EuroCompanyFormations.com offers introductory answers to frequently asked questions (FAQ) about company formations, fees and taxes, registration, and other services that we offer. Click on a FAQ Question below to view answers relating to your selection. Links throughout the answers will guide you to further information on our website or from other sources.
Euro Company Formations was established in 2008 as a joint venture between a leading Irish Company Formation Practice, and a leading European Company Formation and Corporate Service provider. Between our companies we have a combined 23 years experience in business, whilst our Directors have a combined 70 years experience in the company formation and corporate service business.
Yes you can. In most cases this is acceptable. There are exceptions whereby if you have only one shareholder then either the amount of share capital to be paid is increased as the liability increases. In some cases, if one director is named on the company then this has to be declared as part of the main corporate name. Some jurisdictions such as Ireland require a minimum of two directors, however we can provide a non-executive director should you require one.
We will require a certified copy of your passport and two original documents that prove residential address that are less than 3 months old – i.e. utility bill – Gas, electricity, telephone (not cell phone), water or bank statement. Some countries may require a Bank Statement or a reference from your bank. (We will verify this on your application) These documents are required under EU ant-money laundering legislation.
The reason why many European companies have such high share capital is to show a commitment to the authorities in that country that they are serious about setting up in business. However you can incorporate a company in some European countries with just 1 euro share capital (e.g. Ireland)
This differs from country to country but in most cases you will be required to sign individual countries registration documents and bank application forms.
Yes, we can provide full nominee services for company officials and shareholders.
No, unless you require an additional service over and above the standard incorporation.
Yes, provided that you produce full details of your company including the required certified documents. We can act as your registered agent & compliance officer and provide you with a branch address.
This may be required to import goods into the EU and to trade in the EU. Please note the company may have to prove trading activity in the country in question to secure a VAT Number. Some countries have a VAT registration threshold, whereby you must register if your turnover exceeds a certain amount.
We deal with a number of different banks across Europe, so it depends on the country in question. We only deal with major international banks or major banks in the country in which we incorporate your company.
This is to demonstrate to the tax authorities in the country in which you are setting up that there is a genuine trading business in their country. Some countries have measures against so called ‘brass plate’ companies. Please note that this is also required for an EU VAT number.
This is due to the fact that companies are not formed online in Europe except in the UK and Denmark. Some countries such as Germany require that the bank account is open and share capital is paid up before the company is incorporated. Many countries in Europe require the signature of incorporation documents to be witnessed by a Notary. Please note Euro Company Formations can supply Readymade Companies in many European jurisdictions.
This depends upon the jurisdiction in which you form your company. Most countries do not require renewal of services. Please ask for further information regarding this when you send us your enquiry.
Yes, we provide accountancy, taxation, payroll and bookkeeping services in all the countries we cover. This applies to legal and office services as well.
This is due to EU money laundering requirements that we must adhere to. Banks are subject to the same requirements.
We can provide local accountants who will undertake this service on your behalf and fulfill all tax and accounting requirements for you.
Yes, all countries in Europe allow none EU residents to expand their business into Europe. However you may require a visa to be employed by your company, and there may be other requirements, depending on the jurisdiction.
Yes, in most countries this can be used once the company has been incorporated. However, please note that the funds are blocked until the company has been incorporated.
Should you have any further questions, please consult our Contact Us page.