Kerry's first business is an International unification of companies and non-commercial organizations. Today Kerry's first business is more than 200 companies-partners and Representations in more than 40 countries all over the world. Long work experience and the resources available allow us to realize different international programmes. Within the framework of one of such programmes we render assistance to the entrepreneurs and companies willing to set-up a company or a Representation in Germany or other countries of the European Union, China and etc. We offer a full range of services in supporting and running these companies and their representative offices as well. In addition to creation of commercial structures we also render assistance in foundation of funds, unions and charity organizations operating on the territory of the EU. The participants of such programmes have the opportunity of obtaining a residence permit in the EU. Besides all this we render qualified assistance in the questions of buying and renting real estate in EU and other countries.
We offer:
Running the companies (accountancy, legal aspects, working with correspondence, providing with premises, telefones, faxes, e-mail, post address).
Selecting office and industrial premises.
Selecting and providing with qualified personnel.
Market research and establishment of business contacts.
Renting and providing with apartments.
Purchasing businesses and companies.
Consultations concerning the questions of receiving credit and capital depositing.
Obtaining a residence permit.
Full range of services in integration and immigration.
Call us and your plans come into reality.
Currently there is a real chance in Germany and other EU-countries to establish a company, the founders of which are the foreign companies´ citizens. The most common form of such companies is a limited liability company. Owners of the company may be one or several persons. The financial liability of the owners is limited by their deposits into authorized capital.
For foreign entrepreneurs the establishment of their own company in Germany makes it possible for them to work as a subject of the economic structure of the EU-countries with all economic regulations and laws adopted in the EU effective for them and giving the opportunity to develop business successfully as well as tax and customs privileges, opportunities of investments and expansion of business activity.
You may become an equal partners of the largest European companies and corporations and work with them in equal conditions that may be more complicated if the company is not registered within the EU.
Currently European Union is a leader of the world economic system. High quality of the produced goods and services in different branches of economy and industry wins EU a fame as one of the most developed region of the world. Transnational corporations like Renault, Phillips, Adidas, Armani, Siemens, Mercedes, Hugo Boss, BMW and others keep firmly the world leadership. A base for success is a state policy giving opportunities for the development of both small and medium-sized businesses, in which up to 80% of the population is occupied, and large business.
The favourable conditions are being created in EU for more rapid registration of companies and giving them an opportunity to start business activity in short terms. The registration of companies in EU gives an opportunity to receive the work permit by the company´s members including the foreign ones.
There is a low taxation in EU in comparison with other countries. There are also other conditions, the fulfilling of which allows to reduce the expenses for running the company and taxes considerably. The firms and companies registered in EU can be granted credits as well as the opportunities of financing and leasing equipment, machinery and technologies necessary for the effective activity. Also the companies registered in EU can become members of the consumers unions of the EU-countries, that gives an opportunity to receive goods and services on more privileged terms compared to foreign firms and companies.
Enterprises exist in form of ordinary partnerships and joint-stock companies in EU.
Sole proprietorship ?a single enterprise. The owner, as a rule, is one person bearing personal financial and legal responsibility for the company´s activity.
Non-trading partnership (GbR) ?society of a civil law. The owners are two or several founders, being the representatives of non-trading professions, like lawers, architects, designers, engineers, economists etc., bearing personal financial and legal responsibility for the company´s activity.
General partnership (OHG) ?general trade society. The owners are two or several founders, dealing as a rule with trade. The founders are bearing also personal legal and financial responsibility for the company´s activity. General parnership is to be entered into trade register.
Limited partnership (KG) ?limited society. The ownes are two or several founders. One of the founders is an unlimited partner bearing personal financial and legal responsibility for the company´s activity and a limited partner ?a co-owner of the company bearing financial responsibiltity only in the extent of the capital he deposited in the company.
Joint-stock companies:
Limited liability company ?is a society with a limited liability ?the most often used form of an enterprise in EU. A limited liability company as one of the varieties of a joint-stock society is a juridical person and must have an authorized capital. The founders and owners of the limited liability company may be one or several physical persons or/and juridical persons. The owners (founders) of the limited liability company appoint one or several managing directors of a company. By the time of the company´s registration a managing director should be a EU citizen or have a residence permit giving him the right to be a managing director. All limited liability companies are to be entered into registers.
Public limited company ?a public society may consist of one, several and large quantity of share holders. The authorized capital of a public limited company depends on law in the EU-countries where you make the registration. In case when there is a small number or a large number of share holders, a board of management is organized, carrying out the management of the public limited company. Also a so-called supervisory board carries out control over the board´s activity and presides over a general meeting making the main decisions and defining a direction of the activity and the development of a public limited company. Public limited companies may be public and closed.
All mentioned ordinary partnerships and joint-stock companies are the most often used legal forms of firms and companies for carrying out the entrepreneural activity in EU-countries.
