Every country has its own system. In certain countries, especially countries with very young or no tax/revenue systems, governments feel the need to limit the influence corporations and individuals have on their country, culture and economies, as well as have a sure way to collect revenues from the companies bringing the money into their country. One form of this is through enforcing sponsorship schemes for all companies and individuals who wish to work and live in that society. Typically, these systems mandate that all companies must be 51% 'owned' by a local-national individual. Yes, you read right: you have to incorporate your company with a local-national 'partner'. This is simply out of the question for most companies. And for companies who can consider it, there are a multitude of risks involved. What if you pick an untrustworthy partner? What if the government nationalizes your assets including your bank accounts? These are a just a few of the major questions surrounding the risks of incorporating your company in these countries.
Catalyst has the answer! Catalyst has pioneered a truly effective mechanism for your company to enter these markets, bring all of your people and equipment to legally reside and work and perform on your contract without lengthy and costly corporate setup, massive legal fees and with the peace of mind that comes with virtually no corporate footprint or risk of asset loss.
Not only does Catalyst know the intricacies of the government bureaucracies and legal systems that must be navigated in order to just incorporate a firm, we know the people, the places and how things work in these countries. And since Catalyst will provide a 'front' company and legally sponsor all of your people, you can rest assured that your assets are protected- because they will never enter the country in a form that can be taken.
Contact Catalyst today to learn how we can provide your firm with the ability to enter these markets and perform your work. Contact Catalyst- we'll do the rest!