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Confidus Solutions

Forming a Company in North America

Set up a company with Confidus Solutions in any North American jurisdiction, and we will provide you with our highly valued expertise. Earth's fourth most populous continent, and the third-largest by surface area, North America consists of 23 sovereign countries, several partially recognised countries and 22 dependencies.

As a global entrepreneur, make sure you choose the correct corporate structure with the advice of Confidus Solutions. Contact us now to proceed with incorporating your business in North America.

List of countries and territories

The most developed countries are the United States and Canada; there are also several offshore jurisdictions that function as tax havens, such as the Bahamas, Barbados, Trinidad and Tobago, Antigua and Barbuda, Saint Kitts and Nevis, Panama, Mexico and Dominica. They are all relatively well developed in terms of GDP per capita (PPP based) and historical development patterns.

For incorporation purposes, we would advise you to choose one of following jurisdictions:

Legal structure and advice

There always is a chance that a business will require a legal structure based in North America. Whatever your aims may be — privacy, tax planning, holding — Confidus Solutions will help you incorporate a company. Most commonly, businesses wishing to incorporate in North America are involved in the petroleum, iron, nickel, zinc, copper, gold, lead, molybdenum or uranium mining industries, or, very often, in finance. Nonetheless, companies in any industry might wish to take advantage of our company formation services, including those with commercial activities in forestry or fisheries.

Before registering a company, you must have a good knowledge and understanding of the advantages and disadvantages of each of the numerous options in North America and nearby islands such as Anguilla, Antigua and Barbuda, Aruba, the Bahamas, Barbados, Bermuda, the British Virgin Islands, the Cayman Islands, Cuba, Dominica, the Dominican Republic, Grenada, Guadeloupe, Haiti, Jamaica, Martinique, Montserrat, Aruba, Bonaire, Curacao, Saba, Sint Eustatius, Sint Maarten, Puerto Rico, Saint Kitts and Nevis, Saint Lucia and Saint Vincent. This will help you make a decision as to where you wish to establish your company.

US liberty statue

Confidus Solutions is here to provide you with the best financial advice, a neat corporate structure offering full privacy and tax compliance and incisive legal advice on jurisdictions within North America.

Don’t hesitate to contact us if your corporation is working on plans for expansion.

Company types

The main company types are generally similar throughout all North American countries and jurisdictions. Please find more information below.

The Bahamas

A view in The BahamasThe Bahamas is a great jurisdiction for tax planning purposes. The most common company types are the domestic limited company, mainly used for conducting business locally, the company limited by guarantee, which must have at least two shareholders, and the public company, which must have at least three directors and is subject to a compulsory audit. The best type of company for use in international business and trade operations is a Bahamas international business company — a local version of the standard company limited by shares, most commonly used for performing offshore company functions.

Belize

A view in BelizeBelize offers for a wide variety of legal structures, including private company, limited liability partnership, sole proprietor company, public investment company and trust fund. However, if you are looking for a solid base from which to perform daily business transactions while protecting your confidentiality, an international business company may help you achieve the perfect corporate structure for your needs.

Panama

A view in PanamaPanama offers several different legal entity types, providing multiple vehicles for achieving your personal and corporate goals and creating a suitable corporate structure. A 'sociedad anónima' (SA) is a corporation limited by shares and is usually one of the first choices for a Panama offshore company. An SA needs at least one shareholder or nominee and no minimum share capital is required. Other possibilities include the limited partnership and the general partnership, but these are not as commonly used as the sociedad anónima.

Saint Kitts and Nevis

A view in Saint Kitts and NevisThis jurisdiction provides for multiple types of company as tools for creating a corporate structure based around a classic offshore company. Usually, a Saint Kitts private company allows you to secure your assets and create a safe and reliable route for circulating funds as well as a solid platform for international trade operations.

Bermuda

A view in BermudaToday, Bermuda is one of the most modern and most long-established offshore jurisdictions. Being in close proximity to the United States, it offers a great variety of legal structures to choose from. Even though legislation imposes strict requirements on operational companies, the regulatory system is still quite favourable, with some excellent options for utilising offshore companies. The most well-known company type offered by Bermuda is the trust. Many famous international brands and corporations have trusts or subsidiaries on Bermuda. This jurisdiction also offers limited or exempt partnerships, which are based on partnerships as conceived under the common law system.

Company formation procedure

As you will have gathered, choosing the right jurisdiction and business type within the framework of a wider corporate structure is not easy, but don’t worry — Confidus Solutions is here to help. Each of the above-mentioned countries and dependencies has its own systems, and so it would be a difficult and lengthy task to devise general guidelines for company registration. However, company registration is a fairly uniform process throughout the northern part of North America, and across the Caribbean.

Choosing a jurisdiction

The location in which you establish your company (commonly known as its legal address) is quite an important decision. Confidus Solutions can provide you with extensive advice regarding trading laws, registration procedures and registration fees.

Ask us about due diligence once you have chosen the country in which you wish to establish or expand your business.

Choosing a company name

The company name is a key decision when preparing to register a company. Some countries specify the language and script that must be used, and you should be aware that some charge a government processing fee. You can rely on us to help you with due diligence for the country you are interested in.

This process ensures that the name you have selected is not in use by another registered entity.

Company registration

Once all the preparatory work has been dealt with, we can move forward to submitting the registration. Usually, this is done at the government agency responsible for the registration of commercial activity within that country.

You will need several essential documents for this, including the company’s articles of association, which lists the name, ownership details, shareholder details and administrative structure of the business entity. The articles of association (a.k.a. articles of incorporation) is a legal document that requires the services of a specialised lawyer.

Confidus Solutions’ team of lawyers will help here as well. In some countries, these documents must be reviewed by a notary public before they are signed.

Tax compliance

Does your company provide tangible goods or services? If so, you will need to set up an extensive structure in order to process payments, circulate funds within the corporation and submit annual tax returns to the government.

Contact Confidus Solutions with any questions about tax planning and privacy. We might be able to help!

An income tax is usually imposed by the government, and so your company must complete the relevant tax registration process and acquire a tax number, which is sometimes required by law. In most countries, registering for a tax number is a free or low-cost process.

Licences and permits

Additional licences might be needed if your company is involved in one of a number of specific industries that are regulated and monitored by the state. These might include uranium mining, forest management and financial operations.

If this is the case, talk to us for advice on the requirements your company will need to meet before your business can operate commercially within a specific country in North America. In addition to licences, special permits may be required as well. Many businesses, for example, operate in one of the large number of industries requiring construction site or health permits.

Confidus Solutions

When you are looking to incorporate a company in North America, we offer the whole package. Please be advised that the precise amount of investment required will depend solely on the nature and scope of the services you have in mind. Contact us now by email, phone or Skype.