EU-LOCATIONS Full-Service-Packages
CYPRUS (EU)
Europe – Company formation in Cyprus
Excellent location within the European Union
Cyprus (EU) has, in addition to the most attractive Non-Dom-Programme within the European Union, very strong arguments for setting up a company.
Corporation tax is 12.5%, there are no trade taxes, and you will receive a VAT number (international Value Added Tax number), as well as a local tax number. Additionally, a Cyprus company with business premises and proper business operations meets the international substance requirements of a foreign company.
Cyprus has a respectable reputation both within and outside of the European Union and has made extraordinary efforts, particularly in the last four years, to provide excellent conditions for foreign companies and business owners.
The business-friendly implementation of the CFC-Rules in Cyprus, offers a high degree of corporate freedom.
With a combination of company formation and residential relocation, Cyprus offers the following advantage: Non-Dom regulation.
Five stars for this excellent corporate location within the EU, where we have been representative for over 20 years!
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NON-EU-LOCATIONS Incl. CFC-Management-Packages
Panama
Company formation including management package and bank account
Review of this location:
With the implementation of international CFC-Rules and substance requirements, Panama has developed into one of the most sought after Non-EU locations worldwide.
Although the Panama company does now not represent an offshore company anymore, it still has many exciting advantages to offer.
If you prefer company formation outside of Europe, you should absolutely look into this modern corporate location. As with the ‘New Seychelles Company’, Panama is incredibly flexible and thanks to the management package, the company operates legally secure on an international level.
A five-star review for company formation in Panama.
The Seychelles
Company formation including management package and bank account
Review of this location:
The Seychelles company is subject to territorial taxation in the Seychelles. The corporation tax in the Seychelles is only levied when the profits are not earned outside of the Seychelles.
The Seychelles has already implemented the international recommendations of the OECD and liberally reformed company and tax laws. The employment of local directors, nominees and the fulfilment of national and international substance requirements (e.g. business premises) is easily accomplished through appropriately customised management packages.
Find out more in the following pages, where some very positive and eye-opening experiences await you. Or simply contact us directly, we are happy to hear from you!
Five-star review for this location!
NON-EU-LOCATIONS Without taxation on company level
CANADA ONTARIO LP
Canada Ontario LP company formation
with a Full-Service-Package
Review of this location:
The Canada Ontario LP is in particular a great alternative to the USA. There are no accounting obligations, no taxation on a corporate level, and these in addition to the impeccable international reputation are only a few examples why many entrepreneurs are choosing Canada as a business location.
Our review of this location is: 5 stars.
USA FLORIDA LLC
Florida LLC company formation
with local bank account
Review of this location:
Establishing a company in Canada is generally preferred to US company formation. Although, since 2019 the Florida LLC in particular has become interesting again, because among other things you can in this way open local bank accounts in the USA again.
Let’s talk about your business, we are at your disposal!
An alternative to Canada, which we at this point rate with four stars – a rising trend!
RESIDENTIAL RELOCATION Cyprus (Non-Dom)/United Arab Emirates
Cyprus (EU member)
EU-residence in Cyprus with Non-Dom status
Residential relocation, Non-Dom status and company formation
The Mediterranean island of Cyprus is a full member of the European Union and offers around 350 days of sunshine, the beach and the sea as well as substantial advantages for the internationally active businessperson. Only 60 days minimum stay per year, no taxation on dividends and many more benefits…
Cyprus (EU) is in our view the paradise within the EU and therefore receives a 5-star rating!
You can find more information on our website: https://www.tax-residence.com
United Arab Emirates
Residential relocation and company formation
Residential relocation with Free-zone company formation
Already with the formation of a RAK Free-zone company (Free trade zone Ras Al Khaimah) in the United Arab Emirates, will you be able to attain an investor visa and enjoy the amazing opportunity of becoming a resident in the United Arab Emirates. An optimal infrastructure, high quality of life and excellent leisure activities are, besides income and corporate taxation of 0%, often the most important reasons for businesspersons to relocate to the Emirates.
UNITED ARAB EMIRATES
RAK FREE-ZONE COMPANY FORMATION
Residential relocation with Free-zone company formation
Already with the formation of a RAK Free-zone company (Free trade zone Ras Al Khaimah) in the United Arab Emirates, will you be able to attain an investor visa and enjoy the amazing opportunity of becoming a resident in the United Arab Emirates. An optimal infrastructure, high quality of life and excellent leisure activities are, besides income and corporate taxation of 0%, often the most important reasons for businesspersons to relocate to the Emirates.
RAK ICC (OFFSHORE)
Review of this location:
The RAK ICC represents the modern model of the former RAK offshore company, although it does not by itself offer the possibility of building substance within the United Arab Emirates. Evidently this ‘absence’ can lead to difficulties with international business transactions (keyword CFC-Rules and substance requirements). For this reason, the RAK ICC is in some instances still recommended, although not in every case. A very good alternative within the UAE would be the RAK Premium package or the Seychelles as a substitute location.
We continue to give the location RAK five stars, although due to the aforementioned problems we rate RAK ICC only with four stars.
UNITY SCHEME MODEL
UNITY SCHEME MODEL FOR PERSONS RESIDING IN AUSTRIA
The double-taxation agreement between Austria and Cyprus (EU) enables the use of the unity scheme model.
Do you already live in Austria or can envisage moving your residence there? In addition to its close proximity to Germany and Switzerland, an advantage that many entrepreneurs are benefiting from is that Austria offers a legally anchored tax exemption based on a special DTA (Double-taxation agreement). In accordance with the provisions of the DTA between the Republic of Austria and the EU member state Cyprus, any income gained from Cypriot partnerships is tax-free in Austria. Foundation: DBA – Article 7, paragraph 1 and 8 (20.11.1990)
OTHER LOCATIONS
Hong Kong
Offshore company formation including bank account
Review of this location:
With the introduction of international substance requirements, Hong Kong ended up in a bit of a dilemma. On the one hand, a cross-border company in Hong Kong generally nowrequires proof of permanent premises as well as local management, but on the other hand, these traits would trigger a general tax liability for the company in Hong Kong. In particular, compliance with substance requirements will always be necessary as soon as a Hong Kong company wants to do business with customers / business partners from countries whose national CFC-Rules and substance requirements for foreign companies provide exactly this. For this reason, we currently cannot fully recommend Hong Kong as a location. Alternatives locations include the Seychelles, Panama and Cyprus (EU).
BELIZE
Offshore company formation including bank account
Review of this location:
Belize was for many years one of the top locations in the international offshore sector. Unfortunately, the incumbent government has until now not been able to reach an agreement (current as of June 2019) in what way to address the OCED recommendations, the CFC-Rules and the international substance requirements.
As soon as we have dependable information that would offer Belize as a sensible location, we will again include this jurisdiction in our programme. Alternatives: Panama, the Seychelles, Cyprus, Canada and the USA.
ST. LUCIA
Offshore company formation including bank account
Review of this location:
St. Lucia could soon become and interesting location once more. However, currently, as of July 2019, we do not have conclusive information on which we can base an attractive offer for you.
Depending on the business, the Seychelles, Canada, Panama and Cyprus offer alternatives.
St. Vincent
Offshore company formation including bank account
Review of this location:
Whether St. Vincent actually maintains its new regulations in regards to CFC-Rules, tax law and substance requirements, is questionable. All the same, St. Vincent was in the past one of the most attractive offshore locations worldwide, with extremely high demand.
We will keep a very close eye on any further developments and should St. Vincent make any adjustment that seem positive, we will re-introduce this location in our offers. Alternatives: the Seychelles, Panama and Cyprus (EU).
