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.


Taxation Documents to File if You Own a Small Business in the USA

Psoted on: October 19, 2021 at 7:38 am, in

The US tax system is renowned for its complexity and numerous nuances that must be studied thoroughly. Unlike personal tax returns, preparing and filing business taxation documents requires a lot more expertise and time. And tax compliance is one of the most important parts of doing business in the US. 

The small business owner is responsible for paying taxes on all profits received by their organization. And even if the company has not made any income for a year, this must be reported to the IRS. Business entity structure directly affects the amount of taxes to be paid and the appropriate tax return form. 

This guide will try to give a better understanding of taxes for small businesses in the US and the required tax filing documents that need to be prepared and submitted. 

Business Taxes in the USA 

Historically, corporate taxes in America are divided into three levels:  

  • Federal taxes; 
  • State taxes; 
  • Local taxes. 

Federal Taxes 

Federal taxes make up the “weightiest” part of your tax burden. That said, when it comes to federal taxes (and sometimes state and local taxes), typically, you may be liable for five types of business taxes. These are: 

  • Income Tax: The fee you pay on the earnings formed by your business. 
  • Self-Employment Tax: A charge you pay as a self-employed person to cover Social Security and Medicare taxes. 
  • Employment Tax: Additionally acknowledged as a “salary tax”, this is the tax you deduct from employees’ paychecks (if you have any) for federal income taxes, Social Security taxes, Medicare taxes, and federal unemployment taxes. 
  • Excise Tax: A charge you pay if your business involves trading with certain goods/services: fuel, heavy trucks, tractors, etc. 
  • Property Tax: This expense you pay on any commercial property, land, or real estate owned by your business. This kind of charge is regulated on a regional level considering your business location. 

State and Local Taxes 

As for the other two levels of taxes, US tax laws pertaining to small businesses can vary greatly from state to state and city to city. This, in turn, means that state and local taxes will be unique to your business depending on its location. But, for Clevver, the location of your business doesn’t matter at all, we can help you register the US company in ALL 50 STATES! 

The following is information about typical state and local taxes for small businesses. It is prudent for an entrepreneur to consult with the IRS both of the state and municipality where their business is located to define the precise taxes to be paid out. 

Most often, the state and city in which the business is situated will require the small business owner to pay Income and Employment taxes. These are the most common fees. 

As with federal taxes, state income tax liability is determined by the structure of the business, its legal form. For instance, Corporations pay and report taxes separately from their owners, their income is unrelated and they use different tax returns. At the same time, Sole proprietors report their personal and business income on a single form. 

Having employees affects your tax liability to the state and municipality greatly. If there are any, the business owner-employer will essentially be responsible for paying State labor taxes (workers’ compensation insurance, unemployment insurance, and temporary disability insurance taxes) and Withholding income tax from employees. Again, these may vary from state to state and city to city. 

45 States have a Sales tax demand if you sell goods/services. In this case, the business owners are responsible for estimating, gathering, and proclaiming Sales tax. 

Since there is a great variety of state and local taxes, it is important to take into account also the certain location of incorporation in the USA. Meaning, that local taxes can vary within the state, depending on the area or city that a company is located. Also, the filing of the local taxes is needed to be filed together with the state declarations. 

Types of Business Entities and Tax Return Forms 

As has been mentioned above, the organizational form of your business will determine your tax burden. It affects the types and amount of taxes to be levied. Also, a business entity implies definite tax form samples to be filed with the government agencies. 

The forms you use to file your federal tax return will vary depending on whether your business is structured as a Sole proprietorship, Limited liability company, S-corporation, C-corporation, Partnership, etc. After calculating all your income and paying the prescribed charges, these will be the forms that you will need to fill out. Additionally, each form has a filing date: 

  • sole proprietorship and single-member LLC write down Schedule C and file their tax statements on April 15 for the past year. 
  • An LLC with more than one member submits its Form 1065 with Schedule K-1 for each shareholder of the LLC. They are due March 15 for income earned in the prior year. 
  • Partnerships also file (for each partner) a Form 1065 with Schedule K-1 on March 15 or the 15th of the third month after the end of your company’s tax year. 
  • C-corporations fill out Form 1120. The deadline for filing tax records is April 15 or four months after the end of their tax year. 
  • S-corporations submit Form 1120S with a Schedule K-1 for each part-owner. These returns are due on March 15 or three months after the expiration of the tax year. 
  • Self-employed individuals pay taxes quarterly on Form 1040-ES. Filing dates: April 15, June 15, September 15, and January 15 accordingly. 

