PANLEGIS - Company formations made simple, quick and inexpensive!

Posted: Jan 19, 2010 |Comments: 0 | Views: 116 |

Company formation agents, as the name implies, are experts in incorporating and registering companies.  Thanks to the growth in the number of such specialized services, and the increasing standardization in company formation, the cost of forming companies in Europe has dropped dramatically over the last decade.

There are too many variations of these basic company types to review here. Depending on your jurisdiction you can have private limited companies, public limited companies, limited partnerships, tax transparent limited companies, tax transparent unlimited companies, and so on and so on. PALEGIS can provide you with further details. One of the most important points to consider is what (in any) the minimum share capital requirements are. In some jurisdictions the capital requirement may be nil, in others it may be more than EUR 10,000.

Within EU / EEC, Panlegis has come up with an ingenious scheme that allows you to register a UK Ltd company (where there are no minimum capital requirements) and use it through a branch in a country like Sweden where there are high share capital requirements.

A good formation agent will be able to register your company within hours. In some countries papers cannot be sent electronically to the registrar, which obviously delays the process. PANLEGIS is online with Companies House in the UK – so there the process is almost immediate.

In most countries your formation papers will consist of two separate documents: the memorandum of association and the articles of association. The Memorandum is a document where the initial shareholders agree to be “formed into a company” (they agree to participate as shareholders), and the articles are the by-laws that regulate how your company will be run. A good formation agent will be able to advice you on important issues to be discussed before drafting these. PANLEGIS will usually ask you to think through issues such as preemption rights and voting rights.

When you receive back from the registrar or your formation agent, review them closely to make sure all the details are correct. If your agent has done the whole formation process your will usually be ready to start doing business. If your agent has provided you with documents to be signed and sent, you may have to wait for a formal company number and a Certificate of Incorporation to be returned to you.

Do you look forward to register a company? Herein, you can find some useful tips and a company name that assist the clients with best company formation services. PANLEGIS, Europe’s largest company house entitles qualified company formation agents for the task.

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    An experienced company formation agent will take care of all sides of your company registration – from suggesting M&As;to registering with the national registrar of companies.

    By: Joakim Gustafssonl Business> Managementl Dec 24, 2009 lViews: 121

    PANLEGIS is well known for its cross border formation services. Offering formation services in Norway, Sweden, Germany and the UK, the company has focused on simple company formation services under the EU freedom of establishment.

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    PANLEGIS is well known for its cross border formation services. Offering formation services in Norway, Sweden, Germany and the UK, the company has focused on simple company formation services under the EU freedom of establishment.

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