Company formation in Europe
Expanding your business into Europe offers plenty of opportunities for growth and global presence. However, navigating the complex landscape of company incorporation in various European countries can be daunting without the right expertise and support. This is where our lawyers steps in, offering comprehensive services to facilitate your smooth entry into the European market.
Besides the legal procedure and communication with government authorities, Legalaes will provide you all necessary services and tools such us:
- FREE CONSULTATION
- Legal address for your company
- Local contact person
- Local accounting services
- Assistance with opening local bank accounts
- Search of business premises – employees, office etc.
- Translated & notarized corporate documents
At Legalaes we specialize in providing complete company incorporation services across Europe. In most popular EU destinations we have our lawyers and local representatives, based in:
- Estonia
- Lithuania
- Cyprus
- Malta
- UK (United Kingdom)
- Portugal
- Germany
- Poland
- Bulgaria
- Slovakia
- Hungary
- Czech Republic
With a team of seasoned lawyers and consultants who possess in-depth knowledge of European corporate law and regulations, we are well-equipped to guide you through every step of the incorporation process, ensuring compliance and minimizing risks.
Advantages of registration company in Europe with experts
Our experts can provide you FREE CONSULTATION whether you are seeking for low tax jurisdictions, most prestigious banking environments, lowest requirements for license obtainment, business maintenance and much more.
What sets us apart from the rest is our unwavering commitment to professionalism and excellence. Here’s how we can add value to your European expansion:
01
Tailored Solutions
We understand that every business is unique, with its own set of goals, challenges, and requirements. That’s why we offer personalized incorporation solutions in Europe that are specifically tailored to meet your needs and objectives. Whether you’re a startup looking to establish a presence in Europe or a multinational corporation seeking to expand your operations, we’ve got you covered.
02
Expertise and Experience
With years of experience in the field of corporate law and business consulting, our team brings a wealth of expertise to the table. We stay abreast of the latest legal developments and market trends to provide you with the most relevant and up-to-date advice. You can rely on our lawyers and consultants to navigate the intricacies of European corporate governance with precision and efficiency.
03
Comprehensive Support
From initial consultation to post-incorporation compliance, we offer end-to-end support to ensure a seamless experience for our clients. Our services encompass company formation, registration, drafting of legal documents, tax planning, corporate governance, and ongoing compliance management. With us by your side, you can focus on growing your business while we take care of the paperwork.
04
Transparent Communication
We believe in fostering open and transparent communication with our clients every step of the way. Our team is dedicated to providing clear and concise guidance, addressing any concerns or queries you may have promptly. You can trust us to keep you informed and involved throughout the entire incorporation process.
05
Cost-Effective Solutions
We understand the importance of cost-effectiveness in today’s competitive business landscape. That’s why we strive to offer our services at competitive rates without compromising on quality. Our goal is to deliver maximum value for your investment, helping you achieve your business objectives efficiently and affordably.
What type of companies you can incorporate in Europe?
LLC (Limited Liability Company)
Limited liability company is a business structure that offers limited liability protection and pass-through taxation. Corporation exists as a separate entity from it’s owners. So the owners can’t be typically held personally responsible for the business debts and liabilities.
PLC (Public Limited Company)
Public limited company is a business that is managed by directors and owned by shareholders. Can offer shares to public.
Branch offices
Branch offices is a location (mainly abroad), other than the main office, where a business is conducted. Consists of smaller divisions of different aspects of the company such as human resources, marketing and accounting.
Sole Proprietorship
A sole proprietorship is a non-registered, unincorporated business run solely by one individual proprietor with no distinction between the business and the owner. The owner of a sole proprietorship is entitled to all profits but is also responsible for the business’s debts, losses, and liabilities.
STEPS FOR INCORPORATION IN EUROPE
For more detailed road map of the project and commercial offer – get in touch with our professionals.
