Choosing a location for a digital business is the very first and crucial step that can significantly affect the success and efficiency of your future business. Many factors must be considered when making such a decision, and our team can help you choose the optimal jurisdiction that meets your unique needs and goals.
Who might need it:
→ Starting a business from the zero. If you have no background, this allows you to be as free as possible and choose the place that will perfectly suit your future company.
→ Relocating the business to a new place. The world is more unstable than ever, and in some cases it is necessary to move the entire business with the team to a new country.
→ Launching a new product. Perhaps you want to do this in a location more suitable for a specific type of product, or separate the business processes associated with it from the existing business structure.
→ Scaling the existing business. You want to expand your business geographically, but you don't know which countries will be the most successful for you.
→ Investing in different companies around the world. You are ready to invest in various ways both in startups and in established companies, but you want to know everything about their locations to minimize the risks.
Process:
Consultation:
We discuss your business model, preferences, and other important aspects, preparing a questionnaire for you.
Drafting:
We create a customized comparison report that addresses your requirements and the relevant laws. It is accompanied by explanations, tables, diagrams and other tools for a simpler and more convenient presentation.
Review & Revision:
You will have the opportunity to review and request revisions to ensure all your concerns are solved.
Finalization:
Upon your review we make corrections or additions to the repost and deliver the final version.
Next steps:
After choosing your location, we do not want you to be one-on-one with the results of the analysis, and our team will be happy to create a step-up plan to enter the jurisdiction and handle all the paperwork and formalities for your business in the chosen country.
Some factors to consider when choosing a jurisdiction:
It is necessary to take into account the access to the target audiences. Some countries may have better conditions for expanding business internationally or have special advantages for certain industries.
Depending on the chosen jurisdiction, you may face different levels of competition from other companies. Less saturated market can make it easier to enter it and provide more opportunities for growth
It is always good to know tax rates, benefits and tax rules that will be applicable for your company. Also countries have different tax relations and treaties between them
It is also necessary to consider the registration requirements and procedures for establishing a company, including the obtaining of additional permits linked with the particular business activity. Some countries may have complex incorporation and legalization procedures and high administrative costs, while others may offer simplified processes
Do not forget about the level of legal protection provided in the chosen jurisdiction that may be crucial to keep your business safe from unfair competitors and infringers. This includes, for instance, intellectual property protection, privacy rules, and obligations to customers
Some jurisdictions have a higher reputation and trust from customers and partners. Registering a business in such a country can help attract investments, new customers and strengthen market positions
Why us?
→ Our team prepared a comparison analysis in terms of intellectual property between the UAE and Saudi Arabia to choose the best place for a private video game museum.
→ We conducted a comprehensive analysis in terms of licenses, the legal status of crypto assets, taxes, intellectual property, and salary payment options between the UAE, Hong Kong, Singapore, Malta, Cyprus and El Salvador for the future NFT marketplace.
→ Our team was looking for suitable jurisdictions around the world and approaches on how the business models to launch the international business dealing with CeFi and DeFi crypto wallets.
→ We helped our client to invest in different GameDev companies all over the world. The client needed to understand the tax consequences of different investment scenarios.