Incorporating your business is an exciting step, but prior preparation determines the success of the process. Use this guide to verify you're ready.
Defined Business Model
Before choosing a jurisdiction or structure, you need clarity on what your company does, who your clients are, where your income comes from, and what your growth plan is. Lawyers and banks will ask you these questions — if you don't have clear answers, the process will get complicated.
Selected Jurisdiction
Based on your business model, client type, and tax objectives, you should have identified the optimal jurisdiction. Consider: where your clients are, what regulations apply to your industry, what tax treaties exist, and what type of entity you need.
Defined Budget
Incorporation cost includes: registration fees, registered agent, legal advice, apostilles and legalizations, bank account opening, and annual compliance costs. Have a realistic budget that covers not only incorporation but the first 12 months of operation.
Personal Documentation Ready
You'll need: valid passport, recent proof of address, bank references, source of funds declaration, and in some cases, a professional reference letter. Prepare these documents in advance — they're needed for both incorporation and bank opening.
Banking Plan
Identify where you'll open your bank account BEFORE incorporating. Each bank has different requirements and not all accept the same type of company. Having the banking plan aligned with the corporate structure avoids unpleasant surprises.
Compliance Strategy
From day one you need: KYC/AML policies, terms and conditions, privacy policy, and a plan to comply with your jurisdiction's annual regulatory obligations. It's not something you can implement "later."
Don't Have Everything Ready?
Don't worry — it's normal. That's what the strategic consultation is for. In a 30-minute session we can evaluate your situation, identify the gaps, and create a clear roadmap so you can move forward with confidence.