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Setting up an entity in a country or jurisdiction is perhaps a small decision financially but from a strategic perspective, it is a very important decision for the following reasons.
Often Incorporation in a foreign country is necessary to take advantage of doing business in tax and incentive friendly destinations. Singapore is one of the friendliest places to do business with but of course there are other choices like The Caymans, Hong Kong, Mauritius, Abu Dhabi and Dubai (UAE), Ireland, Jersey, Switzerland, Luxembourg and Delaware (United States).
Many jurisdictions require a local Company Secretary if incorporation a corporation with equity shares as well as Local Nominee Directors.
Varidus and our licensed partners in various geographies can help you with these matters by:
Often, this can be done remotely via our partners for most of the popular jurisdictions, without requiring you to fly into do this. For some cases, even bank accounts can be opened remotely via Video KYC.
Please book a complimentary consultation session with us to see how we can help!
The reason why it is so difficult for existing firms to capitalize on disruptive innovations is that their processes and their business model that make them good at the existing business actually make them bad at competing for the disruption - Clayton Christensen, Disruptive Innovation Expert.