As the international cooperation expands, companies are opening their offices in the foreign countries around the world. To open a representative office abroad one does not need to do large capital investments, at the same time, owning a business unit abroad is the most economical way to enter international markets.
Until now, the most profitable business model for restructuring a company has been the registration of an independent company abroad.
Domestic legislation undergoes constant changes, and an increasing amount of legislation in your country is aimed at controlling and increasing taxation of business even more. For this reason, an increasing number of companies come to the conclusion that the best solution is to register “their” company abroad, which will reliably protect their property.
Opening a company outside your own country gives founders the opportunity to create, in consequence, an effective business structure.
Despite the calls to do business in their home country, now it is more profitable to open companies abroad to reduce tax payments.
However, the order of registration of representative offices, branches or independent companies, taxation or accounting in different countries has its own characteristics.
When taking the company to the international level, even an experienced businessman can make a number of mistakes due to his extraordinary lack of time. Such errors may seem insignificant at first glance, but in the future they can lead to serious troubles.
To open a company abroad, you must carefully consider the concept of its development and its future activities. At the same time, it is necessary to take into account the economic situation in the country where opening of a company, a branch or a representative office is planned, to study the features of its tax system and many other factors.
In addition, you need to know the legal requirements practiced in this country and, above all, the list of the documents necessary for the registration of a legal entity.
ITERLUME offers its clients a full range of work on the “turnkey” registration of branches, representative offices and independent companies.
In this case, we provide the Client with all the necessary information for this, compile and translate into any language a package of necessary documents.
A “turnkey” registration of a company includes:
- development of the company name;
- collecting and providing the client with the information necessary for the successful operation of the company;
- providing a list of countries suitable for registering a Client’s company;
- assistance in choosing the legal form of the enterprise;
- registration and translation of the necessary documentation;
- assistance in choosing a bank and opening bank accounts;
- legal support, providing advice on the functioning of the company and assistance in the delivery of financial and accounting statements.
ITERLUME can not only register a branch, representative office or a new company “according to the customer’s tasks”, but also help the Client to become the owner of an already existing legal entity.
Each foreign project of ITERLUME is individual, because it is implemented taking into account the requirements and wishes of the Clients.
While choosing a country to open a company, we are guided by the conditions of doing business there and choose the best options that provide minimal risks and good prospects for the work in future.
Having a subsidiary abroad will improve the image of our Client’s company, will talk about the reliability and the solidity of its business.
For clients and partners of a domestic businessman, registering a company outside his own country is a guarantee of a positive image of his business, growing confidence in him, as well as the possibility of free access to the world markets with their stable financial system, ease of accounting, financial reporting and liberal tax legislation.
