Where should we incorporate?
There are various factors influencing the choice of where someone should incorporate their company.
The most important factors are:
- Is the company to look after assets or to do business?
- Where is the business taking place ?
- Do I need a VAT number to do business in Europe?
- Is the company visible? Does it have premises?
What are the reasons for incorporating a new company?
The most important reasons for incorporating a new company are:
- So that a physical person does not directly own property in his own name, in his country of fiscal residence
- To distance a person from his own estate for family reasons such as the possible separation of his spouse, or to plan in the event of the death of a person.
- To do buisiness and to avoid double payment of indirect taxes such as VAT
- To avoid double payment of taxes; for example if a company is due to pay Corporation Tax while the individual is due to pay Income Tax.
What documents are required to incorporate a company?
Guidance to what documents are required is stated here
Incorporations within Europe
Different options available are dealt with here