Establishing a company abroad in order to keep up with the dynamic change of the globalizing markets with the developing world may be beneficial for your commercial work. The legal order and security of the country where you will establish a company is as important as the commercial market. The United States and European countries are among the preferred countries in this respect. In addition to these, in the country selection; Many factors such as tax advantages, ease of installation, grant and support packages, global commercial reputation, trade facilities with contracted countries and unions, ease of residence and visa should be evaluated together. As you should think about the market of the country where you will establish a company, you should also consider the power of reaching global markets from this country. One of the most important factors in this regard is the e-commerce network and should be studied well.
When all these analyzes are made, the two prominent countries, Germany and the USA, are generally preferred. In addition to global markets, it is possible to reach especially America and East Asia regions through the USA, while it is easy to reach Europe, West Asia and the Middle East regions through Germany.
We can compare the four most preferred company types in Germany to the companies in our laws as follows.
AG (Aktiengesellschaft) - Joint Stock Company
GmbH (Gesellschaft Mit Bescrankter Haftung) - Limited Liability Company
UG (Unternehmensgesellschaft) Small Limited Company
Einzelunternehmen - Sole Proprietorship
The preferred companies in the USA are as follows.
INC Corp (Business Corporations Incorporated) - Joint Stock Company
LLC (Limited Liability Company) - Limited Liability Company
SP (Sole Proprietorship) - Sole Proprietorship
You will need to choose the appropriate company type based on the nature of the work you will be doing. Similar to our country, a sole proprietorship will be established at the lowest cost, with high responsibilities. In general, sole proprietorships and limited liability companies can be established for a few hundred dollars. When establishing a company, it will be useful to consider the tax rates that vary by state. In your commercial activities, you can increase your company income by using the support and tax advantages that vary by country and state.
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