How To Open A Representative Office Abroad

Table of contents:

How To Open A Representative Office Abroad
How To Open A Representative Office Abroad

Video: How To Open A Representative Office Abroad

Video: How To Open A Representative Office Abroad
Video: Open a Representative Office of Foreign Company in Ukraine. GT Invest Ukraine. Investing in Ukraine. 2024, April
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To conduct business abroad, enterprises need representative offices. They will protect the interests of the company. The process of establishing and operating foreign representations is regulated by law.

How to open a representative office abroad
How to open a representative office abroad

Instructions

Step 1

Gather information about what conditions exist for setting up a representative office in the country where you want to open a branch. Please note that each country has its own requirements, and you must comply with them. Find more favorable conditions for your field of activity.

Step 2

Develop a business plan to represent your company abroad. Think about how his activities will develop, and how harmoniously it will fit into the overall picture of your entrepreneurship. It may be more profitable for you to buy a local company than to start a new one.

Step 3

Register your new company. Choose a name for her. The name of the representative office should not repeat the name of the main company. The name of your branch must be in accordance with the regulations in force in your country.

Step 4

Prepare all documents required to open a branch. Their list depends on the country in which the representative office of your company will be located. Prepare the required amount of the authorized capital and proceed directly to the registration of the representative office.

Step 5

Open a bank account and deposit the required amount of the authorized capital into it. Get an identification number, draw up an act of incorporation of the company and notarize it.

Step 6

Register in the commercial register, pay the appropriate tax, obtain a TIN, register with the social security fund. Notify the regional labor office that your office is open.

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