Registration of companies in Europe

Registering as a European company automatically gives you access to one of the world's largest business centres with a strong infrastructure, strong legal protection and a skilled workforce.

The EU remains the second largest economy in the world, with a nominal GDP of $15.6 trillion and the largest trading bloc. Not only for this reason alone, Europe remains one of the most attractive options for international investment and business creation.

Although COVID-19 poses a significant threat to business development, the EU is expected to recover almost completely from the blow in the near future. The pandemic has opened up opportunities for many business segments, including IT, construction, transport.

If you are looking to expand your business, take your company to the next level and establish a presence in Europe, contact Crystal Tax. Our experts can help you open a company in Europe in the shortest possible time and at affordable prices.

Where best to open an offshore in Europe: an overview of the leading jurisdictions

Opening a business in Europe opens up access to the single market without restrictions on imports and exports, skilled labour at a fair price, low trade costs and a single currency. Although all EU countries differ in their economic incentives and tax rates for local and foreign businesses, here are the best EU countries in each category according to the World Bank.

Where is the best place to open a business in Europe?

Here are three European leaders:

1. Ease of doing business - Denmark, Sweden, Lithuania.
2. Starting a business - Greece, Estonia, Ireland.
3. Paying taxes - Ireland, Denmark, Finland.

Ukrainian citizens planning to do business abroad first of all consider the geographical location of the jurisdiction, political regime, economic situation, accessibility and peculiarities of taxation.

Crystal Tax specialists advise registering a company in Europe for the following reasons:

• Respectability, impeccable business reputation and ample opportunities within the European Union.

   

• Opportunity to cooperate with partners and customers through leading European banks on favourable terms.

   

• Choice of currencies for transactions, settlements.

   

• Legislative stability.

   

• Accessible procedure for registering a legal entity.

   

• Prospect of obtaining a residence permit in Europe.

Our specialists will not only help you register a company in Europe, but will also provide a full range of services for the organisation and support of its activities, in particular:

• virtual office;
• secretarial services;
• nominee services;
• legal advice;
• audits;
• accounting services, etc.

Registering a company in Europe: a general algorithm

Legislation in European countries, including the EU area, may differ slightly. In particular, it concerns the requirements for registering a new business entity.

In general, the procedure is as follows:

Determination of the type of economic activity and choice of European jurisdiction.

1. Choosing a unique business organization name.
2. Determination of the optimal organizational and legal form.
3. Acquisition of a legal address.
4. Establishment of the composition of the founders, appointment of the director.
5. Drawing up constituent documents.
6. Determination of the size of the authorized capital and its formation.
7. Direct registration of a new business entity in accordance with local legislation.
8. Opening a commercial bank account.
9. Print making.

Registering a company in Europe: Types of jurisdictions

You can choose absolutely any country to register a business in Europe:

• Poland;
• Latvia;
• Slovakia;
• Montenegro;
• Romania;
• Lithuania;
• Austria;
• Cyprus;
• Estonia;
• Netherlands;
• Bulgaria;
• Malta;
• Switzerland;
• Denmark, etc.

Registration of companies in Europe - Ireland, Denmark, Sweden, Czech Republic, Lithuania

The countries listed above have recently become popular with business people, including non-residents of the European Union.

Sweden

According to Forbes' list of the most suitable countries for doing business, Sweden confidently tops the list of EU jurisdictions. Its large and competitive market economy with a sensible mix of a sophisticated social security system makes it a strong, prosperous and intriguing investment opportunity. The biggest boost to the economy comes from investment in the construction business. In fact, Sweden remains one of the most significant recipients of foreign investment.

Denmark

Denmark ranks first in ease of doing business. Denmark is one of the world's largest centres of biotechnology as well as food innovation. In addition, education, media, public transport and many other sectors remain attractive investment options.

Czech Republic

The Czech Republic is a rising star for start-ups, well-established businesses and branches of existing companies.

It is a jurisdiction with one of the lowest tax rates in the union - for business owners, the flat tax rate can be reduced to 60% using a lump sum payment, with the effective tax ultimately being around 6-9%.

The cost of renting a real or virtual office is also one of the lowest in the world. The Czech Republic has the lowest unemployment rate in Europe (1.91%).

Ireland

This jurisdiction has incredible tax incentives for entrepreneurs with one of the lowest corporate tax rates on business income in the EU at just 12.5%. Combined, the corporate tax relief is 37.5% and provides an excellent incentive for start-ups.

Start-ups can benefit from the wide range of funding available. The Irish Government Economic Development Agency invests in up to 200 new export-oriented businesses each year. This is yet another reason to register a firm in Europe, right there.

Lithuania

Lithuania is a business-oriented country that is constantly finding new ways to motivate foreign investors seeking to become more competitive in the Western market. The Lithuanian government has approved exemption from corporate taxation for companies with local and foreign capital, given that they invest at least EUR 30 million and create 200 jobs.

How to start a company in Europe with the help of Crystal Tax specialists?

The first step towards developing your business in Europe is to contact our company. Our highly qualified specialists provide a full range of services on a turnkey basis. The client's involvement in the process is minimal.

We also offer our clients

1. Business licensing services.
2. Subsidiary legal services.
3. Banking transaction support.

Registering a business in Europe - our advantages

By contacting Crystal Tax law firm, every client is guaranteed to be able to rely on

• high professionalism of specialists;
• solution of tasks and problems of any complexity;
• turnkey work;
• individual approach;
• absolute confidentiality.

Regardless of your business activity, our specialists will help you enter the European market first and then the international market.

Opening a company in Europe means unlimited prospects, independence and freedom. Business entities are not subject to regulatory pressure. You can choose any currency for operations.

Crystal Tax will provide you with full complex of consulting and legal services, and will organize support of your business at the highest level, both at start-up and further on. We will find a unique solution for everyone.