Google Answers Logo
View Question
 
Q: establishing EU firm ( No Answer,   8 Comments )
Question  
Subject: establishing EU firm
Category: Business and Money
Asked by: nikenn-ga
List Price: $20.00
Posted: 18 Apr 2004 03:28 PDT
Expires: 18 May 2004 03:28 PDT
Question ID: 332050
Hello
I am not eu citizen but I would like to register eu firm.In which eu
countries it's the easiest and the cheapest to register
firm.(something like Self-Employed, Limited Liability Company or
whatever is simpler)
Regards
Nik
Answer  
There is no answer at this time.

Comments  
Subject: Re: establishing EU firm
From: probonopublico-ga on 18 Apr 2004 04:43 PDT
 
England & Wales!

Registration of a Limited Company is easy and advisable but you will
need a Director and a Secretary (who can't be the same person) and a
Registered Office.

Also Income Tax is very favourable and a Limited Company can make
£10,000 profit before having to pay Income Tax.

That said, Distributions by way of Dividend are subject to 10% Tax.

This has to be the best bet and, moreover, everything's in ENGLISH
which you obviously know.

Go for it!
Subject: Re: establishing EU firm
From: politicalguru-ga on 18 Apr 2004 12:16 PDT
 
Let me differ. Businesses registered outside England and Wales - in
Jersey, Isle of Man, etc. - enjoy better tax arrangements.
Subject: Re: establishing EU firm
From: probonopublico-ga on 18 Apr 2004 12:56 PDT
 
Aha, Politicalguru

But have you considered the COST of setting up and running a company
in any of the places you have suggested?

The EASIEST and CHEAPEST were the two criteria required.

And England & Wales are definitely THE TOPS!

(Scotland is OK, too, except that they can't play football or cricket.)
Subject: Re: establishing EU firm
From: probonopublico-ga on 18 Apr 2004 13:03 PDT
 
Here's yet another (possible) reason for going for England & Wales:

In some places (e.g. France) it appears that having a domain name
ain't that easy for non-residents.

See # 332173.

And, IN ANY EVENT, the Channel Islands are not in the EU!

(I'm not sure about the Isle of Man.)
Subject: Re: establishing EU firm
From: probonopublico-ga on 18 Apr 2004 13:05 PDT
 
British islands not forming part of the UK but partly affected by EU
law: the Channel Islands and The Isle of Man.

Although these islands are within the EU's customs territory, EU
competition rules do not apply to them, except so far as is necessary
to permit the United Kingdom, of which they are dependencies, to
observe its obligations under the 1972 Treaty of Accession (see art
227.5(c), EEC). Manxmen and Channel Islanders do not benefit from the
EU rules on the free movement of persons and services within the
Union, but EU natural and legal persons enjoy 'equal treatment' under
EU law. LA can be applied for by EU nationals. The Brussels Convention
(see chapter 5 section I of this guide) does not apply.

See article 227.5(c), EEC; 3rd protocol to the (UK) Treaty of
Accession, 22 January 1972, articles 2 and 4; and the UK Jurisdiction
& Judgments Act, 1982.

There is internal self-government, with legislatures, courts and legal
professions in these territories, quite distinct from those of the UK.
Subject: Re: establishing EU firm
From: politicalguru-ga on 18 Apr 2004 13:43 PDT
 
PB - thanks for the information.
Subject: Re: establishing EU firm
From: nikenn-ga on 18 Apr 2004 18:58 PDT
 
Thank you for your comments.Well...as people in Scotland can't play
football or cricket, I will consider England.But what is about other
EU countries.
Regards
nik
Subject: Re: establishing EU firm
From: probonopublico-ga on 18 Apr 2004 22:09 PDT
 
Hi, Nik

Sorry, I am not up-to-speed on the situations in other EU countries
but I would guess that Germany is not amazing or else Politicalguru
would have given it a plug.

In my opinion, England & Wales will take A LOT of beating and, if
language is a factor that should be considered, then maybe Ireland
could also be explored.

PB

Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Google does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. Please read carefully the Google Answers Terms of Service.

If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you.
Search Google Answers for
Google Answers  


Google Home - Answers FAQ - Terms of Service - Privacy Policy