosen will be considered by the banks with which you want to open an account & your future partners.

That is precisely why we take great care in approaching this issue & are always ready to provide you with competent advice on company registration abroad.

Our experts are constantly monitoring changes in the legislation of other countries. By taking into account the specifics of your business & your preferences, they can provide you with professional assistance in choosing a jurisdiction. They will also be happy to provide you with assistance at all stages of the formation of a company.

Considering opening a business in a foreign jurisdiction? Need advice on company registration in a jurisdiction of your choice? Why not contact IQ Decision UK?