Welcome to international taxes!
We pride ourselves as an organization that provides a full-service package to companies from the process of incorporation and throughout the business. Our tax consultants create VAT returns, annual accounts and are always available for other issues and provide assistance in managing your business. In addition, we advise in all legal matters, both in the client’s country of residence and in accordance with local laws at the company headquarters.
Company formation abroad!
The pure formation of a company abroad, without local management and / or permanent establishment, regularly leads to problems with taxation laws. We help eliminate such issues from the get-go by providing detailed consultancy, incorporation services and assisting our clients throughout the whole process with utmost priority to the client’s needs.
Legal security
With our legal expertise, not only we do company incorporation for our client but we also carry out a number of legal services for you and your company. We understand that it may be complicated for our clients who do not have the legal knowledge to finalize the entire process. This is why we set out to make it easier for our clients, simply give us your instructions and we will do it for you.
Why us?
- - Advice from tax consultants in the country of domicile
- - Focusing on the client's needs with utmost priority
- - Transparent fees (no hidden costs)
- - Making the company incorporation procedure easy to follow
The biggest mistakes when starting a company abroad
Not all topics related to founding a company abroad are always free of prejudices and false information that have prevailed over the years. We give you an overview of the most important questions about founding a company abroad.
Founding a company abroad as a citizen of another country is legal?
Founding a company abroad as a citizen of another country is legal?
Yes, in most countries foreigners can be sole shareholder of a local entity.
Do you have to live in the country where you start a company?
Do you have to live in the country where you start a company?
No you can set up a company anywhere in the world, as long as the country in question allows you, as a foreigner, to acquire shares in local companies. If this is not the case, trustees can be used. Freedom of establishment applies within the European Union. However, it is important that the management takes place locally, in the country in which the company is registered. In addition, a permanent establishment must be set up. Without this, a German tax office will not recognize the company and, in the worst case, would demand back payment of corporate and trade taxes plus late payment penalties. We rent you a real office and set up a permanent establishment that meets all requirements without a doubt. In addition, we have real managing directors who run companies in the home country and are resident there.
Problematic law firms: closure is made more difficult
Problematic law firms: closure is made more difficult
Some law firms tie clients with gag contracts and apply pressure when the client wants to close their business. If you are a client of a law firm that has set up a legally unsound company for you, you make yourself vulnerable to blackmail. Because in the event of a tax problem, law firms without a license are not bound by a duty of confidentiality.
Changing offices is made more difficult
Changing offices is made more difficult
We receive many inquiries from customers who already own a foreign company and are looking for a new law firm. Switching to us is then often made more difficult. So horrendous final bills are made, which have to be paid before a change is possible. Therefore we have developed a trust principle. If you are not satisfied with us and want to switch, you can do so at any time. You will receive the necessary documents (resignation letter) from us in a standardized form after the foundation. This protects you from unexpected costs and you are free to go to another law firm at any time. So far we have not lost a client to another law firm.
Privacy Policy/Office Location
Privacy Policy/Office Location
Your accounting documents are safe with us. In addition, all electronic data is only stored in encrypted form and apart from us, who are bound by professional secrecy, no one has access. All accounting documents are also only stored locally. Neither authorities nor hackers can access this data.
No taxes?
No taxes?
There are certainly locations in the world that do not charge any taxes to companies and private individuals or only charge a very low flat-rate tax. However, this can rarely be used without a corresponding change of residence. If you are resident in Germany, the relevant double taxation agreement is decisive. Providers who promise otherwise will tempt you into tax evasion, which is usually severely punished if discovered. We advise you not to set up companies in countries that have already been blacklisted by the OECD. The foundation is usually very cheap, but the tax consequences in Germany can be devastating. Since the introduction of the automatic exchange of information between almost all major countries, an anonymous account or company no longer exists.
We comply with the following code:
- - Legally secure foundations
- - No unexpected(hidden) costs
- - No false promises
- - Finding the right solution by focusing on your requirements
With this strategy, we have been on the market since 2013 and have not disappointed any customer so far. And we prioritize it in keeping that way. We strive to ensure that every client is satisfied and does not take risks with the solutions we provide for them, but only exploits legal opportunities. Starting a company that involves doing real business is more costly than a letterbox company, but it is the only way to save on taxes without risking legal action.
Tax burden: GmbH and Cyprus Limited in comparison
Learn from these sample figures how high the difference in the taxation of a German GmbH and a Cyprus company is. As for a Limited in Cyprus, the profits generated from licenses is another tax type, they find 3 variants.
GmbH | Limited | Limited (licensing business) | |
---|---|---|---|
Profit | 80.000 EUR | 80.000 EUR | 80.000 EUR |
Corporate Tax | 12.660 EUR (15,825% including solidarity surcharge) | 10.000 EUR (12,5%) | 2.000 EUR (2.5%) |
Business tax | 12.180 EUR (Lifting rate national average 2010 435%) | N/A | N/A |
Profit after taxes | 55.160,- EUR | 70.000,- EUR | 78.000,- EUR |
Tax burden | 24.840,- EUR | 10.000,- EUR | 2.000,- EUR |
Contact us now!
To avoid mistakes as you set up your new company, it is essential to seek advice. We would be happy to provide you with the best advice on how to set up your company abroad. We are offering you a short, intial, free and non-binding consultation via email. It will go a long to way to help you setup your company the right way.
Tatjana Lintner
Key account manager at W-V Law Firm LLP
Tatjana Lintner
Key account manager bei W-V Law Firm LLP
Company formation - That's how it works
Are you considering setting up a business abroad?
Please scroll through the information available on our pages in detail. You will thus be informed in advance regarding important facts about the individual countries. Also, interesting are the advantages which the individual countries have to offer for companies.
We are happy to advise you in detail. Please use our contact form.
Request a free consultation now!
We can give you advise on choosing right jurisdiction for your business. Contact us today.
Send us your request