Remote Business Entity Establishment in Oceania

Psoted on: December 15, 2021 at 12:17 pm, in

Australia & New Zealand 

Oceania is a region consisting of a large cluster of islands in the central and western areas of the Pacific Ocean. It includes 14 countries, among them are Australia, Micronesia, Fiji, Kiribati, Marshall Islands, Nauru, New Zealand, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu. Today, we will talk about two that have the largest GDP per capita and the most developed markets — Australia and New Zealand. Both countries are also noted for their advanced economies, good investment climate, and favorable conditions for building up new businesses. 

Australia 

Australia is recognized as one of the most developed countries across the globe. It is a huge continental state with a vast market of services. The most popular of which are financial and medical services. The Australian government supports business structures as much as possible, introducing various types of funding, grant programs, and activities that help entrepreneurs to successfully develop and grow. 

Principal business entities. These are the public company (“Limited” or Ltd), private company (“Proprietary Limited” or Pty Ltd), partnership, corporate limited partnership, trust, superannuation fund, sole trader, and branch of a foreign company, — states Deloitte

Cost and terms of registration. The price for the company incorporation service with Clevver’s support in Australia begins from 2,999 Euros. When all pre-incorporation documentation is in place, it takes from 3 to 5 business days to settle a company here. 

Advantages: 

  • Australia has a reputation as an economically and politically advanced country with a high standard of living and GDP growth;  
  • A state is a reliable place for trade and investment as it has strong business ties with the United States, China, Japan, India, and Korea; 
  • Australia has free trade agreements with ASEAN, Chile, New Zealand, and the United States;  
  • The country has signed over 40 double taxation treaties with other states.  
  • Clevver assists with the remote Pty LTD. company registration in Australia. The documentation on incorporation is accessible digitally. 

Financial statements must be filed annually. 

New Zealand 

New Zealand is one of the largest and prosperous countries in Oceania. In the country, agriculture, manufacturing, food industry, and tourism are well-developed. The main trading partners of New Zealand are Australia, the USA, Japan, and China. In its annual World Bank’s Doing Business Report 2020, out of 190 countries in the world, New Zealand is ranked No. 1 with a score of 86.8 for ease of doing business. 

Principal business entities. These are the public and private limited liability company, partnership, limited partnership, trust, sole proprietorship, and branch of a foreign corporation, — says Deloitte

Cost and terms of registration. Commencing pay for the business formation service with Clevver’s help in New Zealand is 4,500 Euros. As soon as all pre-incorporation documents are submitted, it takes up to 4 business days to set up a company in the jurisdiction. 

Advantages: 

  • New Zealand’s legislation is considered to be one of the most loyal for setting up a business; 
  • The country has a well-developed banking and legal services industry;  
  • New Zealand has an excellent reputation in the international business arena;  
  • The Kingdom of New Zealand signed agreements with almost 40 states on the avoidance of double taxation;   
  • Clevver lends a hand in the online company registration in the jurisdiction of New Zealand that does not require the owner’s physical presence.   

Generally, SMEs are not required to prepare general-purpose financial statements. However, they are subject to special-purpose financial reporting under a minimum designated standard. 

Conclusion 

Both Australia and New Zealand are exceptional places to form your business in the area of Oceania. The governments of the countries have done a great job to make these jurisdictions attractive for business settlement. The online company registration service with Clevver’s assistance is fast and fully remote, allowing you to start up a company in New Zealand and/or Australia effortlessly. 

Together with a network of qualified legal partners, Clevver helps with remote business establishments globally, including the Oceania region. Find out details on our site or get in touch with our specialists. 


DISCLOSURE NOTICE:  Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice. 


Business Entity Formation in Asia

Psoted on: December 1, 2021 at 7:51 am, in

“Asian Tigers” — Hong Kong and Singapore  

Asia offers investors and entrepreneurs favorable conditions for registering companies. These are attractive tax regimes, convenient and reliable banking, as well as the stability of the legal and financial system. 

Company registration in Asia is a great opportunity to get access to markets of the Pacific region. Traditionally, Asia attracts foreign businessmen with its following business centers: Hong Kong and Singapore.

Hong Kong 

Hong Kong is a special administrative region of the People’s Republic of China, located on the Kowloon Peninsula. It is Southeast Asia’s leading commercial and financial center, ranked the third largest global center after New York and London. 

Hong Kong’s economy is based on a free market, low taxation, and non-interference by the state. Thanks to very rapid economic growth, the region has become one of the four “Asian Tigers”, along with Singapore, South Korea, and Taiwan. Hong Kong is a free port with loose cash flows and a smoothly convertible Hong Kong dollar, which has been pegged to the US dollar since 1983. 

