Company Incorporation World-wide

Last Updated at: February 04, 2020
239
Company Incorporation Worldwide

Many Indian business organizations these days are seeking to expand their businesses worldwide, to cater to the demands of non-resident Indians and other potential customers. But, the process of incorporating, depends upon the jurisdiction where the company is being registered and the legal and tax implications therein. In this blog, we will discuss company incorporation in the 7 most popular destinations worldwide.

company incorporation worldwide

  1. Company Incorporation in the USA

If you’re just looking around for related information on startups, government registrations, tax or legal documentation, check out the list of services we provide to make your interaction with government as smooth as is possible by doing all the legal documentation for you. We will also give you absolute clarity on the process to set realistic expectations.

The United States is a favourite destination for foreign businesses seeking expansion, due to well-formed business rules and regulations. However, the rules differ from one State to another. Certain important benefits of Company Incorporation in the USA are mentioned below-

  • Savings, housed properties, and other personal assets are protected by regulation from risks
  • Low rates of corporate income tax
  • Business-friendly rules and regulations
  • Taxation laws are favourable for foreign business entities, particularly in the states of Nevada, Delaware, and Wyoming
  • The quick and highly streamlined process of incorporation
  • You are not required to declare the names of the shareholders and directors of your company in the U.S.
  1. Company Incorporation in Australia

Australia is also a viable option for business expansion by foreign companies. Certain important features and benefits of Company Incorporation in Australia are mentioned below-

  • A company can be incorporated in Australia as a Limited Liability Company (LLC), sole partnership or a partnership firm (either limited or general).
  • The corporate tax rate is significantly lower even when compared to individual tax rates. This enables companies to lower their tax burden considerably.
  • When you incorporate a company in Australia, you can take advantage of the powerful mix-market economy of the country.
  • Numerous free-trade agreements with countries in Asia, Europe and America offer lucrative opportunities to foreign investors
  • When you incorporate an offshore company in Australia, you are not required to disclose information about your shareholders or investors. This makes your regulatory burden much lower.
  1. Company Incorporation in China

Incorporating a company in the fastest growing economy in this country can do a world of good for the global growth of your business. Certain important features and benefits of Company Incorporation in China are mentioned below-

  • A company can be incorporated in China as a WFOE (Wholly Foreign-Owned Enterprise), an RO ( Representative Office) a WFCE (Foreign-Invested Commercial Enterprise) or a Joint Ventures Company.
  • There is no restriction on repatriation of profits. Foreign exchange approval is not required if you want to remit the profits out of China,
  • The corporate tax rate is on the lower side
  1. Company Incorporation in Dubai

Every businessman in this world harbours a dream of incorporating his own company in Dubai. The advantages of Company Incorporation in Dubai Free Zone are mentioned below-

  • Investors from any nationality can get complete ownership of their company in Dubai
  • 100% tax exemption is provided on corporate or personal income
  • Full repatriation of profits and capital is allowed
  • The company is excluded from all export and import duties
  • The company is exempted from all corporate taxes for the initial 15 years
  1. Company Incorporation in Germany

Germany is widely regarded as the topmost choice if a business is looking to set its foot on the European continent. Certain important features and benefits of Company Incorporation in Germany are mentioned below-

  • Germany is centrally located in Europe, with easy access to most of the European countries
  • A highly skilled workforce
  • A lot of Government support is available in recruitment and training
  • Grants, low-interest loans and other Govt. initiatives are helpful for small business entities at entry level
  • Low level of corruption
  1. Company Incorporation in Hong Kong

Many foreign businesses seek to expand their business in Hong Kong and want to be a part of the flowing economy. Certain important benefits of Company Incorporation in Hong Kong are mentioned below-

  • Hong Kong boasts of an open and highly market-driven economy, with very little intervention from the Government
  • Offshore business activities are made 100% tax-free. Your company needs to pay taxes only on the profits made in Hong Kong.
  • You do not require to make any capital investment to incorporate your company in Hong Kong. A shareholder just needs to sign an M&A along with a declaration to contribute towards the company’s capital.
  • You do not need to have a local person as a director/shareholder in your company in Hong Kong
  • In Hong Kong, it’s fairly easy for a foreign national to open an offshore bank account. Upon submission of his address proof, passport and company incorporation documents, a multi-currency account will be opened within just a few days.
  1. Company Incorporation in Singapore

Because of its strong trade policies, Singapore is one of the most sought after destinations for incorporating an offshore company. Certain important benefits of Company Incorporation in Singapore are mentioned below-

  • Benefits of a strong and stable economy and highly developed   capital markets
  • Low tax rates
  • An easy and efficient process for company incorporation
  • Excellent infrastructure and strategic geographical location
  • Highly productive workforce
  • No restriction on capital import or repatriation of profits
  • The stable political climate and minimum corruption

incorporate your company online

 


When can the taxpayer claim refund from electronic cash ledger?

If the taxpayer has paid excess amount by mistake, they can request for refund from the electronic cash ledger.Understand the procedure for GST registration and GST returns here.

How do banks assess the working capital requirements of borrowers?

Methods such as cash flow mismatch are used by banks to assess the capital requirements that the borrowers seek from banks.More on Income Tax Return Filing.

What does the Aadhaar number have to do with filing of tax returns?

Aadhar card is mandatory for tax payers in India. Non-resident Indians, people aged more than 80 years are exempt from providing Aadhar card when applying for PAN card. Learn more about Aadhar Certification.

What is the purpose of ISO standards?

ISO international standards checks whether the services and products remain reliable, good quality and safe. There are certain tools that helps in increasing productivity. More info on ISO Registration in india.

What is the benefit of ngo?

An NGO has a major role in resolving the issues of the underprivileged by using financial assistance received from the Government or foreign bodies.More about NGO Registration.

