Maksym Stepanenko
Managing Partner, Crystal Tax
International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.
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Company registration: How do I open a company abroad?
Many small and large businesses in Ukraine sooner or later reach a development point where the need to open a company abroad arises. Our service page explains how international company formation works with Crystal Tax and how to choose the country.
The decision to open an offshore, international business may be prompted by a variety of reasons:
- You are a freelancer and most of your clients are overseas;
- you are fed up of constantly dealing with tax, Pension Fund and currency control representatives;
- you want to minimise your tax burden;
- you want to expand your current business boundaries or go straight into the global arena.
Registering a company abroad is a great opportunity to enter new markets. You can either buy a ready-made company or start a business from scratch.
The advantages of starting a foreign company
- Tax savings;
- Access to business development grants;
- Simplified financial reporting procedures;
- Ability to open an account with a prestigious international bank;
- Confidentiality of beneficiary information.
How to register a non-resident company
Registering an overseas company is not a complicated procedure, which is best left to experienced lawyers. Specialists working in the areas of corporate, international and tax law will help:
- choose a suitable jurisdiction;
- choose a unique name for the company;
- choose the form of ownership (the most popular is LLC);
- prepare the constituent documents;
- open an account in a foreign bank.
In addition, our employees provide detailed advice on legislation, taxation in the chosen country, nominee services and represent clients before supervisory authorities.
Servicing an overseas company
In addition to starting a firm, our lawyers provide services related to the maintenance of an existing firm:
- prepare accounting and financial reports;
- submit them annually to the relevant authorities;
- help to recover overpayments from the budget.
The cost of legal services can be fixed or calculated by the hour. The exact price is calculated on an individual basis.
Registering a company abroad, of course, requires considerable time and financial expenditure, study of the legislation of another country, and additional responsibility. Does this not stop you? You can discuss the procedure and nuances of further cooperation with our lawyer. Please leave your contact details in the feedback form.
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Our advantages
Corporate structuring, company registration in Ukraine and abroad, tax and reporting, migration, bank accounts, DUNS and NCAGE codes. We run the whole project, from choosing the solution to the finished documents.
Confidentiality terms are set out in our contract. We do not pass information about a client or their project to third parties, except where the law expressly requires it.
We compare jurisdictions against your business task: tax regime, reporting, substance requirements and access to banking. On the call we go through the upsides and the limits of each option.
We name the timeline for every step before the work starts — it depends on the jurisdiction, the registrar and the bank. Personal data is used only to deliver the service.
We handle the correspondence with registrars, government bodies and banks and answer their requests ourselves. From you we need documents and signatures.
We take each case to the finish: if an authority or registrar comes back with remarks, we revise the documents at no extra charge. The fee is calculated for your task before work starts.