Registering a company in Hong Kong offers great opportunities for business development and prosperity. A favorable investment climate, stable legislation loyal to non-residents, and a developed economy make the jurisdiction especially attractive for foreign entrepreneurs to open a business here. 

Principal business entities. These are the public and private limited liability company, partnership, sole proprietorship, and branch or representative office of a foreign corporation, — states Deloitte

Cost and terms of registration. Pricing for the incorporation service with Clevver’s support in Hong Kong starts from 1,299 Euros. It takes a few business days to register a company in the jurisdiction once all pre-incorporation documentation is in place.  

Advantages: 

  • Hong Kong has a reputation as one of the most prestigious jurisdictions in the world;  
  • An alpha city has a simple tax system with low tax rates (the basic income tax rate is 16.5%). Also, there is no taxation for companies operating outside the territory of Hong Kong and zero taxation on dividends and capital gains;  
  • There are no currency controls in Hong Kong; 
  • Clevver offers help with the remote company registration in the jurisdiction of Hong Kong that does not require the owner’s physical presence. 

Singapore  

Singapore’s economy is a developing market economy, with one of the highest per capita GDPs in the world. The jurisdiction is considered to be one of the “Asian tigers” for its rapid economic rise. The country has advanced electronics manufacturing, shipbuilding, and the financial services sector. 

The economy of Singapore depends on the export of products, especially in areas such as consumer electronics, information technology, pharmaceuticals, and financial services. It is one of the most open and corruption-free economies globally. Singapore attracts large investments in pharmaceuticals and medical products and will continue its efforts to develop Singapore as a financial and high-tech center in Southeast Asia. 

The country is characterized by financial stability and loyal legislation, thanks to which non-residents from different countries can establish a business in the country without unnecessary bureaucratic delays. With Clevver’s support, no personal presence is required to open a business in Singapore, you can form a company remotely and get all the necessary legal papers digitally. 

Principal business entities. These are the public and private limited liability company, partnership (includes limited partnership and limited liability partnership), sole proprietorship, variable capital company (a form of legal entity for investment funds available as of 14 January 2020), and branch of a foreign corporation, — says Deloitte

Cost and terms of registration. Starting price for the business formation service with Clevver’s help in Singapore is 2,599 Euros. As soon as all pre-incorporation documentation is submitted, it takes up to 5 business days to establish a company in the jurisdiction. 

Advantages: 

  • Singapore has the most business-friendly ecosystem with minimal bureaucracy;  
  • Singapore is a respectable jurisdiction with a positive attitude to the crypto business. The government does not restrict but encourages crypto projects;  
  • The country’s stable economy and sound banking system ensure the efficiency of long-term investments and capital protection;  
  • Clevver together with a network of lawyers assists with an online company formation in Singapore. All the necessary legal papers will be accessible digitally. 

Conclusion 

Registering a company in the Asian region promises great prospects, which is why it enjoys keen interest among entrepreneurs. Some of the most promising and extremely beneficial jurisdictions located here are Hong Kong and Singapore. For their rapid success in economic development, these countries even hold the proud nickname “Asian Tigers”. 

Clevver helps form companies all over the world, including Hong Kong and Singapore. You can learn more about the remote business incorporation service with Clevver’s hand, just contact our experts

DISCLOSURE NOTICE:  Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice. 


Online Business Formation in North America

Psoted on: November 16, 2021 at 7:31 am, in

Canada and the USA

North America is one of the most economically developed macro-regions in the world. Together, the United States and Canada form one of the largest, highly developed, and multifaceted economies.  

Canada 

Canada is one of the most prestigious jurisdictions for setting up and doing business globally. The government of the country has taken care to create well-thought-out and up-to-date laws that help attract foreign entrepreneurs. Canada is recognized as one of the richest countries in the world with a high per capita income. The country is a member of numerous respectful international organizations like the OECD, G7, NATO, WTO, etc. The main trading partners are the United States, China, Mexico, Germany, and Japan. 

Principal business entities. These are the corporation, unlimited liability company, sole proprietorship, partnership (various forms exist), joint venture, trust, and branch of a foreign corporation, — declares Deloitte

Cost and terms of registration. Pricing for the incorporation service through Clevver’s help in Canada starts from 3,300 Euros. It can be as fast as 2-3 business days to register a Canadian company once all pre-incorporation documentation is in place. 

Advantages:  

  • Canada’s legislation is flexible and in line with all modern realities;  
  • Non-resident companies pay taxes only on profits generated in Canada; 
  • Canada has signed more than 100 double taxation treaties;  
  • Clevver assists with the simple online registration of a company in Canada that does not require the owner’s physical presence. All legal papers are available in a digital form.  

