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Where should we incorporate?

There are various factors influencing the choice of where someone should incorporate their company.

VAT in Europe
Sale of products in Europe
Distance selling in Europe

The most important factors are:

  • Is the company to look after assets or to do business?
  • Where is the business taking place ?
  • Do I need a VAT number to do business in Europe?
  • Is the company visitble? Does it have premises?

What are the reasons for incorporating a new company?

The most important reasons for incorporating a new company are:

  • So that a physical person does not directly own property in his own name, in his country of fiscal residence
  • To distance a person from his own estate for family reasons such as the possible separation of his spouse, or to plan in the event of the death of a person.
  • To do buisiness and to avoid double payment of indirect taxes such as VAT
  • To avoid double payment of taxes; for example if a company is due to pay Corporation Tax while the individual is due to pay Income Tax.