Just before opening a company, you should know that even Israeli citizens have the option of opening a company abroad. When should you consider registering the company abroad and not in Israel?
Exploring International Company Registration: Benefits and Guidance
If your business activities will mostly be international, consider registering your company abroad. Different countries offer various benefits such as tax advantages and anonymity for shareholders. Before deciding, explore countries known for tax benefits. With our expert guidance at Shtainmetz Aminoach and Co. CPA, we'll handle the process smoothly without you needing to leave Israel.
Exploring International Company Registration: Cyprus vs. British Virgin Islands
Registering a new company abroad is possible in many countries, but the most popular choices are Cyprus and the British Virgin Islands (BVI). Cyprus offers benefits like being part of the EU and having a wide tax treaty network. Plus, its low corporate tax rate of 10% is one of the world's lowest and usually doesn't apply to passive income. On the other hand, setting up a company in the British Virgin Islands means complete exemption from corporate taxes and reporting. The best location depends on individual needs and circumstances.
Why choosing Shtainmetz Aminoach and Co.?
If you've decided to register a new company abroad, it's recommended to do so through professionals familiar with corporate laws in the target country, who can handle both the registration process and daily operations. Our firm has a team of experienced specialists who specialize in establishing foreign companies in a wide range of countries,
collaborating closely with local professionals in the destination country. This makes the company formation process easier for you and provides a simple and smooth experience. Our team operates according to individual needs and provides comprehensive support, including:
- Consultation and guidance on where to open the company based on its specific data
- Assistance in company formation abroad with the local registrar
- Opening a bank account for the company
- Appointment of a local director
- Various office services in the destination country, including secretarial and mail services
