The company founders
Our offers
Switzerland
We specialize in selling Swiss companies in the legal forms of GmbH and AG that are already established and generally have a solid history. This saves our clients a lot of money and time. A Swiss AG can be purchased using this model starting at approximately CHF 20,000.
The share capital of CHF 100,000 has already been paid in.
Georgia
Georgia is an emerging and very modern country in Europe.
The “Ease of Doing Business” rating, published by the World Bank since 2003, ranks Georgia 7th in terms of doing business with an easy process.
According to the 2020 World Bank report, Georgia scored 83.7 points, which keeps Georgia at the top of 190 countries.
We establish your company in Georgia including a bank account.
This Individual Entrepreneur (IE) pays only 1% taxes.
As a tax resident of Georgia, you are not taxed on income earned abroad. This means 0% tax.
Optionally, we can organize a residence permit/residency card for you.
There is no minimum stay of 183 or 60 days like in other countries!
USA
If you are not active in the USA, but only outside the USA, we will set up a US LLC for you that does not have to pay any taxes, does not have to organize any accounting and is also completely anonymous.
Of course, we will also set up a bank account.
The United States is not a member of the Automatic Exchange of Information (AEOI).
As a result, no information will be sent to your home authorities.
Isle of Man
What are the advantages of establishing a company on the Isle of Man
-
- Low taxation system
-
- No capital, wealth or inheritance tax
-
- 0% corporate tax on almost all income, but banking transactions may be subject to 10% corporate tax
-
- Income tax max. 20% but is limited to a maximum amount of 115,000 pounds for single people and 230,000 pounds for couples.
-
- Income from real estate is taxed at 10%
-
- Internationally highly respected jurisdiction
-
- All leading banks and credit institutions are on site
-
- Wide range of economic and tax models
Lithuania
In the first year, Lithuania does not levy corporate tax.
The Lithuanian limited liability company (UAB) is subject to a standard tax rate of 15% on profits.
However, if the turnover is less than EUR 300,000 per year, the corporate tax rate is only 5%.
For which business is Lithuania suitable?
If you want to employ qualified personnel who do not have to be based in Germany or Austria, Lithuania is the ideal location.
Ras Al-Khamaih
(Vereinigte Arabische Emirate)
One of the United Arab Emirates' emirates in the Persian Gulf is Ras al Khaimah (RAK), where it is possible to establish an offshore company in the UAE even with foreign citizenship without a domestic residence. Furthermore, all offshore companies in RAK are exempt from all corporate and income taxes.
Advantages at a glance
-
- No sales tax
-
- No taxation of profits
-
- No dividend taxation
-
- No capital tax
-
- No public commercial register
-
- No required share capital
-
- 100% foreign ownership
Northern Ireland
Company Formation 24 supports you in registering your company in Northern Ireland,
the independent legal area. Northern Ireland has similar company law to the Republic of Ireland and a Companies Registry that was completely separate from the British Companies House until 2009. Politically, Northern Ireland is part of the United Kingdom, but its citizens can choose between Irish and British nationality.
The main characteristics of Northern Irish companies are:
-
Establishment in 1-2 working days
-
Managing directors must be individuals. Only one managing director is required to establish a company.
-
There are no residency or nationality requirements for company directors.
-
All companies must have at least one subscriber/shareholder, whether a legal entity or an individual, at the time of incorporation.
-
Ideally, the shares should be denominated in British pounds sterling (£). It is possible to issue shares in euros (€).
While corporation tax rates are currently in line with those in the United Kingdom, Northern Ireland is expected to have a devolved corporation tax rate of only 12.5% from 2018.
Ireland
In general, Ireland offers a very investment-friendly climate. Company formation is relatively quick, unbureaucratic, and inexpensive.
Ireland's biggest advantage is its low corporate tax rate of only 12.5%.
Ireland is an island nation bordered by the Atlantic Ocean to the west and south, the United Kingdom (Northern Ireland) to the north, and the Irish Sea to the east. Ireland has been a member of the European Union since 1973.
-
Effective tax burden of 12.5% of the company if properly structured
-
EU membership since 1973
-
Excellent infrastructure
-
Low start-up and administration costs
-
Limitation of liability to the subscribed share capital
-
Banking secrecy for legal entities
-
Director does not have to live in Ireland
-
Double taxation agreements with many other countries
-
No required minimum capital for establishing a Limited Company
-
Stable legal situation and strong economic growth
-
Only 6.25% tax on income from patents and licensing transactions
Very interesting: The Irish Special Purpose Vehicle (SPV)
The Scottish Limited Partnership (LP) represents an interesting alternative to the American LLC.
