English SL (Ltd.) - Overview
IAS Incorporation
-
ATTRACTIVE BENEFITS OF A SPANISH SL (Ltd.)
English SL (Ltd.) - Overview
The English GmbH for German small - and medium-sized enterprises (SMEs), craftsmen and service providers without a master craftsman, for freelancers and property buyers advantages in telegraphic style: before + + + protect against the threat of litigation risk + + + imminent warranty claims + + + protection Produkthaftungsansprü Chen, competition cautions, + + + Protect against the threat of bad debt + + protection against product or threatening industry and Marktververfall, threat of recapture, property and income losses - against the unauthorized immediate creditor access by the creditors and German insolvency law + + + protect against the threat of recapture and asset or income losses + + + No criminal or civil liability in the bankruptcy for the GF of a English corporation! • In the comparison to the German GmbH-up, you pay only a fraction-only € 1990 in total, including SL-share capital. · SL-capital only € 3006! * This can already be used up for the start-up costs! * Included in our package fee, that is presented to us! OTHER SL-ADVANTAGES: It is possible to complete anonymity of the owner of SL + + + The owners of the shares are anonymous + + + Do not pierce the corporate veil, as enshrined in the German GmbH law. + + + GF and shareholders are not liable for the debts of the SL, or only in the amount of the capital! (Only € 3000.00 and this can be offset in the foundation already!) + + + Tax Advantages Buying property + + + economic opportunity for a fresh start after bankruptcy in Germany / in case of imminent insolvency assets can be transferred promptly to the parts of SL are + + + These advantages even with a SL-Annual ftstätigkeit to include establishment and GF in Germany and a disadvantage of the ger GmbH towards the SL (EU / Federal Court decisions).
SL FORMATION OF SPAN. IAS OFFICES
About IAS partner, you receive the serious Lawyer and founding partner! + + + + + + At special rates
founding English GmbH (SL) A English GmbH is an internationally recognized legal status. The Sociedad Limitada (SL) has a registered capital of 3006 € , which must be demonstrated in the establishment. may then the capital of the English SL, however, immediately taken back, nor shall it be consumed for the actual foundation.
The English SL may have one or more partners, the Spain-GmbH can therefore also with only one partner as "one-man Gmbh" be established. This will be done not only Spaniards but also for example in German question.
To incorporate your company in Spain you only need a NIE (Numero de Identificación de Extranjeros). There is however a little trick without NIE: let a person with a English or NIE reasons (for example, one of the founding agencies), the first SL to another name, and then the OB ; transfer of GmbH shares you. For this NIE is not required and the transfer must not be entered in the register (This is possible, however). That is, if you do not want it, this transfer of the shares will not be viewed in the register of another, there are therefore no conclusions about the true ownership possible.
- Working in Germany: With a English GmbH in Germany and work out as easily as with a German company. The English GmbH is accepted worldwide, both by business partners as well as the (German) authorities, such as from the tax authorities. The existing between Germany and Spain Double taxation agreements are German entrepreneurs the opportunity to a representative office or a limited liability company as a principal or branch office in Spain, Germany to set up . With a shell company that has nothing to do, of course.
A English GmbH offers many advantages. The liability is to the capital stock - 3006 € - limited a piercing the corporate veil was not found on the manager as in Germany.
addition is for a company in Spain handled the dismissal of business expenses much more generous. Spain offers a comparatively low corporate taxation, which may offer in combination with the various possibilities for tax deduction of costs large financial benefits.
The foundation of a English SL is relatively straightforward, for establishing a business in Spain you do not even have to travel to Spain: You can set your company can also, for example from Germany, Sun Kö ; you to place your English SL easily found online from home. Ideal combination of U.S. AG (a holding company) with access to private investors PLUS English GmbH (SL) - anonymous to founding
Case study 1 from our blog IAS Liechtenstein
trading business (export / import) example, settled such a way that most of the gains from an own company resident in a low-tax country is produced. The parent could then corresponding income shares are made available in loans. Last but not least, the loan interest as an expense at the parent company to sell, resulting in a lower tax burden with the result. Example: A English company produces electric calculator and sold them to the domicile of the company owned company in Liechtenstein. This has taken over the distribution and supply the foreign market with computers. For their profits, they pay no income tax €. Because it makes no distributions to the mother in Spain, their yields remain in full to receive expansion purposes. They may allow the parent company a loan to enable it to expand their factories. The resulting interest due reduce the taxable profits of the parent to remain in Spain and Liechtenstein in tax free !
