The incorporation or purchase of a ready-made company in another jurisdiction may be necessary both for expanding of the business and entering new international markets and optimization of taxes and financial flows.

A particularly high demand for opening or purchasing legal entities is demonstrated among IT specialists. More and more software developers and web-designers are looking to move their business assets to countries, which are safe for doing business, in order to promote their products on the market and attract western investments.

Each jurisdiction has its own rules for registration and management of the companies. Thus, in some countries there is a high threshold for share capital necessary for incorporation of a company, while in others there is an obligation to create the specific number of workplaces etc. It is necessary to thoroughly learn the registration requirements before incorporation or purchase of a company in order to minimize the risk of refusal to register a company or a transaction on the purchase of the shares of the company.

Moreover, in order to incorporate or maintain the registration of the legal entity the incorporators should think about the registered address of the company (either physical or virtual), as well as about hiring the company’s secretary (depending on the particular requirements of the country).

Besides, the incorporation or purchase of a legal entity requires the detailed research of the features of tax legislation for choosing the optimal tax regime and minimizing the risks of tax liability.

The most critical factor here is the corporate tax rate in the desired jurisdiction of business. The lower the corporate tax rate, the more profitable it is to develop a business in a particular state.

Our team offers the clients the most beneficial jurisdictions in terms of taxes, such as Cyprus (12,5%), Ireland (12,5%), Bulgaria (10%), Montenegro (9%), Estonia (0% for non-distributed profit), Singapore (17%), Hong Kong (16,5%), Lithuania (15%), Poland (19%).