We Form Online – A revolutionary service for company startups!
If you have ever thought about or shown interest in building your own business, you would know that it can be a long, exhausting process that can be quite demotivating if you’re still a beginner in the company startup sector. You’re going to need to go through every step perfectly otherwise it can affect your business negatively, and nobody wants that. Just to give you an idea of what you need to do to build your own business, the following steps are going to guide you through the most crucial parts of building your own business;
What is WeFormOnline?
If you’ve ever wondered if there’s some sort of organization that can make the business building life easier, it’s We Form Online. A company that is building a massive reputation through completely revolutionizing the business fabrication outfit. They have a revolutionary plan of making it possible to apply to open a company in any country, no matter where you are at the moment, even if you’re on the other side of the world, and to make it possible to apply whenever you like, at your convenience, through an online platform.
So far, they have specialisation in business building across 10 different nations, as well as all the help needed with regards to legalities, finding solutions for funding, as well as professional consultation for any corporate information you may need.
Where can you base your company through We Form Online?
Here’s the 10 jurisdictions that you can apply to set up a business in with this company;
United Kingdom
Consisting of England, Scotland and Ireland, the UK is We Form Online’s busiest, most popular jurisdiction among their global clientele. Applying for a business in the UK has numerous advantages ranging from high accessibility to low corporate tax, and a global customer base.
Here are some of the factors required to form a business in the UK;
- Every person in the company must prove their address with rental agreements, utility bills, or bank statements along with a copy of their passport.
- One must file their accounts annually
- Every business should comprise a shareholder and a director at the bare minimum.
- Every business should have an Ultimate Beneficial Owner, who would be the one whose name is on all the institution’s transactions.
Estonia
Establishing a corporation in Estonia is suitable for establishing a location-independent internet company. This comprises all organizations operating in the digital realm that create applications, provide Information Technology advice, designing, and advertising, among other things. This little Baltic nation is greatly respected by business people due to its widely competitive corporation taxation system.
Here are some of the factors required to form a business in Estonia;
- It is required to file your reports annually
- Every person in the company must prove their address with rental agreements, utility bills, or bank statements along with a copy of their passport.
- Every business should comprise of a shareholder and a director at the bare minimum. One person could apply for both positions.
- During the procedure, the authentic authorization and paperwork from an attorney must be delivered by mail.
Cyprus
Cyprus is among the most attractive places in the European Union for company formation. Cyprus has become an appealing nation owing to circumstances such as favorable laws on taxes, simple business regulations, and the government’s consistent taxation policies. Annually, tons of different businesses are established in Cyprus, deeming it a crucial worldwide economic center. Cyprus has a functional and established legislation system in the likes of the one from the United Kingdom. Because Cyprus is a Part of the EU, a listed business in Cyprus has plenty of the benefits of doing business in a nation within the European Union.
Marshall Islands
The Marshall Islands is a desirable location for an overseas organization. These same Marshall Islands’ sound macroeconomic institutions are attractive to business people looking to establish their businesses and take advantage of favorable tax regulations and operational processes.
A Marshall Islands national firm which is non-residential is a very versatile and tax-free entity with only a few limits on the firm’s operations. Private manufacturers are not permitted to conduct enterprise with inhabitants or businesses, however might preserve industry relationships with litigation, attorneys, accounting professionals, clerks, investment firms, managerial staff or clerical companies, wealth managers, or other comparable individuals or organizations dealing directly in the Marshall Islands.
Hong Kong
Hong Kong is a one-of-a-kind Chinese administrative area with a population of above 7.4 million people of diverse ethnicities. For international investors, Hong Kong now serves as a gateway to China and the rest of Asia. It serves as a crossroads for the region’s financial movements. The primary factor why overseas enterprises establish themselves in Hong Kong is because of the straightforward tax structure with cheap rates. Furthermore, Hong Kong has a stellar worldwide status and is a highly corporation-friendly environment. It is one of the most secure and handy finance locations. Becoming the headquarters to several of the world’s strongest stable banks, with the greatest rates of liquidity and solvency. There are no transfer regulations and multi-currency account holders, business accounts, or online payment services are all available. It is also the entrance to China, the fastest growing market on the planet.
Seychelles
Seychelles has become an unmissable international finance location, with the growth of emerging enterprises and revenues continuously expanding on a daily basis. Organizations formed under the International Trade Corporations Act of 1994 have one of the shortest business creation times in the globe, as well as the cheapest yearly governmental costs.
According to the Seychelles interpretation of laws, the nation is not subject to any tax or levy on revenue. Earnings and investment income are not taxed or are taxed at a very low rate. Seychelles Foreign Corporate is a tax-free overseas industry.
