Consultation: Clarification of the main features of foreign companies
You can conveniently request our "MORE PLAN" for a possible relocation of the center of your life abroad by contacting us! The attentive and well-prepared online marketer, consultant and founder will be provided with a comprehensive checklist.
These serve as a tool for clarifying complex questions in the context of international tax law. Furthermore, questions for clarification are presented that are right in the middle of life.
We point out important aspects to the prudent and well-advised online marketer, consultant or founder who is concerned with his intention to permanently relocate the center of his life abroad.
In today's issue, we explain the main features of foreign companies in "low-tax countries".
The demand for the establishment of foreign companies has risen considerably in recent years. However, anyone who can still remember the G20 summit on 1 April 2009 - the express aim was to "set the reform process in motion in order to master globalization as a driving force in the medium term."
However, another agreement at the London summit was that there must be more government regulations for companies and the chase has been on ever since.
Advice in practice: However, a foreign company can also be a sensible strategy for risk diversification in the event of instability in the financial system or even currency reform.
Which countries of domicile of a foreign company are involved - clarification from the consultation:
Our authorized legal service providers deal with "low tax countries" in the EU and outside the EU.
These are countries with an average corporate tax rate of less than 25%. Foreign companies in non-low-tax countries are unproblematic from the perspective of the tax authorities.
It's about low-tax states in the European Union: Malta and Ireland
We draw attention to possible tax disadvantages in the country of residence if the foreign company has not been designed correctly, despite the existing EU freedom of establishment. We refrain from establishing a foreign company in Cyprus. The reputation is critical and we consider Cyprus to be systemically unsafe.
With a view to the moderate expense of using our business addresses on 5 continents, we address serious entrepreneurs on their way to global entrepreneurship. We create clarity through positioning.
If a foreign company is founded, we will inform every entrepreneur of the need to build up "substance" as part of the structuring consultation without being asked.
Bernd Ferber, CEO of Tempulse Consultancy Global, makes it clear that many competitors completely neglect the issue of "building up substance" in the context of international tax law.
In the next series, we will look at the "Reporting obligations of a foreign company."
How to set up a successful international company and do everything right from a multicultural perspective?
? How my team and I support your journey as a global entrepreneur?
➕ Location consulting
- Recording and analysis of the current situation
- Positioning your company
- Optimization of the company website
➕ NEW-WORK workshops and training courses
☑ Would you like to work with me and my team on your strategy for successful internationalization or use us for your company? Contact me
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