Where is better to register an IT company in 2020?

Where is better to register an IT company in 2020?

Today, we are increasingly faced with electronic wallets, cryptocurrencies and cashless payments. A software market is growing. If you decide to bet on the future, then registering an IT company will be a good solution for you. You can find out where and how to open an outsourcing company from our specialists.

IT services are provided for users and companies in different countries. Registering an IT company can be carried out in a country with more advantageous offers. So, which option is more promising: to register an IT company in England or establish a company in the USA, Australia, Hong Kong or other jurisdictions?

Choosing a jurisdiction for IT business

Choosing the state, in which you want to open an international IT business, you need to take into account the features of your activities. You can register an IT company in Hong Kong or set up an IT company in Scotland, where the most comfortable conditions for this type of business are created today.

Also, such countries, as Czech Republic and Ireland understand the importance of the IT sector and contribute in every way to its development. To register an IT company in Europe or in the USA are new opportunities for your business.

Not so long ago, a “Free Zone” was created in Georgia, focused specifically on the IT sector. Registering an IT company in Georgia FZ is beneficial in terms of taxation: companies are exempt from taxes.

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Key issues, goals, priorities of future owners of IT companies

In order to determine the place of registration and understand, where it is better to open an IT company in Ireland, Scotland, etc., you need to give answers to key questions, including:

  • Do you plan to attract investors?
  • Who are the main business partners of the company, and from whom will provide the payment for services?
  • Whether the company planning to operate in the country where it will be registered?
  • Who will pay/receive dividends and royalties?
  • Whether the selected country can be considered as low-tax jurisdiction?

There are countries, in which a possibility of using options, trust holdings with corporate rights, etc. is not provided.

If you want to register an IT company in the Czech Republic, contact our specialists, who will help you to resolve your questions as efficiently as possible.

If you conduct business in the country of registration, this will entail costs and related taxation. However, this is precisely the main condition for opening an account in jurisdictions, where banks require actual activities, a presence of an office and employees. To open an IT company in a jurisdiction, that does not currently require a tax payment is real.

Professional assistance

Have you decided to register an IT company? Do you want to open an IT company in the Czech Republic, to register an IT company in Australia, to set up an IT company in Hungary, or another priority jurisdiction for you? Contact YB Case for advice and you will receive answers to all your questions.

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