Financial statements must be prepared annually. 

The United States of America 

The US economy is the largest economy in the world in nominal terms, accounting for at least a quarter of world GDP for the past 50 years. It is one of the most diversified national economies in the world. There is no nationwide uniform legislation for business registration in the country. Each state has its own taxation rules and mandatory fees. Lawyer-partners, working with Clevver, have a deep knowledge of US law and are aware of all the latest changes. They will help you choose any of the 50 states that are most suitable for you and your business. 

Principal business entities. These are the corporation, limited liability company, business trust, partnership, and limited partnership, usually created under the laws of one of the 50 states or the District of Columbia. Certain contractual arrangements may be treated as partnerships for US federal income tax purposes. US business also may be carried on directly by an individual (sole proprietorship) or a US branch of a foreign business entity, — insists Deloitte portal. 

Cost and terms of registration. Starting price for the company registration service with Clevver’s support in the USA is 129 Euros. It is possible to form a business entity within a few business days once all pre-incorporation documents are available. 

Advantages:  

  • The United States has consistently ranked among the top in the world for overall competitiveness and ease of doing business; 
  • The US business culture, backed by a regulatory environment, is particularly conducive to starting and operating a business; 
  •  There is a transparent and predictable legal system in the country; 
  • Clevver experts will readily help you incorporate a company in any of the 50 US states on a remote basis. 

Each publicly traded legal entity is obliged to prepare financial statements. Deadlines depend on the type of company. 

Final Words 

Business registration in the USA or Canada opens up breathtaking opportunities for foreign entrepreneurs, among which are access to a huge solvent market of goods and services, well-thought-out and loyal legislation, an excellent reputation for a business, and the trust of partners. 

Clevver helps with company formations around the globe, including the North American region. Find out more on the site or contact our specialists directly here

 
DISCLOSURE NOTICE:  Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice.


Company Incorporation in Tax Havens

Psoted on: November 10, 2021 at 9:21 am, in

The Most Promising Jurisdictions 

The term “tax haven” refers to a country /county or a special economic zone where there are zero /minimal tax obligations and /or no need to prepare corporate filing for businesses. By dint of offshore companies, entrepreneurs have the chance to significantly reduce their tax burden — 100% legal. 

How do Tax Havens Differ from Regular Jurisdictions? 

There are specific distinctions between a tax haven and a common territory. Here are a few of them: 

  • organizations incorporated in tax havens but not operating on their territories are liable to the diminished or zero taxation; 
  • typically, instead of regular corporate taxes, the companies pay an annual fee; 
  • tax havens offer a high level of confidentiality to the business owners; 
  • as a rule, organizations registered in tax havens are exempt from the need to maintain and file tax and corporate reports. 

The Most Popular “Tax Havens” Globally 

There are a number of offshore territories that are more preferred by entrepreneurs than others: 

Belize / British Virgin Islands (BVI) / Dubai / Panama 

Let us take a closer look at each of these countries and their characteristics. 

Belize 

Principal business entities. This is IBC that is created and operates under the rules of the International Business Companies Act of 1990, as amended in 2000 and is generally required to conduct trade and commerce outside of the country. 

Cost and terms of registration. Pricing for the incorporation service with Clevver’s help in Belize starts from 1,400 Euros. It takes from 1 to 3 business days to register a Belizean company once all pre-incorporation documentation is in place.  

Advantages:  

  • Belizean government provides high confidentiality for the business structures incorporated here;  
  • In Belize, there is a closed registry of business owners;
  • No annual financial and tax reports are required, no audits are conducted in Belize; 
  • Clevver is ready to support the remote setup of a company in Belize working together with our legal partners. 

The British Virgin Islands (BVI) 

Principal business entities. These are the company, partnership, and trust. 

Cost and terms of registration. Pricing for the company formation service with Clevver’s assistance in the BVI starts from 1,995 Euros. It takes from 1 to 3 business days to register a legal entity once all pre-incorporation documentation is available.  

Advantages: 

  • The BVI is one of the most prestigious tax havens in the world;  
  • There are practically no substantial tax burdens on the companies incorporated in the jurisdiction;  
  • There are no reporting requirements to government agencies and mandatory auditing for BVI companies;  
  • Clevver helps with the remote company registration in the BVI together with our lawyers’ network. All documentation on incorporation is accessible digitally.  

Dubai 

Principal business entities. These are the limited liability company, private/public joint-stock company, branch, and representative office. 

