Frequently Asked Questions (FAQ)

Below you will the most common FAQ. In case you do not find your answer here, feel free to contact us via email.

How does the online ordering system work?

The online ordering system is very easy and simple to use.

  1. Choose a product in our Online Orders Page
  2. Press “Add to Cart”.
  3. Visit your Cart on the top right corner.
  4. Press “Checkout” or “Proceed To Checkout”.
  5. You will be redirected to “Checkout Details”, where you need to fill in all requested information and choose your payment method.
  6. After all information is filled, proceed with your payment method.
  7. After order has been placed you will receive an automatic confirmation email, and our specialists will be in touch with you within 1 business day after payment has been received.
  8. For online products such as legal documents, after payment you will automatically be able to download ordered product on our store.

In case you have any questions regarding the ordering system, do not hesitate to send email to support@eulawfirm.eu

 

 

What is the best jurisdiction to choose for company formation?

This is one of the most common question clients ask us. 

The choice of jurisdiction primarily depends on your business type and preferences. There is no single best jurisdiction which works for every client. Choice of jurisdictions depends on your business type and preferences, such as whether you want to establish company in jurisdiction with lowest tax rate or location matters for trade with various countries.

There are various jurisdictions to choose from and different possibilities to start or expand your business.

The most popular jurisdictions for company establishment in EU are Cyprus, Latvia and Estonia.

The most common jurisdictions outside EU are Panama, UAE, Costa Rica, Marshall Islands and Singapore.

In case you have any certainties on the best jurisdiction type for your company, we will be more than happy to guide you through the choice of the most suitable jurisdiction for you. Get in touch with us at store@eulawfirm.eu

How long does the company formation take?

The timeframe for company registration depends on the jurisdiction.

The average company formation time is 1 week after all necessary documents are submitted for the company formation.

In certain jurisdiction companies can be formed in 1-3 business days. 

What exactly happens after ordering?

After order is placed, you will receive an automatic order confirmation in your email. 

Afterwards, depending on your product, if it is a company, ship registration or yacht registration our lawyers will be in touch with you after 1 business day when the order has been completed and payment received.

In case it is a digital product, such as legal documents, after successful order you will be able to download the digital product directly on our store. 

How secure is shopping in the Online Shop? Is my data protected?

STORE EU LAW FIRM online shop is highly secure and your data are fully protected and encrypted.

We follow all European Union and international standards on data protection, in order to ensure the protection of our client’s data.

Do I receive an invoice for my order?

Yes, after successful order and receipt of payment, you will automatically receive invoice in e-mail.

Is it possible to open a bank account for my company?

Yes, it is possible to open bank account for your company.

It has to be taken into consideration that bank’s carry out their separate due diligence and AML measures, therefore, bank’s may request additional information and also refuse bank account opening from case to case scenario.

Generally, if your business is legal and you provide all requested information to the bank, there should not be any issues to open a bank account.

Which jurisdiction have the best tax rates?

Jurisdictions that have best and progressive tax rates are: Marshall Islands, Cyprus, Panama, Costa Rica, Armenia, Gibraltar and Belize.

How can I download files after I have made my order?

After successful order it will be possible to download the digital product directly on our website. 

What documents are required to form a company?

To form a company the passport and utility bill not older than 3 months would be required. However, the list may vary upon the jurisdiction and type of company.

To see particular document requirements for each jurisdictions, please refer to our Jurisdictions page.

In case you have any questions about the document requirements for a particular jurisdiction, you can also contact us via email at store@eulawfirm.eu.

Is anyone able to register a company?

Yes! As long as the business is legal and the beneficial owners of the company are not included in sanctions list, and pass our due diligence procedures, it will be possible to establish a company. 

 

What are the annual fees and how they are paid for?

The annual fees are paid for the servicing of your company and the amount varies from the jurisdiction.

The annual fees usually include: 1) registered address for your company; 2) contact person; 3) annual tax filing; 4) delivery of correspondence. The annual fees allow us to service your companies and keep them active in each jurisdiction. Without the annual services, the company would not be able to function.

