Before incorporating a company, or even choosing a jurisdiction, you need to plan a corporate structure for your business and, based on this, decide the purpose of the company you wish to incorporate. Understanding the business structure of your company is essential, as it will determine the jurisdiction and type of company you choose in order to best meet your needs.
As different legal entities are usually subject to different taxation rules, it is essential to have a clear vision for your company, including its scope of activity and corporate structure. For tax planning purposes, it is c
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Business license is a specific document that allows running business and operating in specific business field. Generally, the license is issued by the government, agency or governmental institutions. The necessity for obtaining a license before starting particular business usually is defined by law.
Running business without a license, when the law requires obtaining the license, is illegal and the government inspector may impose a fine, require stopping activities and obtaining the necessary license. Licensing usually refers to specifically regulated business field, such as banking, tradin
Running business without a license, when the law requires obtaining the license, is illegal and the government inspector may impose a fine, require stopping activities and obtaining the necessary license. Licensing usually refers to specifically regulated business field, such as banking, tradin