Cost and terms of registration. Starting price for the incorporation service with Clevver’s hand in Dubai is 6,299 Euros. It takes up to 4 weeks to register a business structure once all pre-incorporation documentation is in place.  

Advantages:  

  • Dubai is an international trade “hub” and a recognized logistics center. It has a supreme geographical location at the crossroads of Europe, Africa, and Asia;
  • Dubai has a dynamically growing economy and advanced technology;  
  • The emirate has a favorable investment climate and state support for foreign investors;  
  • Clevver offers assistance in the registration of companies in Dubai remotely with a help of lawyer-partners. 

Panama 

Principal business entities. These are the corporation, limited liability company, limited liability partnership, general partnership, joint venture, and branch of a foreign corporation. 

Cost and terms of registration. Starting price for the company registration service with Clevver’s support in Panama is 1,400 Euros. It takes up to 3-4 days to set up a business structure once all pre-incorporation documents are submitted.  

Advantages: 

  • The Republic of Panama is an important center of maritime trade and a leading international center for banking and professional services;  
  • The country boasts a strong economy and world-class infrastructure;  
  • The jurisdiction offers an attractive tax regime; 
  • Clevver assists in the remote LTD company registration in Panama together with our network of legal experts. The documentation on incorporation is accessible digitally. 

Summary 

Depending on business activity, entrepreneurs may go for a so-called tax havens jurisdiction to form a company there. It can bring some benefits in terms of lowering the tax burden. Clevver supports remote incorporation of companies all over the world, including tax-havens. Get in touch with our specialists to learn more

DISCLOSURE NOTICE:  Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice. 


Company Incorporation in Central Europe

Psoted on: November 2, 2021 at 11:33 am, in

The Most Attractive Jurisdictions 

Forming a company in a foreign country is an important and maybe even life-changing decision. To introduce you to the advantages of incorporating a company in different parts of the world, today, we will get acquainted with Central Europe:  

The most attractive located here countries for building up your business are the following: 

Germany Ireland Netherlands Switzerland UK  

Why Central Europe? 

First and foremost, the company located in central Europe is considered prestigious: it increases the level of trust of clients and partners, opens up possibilities to trade within the EU. In addition, European business is associated with: 

  • working in an atmosphere of economic and political confidence; 
  • admittance to advanced banking systems; 
  • the possibility of avoiding double taxation. 

The need to open companies in European countries may also arise for entrepreneurs wishing to optimize their business costs (double Dutch with Irish sandwich). 

What are the requirements and benefits of each country for the incorporation of a company in its territory? Let’s take a look below. 

Germany 

Principal business entities. These are the joint-stock company (AG), limited liability company (GmbH), general and limited partnership, sole proprietorship, and branch of a foreign corporation, — states Deloitte

Cost and terms of registration. Pricing for the incorporation service with Clevver’s support in Germany starts from 499 Euros. It takes a few weeks to register a German company once all pre-incorporation documentation is in place. 

Advantages: 

  • Germany has a stable and one of the most developed economies in the EU;  
  • The country ranks 4th in the world in terms of GDP;  
  • German government signed agreements with more than 90 states on avoidance of double taxation;  
  • Clevver specialists are ready to provide assistance in the fully remote incorporation of a German company. All the necessary documentation will be available in a digital format.  

Financial statements must be prepared annually. Taxpayers are required to maintain their books in Germany, although electronic bookkeeping may be transferred abroad with the prior approval of the tax authorities. 

Ireland 

Principal business entities. These are the public and private limited liability company, partnership, sole proprietorship, and branch of a foreign corporation. The private limited company and the public limited company are the two main forms of corporate organization in Ireland, and there are two types of private limited company: the private company limited by shares and the designated activity company, — says Deloitte

Cost and terms of registration. With Clevver’s support, pricing for the incorporation service in Ireland starts from 179 Euros. It takes 3-5 days to register an Irish company once all pre-incorporation documentation is in place. 

Advantages: 

  • Ireland is a member of the European Union and the European Economic Area. The establishment of a company here allows trading easily in services and products throughout the European market; 
  • Under the laws of Ireland, the corporate tax is 12.5%;  
  • The Irish government has signed extensive double taxation agreements with 63 countries. These agreements cover direct taxes (income tax) and the capital gains tax;
  • Clevver provides support for the company incorporation on a remote basis in Ireland. All the corresponding documentation on the business registration is available digitally. 

For reporting will be required: tax report, financial report with audit, annual report. 