The situation with the choice of the appropriate form for tax filing has a couple of more nuances. The selection of the latter is also affected by the “resident” or “non-resident” status of the owner of the organization. For example, an LLC with more than one member, owned by a foreigner, is required to file Form 5472 + 1120, FBAR, and 1040-NR.  

Important! Forms 1120 and 5472 are only filed together, with 1120 serving as the cover page. Your LLC must have an EIN to be able to complete these forms. The deadline to file Form 5472 is April 15. 

Also, keep in mind that companies in the US must prepare not only tax returns but also Annual Reports. With such a variety of dates and documents to be filed with state agencies, it’s easy to get confused and lost. To keep your company always up to date and have no problems with filing the relevant papers on time, Clevver has developed the Clevver Compliance Center — a new service in the Clevver’s family of digital products. This web app will help keep everything under control and not miss any important dates from sight, such as, for instance, the renewal of your US Registered Agent subscription (it must be renewed annually). The Clevver Compliance Center is available FREE OF CHARGE

Final Thoughts 

Determining tax obligations and filing requirements based on the type of company in the US is difficult and time-consuming.  

In order to compile the necessary documents for small business tax filing and annual reports, it is vital to keep detailed accounting records throughout the year, documenting transactions, etc. This, of course, is not easy and requires a lot of resources. That’s why Clevver has created its new product, the Compliance Center, to make your entrepreneurship a little bit easier. 

Also, remember that our specialists can assist you with your company incorporation in any of the 50 states of the United States of America. Learn more 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. 


What Is USPS Form 1583?

Psoted on: April 12, 2021 at 1:03 pm, in

Overview:

  • The USPS form is required for anyone who intends to obtain virtual mailbox services in America; 
  • Filling out the aforementioned form requires a lot of information to be entered properly; 
  • Clevver provides virtual mailbox services throughout the United States.

It is mandatory for anyone who intends to rent a P.O. box, postal mailbox, or virtual mailbox in the United States to fill out USPS Form 1583. It may seem confusing and rather messy the first time you look at it. The material below will help you better understand what the USPS Form 1583 is for and how to fill it out correctly for your mail forwarding service or PO Box rental.

What Are CMRA and USPS Form 1583? How Are They Connected?

CMRA (Commercial Mail Receiving Agency) is basically any type of private organization that conducts mail operations on behalf of individuals and/or businesses, separate from the national postal administration of the United States. These companies may also receive large parcels in addition to standard mail which can be essential to businesses that deal with physical packages on the regular basis. 

The United States Postal Service (USPS) obligates all Commercial Mail Receiving Agencies (CMRAs), like Clevver, to demand a notarized USPS Form 1583 from customers to provide their services.  

The purpose of this form is to verify the identity of the individual and to obtain official consent for CMRA (Clevver) to receive and manage mail on the client’s behalf.

Permitted IDs for Notarization

For USPS Form 1583, two forms of identification must be submitted to online notaries during the notarization session — a primary photo ID and a secondary ID with your home address. There is a strictly limited list of documents that can be presented. Here’s a list of those ones you can use safely:

  • A valid driver’s license or non-driver state ID card; 
  • Armed forces, government, university, or recognized corporate ID; 
  • Foreign passport;
  • Foreigner registration card or certificate of naturalization; 
  • Current lease, mortgage, or Deed of Trust; 
  • Voter card; 
  • Home or auto insurance policy. 

Unacceptable Forms of Identification

  • Credit cards; 
  • Social Security Card; 
  • Birth Certificate. 

The USPS Form 1583 can be completed using the following programs Adobe Acrobat, PDFFiller, cloud-based PDF editor, or Adobe Reader.

