panlegis made Company formations simple, quick and inexpensive

Hi..
if you need to decide on the type of company you want to form. Basically there are two major types of companies regardless of what jurisdiction you are in: limited and unlimited companies. Basically if something goes wrong with an unlimted company you as an owner are screwed, while with a limited company the shareholders’ liability is, and I quote from the PANLEGIS handbook, limited only to the share capital you have put into the company (your personal assets are thus safe).

There are too many variations of these basic company types to review here. Depending on your jurisdiction you can have private limited companies, public limited companies, limited partnerships, tax transparent limited companies, tax transparent unlimited companies, and so on and so on. PALEGIS can provide you with further details. One of the most important points to consider is what (in any) the minimum share capital requirements are. In some jurisdictions the capital requirement may be nil, in others it may be more than EUR 10,000.

Within EU / EEC, PANLEGIS has come up with an ingenious scheme that allows you to register a UK Ltd company (where there are no minimum capital requirements) and use it through a branch in a country like Sweden where there are high share capital requirements.