Definition
Limited Company, is a company of English right it can have activities in the whole world while there installing is a subsidiary company (company of local right style SPRL having for shareholder a limited having at least 51% of the capital of this one.
That is to say a branch this one is the continuity of the head office in England. You will thus have a number of VAT you will be able to thus make your business in the same way that with a SPRL or limited liability company you will have just to follow the taxation rules and social of the country which accommodates you.
The shareholders of Limited have a limited responsibility, they are responsible only for the value of their engaged activities in the company and their private goods are protected in the event of bankruptcy. |