About Corporate Services
If you want to start a for-profit business, you have to choose a legal structure for your company. Corporate entities have the advantage of limiting the personal liability of their members. Corporations are a common and well-known type of business, but other structures may be appropriate for your specific situation. Incorporation provides many advantages for a business and its owners. Protection from high-profile, expensive liability is a huge worry for business owners, and this is one of the primary reasons to incorporate. With incorporation, business owners are shielded personally from business-related legal actions, including ongoing lawsuits and bankruptcy filings.
Business owners enjoy the benefits of a well-established identity: creative, careful branding, and consistent professional action. Increased access to financing is one of the biggest advantages of incorporating. Our experienced team will assist with the formation which shall involve drafting the “Articles of Incorporation” (which set out the primary purpose of the business), selecting a name, and completing the registration forms.
By utilizing the correct processes, tools, and people, your company can truly achieve what we see as full potential.
It is essential to receive advice on:
How can Keyforce Corporate Help?
Every case is different and a high level of expertise is required to ensure that the process is up-to-date, effective and fully compliant. Failure to structure and manage a company correctly could mean that the intended objectives and benefits cannot be achieved. It could also result in unintended consequences and liabilities.
With over three decades of experience handling cross-border corporate and commercial matters, Keyforce corporate services include forming new corporate structures, reorganising existing structures and repatriating earnings.
Keyforce Corporate also provides the necessary expertise to administer and manage companies correctly, including proficiency in company law, board procedures, director responsibilities and shareholder relations, as well as financial and legal compliance requirements. This will enable a company’s owners to focus on their primary business.
Emerging companies face two challenges as they move to internationalize. They need to get their businesses up and running in new markets. But they also need to keep performing well in domestic markets where they're already operating. New data about globalization trends can help businesses that want to move from one market to the next — and do so successfully.
Modes of entry into international markets may vary, but all firms need to consider important legal, regulatory, tax, and cultural issues when planning their moves out of domestic markets.
Whether you are operating in a country where English is the official language or in a country where English is not the official language, our team of experts will guide you in selecting the most efficient legal entity in light of your business needs, as well as the appropriate formation and registrary process.
Companies wishing to expand their trading activities into new territories may consider establishing a Representative Office (RO) or Branch instead of incorporating a new company. An RO provides a limited presence in a foreign market with the ability only to engage in promotional activities, while a Branch will also permit core activities and sales to be undertaken. However neither is a distinct legal entity, so the parent company remains liable for any legal obligations.
If incorporating a new company is preferable, a Subsidiary or a Joint Venture (JV) may be appropriate. A Subsidiary is an entirely separate legal entity created specifically for business overseas. This is generally more tax efficient and offers legal protection between the overseas company and its parent company.
A JV is also a separate legal entity that requires a joint investment with a local company. It is not however a permanent structure and could be dissolved if the original agreements between the parties involved cease to have effect.
Multinational entities may decide to establish a holding company as an efficient way of managing a group of subsidiaries in a particular region. This allows the financing, licensing and management activities to be centralised, preferably in a politically and legally stable environment. It may also offer tax advantages in relation to capital gains and withholding taxes on dividends.
Choosing a suitable location for a holding company will involve detailed consideration of business, logistical and operational requirements. The tax system will also be relevant in respect of:
The effective tax rate for income and gains
The ‘economic substance’ requirements
The withholding tax rates for dividend, interest and royalty payments
The size and quality of the tax treaty network.
Multinational entities may decide to establish a holding company as an efficient way of managing a group of subsidiaries in a particular region. This allows the financing, licensing and management activities to be centralised, preferably in a politically and legally stable environment. It may also offer tax advantages in relation to capital gains and withholding taxes on dividends.
Choosing a suitable location for a holding company will involve detailed consideration of business, logistical and operational requirements. The tax system will also be relevant in respect of:
