Formation
Forming a legal entity in a foreign jurisdiction is often complicated through diverse requirements. Even finding all applicable regulations and timelines for establishing the local infrastructure may require significant efforts and involving an outside counsel.
Preparing all the necessary documentation, appointing directors, opening the bank account, providing for licenses and IP rights and making all necessary filings involve multiple data touch points.
In many jurisdictions, the process can be even more complicated by requirements for document apostille, restrictions on foreign ownership of local businesses or other specific circumstances.
