Support of foreign companies and structures
The entry of business into foreign markets opens up new opportunities for expansion and increase in profits, but at the same time poses a number of serious challenges for entrepreneurs. Support of foreign companies and structures is a range of professional services that include business registration abroad, tax optimization, legal and accounting support, as well as assistance in opening bank accounts. The key goal of such services is to provide entrepreneurs with a confident start and stable development of business abroad, eliminating legal, tax and administrative risks.
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More about our services
- Legal support of business abroad
- Tax and accounting support for foreign companies
- Opening bank accounts abroad
- Jurisdictions for registering and doing business
- Redomiciliation of companies and international structuring
Legal support of business abroad
Registering and doing business abroad requires compliance with local laws, corporate regulations, and tax obligations. Mistakes can lead to account blocks, fines, and restrictions on business activities.
Registering a company begins with the choice of jurisdiction and legal form. Requirements for the share capital, composition of the founders and financial statements differ from jurisdiction to jurisdiction. For example, in the United States, non-residents can open an LLC without income tax if there is no activity in the country, and in China, a WFOE requires a significant investment in the authorized capital.
After registration, the company is obliged to comply with corporate norms: maintain a register, record the decisions of shareholders and directors, and update registration data. In a number of countries, such as Turkey, changes to the constituent documents require notarization and publication.
Contractual support takes into account the differences in legal systems. Continental law (EU, China) regulates transactions with stricter rules, while the English system (USA, Great Britain) gives more freedom to the parties. In the EU, there are CISG standards, in Arab countries, transactions must comply with Sharia.
Compliance control also includes compliance with AML/KYC and data protection (GDPR) requirements. US and EU banks require transparency of the origin of funds, and violation of GDPR norms threatens with multimillion-dollar fines.
Comprehensive legal support for foreign business allows you to minimize risks and ensure the stable operation of the company in the selected jurisdiction.
Tax and accounting support for foreign companies
In countries with a classical tax system (USA, EU), companies pay income tax, VAT and taxes on dividends. In preferential jurisdictions (UAE, BVI), there is no corporate tax, but there are requirements for economic substance. International business takes into account double taxation treaties (DTT) and CFC (controlled foreign companies) rules.
Accounting is regulated by national standards. In the EU and the UK, IFRS is applied, in the USA – GAAP. Companies are required to keep financial records, submit tax returns and annual reports. In some countries, such as Singapore, small businesses are exempt from mandatory audits.
Transfer pricing (TPR) controls transactions between related parties. Jurisdictions with high tax transparency (France, Germany) require documentary evidence of the market price level, otherwise additional taxes may be charged.
Banks check the origin of funds, the ownership structure of the business and the tax status of the company. In highly regulated areas (Switzerland, USA), non-compliance may result in account closure.
Tax and accounting support for a foreign company allows you to avoid risks, optimize the tax burden and ensure full compliance with international standards.
Opening bank accounts abroad
Due to increased financial monitoring and AML/KYC requirements, the process has become more complicated, and banks have increased requirements for non-residents.
The choice of bank depends on the jurisdiction of the company, its activities and the structure of owners. In Europe (Switzerland, Austria, Luxembourg), banks prefer to work with transparent business models and require proof of sources of income. In the UAE and Hong Kong, the process of opening an account takes up to several months, and in the United States, non-residents can open an account with FinTech banks with minimal requirements.
The set of documents includes constituent papers, data on beneficiaries and proof of business activity. Banks check the company's financial history, jurisdiction, and compliance with FATCA and CRS standards.
One of the stages is the passage of the compliance procedure. Banks analyze transaction activity, the geography of payments and real owners. Jurisdictions with a high level of regulatory control (USA, UK) may request additional documentation at the stage of the company's operation.
Accompaniment in opening an account helps to reduce the risk of rejection and ensure the smooth conduct of international transactions.
Jurisdictions for registering and doing business
The choice of jurisdiction determines the tax burden, reporting requirements and access to international markets. Below are the key characteristics of popular countries for business registration.