Bulgaria
Bulgaria, which has been a part of the European union from 2007, does indeed have a stable market (LEV), financial independence, encouraging developments, as well as an ideal spot (South Eastern Europe).
Bulgaria is becoming an intriguing alternative for starting a company because of its geography, which borders the Black Sea towards the right, Romania up north, Macedonia & Serbia on the left, with Turkey & Greece at the right below. The nation is has a land area of 110,994 square kilometers, making it the fourteenth biggest nation in Europe.
Creating a corporation in Bulgaria is a simple and uncomplicated procedure. Bulgarian Corporation Regulations have reasonably clear guidelines, and the entire process is quick and simple.
Saint Vincent
For the first 20 years after establishment, St. Vincent Facilities are exempt from paying any taxes. It does not have any dual taxation agreements with separate nations. Immunity from all corporations, withholding , capital gain, capital , and other similar taxation on the IBC’s dividends and capital gains for a period of two and a half decades.
What additional features does WeFormOnline offer?
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Bank accounts
Here, you can get all the help you need with managing your finances and gain from all the pro’s one can get from a classic bank account.
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PI & EMI Licenses as well as Payment Solutions
If you need quick and easy payment methods, We Form Online can offer Payment Institution (P.I.) licensing, as well as Electronic Money Institution (EMI) Licensing to widen your range of payment solutions. They are also offering solutions for all kinds of online bank payments.
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PSP Licenses
If you want your company to be able to take payments through the internet and via wire transfers, credit cards, e -wallets and such, you need a PSP license.
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iGaming Licenses
If you’re looking to start an online betting site in one of the Jurisdictions covered by We Form Online, they can help you set it up all the way as well as setting you up with legit gambling licensing to be able to start your online casino with ease.
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FX Licenses
FX or Forex License is the licensing needed to be able to start a foreign exchange or currency transferring company. You could also offer trading services and with these licenses you have a much higher chance of gaining trustful client bases.
How the Pricing works;
| Jurisdiction | Starting Price | Some Included Services |
| United Kingdom | 175 EURO |
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| Estonia | 950 EURO |
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| Marshall Islands | 800 EURO |
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| Hong Kong | 1150 EURO |
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| Bulgaria | 1200 EURO |
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| Seychelles | 750 EURO |
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| Cyprus | 1850 EURO |
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| St Vincent & the Grenadines | 1200 EURO |
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According to Gert Koppel, the CEO of We Form Online, in the constantly shifting situation of the present day, organizational tasks and needs are constantly needing to be sorted out using online platforms, and this is what motivates them to carry on widening their range to try and reach every content throughout the world, to give anyone an opportunity to easily and swiftly build their own offshore company without having to move a muscle, as well as managing and taking care of your progress and future company’s needs and services.
Researching your specific market.
The very first step to building your own company is rather obvious, one must gather all kinds of information with regards to their potential business, such as potential client bases, competitor companies which are already there, and more. Researching your desired market can help you find out what it is you need to gain an edge over all those who already built their businesses, by analysing them and seeing how you could make your business better or more efficient than theirs.
Creating a detailed plan for the growth and development your business
Planning out your progress from the start is crucial to be able to expand your business as time passes by. You need to have a vague idea of where you want to see your business be in a certain amount of time. Without a solid business plan, companies tend to lack solid structure. An attractive timeline plan can be the key to convincing potential employees to trust in the future of your company and feel secure working alongside you.
Finding the Ideal area to locate your company
Whatever industry you build your business on does not matter when it comes to whether or not finding the right place to base your company makes a difference. It is very important to educate oneself with regards to taxations and legalities across the globe to make sure you’re making the right decision when it comes to the country you want to be registered in. You should also get a vague idea of how much revenue the average company can generate in specific nations.
Taking care of all the registrations necessary.
It can take from weeks, to months, and sometimes even years to fully register for your business. There’s going to be a lot of forms to fill, as well as registrations with the government, both state, and federal. One of the hardest decisions to make when registering a company is what to name it. It’s also important to make sure your branding is protected with copyrights so other businesses don’t rip off your front or product.
Applying for Taxes.
Most countries use an ID number specified for employers, commonly known as E-I-N, to be able to keep track of the taxation on all companies registered in them. Tax percentages and registrations will vary depending on what country or state you are based in. Other countries and states might also need you to apply for a taxation Identification number too.
If you would like to know more about starting a new business or looking for guidance, our advisers will be happy to assist you. Please email: [email protected]