Company Formation outside India
In order to start a business outside India it requires in depth knowledge and more expertise when compared to an Indian Owner starting a business in Indian cities like Delhi and others. Doing business abroad and growing internationally is an essential part of a company’s business expansion policy. It is governed by a company’s aim to diversify its commercial activities across national frontiers and increase its competitiveness.
Growing your business and going abroad is the most important part of your Business Expansion Policy. Globalization is the aim of every business organization but this requires certain rules and regulations to be taken care of. Indian companies can directly invest outside India by way of subscription to the Memorandum of Association of a foreign entity or contribution to the capital, signifying a long term interest in the overseas entity. Foreign Exchange Management Act (FEMA) governs the investments outside India.
The pace of development in Mauritius is really appreciable. It has witnessed massive development in last decades. From just a small economy which depended on sugar, it has diversified its economic activities into textile and apparel industry, tourism and financial services.
Highly skilled labor force is one of the big added advantages of registering a company in Mauritius. Also the kind of infrastructure available there, attracts a whole lot of individuals to begin their operations in Mauritius thereby attracting Foreign Direct Investment. High value-added, capital intensive and knowledge-based activities are being implemented by the government of Mauritius and hence to face globalization and a new economic environment the government is really focused and has taken several steps. Today, Company formation in Singapore is also being chosen by many firms.
The Information Technology sector is undergoing rapid changes so as to be fit for the next millennium. The aim is to make Mauritius a centre for high-tech and software services, which can be exported. This will help in order to incorporate company in Mauritius. The firms which are profitable are required either to spend 2% of their profits on government-approved Corporate Social Responsibility schemes, or to transfer these funds directly to the government to be used in the fight against poverty.
Advantages of Registering a Company in Mauritius
- Infrastructural Advantages with excellent communications
- Highly literate and friendly labor force
- Better market access and great incentives
- Good network of sea and air transport
- Democracy and a stable Government
- More Export options available
- High standard of living, presence of international schools
- An experienced financial sector providing excellent services
Singapore is dynamic economy, with strong service sectors, has one of the highest per capita gross domestic product (GDP) in the world. It is the most efficient economic, financial and transport hub for South East Asia. Its airport, port and road system are among the best in the world. Singapore’s major industry includes electronics, financial services, petroleum refining. Company Formation Cost in Singapore can vary according to the type of company you wish to incorporate. We can provide you with Singapore Company incorporation Services and Singapore Company Registration.
Apart from beginning a business in Singapore, we also offer services for Company Formation in Dubai.
Objective of Singapore’s Government
A key objective of Singapore’s Government is and has been to position the country as regional hub and pacesetter in economy development and reform. Singapore government has also introduced measures to enhance Singapore’s position as a hub for education and training of people of Singapore, with a focus on developing “knowledge and innovation-based economy” and improving productivity. Singapore Company incorporation cost can however vary depending on the kind of business you plan to continue.
Advantages of Company Formation in Singapore
- People starting a business in India can enjoy tax incentives and exemptions which are commonly provided to local businesses
- The country allows a corporation to be a 100 percent foreign-owned company
- The Country is ideal for international foreign companies that are planning to tap the major Asian markets including China, Taiwan, Malaysia, India, and Australia
- Singapore’s infrastructure is one of the contributing factors to raise the business productivity
- It does not have any capital gain tax and capital losses are not at all allowed as deduction.
As the second largest of the seven states of the United Arab Emirates (UAE) Dubai serves as the main port and commercial centre. Fifteen free trade zones are being developed in Dubai, including the world’s first e-business free zone. When it comes to business start-up, then they have always been encouraged in Dubai. It is starting to attract the eye of business investors since it started to show its economic stability to the international market.
Dubai has been rated highly in three major rankings; 44th among the world’s best financial cities, it was recorded as the 33rd richest city in 2007 and 37th in MasterCard’s world’s most financial cities 2007 (1st in the Middle East). These rankings represent a huge achievement for the city as it is one of the most recently developed on the list. Many people plan to operate business in Canada (Company Formation in Canada) as well due to a vast economy it possesses.
Again Dubai Company formation cost can vary according to the form of company/business you wish to pursue. Sometimes the query comes regarding Dubai Company Formation with Bank Account, so in this case just let us know, we can provide you with best business advice.
Steps taken by Dubai Government
Dubai’s government is heavily promoting the city for international investment, commercial and industrial development, and recently, tourism. Fifteen free trade zones are being developed, including the world’s first e-business free zone. We at Starters’ CFO can assist you in providing Dubai Company Formation Services.
Advantages of incorporating a Company in Dubai
- No income tax, capital gains tax and inheritance tax
- Dubai is the 3rd largest re-export centre in the world, and the largest state of the seven United Arab Emirates
- It is a safe city with a low crime-rate having a fair and stable judicial system
- Dubai has fourth best tax regime in the world for businesses
- There is also no tax on rental income, capital gains, inheritance or property transfers (stamp Duty)
Canada is leading among all G7 countries in ease of doing business. It has the eleventh-largest economy in the world and is one of the world’s wealthiest nations, along with being a member of the Organization for Economic Co-operation and Development (OECD) and Group of Eight. New markets in USA also attract many business friendly people to begin Company Formation in United States of America.
