Posts Tagged ‘Company Formation’

How To Form A Ltd & Co KG Company In Germany

If you own a private limited company registered in the UK and want to open a branch office in Germany, then forming a Ltd & Co KG would be a feasible option, as you can reduce the risk of personal liabilities.

Ltd & Co KG is much like the GmbH, which is the German version of the Ltd KG, but the registration process of the latter is much quicker. You can enjoy the full benefits of an LLC, but with just a capital requirement of 1 EUR instead of 25,000 EUR needed to start an LLC. You have absolutely no personal liability risk for debts of the company. A formations company such as the likes of Panlegis can get your Ltd & Co KG registered within the day, thereby doing away with the waiting time that it takes to process the documents.

Anyone with a good business venture but wanting to limit personal liabilities would benefit from the Ltd & Co KG. There are several other benefits that one can avail oneself of when forming a Ltd KG. With companies like Panlegis to help you acquire quick registrations of overseas branches without using the expensive services of lawyers and consultants, you can get a Ltd & Co KG registered in a matter of hours. Why let the burden of personal liability weigh you down? Get a branch office registered in Germany today with a minimum investment but with a huge number of benefits to enjoy. If you are already thinking about it, but cannot find a formations company to get ahead with your plans, you can begin by looking online, as there are several to be found on the Internet. For starters, you might want to take a try with Panlegis.

Requirements For Setting Up NUF Company In Norway

To begin with, only a private limited company registered in England or elsewhere in the EU may register the NUF selskap. When you register your NUF, you will be handed over a Norwegian organization number, which will be required for all kinds of documentation, letters and notices that concern the branch office. Apart from this, the documents must have the name of the NUF, its business type and the name and address of the head office including its country of registration. Your NUF selskap must be in operation for at least over six months for it to be a valid branch.

The NUF according to Norwegian company laws must maintain their accounts, as an annual audit is necessary, which must be submitted in Norwegian and shown in NOK (Norwegian currency). An operative NUF selskap is liable to pay tax in Norway irrespective of the fact that its main office is registered in another country. You need to hire an auditor who will maintain details of all accounts in accordance to Norwegian bookkeeping laws. However if your NUF does not have an annual turnover exceeding NOK5 million, you do not need to hire an auditor for your annual audits.

For a more detailed structure of the applicable rules and regulations, tax liabilities and other company laws, it is advisable to consult a company formations agency like Panlegis. They will not only guide you the right way, but will also help you acquire a proper and legal registration as well as aid in setting up your NUF successfully in Norway.