Starting a startup - where to register company?

Discussion in 'Legal Issues' started by MrBeLu, Sep 6, 2012.

  1. #1
    So I'm about to launch a startup.
    Before I approach any investors I want to make sure I get an idea on how this works legally.

    I am from European union, my investors will probably be from USA or UK.
    The amount that they will invest is going to be small, so I wont meet them IRL.

    Where do I register this company in a jurisdiction where I can: a) pay minimum in taxes, b) pay minimum in registering the company, c) make it easy to register USA and EU citizen as the share holders.

    Any ideas?
     
    MrBeLu, Sep 6, 2012 IP
  2. sivric.marijan

    sivric.marijan Active Member

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    #2
    I'm wondering where to find some startup capital! :)
     
    sivric.marijan, Sep 6, 2012 IP
  3. shalwan

    shalwan Banned

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    #3
    you can start from scratch by visiting www.valisinternational.com they are reliable and nice people

    registered agent fees per year will be $100
    llc tax per year will be $250

    good luck with your business
     
    shalwan, Sep 7, 2012 IP
  4. soccerfriend

    soccerfriend Well-Known Member

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    #4
    register a company in Delaware, US many advantages .. will be an offshore for you :)
     
    soccerfriend, Sep 22, 2012 IP
  5. RTHosting

    RTHosting Greenhorn

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    #5
    I agree with soccerfriend, US has many advantags. There will be low tax rates depending on the state and so on.

    Kind Regards,
    RTH.
     
    RTHosting, Sep 25, 2012 IP
  6. marketingmanuk

    marketingmanuk Greenhorn

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    #6
    My view is different I'm afraid. I would very simply set up a company in the country where you live. The practicalities of being able to sit down face-to-face with your bank manager (as this is where your company is), as well as ease of setting it up make it the sensible choice.

    Registering a company off-shore to "save" tax is all very well when you're making millions, but certainly not worth it when you're starting out. And for all these people who claim off-shore companies are easy to set-up and run, if done badly they end up costing you more in the long run.

    As an aside, without wishing to burst your bubble, US investors will rarely invest in a company outside the US. That may be in your mind a reason for having the company there, but unless you're prepared to move your life and offices over there (rather than just a letter box address), it really won't help!

    Good luck :)
     
    marketingmanuk, Sep 26, 2012 IP