How to Fill out USPS Form 1583 

To complete the USPS Form 1583, one should fill in 16 sections:

  1. Enter the date when you will finish filling out this form. 
  2. Enter the name of the person who will receive mail from the CMRA. A separate Form 1583 is required for each new person. If the additional person is a spouse, then only identification is required (2 pieces either). 
  3. Accurately state the address that will be issued for your mail service. 
  4. Enter the name and address of the CMRA whose services you intend to use in this section. 
  5. Section 5 is the space provided for the name of a spouse or family member. 
  6. Provide the applicant’s full name. 
  7. Provide the applicant’s full home address and phone number in Section 7. 
  8. The agent will write in the two identification cards provided. One form of identification will be a photo ID card. Subject to verification. 
  9. If the applicant is a business, name the firm or corporation. 
  10. The application will include the firm’s address and phone number. 
  11. List the type of business that receives mail. 
  12. If the applicant for mail forwarding is a firm, list each member who will receive mail at the address of the commercial mail acceptance agent. Reliable identification from each member is obligatory to provide. 
  13. If the applicant is a corporation, the names, and addresses of officers ought to be stated in this section. 
  14. If the business name was registered through a state business division, whether it is a new formation or trade name, one must indicate the name, county, state, and date of incorporation. 
  15. This section is for the Notary Public, here ought to be their signature. 
  16. The applicant should sign in section 16. If the applicant is a corporation, the officer must put a signature. 

FAQ 

Where can I find a notary public? 

If you are a US resident, most local banks have an employee who is also a notary public. Other possible ways to handle this task are to contact independent contractors in your city in person or through online services that will notarize your documents remotely. The experts at Clevver can help you with notarizing your USPS Form 1583 online when you apply for a virtual mailbox. 

What if I live outside the US? 

If you aren’t a US resident and need the services of a notary public, you can refer to your local consulate. It is possible that also you may need to talk to an international law attorney. Contact us for more details. 

Is Form 1583 a prerequisite for forwarding mail? 

Yes, in order for a commercial mail acceptance agent to forward mail to your residence, you must provide this form along with proof of your identity. 

Must USPS Form 1583 be renewed? 

Your provider must inform you of all foreseen and unforeseen changes on this subject via email and/or in your postal mailbox as well. 

How many people can use one postal mailbox? 

Considering that a personal notarized form 1583 is required to obtain a virtual mailbox, it means that only the applicant (one natural person, the designated person on behalf of the company or company name) who has filled out the form can use the mailbox. It’s a good idea to consult the rules from the USPS website to be up-to-date. 

Is the virtual mailbox address a real address? 

Every mailbox address provided by Clevver is a real address. All mail is actually sent to the address you see when you register your virtual mailbox. Our specialists scan all mail so that you can view it later in the app and decide what you want to do with it. 

Who uses virtual mail boxing most often? 

It’s a great solution for the following groups of people: 

  • Business people;
  • Digital nomads; 
  • Freelancers; 
  • Expats; 
  • Travelers. 

Clevver Virtual Mailboxes and the USPS Form 1583 

Using a virtual mailbox allows you to make mail processing streamlined, cost-effective, and time-saving. Virtual mailbox services are extremely easy to use. They are especially well-suited for small, start-up, or remote businesses. 

The USPS Form 1583 is an essential step for getting a virtual mailbox in the US. We’ve made the method of its processing very easy for domestic and international applicants.

We offer comprehensive virtual mailbox services. You will be happy to know that the price for this service starts at only 5.95 Euros/month! (Prices may vary from location to location).  When you cooperate with us, you can receive a prestigious mailing address in 80+ cities around the globe. Our virtual mailbox service is a team of well-trained professionals and an advanced digital platform for receiving and forwarding your mail. For more information about a virtual mailbox from Clevver, 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.


TOP 10 US States to Incorporate a Company as a Foreign Entrepreneur

Psoted on: April 8, 2021 at 7:40 am, in

Overview:

  • The United States has consistently ranked among the best countries 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 and encourages free enterprise and competition. 
  •  There is a transparent and predictable legal system in the US, all companies – regardless of origin (resident/non-resident) – compete on an even playing field.
  • Clevver experts will readily help you incorporate a company in any of the 50 US states on a remote basis.

Setting ambitious goals and achieving them is the very essence of entrepreneurship. When one has achieved certain results in their business, they want to master new heights, for example, open a new company in another country.  

Today, we will talk about the USA and the best states where a foreigner can register a company on favorable terms. Originating a business entity in the United States is a good way to expand your business globally. An LLC or limited liability company is considered to be the best option for a company status in the US. 

