ACG Business & Management

General
If you have a long term vision for your business, if you have European residence, if the majority of your clients are European, then the UK is your ideal solution.

Great Britain is in no way an offshore haven, but rather an open and protective state as far as the freedom that every entrepreneur needs in order to carry out their plans is concerned.

For this reason, creating a new company in the UK represents an efficient, profitable and legal solution in accordance with the 11th European directive (ref. 89/666/CEE). This directive states that each individual in the European Community has the right to found a company within a member country of his choice, although he doesn't need to live there.

The " Limited Company ", structure in UK legislation, offers significant advantages to the entrepreneur whether in terms of tax obligations, double taxation treaties (the UK is one of the countries which has entered into the highest number of double taxation treaties), personal responsibilities in case of insolvency and capital deliverance.

Given these advantages, the structure called" Limited Company " can easily be categorised as an ideal instrument for the entrepreneur who wants to grow within a European legal framework without worrying about cumbersome legislation and heavy investment requirements.

Companies
In the UK there are several commercial structures, for example:

Public Company Limited, close to the SA structure in the legal systems of other Latin countries in Europe.
Limited Liability Partnership, equating to a partnership with limited responsibility (LLP); this is like a normal company, but provides greatly reduced personal liability of each partner in relation to the company's debts.
Private Limited Company, close to a SARL structure which has been very successful for many years in the Latin countries of Europe.

Two criteria are important:

The choice of the country in which the company structure will be constituted .
It is obvious that the UK is the ideal country to set up your new company, if you consider openness, taxation, social burdens, economic climate and international status.
Respect for the European law and the national laws of each country with regards to the true geographic location of the business activity.
It is essential to study in great depth how to create the structure which suits to your situation and how to run your business lawfully in order to protect your current and future financial situation. In conclusion, it is indispensable to select the right representative.