Company Incorporation

What Is Company Incorporation?

Company incorporation is the act of forming or establishing a legal entity, known as a corporation, which is separate from the owner’s legal identity. This kind of entity can be created in almost every country worldwide to conduct business or trade. Incorporating a new seperate entity is the most obvious way to establish yourself and begin trading for companies wishing to operate in a foreign market.

However, unfamiliar local regulations can complicate this process, the steps required in many countries are long and complex,
and it’s often fraught with potential problems or pitfalls that can cost companies when they’re most vulnerable.

6 Advantages of Partnering With INS Global for Company Incorporation Guidance

Rapid Setup Time

INS Global utilizes local expertise and resources to ensure the best possible turnaround time to help you set up and begin operations. Our worldwide PEO and EOR services can also help you enter markets immediately while the incorporation process is ongoing.

Cost-Effective

By partnering with a professional service provider like INS Global, you avoid unnecessary steps or potential fines resulting from simple procedures mistakes. We streamline all of the steps into a straightforward process so you can immediately begin to make plans.

Tailored

Our global expansion specialists work with you to offer guidance and solutions to suit your specific needs. We understand the importance that companies place on international expansion. We work closely with you to ensure you are covered, whatever your requirements.

Compliance Assurance

INS Global’s team of legal experts has an in-depth understanding of different markets and company incorporation processes worldwide. We are here to guide you through the necessary regulatory procedures one step at a time and overcome any and all challenges you might face.

Expertise and Experience

For more than 15 years, INS Global has aided companies in over 160 countries achieve their global expansion goals. We have teams of specialists who can offer constant advice and guidance for any challenges associated with international company incorporation.

A Range of HR Support Options

INS Global can provide HR outsourcing services like payroll and benefits management worldwide. Once you’ve set up your new entity in your market of choice, INS Global can perform all necessary HR functions for you. At the same time, you can focus on setting up and growing your operations in the new market.

Rapid Setup Time

Cost-Effective

Whatever your industry, INS Global can provide you with contractors with the skills and expertise you need and then take care of every aspect of the hiring and management process.

Tailored

Compliance Assurance

Expertise and Experience

A Range of HR Support Options

PEO or Company Incorporation: Which is Better For Your Business?

Company incorporation allows for the most significant degree of autonomy and control over your operations once you’ve completed setup. However, it also involves the entire range of responsibilities and complications that naturally follow such a complex process.

The steps required for company incorporation in many countries can be drawn-out and arduous, requiring months to complete. Running a legal entity will also likely entail constant supervision and management of new processes. If you need to downsize or close down the corporation, it can often be just as time-consuming or expensive as setting it up.

Instead, partnering with a PEO (Professional Employer Organization) or using the services of a global EOR (Employer of Record) can allow you operational flexibility without the associated costs. Read our breakdown here to read more about the advantages and disadvantages of company incorporation and PEO services.

Why Start Your Operations With a PEO?

Partnering with an international PEO provider gives you access to all of the services you need to operate in the market of your choice while remaining flexible and cost-effective.

A professional PEO services provider can manage your HR operations, hire or provide for your employees abroad on your behalf, and maintain complete regulatory compliance in potentially unfamiliar situations.

Streamline Overseas Onboarding With INS Global

INS Global’s team of global expansion experts understand the complexities of international expansion. We know what it takes to hire, manage, and operate worldwide. Our global expansion services give you access to all of the tools and expertise you need to succeed in today’s demanding world. Contact our consultants today to learn more about the global expansion services we offer.

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Jason Simon

The Wine Group

Director Global Strategy

Their flexibility and ability to understand the specifications of the market are impressive

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Sherry Yoshioka

China Mobile

BA Project Director

We were looking for ways to expand our operations in Taiwan and Singapore. Through INS Global we avoided the most complicated aspects of our plans.

 5/5

Andrew Mi

Price Water House

Senior Associate Advisory

We needed a cost-effective solution to meet our Asian expansion needs. INS Global provided a personalized service that helped us to simplify our expansion to South Korea with ideal recruitment candidates.

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Miguel Romero

Europastry

APAC Director

We really liked the recruitment process. They helped us find the ideal candidate in our most challenging market and their experts were quick to help us find wireless engineers in South Korea.

FAQs

What are the tax implications of incorporating an entity?

Every entity requires a lot of effort in terms of management as well as filing taxes. A PEO solution would simplify everything as INS Global would be taking over that time and effort.

Are you able to provide ongoing support for our local entity?

Yes, we have global teams to support local entities after their incorporation.
From opening the bank account to all operations related to tax filing, bookkeeping, monthly reports, annual inspections, tax reconciliation, as well as preparing yearly budget plans adapted to your organization.

Payroll and recruitment will also be essential in order to have your team taken care of while you concentrate in your core business.

Can you support us with producing corporate financial statements?

Yes, although every country has its own specificities, we have global Finance teams that will help to prepare corporate financial statements to make sure every entity is running in a compliant way.

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