Company formation in Europe involves several steps, each of which must be carefully followed to ensure compliance with local regulations and to establish a legally recognized entity. Here’s a general overview of the typical steps involved in company registration in Europe:
Choose the Jurisdiction :
The first step is to decide where you want to establish your company in Europe. Consider factors such as taxation, regulatory environment, market access, and business infrastructure. Popular choices for company formation in Europe include the United Kingdom, Germany, Estonia, Cyprus, Poland and many other countries.
Choose the Type of Entity :
Next, you’ll need to decide on the type of legal entity you want to form. Common options include limited liability companies (LLCs), corporations, partnerships, and branches of foreign companies. Each type of entity has its own advantages and disadvantages in terms of liability, taxation, and administrative requirements.
Reserve a Company Name :
Once you’ve chosen the jurisdiction and type of entity, you’ll need to reserve a unique name for your company. In many European countries, this involves conducting a name search to ensure that the desired name is available and not already in use by another company.
Draft the Articles of Association :
The articles of association (also known as the memorandum and articles of association) outline the internal rules and regulations governing the company’s operations. This document typically includes details such as the company’s name, registered office address, business objectives, share capital, and shareholder right.
Appoint Directors and Shareholders :
You’ll need to appoint directors and shareholders for your company. The number of directors and shareholders required may vary depending on the jurisdiction and type of entity. In some cases, a local resident director or shareholder may be required by law.
Obtain Necessary Permits and Licenses (if required) :
Depending on the nature of your business, you may need to obtain specific permits or licenses before you can start operating legally. This could include business licenses, industry-specific permits, or regulatory approvals.
Register the Company :
Once all the necessary documentation is prepared, you’ll need to formally register your company with the relevant government authorities in the chosen jurisdiction. This typically involves submitting the required forms, along with the articles of association and other supporting documents, and paying the applicable registration fees.
Open a Bank Account :
To conduct business activities and manage financial transactions, you’ll need to open a corporate bank account in the name of your company registered in Europe. This account will be used for depositing funds, paying expenses, and receiving payments from customers and clients.
Comply with Tax and Regulatory Requirements :
Finally, ensure that your company complies with all applicable tax and regulatory requirements in the jurisdiction where it is established. This includes registering for taxes, obtaining a tax identification number, and filing annual financial reports and tax returns as required by law.
It’s important to note that the specific requirements and procedures for company formation may vary depending on the jurisdiction and type of entity chosen. Working with a reputable legal or business consulting firm that specializes in company formation in Europe can help ensure that you navigate the process smoothly and efficiently.
REQUIRED DOCUMENTS FOR REGISTRATION COMPANY IN EUROPE
- Copy of passport of shareholders and directors
- Proof of address of shareholders and directors
Based on above mentioned our company will establish Power Of Attorney between You and Legalaes Company, which will allow our lawyers to establish company on your name with officially registered name and legal address, conducted with local laws and payment of government fees.
COSTS OF COMPANY FORMATION IN EUROPE
Registration fee
The fees associated with registering a company in Europe can vary significantly, ranging from a few hundred to several thousand euros. These costs depend on factors such as the specific country where you intend to establish the company and the type of business entity you wish to form. For example, registration fee of Estonian OÜ (LLC) is 200 Euro or 265 Euro via registration online with E-residence.
Legal fees
The charges for legal and accounting services may differ based on the complexity of your business needs and the extent of work involved. For a clearer understanding of your specific requirements and to receive an estimated quotation, feel free to reach out to us. We offer complimentary consultations to assess your situation and provide tailored advice. As an example legal fees for incorporation in Estonia is 500 Euro.
Notary fees
In certain countries, notary fees may be necessary for company registration, and these charges can differ based on both the country itself and the specific type of notarial service needed. Notary fees in Estonia are around 300-400 Euros.
Share capital
Share capital required for setting up a company in Europe depends again on the chosen country, each jurisdiction have own laws and requirements, but mainly in Europe is 0 or 1 Euro share capital for incorporation. Meaning that you can set-up a company in Estonia with share capital 0.01 Euro.
Each of our projects receives unique and tailored solutions in accordance with the initial objectives and vision of the shareholders.
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