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Company formation

We can assist with company formation services in various parts of the globe.

Europe
  • Luxembourg

    Luxembourg

    Political structure

    Member state of the EU since 1958 and member of the Eurozone since 1999

    Government

    Unitary parliamentary
    Constitutional monarchy

    Legal system

    Civil Law

    Statutory requirements

    Financial Statements,
    Annual Shareholders Meetings,
    Audit (depending on the size of the company)

    Corporate income tax rate

    18%

    Residence

    Resident companies are taxed on worldwide income. Non-resident companies are taxed only on Luxembourg-source income.

    Basis

    Resident companies are taxed on worldwide income. Non-resident companies are taxed only on Luxembourg-source income.

    Taxation of dividends received from overseas

    “Participation exemption” applies to dividends received from shareholding of at least 10% held continuously for 12 months and does not fall below the acquisition price of EUR 1.2 million throughout that period. Otherwise, the dividends are included in the taxable income.

  • Austria

    Austria

    Political structure

    Member state of the EU since 1995 and member of the Eurozone since 1999

    Government

    Federal parliamentary republic

    Legal system

    Civil Law

    Statutory requirements

    Financial Statements,
    VAT Returns, Audit

    Corporate income tax rate

    25%

    Residence

    Management and control and incorporation

    Basis

    Resident companies are taxed on worldwide income. Non-resident companies are taxed only on Austria-source income.

    Taxation of dividends received from overseas

    Dividends received from a non-resident company are exempt if the following conditions are satisfied “International Participation Exemption”: (1) the non-resident is a company comparable to an Austrian company or a company listed in the EU parent-subsidiary directive; (2) the parent company holds directly or indirectly at least 10% of the equity capital of the subsidiary; and (3) the minimum 10% shareholding is held continuously for at least one year.

  • Malta

    Malta

    Political structure

    Member state of the EU since 2004 and member of the Eurozone since 2008

    Government

    Parliamentary republic

    Legal system

    Common-Law

    Statutory requirements

    Financial Statements,
    Annual Return, Audit

    Corporate income tax rate

    35%

    Residence

    Incorporation and management and control

    Basis

    Resident and domiciled companies are taxed on worldwide income. Companies that are either resident or domiciled companies are taxed on a remittance basis. Non-resident companies are taxed only on Malta-source income.

    Taxation of dividends received from overseas

    “Participation exemption” applies to dividends received from the shareholding of at least 10% in an EU entity or non-EU entity, which derives less than 50% of its income from passive sources or must be subject to the tax rate of at least 15%. If none of the conditions above are satisfied, the holding cannot be a portfolio investment and the entity must be taxed at a rate of at least 5%. In other cases the 35% rate applies.

  • Estonia

    Estonia

    Political structure

    Member state of the EU since 2004 and member of the Eurozone since 2011

    Government

    Parliamentary republic

    Legal system

    Civil Law

    Statutory requirements

    Financial Statements,
    Annual Returns, Audit

    Corporate income tax rate

    20%

    Residence

    Incorporation

    Basis

    Resident companies are taxed on worldwide income. Non-resident companies are taxed only on Estonia-source income.

    Taxation of dividends received from overseas

    “Participation exemption” applies to redistribution of dividends if underlying dividends are received from the EEA member state and the holding is at least 10%. Dividends received from other countries may also fall under the exemption provided the holding is at least 10% and income tax or withholding has been paid on the underlying share of profit. Otherwise, dividends are taxed at a standard corporate rate.

  • Netherlands

    Netherlands

    Political structure

    Member state of the EU since 1958 and member of the Eurozone since 1999

    Government

    Unitary parliamentary constitutional monarchy

    Legal system

    Civil Law

    Statutory requirements

    Financial Statements,
    Annual General Meetings, Annual Tax Return,
    Annual Fillings

    Corporate income tax rate

    Rate is 19% on taxable profits up to EUR 200,000 (reduced from 20% as from 1 January 2019) and 25% on taxable profits exceeding that amount.

    Residence

    Management and incorporation

    Basis

    Resident companies are taxed on worldwide income. Non-resident companies are taxed only on Netherlands-source income.

    Taxation of dividends received from overseas

    “Participation exemption” applies to dividends received from shareholding of at least 5% provided: (1) the subsidiary is not held as a mere portfolio investment; (2) the subsidiary is subject to a reasonable effective tax rate; or (3) less than 50% of the assets of the subsidiary consist of “passive” assets. Otherwise, dividends are taxed at applicable corporate tax rates.

  • Hungary

    Hungary

    Political structure

    Member state of the EU since 2004

    Government

    Unitary parliamentary constitutional republic

    Legal system

    Civil Law

    Statutory requirements

    Financial Statements,
    Annual Return

    Corporate income tax rate

    9%

    Residence

    Incorporation and place of management

    Basis

    Resident companies are taxed on worldwide income. Non-resident companies are taxed only on Hungary-source income.