Canada also has a sizable manufacturing sector as its attractive feature with the automobile industry and aircraft industry attracting foreign Company Registration in Canada. Lower production and business costs due to lowest phone and internet access charges are some of the added advantages of companies starting their business in Canada. Also Canadian construction costs are 15 percent lower, electricity costs 24 percent less, and transporting costs are 13 percent lower.
Marine industries—including fishing, telecommunications, and energy production—are the main components of the Canadian economy. A sole proprietorship is the simplest form of business enterprise for offshore company formation in Canada.
Advantages of Company Registration in Canada
- Canada offers businesses low tax rates
- Skilled labor force due to our level of educational achievement
- Canada has a positive business climate which encourages success of business, fair competition and welcomes foreign investment along with proper business ethics.
- It has great amount of first-class business schools which contribute to an efficient education among people there.
- Canada has been ranked as the best country in the world to do business
Starting a corporation is the best suited form of business for seeking venture capital or other outside investment in USA. For owners looking for less formal structure, Limited Liability partnership is suited best to them. In order to register company in USA for foreign, various benefits are provided by the USA govt. as well.
If we consider the volume of exposure which many of us have to certain aspects of American culture, when doing business in the United States of America it is important not to fall in the trap of feeling it as already familiar. Just like any other country, it is imperative to understand the cultural concepts behind the surface in order to harness the many benefits of doing business in the US.
New markets in USA provide more opportunities for expansion, growth, and income. Starting an LLP in USA provides protection for the owners, is easy to maintain, extremely flexible for legal and tax purposes, and hence can be tailored to the needs of the owners and the particular deal. We also provide Business Services in other Countries as well.
Queries regarding company formation in USA with bank accounts can be taken up once you approach us for carrying your business forward. We also provide services from India in order to register company in USA from India and Company registration in USA for foreign.
Advantages of Company Formation in USA for non-residents
- It usually takes 6 days to incorporate a business in USA
- Business presents firms with new market opportunities
- Firms operating in USA tend to develop at a faster pace
- Doing business in the international market allows firms to improve the quality of their product in order to gain a competitive advantage.
- Larger profit margin can be there with exposure to a bigger market and more customers
Starters’ CFO can assist you in starting and developing your business in other countries as well. We provide you with all kinds of services and help in Company Formation outside India in the following Countries as well:
Cyprus: Cyprus offers investors a set of unique advantages and opportunities for the conduct of their business affairs throughout the world. It has lowest corporate income tax across the European Union. Cyprus is a democratic country with a free market economy and has perfect telecommunications and easy access by air and sea.
Australia: Australia is a positive stepping-stone for third market access, such as the United Kingdom, the United States or Asia. Easy access to local knowledge and expertise is also one of the added advantages of doing business in Australia. Australia offers a wealth of opportunity for businesses to succeed. Businesses can expect a stable and efficient regulatory environment, a highly skilled and multilingual workforce and a culture of innovation.
Bahrain: Bahrain’s strategic location at the heart of the Gulf is the most central place in the Middle East in order to position your business, and it gives you the fastest access to export markets for your goods and services throughout the region. Bahrain has highly developed communication and transport facilities which make Bahrain home to numerous multinational firms.
New Zealand: It is recognized as a true onshore financial centre which is not blacklisted by any jurisdiction or authority in the world. It is a member of the O.E.C.D. and World Trade Organization. New Zealand has a well-developed infrastructure, including a progressive and robust economy and experienced reliable professionals serving global clients. We can assist you in developing business in New Zealand.
South Africa: South Africa is ranked 35th out of 183 countries for ease of doing business according to Doing Business 2012, a joint publication of the World Bank and the International Finance Corporation. South Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors.
UAE: Today United Arab Emirates (UAE) is considered as one of the most developed countries by taking into account various socio economic factors which could be per capita income or energy consumption. The UAE’s government offers attractive tax incentives to businesses doing business in the country. There are currently no foreign exchange controls, trade barriers and no personal or corporate taxes which can help take a significant financial and administrative burden off of international businesses.
United Kingdom: Waves of immigration have made the UK culturally diverse and wealthy and it is now one the world’s leading financial and services centers, with an economy which continues to go from strength to strength. The UK offers many advantages for international business.
This Post Has Been Viewed 268 Times
- Business Compliance
- Corporate Compliance
- Income Tax Compliance
- Other Business Compliances
- International Taxation
- Arrival – Departure tax briefings
- Assistance in Internation Tax Litigations
- Certificate of Coverage
- Double Taxation Avoidance Agreement
- Foreign Tax Credits And Treatment of Grossing up Components
- FRRO Registrations and Extensions
- Hypothetical Tax Computations
- Income Tax Compliance
- OCI CARD AND PO CARD
- Salary Structuring and Payoff Processing
- Secondment Agreements
- Tax Equalization Policy and Computations
- Other Services
- Foreign Company
- Transfer Pricing
- Not For Profit Sector
- Start a Business
- Company Formation Outside India
- Foreign Owner
- Indian Owner
- Special Entities
- Starters’ CFO Special
Contact Us Today