Before you set up a company or even choose a jurisdiction, you need to plan a corporate structure for your company and, on that basis, determine the purpose of the company you want to set up. Understanding your company's business structure is important as it will determine the jurisdiction and type of company you choose to best meet your needs.
As different legal persons are usually subject to different taxation rules, it is essential to have a clear idea of your company, including its field of activity and company structure. For tax planning reasons, it is crucial to choose the right legal form for your company; Otherwise, you risk additional costs that could easily have been avoided. In addition, some types of companies have certain restrictions on accepting new business partners or third party investors, which can be problematic if you want to work with invested capital. One of the most important aspects is owner liability: different legal entities have different levels and mechanisms of liability for the entrepreneur in relation to the company's relationships with third parties. To avoid unnecessary risks, we strongly advise you to think twice before choosing a legal form.
The legal structure of a company relates to its internal composition and its management and control bodies as well as the liability of the owners towards third parties. On this basis, we can offer you the following legal corporate structures:
Limited Liability Company (LLC) Public Company (JSC) Limited partnership (LP) Limited partnership (LLP) Foundation, endowment Open trading company (GP) branch office Representation to trust Confidus Solutions offers you in-depth legal advice on business and tax planning strategies as well as advice on a suitable legal form for your company. As each type of business has its own advantages and disadvantages, we strongly encourage you to contact us before proceeding with the business incorporation process.