The Netherlands 

Principal business entities. These are the public company (naamloze vennootschap or NV), private limited liability company (besloten vennootschap or BV), partnership (commanditaire vennootschap or CV, vennootschap onder firma or VOF, etc.), cooperative, and branch of a foreign company, — according to Deloitte

Cost and terms of registration. With Clevver’s support, pricing for the incorporation service in the Netherlands starts from 1,999 Euros. It takes a few days to register a Dutch company once all pre-incorporation documentation is in place. 

Advantages: 

  • The Netherlands offers feasible tax policies to companies registered here;  
  • The country’s economy is stable and has a moderate growth rate, which plays a key role in the prosperity of businesses in this jurisdiction;
  • Forming a company in the Netherlands provides an excellent way to enter the EU market;  
  • Clevver assists with the company formation in the Netherlands remotely and provides digital access to all business incorporation documents. 

Financial statements must be filed annually. 

Switzerland 

Principal business entities. These are the corporation (AG), limited liability company (GmbH), and branch of a foreign company, — based on Deloitte report. 

Cost and terms of registration. Pricing for the incorporation service with Clevver’s assistance in Switzerland starts from 3,500 Euros. It takes a few weeks to register a Swiss company once all pre-incorporation documentation is available. 

Advantages: 

  • Switzerland manages almost 35% of international private and institutional funds and is renowned for its political, economic, and social stability;  
  • The country is well-known worldwide for its stable financial system;  
  • The Swiss Confederation pursues a policy of moderate taxation of businesses;  
  • The country is an attractive tax haven;  
  • Clevver experts provide fully digital assistance in incorporating AG/GmbH in Switzerland. 

Financial statements must be prepared annually. 

The United Kingdom 

Principal business entities. These are the private and public limited liability company, partnership, limited liability partnership, limited partnership, real estate investment trust (REIT), and branch of a foreign corporation, — states Deloitte

Cost and terms of registration. With Clevver’s support, pricing for the incorporation service in the United Kingdom starts from 129 Euros. It takes a few days to register a British company once all pre-incorporation documentation is available. 

Advantages: 

  • Access to a unique market; 
  • The level of tax on company income received in the UK is one of the lowest among European states; 
  • UK laws are simple and transparent and there is almost no corruption in the country;  
  • The procedure of opening a company in the United Kingdom with Clevver’s support is quick, fully remote, and logically consistent. All documentation on incorporation is available in digital format.  

Financial statements must be prepared annually. 

Final Words 

When it comes to expanding business outside of their country, entrepreneurs are faced with the question of choosing the most preferred jurisdiction. The Clevver team assists with company registration all over the world, including central Europe. Find out more details on our site

Disclaimer: Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice.   


Unter den Linden in Berlin

Psoted on: October 1, 2021 at 6:48 am, in

The New Prestigious Clevver Location for Your Business

Clevver is very happy to announce that the list of virtual office locations is growing! From the beginning of October, our customers will be able to book our new prestigious address in Berlin, on boulevard “Unter den Linden”. 

What is Unter den Linden? 

Unter den Linden is an unusually beautiful boulevard in the center of Berlin Mitte, only a few steps away from Pariser Platz where you find the Brandenburger Gate. A stroll along will reveal numerous sights of the majestic city. The virtual business address we offer is located in the historic “House of Switzerland”, which is located at the cross of Unter den Linden Boulevard and Friedrichstraße.  

The legal address at Unter den Linden can be used for: 

  • company formation. 
  • register with authorities; 
  • business cards; 
  • marketing materials; 
  • company website. 

The legal address at Unter den Linden pricing starts from 49,95 EUR per month. 

Our customers can, of course, expect a high level of service at Unter den Linden when it comes to mail and parcel handling. Each item will be received, processed, and scanned in a timely manner. As known to our customers, they are the ones to decide which item of mail will be scanned, forwarded, or disposed of.  

Our service stays flexible and entirely under our customers’ control at all times. This makes it both cost-efficient and personalized, with easy management that will not take up much of your time.  

The digital postbox at Unter den Linden pricing starts from 9,95 EUR per month. 

Conclusion 

Unter den Linden is a new prestigious location in Berlin from Clevver. Here, we offer our virtual office services – a set of options for remote and digital entrepreneurship. It includes legal and business address, remote postbox, phone number. Also, help with the company formation is possible in this location. That means that it can be used as a registered address for your business as well as to receive official documents. 

Our additional options, such as a local phone number tied to the address, and support for the incorporation service make our Unter den Linden location unique assistance that will help you grow your business and match your success. 

With quick setup and easy operation, the Unter den Linden virtual office address from Clevver is the ideal entry into the German market for any company. 

DISCLOSURE NOTICE: Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice.