    Taxation of dividends received from overseas

    Dividends are exempt from income tax unless received from a CFC

  • Switzerland

    Switzerland

    Political structure

    Non-member state of the EU, but is a part of European Economic Area

    Government

    Federal multi-party directorial republic with thorough elements of direct democracy

    Legal system

    Civil Law

    Statutory requirements

    Financial Statements,
    Annual General Meetings, Annual Tax Return,
    Annual Fillings, Audit

    Corporate income tax rate

    12% – 24%

    Residence

    Legal seat and management and control

    Basis

    Resident companies are taxed on worldwide income. Non-resident companies are taxed only on Switzerland-source income.

    Taxation of dividends received from overseas

    “Participation exemption” applies to dividends received from the shareholding of at least 10% in a resident or non-resident company or the participation has a value of at least CHF 1 million.

  • Latvia

    Latvia

    Political structure

    Member state of the EU since 2004 and member of the Eurozone since 2014

    Government

    Parliamentary republic

    Legal system

    Civil Law

    Statutory requirements

    Financial Statements,
    Annual Tax Return, Audit

    Corporate income tax rate

    20%

    Residence

    Incorporation

    Basis

    Resident companies are taxed on worldwide income. Non-resident companies are taxed only on Latvia-source income.

    Taxation of dividends received from overseas

    Dividends are exempt from tax unless received from a blacklisted jurisdiction

  • UK

    UK

    Political structure

    Member state of the EU since 1973

    Government

    Unitary parliamentary constitutional monarchy

    Legal system

    Common-Law

    Statutory requirements

    Financial Statements, Annual Return, Audit (exemption for small businesses)

    Corporate income tax rate

    19%

    Residence

    Incorporation or place of central management and control

    Basis

    Resident companies are taxed on worldwide income. Non-resident companies are taxed only on UK-source income.

    Taxation of dividends received from overseas

    A dividend exemption applies to most dividends and distributions unless received by a bank, insurance company or other financial trader.

  • Cyprus

    Cyprus

    Political structure

    Member state of the EU since 2004 and member of the Eurozone since 2008

    Government

    Unitary presidential constitutional republic

    Legal system

    Based on English Common Law

    Statutory requirements

    Financial Statements,
    Annual Tax Return,
    Annual Company Levy, Audit

    Corporate income tax rate

    12.5%
    *Special Defense Contribution (“SDC”) is imposed on residents of Cyprus only on the income originating from dividends (20%), interest (30%) and rents (3%)

    Residence

    Management and control

    Basis

    Resident companies are taxed on worldwide income. Non-resident companes are taxed only on Cyprus-source income.

    Taxation of dividends received from overseas

    Dividends received from a non-resident company are exempt if the following conditions are satisfied “International Participation Exemption”: (1) the non-resident is a company comparable to an Austrian company or a company listed in the EU parent-subsidiary directive; (2) the parent company holds directly or indirectly at least 10% of the equity capital of the subsidiary; and (3) the minimum 10% shareholding is held continuously for at least one year.

Asia & Middle East
  • Hong Kong

    Hong Kong

    Political structure

     

    Government

    Special administrative region of China

    Legal system

    Common-Law

    Statutory requirements

    Financial Statements, Annual Return, Audit

    Corporate income tax rate

    0% on foreign profits

    Residence

    Incorporation or management and control

    Basis

    Only Hong Kong-source income is subject to Hong Kong profit tax

    Taxation of dividends received from overseas

    Dividends are exempt from profit tax

  • Singapore

    Singapore

    Political structure

     

    Government

    Unitary parliamentary constitutional republic

    Legal system

    Based on English Common Law, but with substantial local differences

    Statutory requirements

    Financial Statements, Annual Return, Audit (with small exemptions)

    Corporate income tax rate

    17%

    Residence

    Management and control

    Basis

    Income accrued in or derived from Singapore and all foreign income remitted or deemed remitted to Singapore, with certain exceptions is subject to profit tax in Singapore

    Taxation of dividends received from overseas

    Dividends are exempt from profit tax under a single-tier system

  • Labuan

    Labuan

    Political structure

     

    Government

    Federal territory of Malaysia

    Legal system

    Common-Law

    Statutory requirements

    Financial Statements, Annual Return, Audit

    Corporate income tax rate

    3% or MYR 20,000

    Residence

    Management and control

    Basis

    Generally only Malaysian-source income is subject to profit tax in Malaysia exceptions include banking, insurance, air transport of shipping sectors

    Taxation of dividends received from overseas

    Dividends are exempt from profit tax under a single-tier system

  • UAE

    UAE

    Political structure

     