- Here is a report of a Insider Expert:
By Horst D.
If you no longer like the way the state deals with small and medium enterprises, but then you meet him there, where it is most sensitive: the tax revenue!
With the blessing of the European Court today you have to use the opportunity to develop a framework of other EU states. Instead of subsidizing of obsolete German trapper-law, the growing juggernaut officials no longer competitive in your state, just use a different Legal system that guarantees more freedom and less money is satisfied.
your company can work in any EU country. Also like to continue in Germany. The difference is that the seat is no longer in Germany. There you have either a representative office (for services such as consultancy, advertising) or a branch. What are the big ones can, you can now!
With SL you can easily operate your business in Germany
While a normal business on the ubiquitous advertisements for English Limited's starts, professionals rely on the "Sociedad Limitada "or just" SL, "the English version of the Ltd. has the capabilities you seek in vain elsewhere. English law is good, English law is easier and better. In contrast to the German GmbH's liability
is really in the SL is a company without liability. The Managing Director works virtually liability free.
If you want to work in Germany and have no experience in Spain, Palma de Mallorca is the ideal location for your SL notary, lawyer, and tax consultants are experienced and respected English, who also speak good German. In two hours you are cheap in Palma and speakers with their advisers in your language. A visit once a year is enough. Most wrap from Internet, fax, phone and email.
Why not a German businessman should rely on a limited company may
In Palma de Mallorca, I tell you everything open, which prevents me in Germany, the legal advice Abuse Act. This law is unique in the world. It was invented by Hitler to Jews from the judicial service away. Today it is using the state to criminalize the people better. It makes everyone a criminal, the other is a right tip, without his lawyer. I rather think the German state wants to protect you against in education and in fact better alternatives for you to tap as an entrepreneur in the LLC trap. Example? Are you
GmbH Managing Director and to seek a larger order. Since the client requires collateral and you really want the job, you say: "You know me
and know that you can rely on me. I've been doing it. "
you know that you are solely responsible for this statement in an insolvency of the company with your personal assets? Managing an LLC liable for minimal carelessness. is extremely critical to preserving capital for breaches of duty. Ignorance is no excuse here: you must know more than 1,500 paragraphs!
In your German GmbH, you are responsible for everything. build Even if employees crap. For all you can be brought to justice, says the Federal Court.
is compounded by a law of which you've probably never heard of: The Law on Control and transparency in companies. It requires comprehensive risk management. Power Managing be errors, he sticks with his private fortune.
Only if you love the risk of losing everything, a limited liability company is right for you are not
reasons for a limited company to me. Unless you miss the sword piercing the corporate veil, so you can better lay hands on your personal assets and your retirement, or you do not represent the rare opinion that what is wrong, when in other countries less ü ; berflüssige Laws exist. Or you miss your guild, trade association or cooperative, lie-ben, you can not talk with auditors to the deduction of a document to get to 6 years before the Federal law, right?
Conclusion: Only those who love the risk of losing one day to return all that he has built up, for which there is really nothing better than a German GmbH
caution Founder: often lurk hidden costs
their business counterparts in other EU countries can only laugh. No wonder that in Germany the legal forms of other countries are becoming increasingly popular, to your liability risk virtually to zero. Offers this can be found in great variety in the Classifieds section of the FAZ or the "world" under "business contacts. The company's founders to outdo each other because their business are the costs. Behind many opportunities to hide from rat tails to set cost for anonymity, overpriced trustee, Apostilles, annual resolutions, tax returns and other frills. This can get very expensive.
Who is the English form of the GmbH, laughing all the earlier ones. For the English SL really is a private company without liability! If you want to take a decisive step towards your freedom as an entrepreneur, you reduce your liability risk by an SL set for your business or transform your GmbH in one.
Well, you will agree, nothing is more risky than a German GmbH but why is it then that a English SL so much more advantageous?
apply for English companies, the laws of Spain. Of course, the German legislature has not accepted without a fight. But the battle before the European Court of Justice has lost. And the Federal Court has forced his blessing have to give. With a foreign company in Germany, you have two powerful allies: the European Court of Justice and the Federal Court.
With a English SL, you create the conditions that you broke your country no longer able to insolvency traps you in an emergency could make a social case.
wichtgsten The advantages of a English SL at a glance:
- The required minimum share capital, is only € 3005 and 6 cents, which is only during the creation process on an account.
- In the commercial register will be entered only the name of the founder. If the company shares sold then, this appears in any register. You have to practice in a completely anonymous society.
- With the 1990 € is the foundation of SL very inexpensive. The required consultation is already included in this price.