The Scottish LP is an attractive option! Unlike the English LP, it has its own legal personality and can therefore hold assets.
The structure is similar to a German GmbH & Co. KG with a general partner (usually a Scottish Limited Company) and several limited partners.
Advantages of the Scottish LP :
-
No UK tax on profits without a UK permanent establishment
-
No obligation to publish annual financial statements
-
Only a zero-tax return is required if there is no taxable income
-
Flexibility in the number of shareholders
-
European headquarters outside the EU
-
Positive image due to headquarters in Scotland
It should be noted that the UK Transparency Register is publicly accessible. This can be circumvented by ensuring that no shareholder holds more than 25% of the shares.
The Scottish LP can be used for various purposes, e.g.:
-
Consulting services
-
Commercial transactions
-
holding company
UK VAT registration is only required for UK customers. However, voluntary registration can offer advantages when using online services.
Company formation Spain
We establish your company in SL in Spain.
"SL" stands for "Sociedad de Responsabilidad Limitada" in Spain and is the Spanish equivalent of the German GmbH. It is a limited liability company in which shareholders are only liable up to the amount of their capital contribution.
The minimum share capital is €3,000.
The corporate tax rate (known in Spain as “cuota tributaria”, the tax rate) is 25%.
The Spanish Tax Agency (Agencia Estatal de Administración Tributaria, AEAT) uses the term "subjeto pasivo" (taxable person) to define who must pay or declare taxes.
For companies or taxpayers whose tax benefits or positive tax base does not exceed €1 million, a reduced rate of 21% applies to the first €50,000 of taxable profit and 22% to the remainder.
Newly established companies are subject to a reduced tax liability of 15% in the first tax period.
A tax rate of 20% applies to fiscally protected cooperatives.
A reduced tax rate of 10% applies to non-profit organizations.
For companies in the Canary Islands Special Zone (Zona Especial Canaria, ZEC) a tax rate of only 4% applies.
Investment and equalization funds pay 1%.
Pension funds pay 0%.
Company formation Dubai
(United Arab Emirates)
Double taxation agreements
The United Arab Emirates has a double taxation treaty with over 130 countries (list of countries with DTAs).
Company Formation in Dubai
There are different ways to set up a business in Dubai and get a visa.
Mainland Company
A Mainland Company is a company registered in the DED (Department of Economic Development) of the United Arab Emirates. Depending on your business activity, you will be issued a suitable license and you will be entitled to operate both in the UAE and internationally. You can also choose a limitation of liability. The licenses must be renewed annually.
Freezone Company
Various areas within the United Arab Emirates have been designated as so-called free trade zones. In the free trade zone, the bureaucratic processes are simplified, there are no restrictions on action, there are no customs duties and no taxes. Thus, the free trade zone is a separate branch area for Freezone companies/companies.
Visa Options
More and more people are also discovering the Emirates as an attractive place to live and the centre of their lives. In order to be allowed to stay permanently in the Emirates, a visa is required. There are numerous visa options for entrepreneurs, investors, freelancers but also for family members. Depending on the type of visa, the duration of validity varies from a few weeks to 10 years.
Advantages at a glance
-
No taxation of profits
-
No VAT on business outside the Emirates
-
No dividend taxation
-
No capital tax
-
No public commercial register
-
No required share capital
-
No high administrative burden
-
Company Formation Dubai: Taxes
Tax Types / Details
Income tax
No personal income tax
in the UAE. Profits or dividends that you receive as an entrepreneur are
not taxed.
Corporation tax
Since June 2023, a
Corporate tax of 9%
on taxable income in excess of AED 375,000 (approximately USD 100,000) per year. Income below this includes
tax-free.
Businesses in Free Zones
can benefit from tax exemptions if they do not do business with the mainland.
Value Added Tax (VAT)
Since 2018, a VAT of 5% has been levied on most goods and services. Companies with an annual turnover of over AED 375,000 must register for VAT.
Certain sectors such as education, healthcare, and some financial services are exempt from VAT or zero-taxed.
Capital gains tax
No capital gains tax or wealth tax.
This makes Dubai particularly attractive for investors.
Double taxation agreements
The UAE has double taxation treaties with many countries, although there is currently no DTA in force between the UAE and Germany.