Clevver Supports Online Company Registration in Scotland

Psoted on: September 24, 2021 at 6:19 am, in

Overview: 

  • Scotland is one of the most prestigious regions in the UK; 
  • The country has strong and robust legislative and banking systems, a well-developed infrastructure; 
  • Government policies of the country are designed to create a stable economic environment that encourages investment;
  • Highly competitive British markets for goods and services create unique opportunities for the development of your business; 
  • There are no currency controls in the jurisdiction; 
  • Clevver supports a completely remote company formation procedure in Scotland with the granting of registration documents in a digital format.

Scotland is an autonomous state within the United Kingdom of Great Britain and Northern Ireland, located in Western Europe. Scotland has an open, Western-style mixed economy, closely connected to the rest of the UK. Its main focus is oil and gas production in the North Sea shelf, electronics manufacturing, and the financial sector. 

Businesses in Scotland have had a reputation for high reliability for many years. In its annual rating for Ease of Doing Business, the World Bank gave the UK the well-deserved 8th place. The highest scores were given to the following important components of successful entrepreneurship — paying taxes, trading across borders, and protecting minority investors. 

Many European economies are very unstable right now because of the pandemic the world is experiencing. However, Scotland has remained a true “safe haven,” a great place to register companies. Clevver specialists will assist in incorporating your company in Scotland in a timely manner, completely remotely, and are ready to provide additional services for the successful functioning and development of your business in Western Europe on request. Learn more here.  

Business Taxes in Scotland 

Although being autonomous, Scotland is still part of the United Kingdom and is subject to common business tax regulations like the rest of the country. Thus, the companies incorporated in Scotland are liable to the following taxes: 

  • Corporate income tax is 19%. If you run your business as a sole proprietorship, partnership, or limited liability partnership (LLP), you do not pay income tax. Nevertheless, you still have to pay tax based on the profits of the individuals involved in your business, — insists the Scottish International Development portal. 
  • VAT — 20% (for certain goods/services a reduced rate of 5%/0% applies). If a company does business in the UK or with organizations from the EU member states, it may be required to register as a VAT payer. Obtaining a VAT number is compulsory if the company’s annual turnover is more than £85,000. Clevver’s legal specialists can take care of the VAT registration of your business in the UK at your request.  

Company Formation Service  

We support business formation services in Scotland (and many other countries) of the highest quality. Clevver will always strive to do its job as efficiently as possible and in compliance with existing standards of professional ethics.  

Incorporate in Scotland with Clevver’s help to receive:  

  • The assistance of the high-level professionals;  
  • Entirely remote process of cooperation with us;  
  • Digital access to the comprehensive package of documents on the company formation;  
  • Possibility to obtain many add-ons (company secretary, VAT registration, and many more)  
  • Pricing for the service starts from €149;  
  • Consistent customer support. 

Conclusion 

Registering a company in Scotland, an independent part of the United Kingdom will allow you to develop your business in one of the richest countries in the world. Clevver is more than ready to assist you in the setting up of an LTD in this jurisdiction — a company with limited liability, which is by far one of the simplest, most accessible, and understandable forms of business ownership on the international market.   

If you are interested in the advantages of doing business in Scotland, we can help you register a company in this jurisdiction online. For detailed information, please, contact our specialists.

DISCLOSURE NOTICE: Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice. 


Remote Company Formation in Panama is Available!

Psoted on: September 17, 2021 at 6:58 am, in

Overview: 

  • Panama enjoys an advantageous geographic location; 
  • The Republic of Panama is an important center of maritime trade and a leading international center for banking and professional services; 
  • The country boasts a strong economy and world-class infrastructure; 
  • The jurisdiction offers an attractive tax regime; 
  • The government of Panama has signed free trade agreements with more than 15 countries, including the United States, Canada, Mexico, and others. 
  • Clevver assists in a remote LTD company registration in Panama. The documentation on incorporation is accessible digitally. 

The Republic of Panama is a state in North America, bordering Costa Rica and Colombia. The country is rightfully considered as one of the largest international trade and financial centers. 

Stability and constant growth are the main features of Panama’s economy that attracts foreign investors to the country. The economy is mainly based on a well-developed services sector with a strong focus on banking, commerce, tourism, trade, and private industry due to its key geographical location. Located between Costa Rica and Colombia (Central America), Panama strategically manages the Panama Channel linking the Atlantic and Pacific Oceans. 

The Republic of Panama is a well-known and popular jurisdiction for establishing companies involved in all types of commercial activities around the world. Clevver experts will help you to register your company in Panama in compliance with all requirements and regulations of the country. There’s no need to travel to the jurisdiction to start the company incorporation process, we provide our services REMOTELY! Find more info here.  

