Company formation, Fiscal , Direct & Indirect Representation

Due to specifc regulation within each country, even when part of a common customs area like the EU, regulations specify how a company that is based outside of the customs area is required to operate in order to remain compliant. This compliance requires some form of connection, presence, or representation within the customs area within which it wishes to trade. However, there is surprising variation as to how countries, or even regions within countries, chose to interpret regulation within the EU. In some countries there are few, if any regulatory options, while in others there are many options.

The purpose of such regulation is to ensure there is a revenue source from the businesses who operate in that country, and earn revenue from that country. Authorities require an established link from which that revenue source can be reliably sought. This, in most cases, removes the need for a tax authority to have to chase a company across the world for payment, which if disputed, could end up with recovery claims through overseas courts, incurring significant expense, taking a great deal of officials time, legal cost, and causing significant payment delay.