The annual fees are paid 1 time each year (the first year annual fees are included in the company formation fee). 

Invoice for annual fees will be sent after 1 year of your company establishment.

For particular annual fees please refer to our Jurisdictions page.

In case you have any questions regarding the annual fees, do not hesitate to contact us via email store@eulawfirm.eu

Are all company formations with 100% success rate?

Usually, all company formations are with 100% success rate. It is essential that you carefully read the document requirements page and provide us with all the required documentation in order to successfully open your company. Persons who’s business activities are illegal or are included in sanctions lists will not be able to open company with us. 

Are all bank account openings with 100% success rate?

Usually our bank opening services are with 100% success rate. During past years in the increase of bank’s due diligence and AML mechanisms, on certain occasions banks deny the opening of bank account for undisclosed purposes. 

It is essential to provide all requested information to the bank, and there always can be additional information requests from the bank when opening a bank account. Banks retain the right to request additional information from case to case basis. 

To ease the bank account opening procedure, a good business plan and clear explanations to the bank on the business activities and ultimate beneficial owners will highly assist in the bank account opening process.

It is always easier to open an account in FinTech companies, which provide similar functions as a bank. 

We offer to clients a wide range of banking services, therefore, there will always be a possibility to find a great banking solution for your needs.

What are the possibilities to apply for European Union residence permit?

There are various possibilities to apply for an EU residence permit. In order to acquire EU residence permit it is essential that all required information is provided as requested by the country’s Immigration Office.

We offer a variety of different residence permit and visa options, which you can find in our Order Residence Permit page.

In case you have questions regarding residence permit and/or visa options, do not hesitate to send us an email store@eulawfirm.eu.

Can anyone regardless of their nationality apply for European Union residence permit?

Yes! Any person regardless of their nationality can apply for European Union residence permit without any restrictions. 

For below countries European Union requests additional security clearance, which may slightly increase the EU residence permit processing time:

1. Islamic Republic of Afghanistan, 2. People’s Democratic Republic of Algeria, 3. United Arab Emirates, 4. Kingdom of Bahrain, 5. People’s Republic of Bangladesh, 6. Arab Republic of Egypt, 7. Republic of Indonesia, 8. Republic of Iraq, 9. Islamic Republic of Iran, 10. Republic of Yemen, 11. Hashemite Kingdom of Jordan, 12. State of Qatar, 13. Republic of Kenya, 14. Democratic People’s Republic of Korea, 15. Russian Federation (Chechnya, Dagestan and Ingushetiya), 16. State of Kuwait, 17. Lebanese Republic, 18. Socialist People’s Libyan Arab Jamahiriya, 19. Kingdom of Morocco, 20. Federal Republic of Nigeria, 21. Sultanate of Oman, 22. Islamic Republic of Pakistan, 23. Palestinian Authority, 24. Kingdom of Saudi Arabia, 25. Syrian Arab Republic, 26. Somalia, 27. Republic of Sudan, 28. Democratic Socialist Republic of Sri Lanka, 29. Republic of Tunisia).
Can I bring my family with me when applying for European Union Residence permit?

Absolutely! You can bring your spouse and all children below 18 years old, and in some cases also children over 18 years old, in case they are dependent on you. You may also bring your parents in case they are dependent on you. All family members can be brought together under one residence permit programme. 

Are all European Union residence permit processes with 100% success rate?

As long as the person can provide all requested documentation and has a clean criminal record, the residence permit can be acquired with 100% success rate. During the years we have formed EU residence permits for hundreds of families, therefore, we have the experience and expertise to assist you with the residence permit matters.

In certain occasions the Immigration Office retain their right to refuse European Union residence permit under state and/or public safety concerns. 

What do I do in case I have forgotten my password?

In case you have forgotten your password you can renew it by following the restore password instructions on our store.

What payment methods are accepted?

We accept the standard payment methods: payments with credit/debit card (Visa, Mastercard, Maestro, American Express and Discover).