    Government

    Federation of 7 hereditary monarchies

    Legal system

    Civil law and Sharia law

    Statutory requirements

    None

    Corporate income tax rate

    0%

    Residence

    Incorporation

    Basis

    N/A

    Taxation of dividends received from overseas

    No

Offshore
  • Anguilla

    Anguilla

    Political structure

     

    Government

    Parliamentary dependency under a constitutional monarchy of UK

    Legal system

    Common law

    Statutory requirements

    Financial statements

    Corporate income tax rate

    0%

    Residence

    N/A

    Basis

    N/A

    Taxation of dividends received from overseas

    No

  • Cayman Islands

    Cayman Islands

    Political structure

     

    Government

    Parliamentary dependency under a constitutional monarchy

    Legal system

    Common-Law

    Statutory requirements

    Financial statements, Annual return

    Corporate income tax rate

    0%

    Residence

    N/A

    Basis

    N/A

    Taxation of dividends received from overseas

    No

  • Aruba

    Aruba

    Political structure

     

    Government

    Unitary parliamentary representative democracy under constitutional monarchy of the Netherlands

    Legal system

    Civil law

    Statutory requirements

    Financial statements, filing accounts

    Corporate income tax rate

    25%

    Residence

    Incorporation and management and control

    Basis

    Resident companies are taxed on worldwide income. Non-resident companies are taxed only on Aruba-source income.

    Taxation of dividends received from overseas

    Dividends are taxed under regular taxation rules with participation exemption possibility provided certain conditions are met

  • Marshall Islands

    Marshall Islands

    Political structure

     

    Government

    Unitary parliamentary republic

    Legal system

    Based on English Common Law

    Statutory requirements

    n/a

    Corporate income tax rate

    0%

    Residence

    N/A

    Basis

    N/A

    Taxation of dividends received from overseas

    No

  • Bahamas

    Bahamas

    Political structure

     

    Government

    Unitary parliamentary constitutional monarchy

    Legal system

    Common-Law

    Statutory requirements

    Financial Statements

    Corporate income tax rate

    0%

    Residence

    N/A

    Basis

    N/A

    Taxation of dividends received from overseas

    No

  • Mauritius

    Mauritius

    Political structure

     

    Government

    Parliamentary republic

    Legal system

    Based on English Common Law

    Statutory requirements

    Financial statements, filing accounts, Audit

    Corporate income tax rate

    15%

    Residence

    Management and control

    Basis

    Resident companies are taxed on worldwide income. Non-resident companies are taxed only on Mauritius-source income.

    Taxation of dividends received from overseas

    Foreign dividends are taxable under regular taxation rules, but tax credit may be claimed for underlying and withholding tax.

  • Belize

    Belize

    Political structure

     

    Government

    Unitary parliamentary constitutional monarchy

    Legal system

    Common law

    Statutory requirements

    Financial statements

    Corporate income tax rate

    0%

    Residence

    N/A

    Basis

    N/A

    Taxation of dividends received from overseas

    No

  • Panama

    Panama

    Political structure

     

    Government

    Unitary presidential constitutional republic

    Legal system

    Civil law

    Statutory requirements

    Financial Statements

    Corporate income tax rate

    25%

    Residence

    Incorporation and central management and control

    Basis

    Only Panama-source income is subject to Panama profit tax

    Taxation of dividends received from overseas

    Dividends are exempt from profit tax

  • BVI

    BVI

    Political structure

     

    Government

    Parliamentary dependency under a constitutional monarchy

    Legal system

    Common-Law

    Statutory requirements

    Financial Statements

    Corporate income tax rate

    0%

    Residence

    N/A

    Basis

    N/A

    Taxation of dividends received from overseas

    No

  • Samoa

    Samoa

    Political structure

     

    Government

    Unitary parliamentary republic

    Legal system

    Common-Law

    Statutory requirements

    Financial Statements

    Corporate income tax rate

    27%

    Residence

    N/A

    Basis

    N/A

    Taxation of dividends received from overseas

    No

  • Curaçao

    Curaçao

    Political structure

     

    Government

    Unitary parliamentary representative democracy under a constitutional monarchy

    Legal system

    Civil law

    Statutory requirements

    Financial statements, filing accounts

    Corporate income tax rate

    22%

    Residence

    Incorporation and management and control

    Basis

    Resident companies are taxed on worldwide income. Non-resident companies are taxed only on Curaçao-source income.

    Taxation of dividends received from overseas

    10%, but participation exemption applies for dividends received from participations where a share of holding is more than 5% and where the participation is (1) subject to a tax of at least 10%; (2) an active business company.

  • Seychelles

    Seychelles

    Political structure

     

    Government

    Presidential republic

    Legal system

    Hybrid law

    Statutory requirements

    Financial Statements

    Corporate income tax rate

    0%

    Residence

    Incorporation and central management and control

    Basis

    Only Seychelles-source income is subject to Panama profit tax

    Taxation of dividends received from overseas

    No

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