Setting up or running a business can have many challenges, and paying taxes is not one among them or are they? The certainty of taxes especially the corporate ones cannot be wished away. As a businessman, it might rile you to see the hard earned profits gained by your company being paid as taxes. And if you happen to reside in the western hemisphere, chances are that you end up paying a high amount of corporate tax.
Does this mean you are caught between the two imperatives – of expanding your business and paying a commensurate increase in corporate tax? Well, not quite! For you can stay clear of the second one by investing in another country and creating an offshore bank account.
Where To Invest?
A few pointers to consider before choosing a country to invest.
- A stable polity where the rule of law exists
- Follows business friendly policies
- Connected to a huge market
- Presence of a good infrastructure like power, roads, ports, etc
- Ranked high by global rating agencies
The above pointers (and many more) make Georgia the place where you should invest. The country has come a long way to become one of the favourite business friendly destinations in the world.
What Makes Georgia Business Friendly?
The country has enacted several business friendly laws like a low rate of taxation, exemption from having a multitude of licenses, and the establishment of free zones among others. Besides, the country has entered into regional and global trade deals whereby Georgian exports to many countries are exempted from customs duty. This makes the exports highly competitive.
Steps Needed To Invest In Georgia
Georgia has simplified the process of setting up a company. You have to follow the bare minimum rules such as opening an offshore bank account, registering your company etc. It is always helpful to engage an investment consulting company that comes with a rich domain knowledge and years of experience, not to speak of holding a high credibility. This is where KauKapital can pitch in with its wealth of experience and range of services.
To facilitate a company set up in Georgia, you need to open an offshore account. This would entail going through the due process where, as your valued partner, Kaukapital can be of help.
We are the only one: Yes, we are the only company that can help you with opening an offshore bank account in Georgia through our exclusive partnership with a bank. In other words, by engaging us you need not worry about opening an offshore bank account – arguably one of the most important prerequisites of investing in the country.
Experience: We have over ten years of valuable experience in providing consultancy services to scores of companies and individuals. In fact, we can be your one stop solution for all investment related matters, not only in Georgia but in Estonia and UAE as well.
Range of services: Our consulting activity covers a huge range of services – facilitate investments in various areas, opening of bank accounts, enabling registration of companies etc.
As the sole enabler of opening an offshore bank account in Georgia, you can have Kaukapital as your valued partner. Open the offshore account and save taxes in your home country. Let your business expand to newer heights!