 

Company Incorporation World-wide

239

Many Indian business organizations these days are seeking to expand their businesses worldwide, to cater to the demands of non-resident Indians and other potential customers. But, the process of incorporating, depends upon the jurisdiction where the company is being registered and the legal and tax implications therein. In this blog, we will discuss company incorporation in the 7 most popular destinations worldwide.

company incorporation worldwide

  1. Company Incorporation in the USA

If you’re just looking around for related information on startups, government registrations, tax or legal documentation, check out the list of services we provide to make your interaction with government as smooth as is possible by doing all the legal documentation for you. We will also give you absolute clarity on the process to set realistic expectations.

The United States is a favourite destination for foreign businesses seeking expansion, due to well-formed business rules and regulations. However, the rules differ from one State to another. Certain important benefits of Company Incorporation in the USA are mentioned below-

  • Savings, housed properties, and other personal assets are protected by regulation from risks
  • Low rates of corporate income tax
  • Business-friendly rules and regulations
  • Taxation laws are favourable for foreign business entities, particularly in the states of Nevada, Delaware, and Wyoming
  • The quick and highly streamlined process of incorporation
  • You are not required to declare the names of the shareholders and directors of your company in the U.S.
  1. Company Incorporation in Australia

Australia is also a viable option for business expansion by foreign companies. Certain important features and benefits of Company Incorporation in Australia are mentioned below-

  • A company can be incorporated in Australia as a Limited Liability Company (LLC), sole partnership or a partnership firm (either limited or general).
  • The corporate tax rate is significantly lower even when compared to individual tax rates. This enables companies to lower their tax burden considerably.
  • When you incorporate a company in Australia, you can take advantage of the powerful mix-market economy of the country.
  • Numerous free-trade agreements with countries in Asia, Europe and America offer lucrative opportunities to foreign investors
  • When you incorporate an offshore company in Australia, you are not required to disclose information about your shareholders or investors. This makes your regulatory burden much lower.
  1. Company Incorporation in China

Incorporating a company in the fastest growing economy in this country can do a world of good for the global growth of your business. Certain important features and benefits of Company Incorporation in China are mentioned below-

  • A company can be incorporated in China as a WFOE (Wholly Foreign-Owned Enterprise), an RO ( Representative Office) a WFCE (Foreign-Invested Commercial Enterprise) or a Joint Ventures Company.
  • There is no restriction on repatriation of profits. Foreign exchange approval is not required if you want to remit the profits out of China,
  • The corporate tax rate is on the lower side
  1. Company Incorporation in Dubai

Every businessman in this world harbours a dream of incorporating his own company in Dubai. The advantages of Company Incorporation in Dubai Free Zone are mentioned below-

  • Investors from any nationality can get complete ownership of their company in Dubai
  • 100% tax exemption is provided on corporate or personal income
  • Full repatriation of profits and capital is allowed
  • The company is excluded from all export and import duties
  • The company is exempted from all corporate taxes for the initial 15 years
  1. Company Incorporation in Germany

Germany is widely regarded as the topmost choice if a business is looking to set its foot on the European continent. Certain important features and benefits of Company Incorporation in Germany are mentioned below-

  • Germany is centrally located in Europe, with easy access to most of the European countries
  • A highly skilled workforce
  • A lot of Government support is available in recruitment and training
  • Grants, low-interest loans and other Govt. initiatives are helpful for small business entities at entry level
  • Low level of corruption
  1. Company Incorporation in Hong Kong

Many foreign businesses seek to expand their business in Hong Kong and want to be a part of the flowing economy. Certain important benefits of Company Incorporation in Hong Kong are mentioned below-

  • Hong Kong boasts of an open and highly market-driven economy, with very little intervention from the Government
  • Offshore business activities are made 100% tax-free. Your company needs to pay taxes only on the profits made in Hong Kong.
  • You do not require to make any capital investment to incorporate your company in Hong Kong. A shareholder just needs to sign an M&A along with a declaration to contribute towards the company’s capital.
  • You do not need to have a local person as a director/shareholder in your company in Hong Kong
  • In Hong Kong, it’s fairly easy for a foreign national to open an offshore bank account. Upon submission of his address proof, passport and company incorporation documents, a multi-currency account will be opened within just a few days.
  1. Company Incorporation in Singapore

Because of its strong trade policies, Singapore is one of the most sought after destinations for incorporating an offshore company. Certain important benefits of Company Incorporation in Singapore are mentioned below-

  • Benefits of a strong and stable economy and highly developed   capital markets
  • Low tax rates
  • An easy and efficient process for company incorporation
  • Excellent infrastructure and strategic geographical location
  • Highly productive workforce
  • No restriction on capital import or repatriation of profits
  • The stable political climate and minimum corruption

incorporate your company online

 


When can the taxpayer claim refund from electronic cash ledger?

If the taxpayer has paid excess amount by mistake, they can request for refund from the electronic cash ledger.Understand the procedure for GST registration and GST returns here.

How do banks assess the working capital requirements of borrowers?

Methods such as cash flow mismatch are used by banks to assess the capital requirements that the borrowers seek from banks.More on Income Tax Return Filing.

What does the Aadhaar number have to do with filing of tax returns?

Aadhar card is mandatory for tax payers in India. Non-resident Indians, people aged more than 80 years are exempt from providing Aadhar card when applying for PAN card. Learn more about Aadhar Certification.

What is the purpose of ISO standards?

ISO international standards checks whether the services and products remain reliable, good quality and safe. There are certain tools that helps in increasing productivity. More info on ISO Registration in india.

What is the benefit of ngo?

An NGO has a major role in resolving the issues of the underprivileged by using financial assistance received from the Government or foreign bodies.More about NGO Registration.

 

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