To conclude in which of the 50 states, one federal district, and 5 territories it is better to start up a business for a foreign entrepreneur, we’ll use knowledge about the USA tax system in different states.

The Best US State to Register a Business Entity for a Non-resident

In which state is it better to incorporate a company for a foreign entrepreneur in America? By and large, all paths are free and a company may be registered in any of the 50 states, but some of them may indeed be more “attractive”. Which ones? To determine this, let’s start with taxes first. 

The trustworthy and well-known organization — the Tax Foundation annually publishes the US State Tax Climate Rankings, which showcase the states with the most prosperous conditions for entrepreneurship in terms of laying taxes approach, tax diversity, and their rates.  It is an independent organization, which has been involved in tax research for more than 80 years already. Many reputable business publications refer to their reports. The study, which contains the entire methodology for calculating state ratings depending on taxes, can be found here.

TOP 10 US States for LLC Registration

This is a TOP ranking consisting of 10 US states with the best tax policies for registering a business entity:

  1. Wyoming 
  2. South Dakota 
  3. Alaska 
  4. Florida 
  5. Montana 
  6. New Hampshire 
  7. Nevada 
  8. Oregon 
  9. Utah 
  10. Indiana

You can also see a sketch of the tax policies of different US states below:

Source

Let’s take a quick look at the states to see how they earned their place in the TOP 10: 

Wyoming 

  • Corporate tax rate: 0%
  • Personal income tax rate: 0% 
  • Sales tax rate: 4% 

Are you seriously thinking about registering a business entity in the USA? The company Clevver.io provides a full range of services necessary for this. Visit our website and find out everything about the cost and timing of the service. Conquering new business peaks with Clevver is easy and affordable!

South Dakota 

  • Corporate tax rate: 0% 
  • Personal income tax rate: 0% 
  • Sales tax rate: 4.5% 

Alaska 

  • Corporate tax rate: 9.4% 
  • Personal income tax rate: 0% 
  • Sales tax rate: 0% (but at the local level, municipalities can raise it up to 7%) 

Florida 

  • Corporate tax rate: 5.5% 
  • Personal income tax rate: 0% 
  • Sales tax rate: 6% 

Montana 

  • Corporate tax rate: 6.75% 
  • Individual income tax rate: from 1% to 6.9% depending on income 
  • Sales tax rate: 0% 

New Hampshire 

This state has an additional Business Enterprise Tax, which was originally set at 0.75% of the tax base of the value of the enterprise. 

  • Corporate tax rate: 7.9% 
  • Personal income tax rate: 0% (5% on dividends) 
  • Sales tax rate: 0% 

Nevada 

  • Corporate tax rate: 0% 
  • Personal income tax rate: 0% 
  • Sales tax rate: 6.85% (locally up to 8.26%) 

Oregon 

  • Corporate tax rate: 6.6% on the first million $, 7.6% on income over $1 million 
  • Individual income tax rate: from 5% to 9.9% depending on income 
  • Sales tax rate: 0% 

Utah 

  • Corporate tax rate: 5% 
  • Personal income tax rate: 5% 
  • Sales tax rate: 4.7% (6.85% for Salt Lake City) 

Indiana 

  • Corporate tax rate: 6% (by 2021 will be reduced to 4.9%) 
  • Personal income tax rate: 3.23% + small county tax rate of up to 0.021% 
  • Sales tax rate: 7%

Delaware

Delaware is one of the most popular jurisdictions in the United States for registering corporations. For several years in a row, it has been in 11th place, but you should also pay attention to it.

One of the benefits of Delaware is that there is no state income tax. There is another tax — the so-called franchise tax (it is fixed) in the amount of $300/year (the amount may vary depending on the company’s turnover and the type of activity).

But huge corporations choose the state of Delaware because of the state’s judicial system, which is even called the “Delaware Corporate Shield.” Delaware laws provide the best protection for business owners’ personal assets from creditors. Delaware has a separate court called the Court of Chancery. Its judges have extensive experience in resolving business disputes, and the state has the largest case base in the country. In sum, this allows even very complex economic disputes to be resolved quickly (within weeks, not years) and as “transparently” as possible.