|
Jurisdiction |
Taxation |
Regulation and Reporting |
Features |
|
Uzbekistan |
Income tax – 15%, VAT – 12% |
Mandatory financial reporting |
Benefits for investors, promising market of Central Asia |
|
Kyrgyzstan |
Simplified system – 6%, general regime – 10% |
Simplified reporting requirements |
Access to the EAEU market, low taxes |
|
Seychelles |
0% for international companies |
Minimum reporting requirements |
Classic offshore, no currency control |
|
Turkey |
Income tax – 20%, VAT – 18% |
Mandatory reporting, audit for large companies |
Possibility of obtaining a residence permit for business owners |
|
Cyprus |
Income tax – 12.5% |
Reporting according to EU standards, audit is mandatory |
Popular jurisdiction for international business |
|
Armenia |
0–18% depending on mode |
Flexible reporting requirements |
Easy registration, tax benefits |
|
China |
Income tax – 25%, VAT – 13% |
Strict control of reporting, currency restrictions |
World's largest market, complex regulatory requirements |
|
United States |
LLC without income tax (if there is no activity in the United States) |
State-dependent, no federal regulation |
Access to investments, high level of trust in the jurisdiction |
|
BVI |
0% Corporate Tax |
Minimum reporting requirements |
Complete confidentiality, no currency controls |
|
Kazakhstan |
Income tax – 20%, VAT – 12% |
Accounting Requirements, Auditing for Large Companies |
Investment attractiveness, participation in the EAEU |
|
UAE |
0% in free zones, 9% – general corporate tax |
Reporting is mandatory in a number of areas |
No income tax, economic substance requirement |
Redomiciliation of companies and international structuring
Companies review their corporate structure when tax conditions change, currency controls become more complex or there are restrictions on international settlements. In such cases, redomiciliation allows you to save the business, and changing the structure allows you to adapt to new requirements.
We support the transfer of companies to jurisdictions with predictable legal regulation, help adapt corporate documents, and comply with mandatory regulatory notifications. If redomiciliation is impossible, we consider alternative solutions: the creation of a holding, the transfer of assets through merger or liquidation with the registration of a new legal entity.
Successful cases
Examples of legal solutions tailored to the specifics of the request, industry and jurisdiction.
Registering a company in the UAE and opening an account in strict compliance
Situation
A Russian entrepreneur, the owner of an IT company, chose the UAE as a jurisdiction with zero income tax, but there were problems when opening a corporate account, banks requested proof of real presence (substance) and confirmation of the source of income.
Our solution
We helped the client to register a company in the Free Zone with the best conditions for IT business. Next, we organized substance — we rented a real office, hired a part-time employee and prepared a set of documents for the bank. The client passed bank compliance without any problems and opened an account with one of the largest banks in the UAE.
Result
The company operates successfully, conducts settlements with international clients, and the owner has received tax advantages of the UAE.
Implementation of a structure for international trade with a minimum tax burden
Situation
The Russian exporter of agricultural products was looking for an option to optimize the tax burden when working with foreign partners.
Our solution
We proposed a two-tier structure: a trading company in Turkey (as a convenient hub for international settlements) and a holding in the UAE (for accumulating profits without taxation). We agreed on tax aspects, issued licenses and bank accounts.
Result
Reduction of the tax burden by 35%, simplified settlements with partners from Europe and Asia, no currency control.
Solving the problem of blocking bank accounts in the EU
Situation
An IT company registered in Estonia faced the blocking of a corporate account in a local bank due to increased requirements for financial transparency.
Our solution
We conducted an audit of the corporate structure, helped the company to bring the documentation in line with banking requirements and opened an alternative account in Switzerland, where the requirements for IT companies were less stringent.
Result
The company restored financial operations and diversified risks through multibanking.
Solving licensing problems in the field of cryptocurrencies and financial technologies
Situation
A fintech startup from Eastern Europe planned to work with cryptocurrencies, but due to the lack of clear regulation in its country, it could not obtain a license.
Our solution
We offered to register a company in the UAE, where there is an official licensing system for cryptocurrency transactions. We organized the obtaining of a license, ensured compliance with KYC/AML requirements, and prepared documents for connecting to international payment systems.
Result
The company received a license, which allowed it to work seamlessly with clients around the world, conclude agreements with banks and cryptocurrency exchanges, and scale its business in a stable jurisdiction.
Why Choose Us?
20+
Jurisdictions
800+
Satisfied Clients
Long-term Results
Our expert legal strategies streamline business processes and ensure desirable outcomes, even in complex litigation cases
Unique Legal Solutions for Every Jurisdiction
Our deep international expertise allows us to offer customized solutions beyond standard legal service packages
Industry Expertise & Recognition
Our specialists publish in leading legal journals, shaping industry trends and reinforcing their authority in the legal field
Collaboration with Market Leaders
We work with major corporations and key market players
46 years
Of Combined Experience
FAQ
Is it possible to open a company in another country without a personal presence?
How long does it take to register a company abroad?
Do I need to pay taxes in the country of registration if the business is conducted in another country?
Is it possible to change the jurisdiction of the company if the conditions have changed?
In which countries is it easiest to register a company?
Which country to choose for international business with minimal taxes?
What should I do if the bank has requested proof of economic activity (substance)?
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