Taxation in Panama 

  • Panama is considered a low-tax jurisdiction where the territorial principle of taxation applies. Therefore, companies that earn income outside the Panamanian jurisdiction are not subject to corporate tax which standard rate is 25%. 
  • Capital gains derived from the sale of stocks, securities, and negotiable instruments are subject to a 10% capital gains tax. 
  • There is a value-added tax in Panama whose minimum rate is 7%. Some products are subject to a higher rate, such as alcoholic beverages and hotel room rentals at 10%, and cigarettes and tobacco products at 15%. Registration for a VAT number may be voluntary or mandatory. Compulsory registration is provided for companies with an annual turnover of more than 36 000 USD or a monthly turnover of more than 3 000 USD. 

Choose Clevver to Register a Company in Panama 

Panama has a well-developed financial sector and offers a number of advantages to entrepreneurs who want to establish a business here, among which are easy and quick company formation, favorable tax policies, and liberalized trade. 

Incorporation of a business in Panama with Clevver — it is always close attention to the aspects of the matter, a highly qualified team of professionals, and the digital process of Clevver assistance in company formation.  

Contact us to receive:  

  • Support of a well-versed in Panamanian incorporation team;
  • The entirely digital process of cooperation with us;   
  • Provision of all the essential documents for company formation remotely;   
  • Individual and highly professional approach to each customer.  

Bottom Line 

Company registration in Panama provides access to the markets of a country with a developed economy and attractive conditions for doing business.  

To make the process of setting up a Panamanian company successful and fast, it’s better to turn to professionals. Experienced specialists of Clevver will provide support at all stages of company formation and a full package of documents digitally upon the completion of work. To start up a business entity in Panama right now, fill in the inquiry form.

DISCLOSURE NOTICE: Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice.


New Zealand — a Top-Notch Jurisdiction for Company Formation

Psoted on: September 10, 2021 at 6:52 am, in

Overview: 

  • New Zealand’s legislation is considered to be one of the most loyal for setting up a business; 
  • The state is renowned for having regional and political stability; 
  • The country has a well-developed banking and legal services industry;
  • New Zealand has an excellent reputation in the international business arena; 
  • The Kingdom of New Zealand signed agreements with almost 40 states on the avoidance of double taxation;  
  • There is no currency control in the jurisdiction; 
  • Clevver helps with online company registration in the jurisdiction of New Zealand that does not require the physical presence of the owner. 

New Zealand is one of the largest and prosperous countries in Oceania. In the country, agriculture, manufacturing, food industry, and tourism are well-developed. The main trading partners of New Zealand are Australia, the USA, Japan, and China. 

A stable dynamic economy, promising investment climate, the introduction of innovative technologies, and many other positive factors cause a lively interest in New Zealand among entrepreneurs from many countries around the world. 

If you have decided to start a new business and are thinking of choosing New Zealand for this purpose, this decision is well justified. This jurisdiction is the ideal place in the Asia-Pacific region to incorporate your company. In its annual World Bank’s Doing Business Report 2020, out of 190 countries in the world, New Zealand is ranked No. 1 with a score of 86.8 for ease of doing business. In particular, it tops in such indicators as dealing with construction permits, registering property, and obtaining credit. This is an undeniable recognition, indicating the attractiveness of New Zealand in terms of entrepreneurship. The bureaucratic procedure of company registration is kept to a minimum in the country. 

Assistance in setting up a business in a wide variety of countries is one of our main activities. Start a successful business venture by forming a company in New Zealand online with Clevver qualified help. You can find out the details here

Taxation in New Zealand 

  • Corporate Income Tax 

The standard rate of corporate income tax is 28%. 

  • Tax on dividends 

In New Zealand, dividends are considered the company’s income, and therefore under the general rule included in the taxable income tax base. It is worth bearing in mind that companies using different systems of “imputation credit” have different tax obligations with regard to dividends. The tax rate on dividends can be 33%, 30%, 15% and 0%. 

  • Capital Gains Tax 

As a general rule, there is no capital gains tax in New Zealand. However, some types of gains are taxable. 

  • Value Added Tax 

The current standard rate of VAT in New Zealand is 15%. All taxable transactions must be submitted on a special tax return. Registration for a VAT number is compulsory for businesses whose annual shipments of goods/services exceed a threshold of NZD 60,000. 

Setting up a Company in New Zealand

The policy of the New Zealand government aims at developing beneficial conditions for business making and attracting investment in the country. Registering a company in New Zealand is a step to opening up many opportunities and prospects for your business. 

The Clevver team is lending a hand in registering a company in New Zealand. Our specialists will try to make the setting up of a company in New Zealand time-efficient and save you from organizational troubles on the way.  