To incorporate an LLC in Delaware with Clevver.io assistance is the right decision because pricing starts from 129 Euros here. Visit our site to learn more.

Final Thoughts

Do not forget about the simple truth: how many people — so many opinions. It is crucial to remember that you ought to focus on the needs of your business. You can concentrate on absolutely any indicators that are important for its prosperity. 

Such states as Delaware and Wyoming are definitely worth considering to open the LLC. These states provide excellent opportunities for registering companies by non-US residents + the cost of registering/maintaining companies in these states is one of the best in the country. Clevver specialists support the company incorporation in any of the 50 states on request.

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.


Double Irish with a Dutch Sandwich — Legal Cuisine

Psoted on: December 17, 2020 at 11:36 am, in

It’s about time that we educate you about the most appetizing tax scheme known by the name Double Irish with a Dutch Sandwich. What does it do? It is associated with minimizing the tax burden when using intellectual property. This system is widely used by American corporations and is slightly less common among European companies, but it is still present there.

Why Do Companies Use “Double Irish with a Dutch Sandwich” Scheme?

So, to begin with, we should turn attention to the prerequisites for using this method of minimizing taxes. If we consider the United States, then income received from intellectual property (royalties) is subject to a very significant tax – 35%. At high turnovers, this interest rate is incredibly burdensome for companies. As a consequence, many firms use tax optimization. This should not be confused with tax evasion. Optimization is the reduction of the tax burden by applying legally acceptable mechanisms.

Famous companies such as Apple, Google, Facebook, Coca-Cola, and others appear among the notorious cases of the “double Irish with a Dutch sandwich” scheme. For example, Google allegedly underpaid about 1 billion Euros in taxes to the French budget for 2016, due to tax optimization.

“Double Irish with a Dutch Sandwich” Peculiarities

Now, let’s move on to the “tastiest” part, and consider the structure of such tax planning and how the above media giants managed to significantly save on tax payments.

This scheme is a kind of chain, through which intellectual property rights are transferred from one company to another. This chain uses two Irish companies and one company registered in the Kingdom of the Netherlands (hence the name “double Irish with a Dutch sandwich”).

Under Irish law, a company is considered a resident of the country from which it is directly managed. Thus, a company incorporated under Irish law with an office and a current director in another country will be considered a resident of the latter. The first Irish company (hereinafter we will call it I1) is geographically located in an offshore zone – in Bermuda or the Cayman Islands, in which dividends and royalties are not subject to income tax. The second Irish company (hereinafter I2) is already registered and located in Ireland, but at the same time, it is a 100% subsidiary of I1. The third company is registered in the Kingdom of the Netherlands (hereinafter – N).

The very scheme of interaction between companies is as follows: A company that owns the intellectual property (located in a high tax area, for example, the United States) transfers intellectual property rights to I1 through a licensing agreement, then I1 sublicense these rights to the company N. The Dutch company, in turn, also transfers sublicense agreement with the same rights to I2. It directly collects profits from the use of intellectual property rights and conducts real business (excluding US consumers). This is because Ireland does not tax funds that are transferred by its residents to some countries of the European Union, incl. Kingdom of the Netherlands. In this case, I2 must pay tax only on the part of the income received from royalties, which it retains with itself (at a rate of 12.5%). From the Netherlands, funds are transferred to I1 (also bypassing taxation), which is a tax resident of the offshore zone, in which it is exempted from paying taxes for royalties. As a result, money is concentrated in the offshore jurisdiction. The popularity of the described scheme is confirmed by media reports, according to which foreign companies carried about 13 trillion euros through the Kingdom of the Netherlands in 2012.

Final Thoughts

It is worth remembering the worldwide trend towards de-offshorization and the introduction of BEPS rules, which are aimed at eradicating such phenomena. This means that in the near future such ways of tax optimization will be closed and global corporations, together with their lawyers, will have to look for new options for tax planning or pay taxes in the form in which they are provided by law. Already in 2017, US authorities directed corporations to end the system. Ireland is pressured to close this loophole.

Our Offer to you

Clevver can assist with the establishment of a Dutch Sandwich for you on demand. Also, Clevver can support the company formation in other alternative European jurisdictions like Switzerland or Malta.

Get in touch with us at [email protected] for more information.

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.