If you're looking to expand your operations from the USA, Asia, India or elsewhere into the European Union, it may be daunting for you. You may not know where to start. Not only that, but each EU Member-state has their own individual requirements for company formation, not to mention specific incentives for certain sectors. So finding the right country for your services can be a real challenge!
But before we get further into this, lets look at the fundamentals.
Why Should I Open a Business in the EU?
Given the European Union's combined economy is 1/6th of that of the entire world as a whole, missing out on this is missing out on a vast consumer base. Not to mention, having a company within the EU is considered a badge of honour for most businesses, given the strict Regulatory regimes in place here, with the focus being on consumer protections.
As such, having an EU representation can directly relate to customer security - they often feel more at ease dealing with you, especially if your client-base is from within the EU itself.
Having any business dealings within the EU from a non-European entity can also be a nightmare. The amount of red tape and bureaucracy when providing services into the EU from external nations is well known internationally, and this is one of the reasons we started in this line of business.
The FE's main client base originated from US organisations looking to expand into the EU, but unsure where to start. Since starting in 2018, we have now expanded to provide these formation services to organisations from all around the world, with very envious growth results from all of our providers!
Each of the companies we have helped to open within the EU have also taken advantage of extremely favorable taxation rates, rebates and incentives for their industry. As mentioned above, these can vary per Member-State, so finding the right country for you is imperative to maximise your revenue.
As an example, most of our IT and Tech-focused partner companies have benefited from low rates of corporate tax in the Czech Republic, whereas most of the gaming companies we have helped to grow have opted to establish in Malta, which has incredibly beneficial rates and incentives for this industry.
Or maybe you're just looking to set up a low-cost company to buy property within the EU? It may sound strange, but for non-EU nationals, this may be one of the easiest methods to purchase property within the EU!
The EU is also home to almost 448 million people as at the time of writing, with around 30 million active enterprises across the 27 Member States - that is a mind-boggling number! Not to mention, services provided in the EU tend to be of higher value against competitor regions such as Asia, Africa etc because of the added value factors of the Regulatory structures in place here. Given all of this, can you really afford not to be part of one of the worlds biggest markets?
So How Can I Open a Company in The EU?
It's easy - all you need to do is get in touch with us. Tell us a bit about your business, what you want, and we do the rest!
Depending on what service you need from us, we can look to identify the best country for you to set up in alongside the formation requirements, or do the full works, including forming the company for you, hiring of staff and compulsory training, obtaining of Government grants and incentives, and providing ongoing services such as payroll, HR, legal and taxation. We can also provide any of these individual services as a stand-alone.
Everything we do is tailor-made to ensure the best service and return for you. If this sounds interesting, get in touch with us today!
We can't wait to hear from you.
Opmerkingen