APPLY TO OBTAIN:   

  • The quality assistance of the highly-skilled specialists;   
  • Online support from Clevver;   
  • An essential set of documentation on the company formation in a digital format;   
  • Consistent customer support and individual approach to each client. 

Conclusion 

New Zealand is a great place to form your business because the government of the country has done everything to make this process as painless and fast as possible. The online company registration assistance service from Clevver is fast and fully remote, allowing you to start up a company in New Zealand effortlessly.  

The talented professionals at Clevver will help you incorporate your company in the Kingdom of New Zealand in a concise time span and without tiring bureaucracy. To reach out to our experts click here

DISCLOSURE NOTICE: Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice.


Register a Company in Sweden — Let Your Business Prosper

Psoted on: September 3, 2021 at 8:32 am, in

Overview:

  • Sweden is a high-income country; 
  • The country is a full member of the European Union; 
  • The state is one of the most prosperous countries in terms of foreign investment;
  • The Kingdom of Sweden has a competitive economy; 
  • The country enjoys a reputation as a reliable trading partner on the international market; 
  • Sweden authorities are tolerant of businesses established by foreign entrepreneurs; 
  • The government of Sweden signed DTAs with more than 90 states;   
  • The Clevver team is ready to assist in the fully remote incorporation of a Swedish company. All the necessary documents can be accessed digitally. 

Sweden is a developed European country located in the Scandinavian region. Its economy is characterized as diverse and highly competitive. The country has a modern infrastructure, excellent internal and external communications, and a highly skilled workforce. It enjoys a reputation as a prosperous country and a reliable partner in the global business market. 

Sweden is one of the top 20 richest countries in the world with a high per capita income. In addition to being a member of the EU, it is also a full part of the Organization for Economic Cooperation and Development (OECD), the European Council, the WTO, the Nordic Council, and the UN. 

The government of the jurisdiction did its best to create and maintain the conditions for favorable and successful entrepreneurship. This is confirmed by the 10th place in the global 2020 World Bank ranking of countries where it is easy to do business. Beside other things, your business will be offered good taxation conditions, and the reputation of the country as such will not make anyone question the legitimacy of the company. 

With Clevver’s support, the formation of a business entity in Sweden will be quick and in compliance with all mandatory procedures and requirements. More info is here

Taxation in Sweden 

Here are the main taxes businesses pay out in Sweden: 

  • Corporate income tax 

As of January 2021, Sweden’s corporate tax rate is 20.6%. It applies to all corporate income. While resident legal entities are responsible for paying tax on their worldwide income (unless special exemptions or tax treaties apply), non-resident businesses are taxed on incomes earned in Sweden. 

  • VAT 

The standard Swedish VAT rate is 25% on all goods and services, reduced rates of 12% and 6% apply to certain goods. 

  • Capital gains tax 

In Sweden, capital gains of legal entities are not taxable if: income is received from the sale of shares of a resident company or foreign company (under certain conditions). Otherwise, a tax rate of 20.6% applies. 

All companies in Sweden are required to keep accounting reports, which record all transactions that took place during the year. The documents are kept at the company’s registered office and must be accessible to the regulatory authorities. 

Why Choose Sweden for Company Formation 

Those wishing to build up a business in Sweden will be pleased to find out how many advantages leading to business success this jurisdiction can offer:  

  • Economic and financial stability; 
  • Membership in the European Union;  
  • The sufficient level of technology;  
  • The powerful legal system;  
  • Skilled labor force.

Registration of a Swedish Business Entity  

Foreign entrepreneurs worldwide find this jurisdiction very attractive to start a company and seek ways to organize their business here. If you’re one of them, stop searching and apply to us. 

Clevver specialists will readily lend you a helping hand to commence your Swedish company formation procedure as soon as you contact us and everything is agreed and clear on both sides. 

WHAT WE OFFER:   

  • The assistance of the well-versed specialists;     
  • The remote process of cooperation with us;
  • A complete package of legal documentation on the company registration in a digital format;     
  • Possibility to obtain numerous extra to business incorporation services in Sweden (a registered address, mail and parcel handling service, and a local phone number);  
  • Constant customer support and individual approach to each client.   

Final Thoughts 

The Kingdom of Sweden is rightfully recognized as one of the most developed and richest nations in the world. Company formation in Sweden provides entry to one of the most innovative countries in the world with advanced IT and biomedicine segments. 

If you want to register a company in Sweden remotely, Clevver specialists will provide you with the support you need to create your business. Don’t hesitate to reach out to start your company formation process in Sweden already today. 

DISCLOSURE NOTICE: Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice.