For holding companies, when a European company owns assets in Ukraine and receives income from them, there is an exemption from taxes on investment income in many countries. When considering a holding company, you need to take into account international agreements on the avoidance of double taxation and tax rates that are applied in such a situation.

We undertake full support. We have a wide network of partner accounting and auditing companies around the world. We take on communication with the accountant. If necessary, you can communicate with the accounting department directly with the support of our specialist in order to plan, agree or carry out the transaction. We control the timely submission of the reports and passing of the necessary audit.

Ukraine has undertaken to implement the international BEPS (combating tax evasion) plan. In 2020, a law was passed that introduced the Regulations on Controlled Foreign Companies (CFCs). They enter into force on January 1, 2022.

Simple solutions can be implemented within 7 days. On average, the company registration process takes about 14 days. The main thing then is to open an account. The banks perform a “supervisory” function with financial monitoring and very carefully choose clients with whom they are ready to deal, taking into account the type of activity of the company, owners, and beneficiaries. Opening an account can last from 2 to 5 months, depending on how correctly the decision to go to one or another bank was made. We know the specifics of many leading banks. Therefore, we immediately submit documents to a bank that suits the client and that is ready to cooperate with this type of business. In order not to waste time on banks that may immediately refuse to open an account.

It is better to choose a jurisdiction for company registration based on the further possibility of opening an account for this company. Not all jurisdictions allow a foreign citizen to open an account for a registered company. For example, according to the law, an English company is not obliged to have a local director, but an account in an English bank for such a company will not be opened for you.

You provide 3 company name options. We check them in the register of the relevant jurisdiction. The name should not have coincidences in spelling or consonance with those that already exist. As part of registration, we do such a check for free

It is standard for all jurisdictions - passport, and proof of address.

Sometimes, the source of funds to invest capital in this company, a power of attorney for our representative, who will deal with registration and account opening issues, may be required.

The process of voluntary liquidation is quite simple. There is a standard procedure. The final liquidation report is prepared. Inclusion of the information on liquidation in the register takes 3-6 months. We fully support this process.

Some jurisdictions have minimum authorized fund size requirements, but many do not. For example, in Switzerland, for a joint-stock company, the minimum size of the authorized fund is 100,000.00 francs, and half of the amount must be deposited at the time of registration.

Now, the individuals can invest abroad within the electronic limit of up to 200,000.00 Euros per year. It is possible to make a transfer directly from an account opened with Ukrainian bank.

How can you earn from investments using a foreign company?

Through a foreign company, you can invest in securities by means of the brokerage accounts or investment accounts opened with foreign banks.

This will allow you to reduce the tax burden from 18% to 9%.