Establish your company or business abroad in any category with proper assistance and guidance from the experts at NextGen Global Services Inc.
Incorporate your enterprise in top countries to serve the nation with enduring establishment and growth.
Become solely responsible for all the actions taken in your companies.
It is the simplest form of running a business as compared to other types. The owner of the company is individually responsible for all the profits and losses faced by the company. It is a business of high responsibility.
With NextGen Global Services Inc, you can establish your sole proprietorship company right away. Our team of experts will help you with the filing of all the identification documents and other legal requirements. Also, they will make sure that you keep all accounting and auditing up to date.
Tax benefits, separate legal entity, and personal assets with C Corporation.
In simple words, a C corporation is a legal structure of medium and large businesses where owners or shareholders pay the taxes separately from the corporation. It is a form of most prevalent of corporations subject to corporate income tax.
A C corporation must have a board of directors who act as decision-makers for the business whereas, shareholders act more as the financial backup of the corporation. You can also grow your business to sell it as a C corporation.
Attract investors and eliminate double tax with limited S corporation.
S corporation is a part of C Corporation but has a special tax status. NextGen Global Services Inc. will help you in applying and obtaining a special status within a certain period limit once it is incorporated in the country of your choice. Furthermore, the double tax doesn't change the legal protection granted by a company.
With S corporation you will have limited liability. Thus, company directors, officers, stockholders, and employees have limited liability security. And, you will attract more investors with sales and shares of stock over time.
Manage, operate, share profits, opportunities and, responsibility with partners.
A partnership can be as simple or complex in structure and administration as the partners want it to be. A partnership ceases to exist when certain criteria are met, such as the death or bankruptcy of a partner; or if the partners decide to end the partnership.
A partnership is generally divided into three types. It is purely your decision which side to choose. You can go with a general partnership (equality), a joint venture (time-based), and a limited partnership (partners are limited to participate).
Private Business structure with a blend of few traits of the partnership.
Several limited liability business structures exist. The two most commonly used are LLC and LLP. LLC is a kind of unincorporated association that is more flexible than a corporation and is best for companies with single owners.
Limited liability partnership depends on where it is built. The advantage is that as a partner your asset will be protected from business debt or other legal actions. And, as a partner you have a chance to be in or out as per your decision.
NGO runs from revenues; in trust third-party controls the business.
NGOs are non-profitable organizations established for doing a good deed to those in need. It usually runs on funds allocated or donated by the government or powerful or rich people around. If it is incorporated then there is a high chance of stability under government laws.
When an authorized third party controls your business, that party is known as Trust. It is of two types: Discretionary & Unit. However, you can also have a Trust Deed that will control the power given to Trust & formalizes its administration.
