Starting up in a new country can be challenging, with new rules to follow. LegalGenius™ can be your guide to ensuring that you meet all your accounting and tax requirements in each of the jurisdictions we serve and get the information and support you need to run your business.
Are you considering selling your products or services internationally? Are you looking for non-domestic suppliers or even to start your own manufacturing operations overseas? Or are you a business exploring the possibilities of the world’s largest market? Do you need a business plan to start a new venture in Africa, Europe or South America? Today’s business environment is increasingly international, and both start-ups and existing businesses ignore that fact at their peril.
Our team of experienced business plan professionals can help you navigate the complexities of doing business internationally. Whatever opportunities you are chasing, or problems you are facing, the chances are we’ve been there before.
How We Can Help
Expanding your business internationally means adding multiple levels of complexity to your existing operations. Cultural differences, currency risk, seemingly endless and irrational government regulations — these are just a few of the issues you will have to deal with. Whether you are looking for a full international marketing, finance or business plan, or just need help sorting out your international strategies and operations, we’d like to talk to you about how we can best help you meet your goals.
VAT and Tax Registration Services
VAT Registration in Foreign Jurisdictions
For companies considering global expansion, or for those that have already discovered the vast opportunities of new markets, understanding their Value Added Tax (VAT) or Goods & Services Tax (GST) obligations throughout the world can be incredibly complex and distracting.
Many companies face stringent VAT compliance requirements as they commence trading abroad. Whether providing goods and services across international borders, or shipping products abroad to an overseas warehouse or fulfilment centre, providing digital services to other businesses and consumers, or a host of other scenarios, they likely have a VAT burden. LegalGenius can help with your VAT or GST compliance
Our global VAT and Taxes Services offer:
• specialized outsourced VAT or GST compliance.
• access to local VAT experts that speak the national languages and can confirm your reporting obligations in any country.
• speedy VAT registrations and ongoing filings, Intrastat, EC Sales Listing, as well as fiscal representation and access to special VAT import deferment schemes.
• expertise and assistance in the case of questions from the local tax authorities, including managing any audits.
Each country or legislation has different rules about which expenses are recoverable and the rules can be complex. We can assist you to assess any VAT refunds and can compile and submit these claims to the relevant tax authority.
Company Secretary Service
LegalGenius provides a fully outsourced corporate secretarial solution or a part-time Company Secretary, in addition to ad hoc support for transactions and projects and busy periods.
Our mission to provide this service is to assist businesses who face an ever-increasing regulatory burden. We advise our clients on existing and upcoming regulation and how it will impact them.
Our team specialises in providing the following services on an annual basis.
• act as Company Secretary
• provision of Registered Oﬃce & Directors service addresses
• prepare & ﬁle the Annual Conﬁrmation Statement with the Registrar of Companies
• prepare & ﬁle the Annual Statutory Accounts with the Registrar of Companies & HMRC
• hold the Registers of Directors, Shareholders and Persons of Signiﬁcant Control
• advise on compliance with the Companies Act.
Each country has its own legal procedure to formally close a business. As a business owner, you may informally choose to halt all business activities and/or stop renewing your company annually. It is not a good way as your company does still exist, and you are still responsible for fulfilling your company statutory obligations and future liabilities. In addition, failing to comply with local regulation to maintain your company such as filing annual return, tax, accounting, or auditing… would make you liable for potential government penalties and conviction.
Procedures and timeframes to legally dissolve a business differ from country to country and need to be prepared properly before going through the process. Our company dissolution and restoration service can help you to deregister your business following a well-organized step-by-step guide, which can be executed easily, and complies with all local regulation. In case you want your business back, we can also support to reinstate your company.