IT Companies Registration Worldwide

What should be considered when choosing a country for registering an IT company?

• 

  Taxation
  income tax rate
  tax on dividends and royalties
  income tax on employees’ salaries
  existence of VAT on IT services
  social fees and contributions

• 

  Company incorporation conditions
  the possibility of online incorporation
  requirements for founders
  the minimum amount of the authorized capital
  availability of real, local offices, employees, and partners

• 

  Corporate management of the company
  necessity to appoint a director
  actual economic presence (substance): control and management of the company in the country of registration
  the decision-making process in the company

• 

  Accounting and financial reporting
  annual audits
  currency control
  financial monitoring
  banking compliance

• 

  Special conditions for IT business and benefits
  tax holidays
  reduced or zero VAT rates
  special tax regimes: IP-Box in Belgium, Hungary, the UK, Cyprus, Lithuania, Ireland, the Netherlands, Spain, France, and other countries; Patent Box in Switzerland and the UK
  tax incentives for IT startups
  revocable and irrevocable financing of the IT sector

• 

  Doing business after opening an IT company
  location of clients
  financial and business reputation of the country of IT company incorporation
  the ability to conduct business online: a developed system of state online portals
  attraction of investments: IPO, ICO, business angels and other sources of external financing
  efficiency of legal protection: the availability of specialized courts and the speed of enforcement of judgments

We have experience in registering IT companies in the following countries:

• Cyprus
• Estonia
• Czech Republic
• the UK
• the USA
• Ireland
• Belgium
• the Netherlands
• Austria
• the United Arab Emirates
• Hong Kong
• Switzerland

How do IT lawyers provide worldwide registration for IT companies?

• Advise on the conditions of registration.
• Offer options with the minimum tax burden.
• Develop constituent and corporate documents.
• Assist with registration procedures.
• Prepare documents for opening bank and payment accounts.
• Develop the concept of a foreign office and organize the work of the director and the team.
• Support in preparation of accounting records and submitting reports.
• Stand by companies during tax audits.

Facts

The CompTIA Association of America predicts that the global technology industry will reach $5 trillion in 2021. If this forecast comes true, the growth rate will be 4.2%.

Factors that will drive technological growth in 2021:

• coverage of new market segments.
• Improvement of internal operations.
• Sale of new IT services.
• Improvement of sales and marketing.
• Positive actions by the government and others.

Case from IT lawyers

Who are we, and how do we generate solutions?

For our clients, we select countries in which there is:

• zero or reduced VAT tax for IT outsourcing;
• zero tax on the income of an IT company;
• tax rate on dividends is up to 10%;
• remote and online management of a business is possible;
• international banks work to open an account.

The Stalirov&Co team registered 35 companies in foreign countries.