As it was mentioned above, a limited liability company is one of the varieties of a joint-stock society being a juridical person with an authorized capital, consisting of a founder and a managing director. The owners may be both EU citizens and foreigners. By the moment of registration a managing director must be a EU citizen or to have a special residence permit if he is not a citizen of EU, giving him a right to be a managing director. If the founders do not have an appropriate candidate, we are prepared to render assistance in selecting a managing director.
The agreed before day the founders arrive in Germany (using private, tourist or business visas) for registering the documents in a notary office.
If it is impossible for one of the founders to arrive in Germany, the Representation of his interests by the other person by power of attorney is possible. Starting from the moment of signing the documents in a notary office the company can carry out financial and commercial activity. However a limited liability in duties and obligations comes only after the registration in court and the company´s entry into trade register, that takes as a rule about 2-3 months.
Once registered the documents by a notary the founders open a bank account and deposit an authorized capital amounted to 25.000,00 Euro (25.000,00 USD) in it which must have been on the account for at least two days.
After registration a limited liability company is entitled to issue business invitations for obtaining single (up to 3 months) and multiple visas (up to one year).
Provided that certain conditions are fulfilled, the owners of a limited company are entitled to apply for providing a residence permit for them and their family´s members.
For carrying out the majority of the activities a limited company does not have to get any special permissions. In cases when they are necessary we are prepared to render a feasable assistance in receiving necessary permissions and licenses.
For preparing the required documents connected with a limited company´s registration we would ask to provide the following information:
Full names, addresses (with latin letters), numbers of passports, profession of all the founders and the managing director.
Volume of the authorized capital and its sharing between the founders.
The list of planned activites.
The suggested company´s name (adviserably 3 ?4 versions in order of preference)
Registration and leading of a foreign company´s Representation in Germany and European Community
We are informing you regarding the activities of foreign firms and companies´ Representations on the German and European markets. In this case it is the question of foreign companies´ representative activity on the territory of Germany and the EU without a legal form to be created(ltd, public limited company etc.), that reduces registration costs and monthly expenditures for running the company. If a company needs to be represented on the economic market of Germany and the EU that is shown in business corresponding, mail receipt, conducting of negotiations, carrying out business projects on the territory of Germany and the EU as well as arrangements implying profiting, we offer organization of the company´s Representation which will have a legal address, telephone, fax, e-mail and an employee dealing with running the company in Germany and the EU.
The support of the Representation includes: working with coming correspondence (not more as 20 documents in a month), providing with necessary information per telephone and so on.
When execution of the additional work is required, it is to be agreed on costs additionally in each separate case.
A company having a Representation and willing to carry out commercial activity on the territory of the EU, must have its number in the tax and revenue office of the EU, using which all its financial operations on the territory of the EU will be registered. We can render necessary assistance in receiving this number.
For organization of the Representation activity it is required to conclude a contract with our company and to fill in the form. The Representation´s activity starts after payment for registration and for the first month of work has been effected.
Foreign companies´ owners have an opportunity to come to the EU using business visas under condition of staying in the EU not more than 180 days a year. Dependent on different conditions of a company´s activity owned by foreign citizens, they get an opportunity to apply for getting first a temporary residence permit (one to five years), and then a constant residence permit. The temporary residence permit gives you a chance of coming to the EU without a visa, of the constant uninterrupted stay in the country (for the term of residence permit validity), opportunity to work in your own company, renting / purchasing an apartment, medical and retirement insurance. Provided that you have worked in Germany 5 years and more, you have a right to get a pension, to be educated free of charge at school, in higher educational institutions, to receive different kinds of income support and many others. Provided that you receive a constant (life-long) residence permit, for instance in Germany, you get the equal right as of German citizens or of any other country of the EU. Besides if you wish, you keep the citizenship of the country where you came from. On expiration of ten years of your staying in Germany, you are entitled to apply for receiving a German citizenship, as well as you family members.
Offshore companies
Nowadays offshore companies remain one of the most attractive tool of reducing taxation. Offshore companies can be divided into two groups: classical, i.e. companies which are totally free from taxation (Belize, British Virgin Island, Dominica, Seychelles and others) and companies registered on the territory of low taxation zone (Cyprus, Hong Kong, Switzerland, Luxemburg and others).
Offshore zones are represented a high level of banking and commercial activity. This is related to the fact that according to the legislation of these countries, if a company registered in the countries having the offshore tax law doesn’t run business on the territory of the registrar-company then it is free from all kind of taxes. Besides founders or shareholders have a possibility to own a company anonymously, i.e. data about the owner of a company are not published. Data of the county are characterized by the simplified registration procedure of a company, lack of currency limitation, the nominal capital is announced declared, i.e. it doesn’t need de facto placing to an account. Financial accounting is declared once in a year or a company can be free from declaration of tax return.
The offshore company is considered to be totally registered when its owner got the certification of registration, the protocol of directors?assignment, article of the company and the constitutive agreement.
We wish you every success!