News | Page 137

Armenia, as a constantly developing country with a growing GDP, attracts many foreign investors. Among the advantages of this jurisdiction, one can also highlight the presence of zones in which there are significant tax benefits and there are no obligations to attract residents to the LLC. Tax system Medium and large firms pay value added…

Turkey is attractive to foreign investors, since the state provides all kinds of support to start-up entrepreneurs, does not set restrictions on the residence of citizens, organizational forms of business and much more. However, Turkey is not an offshore company in the standard sense. It will not be possible to completely get rid of the…

Thailand’s legal framework is geared towards supporting domestic business, which is why government agencies are reluctant to provide foreign investors with the ability to hold and freely manage assets. A non-resident owner can own the capital in its entirety only if he receives an appropriate license. The government agency issues such permits only to those…

Non-residents can register a company in China in the form of a representative office of a foreign firm or as a local organization with joint or fully foreign capital. If an entrepreneur is focused on full-fledged income turnover, the first type will not be a suitable option. The freedom of representation is significantly limited, they…

For foreign investors, Bangladesh is one of the most attractive jurisdictions because of the following: Due to the above factors, investors who want to freely cooperate with the Asian, first of all, the Chinese, market seek to create a company in Bangladesh. Bangladesh is offshore, which makes it possible for any entrepreneur, regardless of residency,…

An excellent option for those who want to expand or start their own business in the Asia-Pacific region in a brokerage or foreign exchange direction, since the Labuan jurisdiction offers remarkably preferential tax regime for such activities. New rules for conducting brokerage business have been in force in Labuan since the beginning of 2018. The…

Among all the Balkan states, Croatia has the highest level of development. In this country, all the appropriate conditions have been created in order to implement a profitable commercial project. But, you can start doing business in Croatia only after receiving official approval from the authorities. Since 2012, this jurisdiction has had rules governing the…

Registration of a company in Ukraine is getting easier every year. Company formation procedure The first stage in setting up a company in Ukrainian jurisdiction is entering it into the Unified State Register. This can be done by submitting an application to the state registrar working in the zone where the legal entity will operate…

Slovenia is at the highest level of development among the Balkan countries economically. That is why foreign entrepreneurs want to live in this state and conduct business there. Legally, foreigners are practically unlimited in investments. A non-resident is allowed to own 100% of the organization’s property, however, only on the condition that it is related…

Slovakia is not a standard offshore zone. However, this does not make this jurisdiction less interesting for foreign investors. The legislative base of Slovakia provides for the creation of organizations such as JSC. For such companies, the authorized capital is set at 25,000 euros. Also, you can register an LLC – the minimum charter capital…

Serbia is a European country with a developed industrial sector, which has excellent prospects for starting and successfully running a business. Moreover, opening a company in this jurisdiction makes it possible to obtain a residence permit in the future, which in Serbia is called boravak. The registration procedure is simple and not burdensome. Organizational forms…

Sark – one of the Channel Islands – is located in the English Channel and belongs to Guernsey. All the land that lies within this island is owned by one person who leases out the plots. Since Sark is a rather small state, until 2008 only about forty companies were opened there. Sark is under…