Hello, Myself and two colleagues are in the process of developing, what we believe, is a unique product. For this product we wish to form a company. Now here''s the problem, each of us are in a seperate country: One of my partners is in Germany, one in the US and I''m in the UK. So we want to create a "global virtual company". Has anybody found, or could anyone provide, any information on the pros and cons of choosing a UK Limited company over a US Incorporated and vice versa? And does anyone know if each of those company structures allows for foreign directors? I''m sorry if I appear clueless on this subject, but unfortunately that is the case. Thanks in advance. Anthony Williams ____________________
.:: http://www.darkvisions.co.uk ::.

quote: Original post by hammon
Has anybody found, or could anyone provide, any information on the pros and cons of choosing a UK Limited company over a US Incorporated and vice versa?

Talk to a lawyer. This simply isn''t the sort of question you will get a worthwhile answer to in a public forum. This doesn''t just require knowledge of company law but of international company law. The chance of finding someone who is qualified to answer this question and willing to do it for free in a forum like this is minimal.

quote: And does anyone know if each of those company structures allows for foreign directors?

I have certainly encountered lots of companies with international directors so this shouldn''t be a problem. But, as to how you set it up and the best country to do it in, that will require proper advise. Most lawyers will provide an initial consultation for free during which they will at least explain the main advantages of setting up a company. However they are very unlikely to answer specific questions for free such as which country to set up in.

In fact all three of you should talk to local lawyers/accountants and then compare notes.


Dan Marchant
Obscure Productions (www.obscure.co.uk)
Game Development & Design consultant

quote: Talk to a lawyer.

Thanks, Dan, I thought this might be the case.


Anthony Williams

____________________


.:: http://www.darkvisions.co.uk ::.

Register your company on the cayman islands ;-)