The legal structure of your company Before incorporating a company, or even choosing a jurisdiction, you need to plan a corporate structure for your business and, based on this, decide the purpose of the company you wish to incorporate. Understanding the business structure of your company is essential, as it will determine the jurisdiction and type of company you choose in order to best meet your needs. https://www.confiduss.com/en/services/incorporation/structure/

Bank Introduction Services Bank introduction, as the name suggests, is the process of introducing prospective customers to the most suitable bank for their needs. The aim is to support the customer and increase his chances of finding a suitable bank account. Therefore, it is important to understand which bank is the most suitable service provider for a specific customer by knowing their business profile and financial capacity or personal background, as well as personal needs and preferences. http://www.confiduss.com/en/banks/account-opening/introduction/

Establishment of a company in Norway Norway has a corporate tax rate of 24%. Companies that are subject to sales tax must pay 25% tax on purchases. Certain services, e.g. B. in connection with food and beverages, benefit from a VAT rate of 15%. http://www.confiduss.com/en/jurisdictions/norway/business/company-formation/

Economy of Cyprus http://www.confiduss.com/en/jurisdictions/cyprus/economy/ Cyprus is considered a developed country. A nation's stage of development is determined by a number of factors, including economic prosperity, life expectancy, income equality, and quality of life. As a developed country, Cyprus is able to provide social services such as public education, health care and law enforcement to its citizens. Citizens of developed countries enjoy a high standard of living and a longer life expectancy than citizens of developing countries. Cyprus exports around $ 5.52 billion and imports around $ 9.9 billion each year. 9.8% of the country's population are unemployed. The total number of unemployed in Cyprus is 116,530. In Cyprus, 15% of the population live below the poverty line. The proportion of citizens living below the poverty line in Cyprus is relatively high, but this does not give rise to complete investment concern. Potential financiers should look at other economic indicators, including GDP, rate of urbanization, and currency strength, before making any investment decisions. Government spending on education is 4.1% of GDP. The country's Gini index is 32.4. Cyprus is experiencing good equality. The majority of Cypriot citizens have a narrow income range, although some cases can vary widely. Cyprus has a Human Development Index (HDI) of 0.845. Cyprus has a high HDI score. This suggests that the majority of citizens will be able to lead desirable lives while providing significant help and support to citizens with lower living standards. The Global Peace Index (GPI) for Cyprus is 1.924. Due to the strong presence of law enforcement agencies and the high level of social responsibility, Cyprus is very safe by international standards. The strength of the Legal Rights Index for Cyprus is 7. Overall, it is considered fairly reasonable - bankruptcy and collateral laws can at least decently protect the rights of borrowers and lenders; Credit information is mostly adequate and widely available.

Bitcoin and cryptocurrencies A cryptocurrency is a digital asset that is designed as a medium of exchange. It uses cryptography to secure transactions and control the formation of additional currency units. Cryptocurrencies are digital currencies, a subset of alternative currencies. The most popular cryptocurrency is Bitcoin, and since its invention, the various new cryptocurrencies have often been referred to as Altcoins, short for Bitcoin alternative. Bitcoin was developed as a peer-to-peer system for online payments without the need for a trustworthy central authority. Since its invention in 2008, Bitcoin has grown into a currency, technology, investment vehicle, and community of users. It is actually believed to be the first cryptocurrency, although, as mentioned, similar systems already existed. Because the Bitcoin system works without a single administrator (like PayPal) or a central repository, the US Treasury Department has categorized Bitcoin as a decentralized virtual currency. In fact, the first decentralized digital currency would be a more correct designation than the first cryptocurrency. Since all transactions are digital and take place directly between users and without intermediaries, it is important to ensure that users do not spend more bitcoins than they own. Therefore, all transactions are verified by network nodes and recorded in a publicly distributed ledger, the so-called blockchain. While everyone has heard of Bitcoin and other cryptocurrencies, few have extensive knowledge of how they work. In the remainder of this article, we'll share the main pros and cons to consider before taking advantage of the power of Bitcoin. http://www.confiduss.com/en/services/solutions/corporate/cryptocurrency-license/

Top-class legal forms According to the Panamanian Public Register of Panama , the following corporate structures (legal entities) are most commonly registered: Corporation Private joint-stock company The procedure for establishing a company Setting up a company in Panama involves several levels of varying complexity and therefore requires professional support. The Confidus Solutions team prepares legal documents, helps with registration and completes the formation process. Business creation Before your documents can be created, you need to choose a business type and name for your company. Confidus Solutions can validate all relevant information and create the founding documents. Registration of a legal person In order to register your company, Confidus Solutions submits all prepared documents to the Panamanian public register of Panama. This process will take approximately two weeks. Completion of the company formation Since Confidus Solutions takes care of all phases of the company registration process, we also support you with the final setup of your company. Usually this includes obtaining the founding documents and other additional documents that you may need. Founding documents When registering a business in Panama, you may need the following: Application form Social contract List of shareholders Shareholder Agreement Please note that the documents required may vary from case to case. Establishment costs Summary of the formation costs Additional costs may arise if you decide to switch to a different legal entity or need a bank account, virtual office, or maybe a website. Additional business support We offer several additional services for your company. With us you can purchase a finished company in Panama. Inquire now! Opening a corporate bank account in Panama Confidus Solutions acts as a bank agent for your corporate bank account in Panama. All you have to do is choose a bank: General bank Bladex Bank Global bank Multibank insurance Virtual office services for companies in Panama https://www.confiduss.com/en/jurisdictions/panama/business/company-formation/

On-site recruitment Many jurisdictions, e.g. B. Singapore, especially those that offer special tax planning benefits, require overseas companies to hire local staff in order to receive the above benefits. In addition, jurisdictions like Latvian cite cheap skilled labor as one of the main benefits of having a company registered there, making hiring local staff an integral part of the startup strategy. These are the main reasons local recruiting services are essential to any business planning for moving to a foreign jurisdiction. Recruitment of highly qualified executives Sometimes local directors and shareholders are required by law to set up businesses with additional tax benefits, or simply to register a business in a jurisdiction with a favorable tax regime. Typically, to qualify as a local resident for the position of executive in a start-up company, a person must either be a citizen of that jurisdiction or be in possession of a permit: temporary, permanent or special, such as the Singapore EntrePass. In addition, the person concerned may not be eligible to hold the position of director if they have a criminal record or are bankrupt at the time a company is registered. http://www.confiduss.com/en/services/corporate/support/recruitment/

Economy of Slovakia Slovakia is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. As a developed nation, Slovakia is able to provide its citizens with social services like public education, healthcare, and law enforcement. Citizens of developed nations enjoy a high standard of living and longer life expectancies than citizens of developing nations. Each year, Slovakia exports around $82.7 billion and imports roughly $77.96 billion. 7.5% of population in the country are unemployed. The total number of unemployed people in Slovakia is 408,736. In Slovakia, 12.3% of the population lives below the poverty line. The percentage of citizens living below the poverty line in Slovakia is low, indicating that it has a stable economy. Investors should consider Slovakia to be a safe location for investments and other financial ventures. Government expenditure on education is 3.6% of GDP. http://www.confiduss.com/en/jurisdictions/slovakia/economy/