So you're an entrepreneur. You have a great idea. You have money to invest and people that want to invest in you. How do you change your dynamic idea in to a dynamic business? Forming your own company can be fraught with legal pitfalls at the best of times, but if you are thinking of starting a enterprise overseas, the red tape could be enough to tie you in knots. The best way to find a way through this tangle is with the help of a company that specialises in the formation and incorporation of business ventures worldwide.
The befit of seeking the help of such an agency is that they have a whole team of dedicated professionals that have come together to pool their knowledge and experience to help pave the way painlessly. Lawyers, real estate agents and accountants work on your behalf to write contracts, set up bank accounts and source office space. This ultimately saves precious time and money as you yourself do not need to be jetting around the world to make all the arrangements personally. Having a representative working on your behalf will prevent costly errors and leave you free to concentrate on the core of your business, which is what really matters.
First of all you need to decide where you want to form your company. This is the first port of call for utilizing the help of the hired team. Depending on the type of business you are in and the reasons you wish to form a company abroad, different countries will give different benefits business wise. There will also be varying criteria regarding the number of shareholder sand directors in different countries that could affect a decision on where to locate the new or existing venture. Another important factor that could influence a decision is that the country that the business is based in can influence potential investors and creditors. Some countries are entering a new era of successful trading in the world market whilst business premises and labour are still cheap.
Locating in one of these countries could be a wise investment of company money and has the potential to reap great rewards. There is always an element of risk though, and this is where the team working on your behalf can advise you, as they will have been studying the markets and trends for many years. Sometimes it is beneficial to set up where there is an established and steady market to boost the professional impact of your business. First impressions can be everything, and sometimes being situated in a prestigious location can give the business the credentials to impress clients.
A company formation service can arrange an office location with a prestigious address to suit your needs. For example, if you wish to be high flying in Manhattan, then setting up business through a US agent will get you an address to be proud of. If relocating is a problem, but you still wish to have the benefits of a Us based office, then a reputable agent will be able to arrange that for you too with what is known as a virtual office.
Rather than having an occupied space, it can be arranged that a virtual office is set up on your behalf. It will be set up with a forwarding service for all calls and emails and faxes to anywhere in the world, giving you the opportunity to run a New York based business from a beach in Barbados! The plus points of this service are that your business will have all the benefits of trading in that location and give clients and investors the impression that you are physically trading from that location; a business solution that would be impossible without the help of a company formation agent.
Shaun Parker is a leading business expert with many years of experience in the company formation industry. Find out more about US company formation and to get all your comapany formation questions answered at Start an American Company.