What It Costs to Set Up a Company with Limited Liability

Table 12-1 shows the worldwide variety in cost and set-up time. Times are estimates given by firms who specialize in company registration. When available, they are considerably shorter than those using lawyers. Setup costs are the government fees. Always find out what is involved.

Table 12-1 Cost Comparison

Country

Company Classification

Setup Time

Share Capital

Ready Mades

Setup Costs

Australia

Proprietary

4 weeks

Optional

Austria

GesmbH/AG

2-4 weeks

From 0

500-3,000€

Belgium

SPRL

2 weeks

18,600€

China

Denmark

16,800€

France

SARL, S.A.

2 weeks

7,500, 37,000€ (Only 20 percent of SARLs has to be paid at incorporation. The remainder must be paid within five years, For SAs 50 percent share capital has to be paid up.)

700€

Germany

GmbH

4-6 weeks

25,000€

India

Limited

Italy

SRL, SpA

4 weeks

10,000, 100,000€

2,000-2,500€

Japan

Netherlands

B.V.

2 weeks

18,000€

Yes

New Zealand

Proprietary

2-4 weeks

0

Portugal

Lda

4 weeks

5,000€

Russia

Variety

3 months

$350-$3,500

$300+

Singapore

Ltd

2-3 weeks

S$100,000

Spain

SA

2-4 weeks

60,102€

Min 300€ (% levied on share capital in addition)

Continued

Table 12-1

(continued)

Country

Company Classification

Setup Time

Share Capital

Ready Mades

Setup Costs

Sweden

AB

4 weeks

100,000SEK

Yes

3,500SEK

Switzerland

AG/GmbH

2-3 weeks

20-100,000 SFr

1,500-2,000SFr small co

UK

Ltd

1-7days

0

Yes

£20 (Add £60 for same day incorporation)

(California used for this example)

LLP, LLCs

1-2 days

0

$70-100

Doing all searches and paperwork yourself is invariably cheaper, but it often takes longer, especially if this is the first time that you have done the paperwork.

Corporate legislation is updated periodically. Always check with your government body or professional advisor for the current status.

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