- Low corporation tax 25 percent. Losses is more than 15 years possible. No business tax, not a constructive dividend. The wealth tax was abolished.
- There are many more opportunities than in Germany, profit to press to a minimum!
- In practice Spain is in an audit extremely unlikely.
- No letter for conditions such as master craftsmen, no professional association, not a trade or craft room, less bureaucracy.
- with the right statute, the SL text can handle all license-exempt, without making small changes due to the notary must. This saves often exorbitant legal fees for amendments.
- DieUmsatzsteuer ID number is issued by the tax office at the foundation. So the company can immediately take action.
- No notification of insolvency within 3 weeks as in German GmbH The manager is not one foot in prison because he was so missed a deadline.
- exemption of the owner of English social security. No articles in the bottomless pit of a pension scheme.
- possibility of private health insurance in Spain from about 45 € a month.
- If processing time of 24 to 48 hours is possible as a SL flash creation .
From theory to practice: As the foundation of such a SL runs
the beginning, the acquaintance and a comprehensive consultation in Marbella and Palma de Mallorca. You learn quite objectively, how it works in Spain, and then in practice in Germany. If it turns out that SL makes no sense for your purpose, I tell you this quite openly. Of course you may incur in such a case, no consulting fees.
Choose to a foundation, you pay the processing cost of 1990 € (full price including all fees). Or you can do Share capital of 3006 € not afford, I imagine it ready. For this service I charge 300 euros.
- The name as a future owner need not appear in the Register! In principle, this is an anonymous foundation.
Your company based in Palma is not a shell company, but a real presence in a representative office, as you will see for yourself. Office services with telephone, fax, English Internet domain and e-mail address as well as mail forwarding costs € 100 flat rate per month.
When income is It can do much scope for optimal design
course you do hold the shares. If you want to avoid this and to remain 100 percent anonymous, a partner at the time cost 50 euros a month.
The Geschäftsfühlung is transferable at any time when the future CEO have a English tax number. I do need a certified copy of passport with apostille, the processing takes 4 to 6 weeks. If you previously a manager need for time, its cost of 100 € per month.
is very important advising on income. You have the choice not to make himself as a manager in your SL, or you can hold that office for volunteers and to seek not get paid by the company. This opens up many opportunities for an optimal design of income.
If you are not earning money, you get distributions only. You only pay taxes on those distributions. These are subject to a capital income to income tax. You can transfer an advance on your monthly payment, the year-end resolves.
This is also true for German entrepreneurs who continue to live in Germany, but under a English SL work in Germany, such as craftsmen, service providers, industry, etc. However, if you
SL-bills with the correct term performance of a particular country can provide, pay no tax, because it also eliminates the corporate income tax in Spain for lack of profit.
creditors who want to pledge the shares of your SL go away empty-handed .
If you are interested in Spain, you should know that the English Law does not provide for trustee . Enterprising German prosecutors, who have settled in Spain suggest, often a trust-circumvention agreement because they want to do business. Such a contract serves you nothing, because the trustee the trustor has always in his hand. So there must be another serious solution. Exactly I have.
When I officially say after its founding, the company selling the actual owner is not the reporting requirement. Who still wants to remain anonymous, for whom I have a very simple solution.
- Without confidant, trustee, fiduciary or similar bypass contract. In order to go from creditors always empty, if they want to seize as the shares of SL.
Some other things you should know before establishing
- A English business bank account opened before the founding with payment of registered capital. The SL can therefore already from the Griindungstag to conduct business without any risk of liability.
- A German business bank account can be opened to the English Commercial Register after the registration of the SL.
- A English private account opened in the presence of the customer. This is done not at the commercial bank to come forward to maintain a separation between the private and business.
- a Visa credit card you can request within about a week after your account is opened.
Important points are also the exemption from the Social Security (or cost savings: about 250 € a month) and low-cost accounts at the request of a English private insurance.
this and what it all is important to note some of the many points that we will be talking about. There are many alternatives, you should know, so that comprehensive advice.
Note: Horst D. is a business consultant and president of the entrepreneurial network. What he suggests here, he practiced himself for 11 years and set many of his customers it with success. If you are interested in the issue of establishing a company-SL in Spain, you can reach it in Palma de Mallorca, or through us in Marbella.
- Contributions to the English SL and their advantages such as the Housing Department
The advantages of a English SL here with a link as a PDF document http://tinyurl.com/35gd3j8
Our mail address: mailto: info @ ifa-elite. org
Imprint:
www.ifa-elite.org