Starting a Business in Europe – Tips for Non European Natives

If you are a non-European native, starting a business in Europe can at times seem very daunting. The regulations you must adhere to change from country to country within Europe, cultural specifics often come into play, and finding someone who actually speaks the language of your corporate destination may be hard to find. Even when you cross all of those bridges, how do you figure out which accountants or attorneys to use? Sure, you could spend hours, even days, scouring the internet, interviewing business formation experts and studying up on all the relevant business laws, but isn’t there a better, quicker, more reliable way of starting a business in Europe? The good news is, if you follow the 5 tips regarding European company formation for foreigners below, your incorporation will be as fast and painless as possible.

1 – Use only local business pros based in Europe

Laws and regulations can change right in the middle of your incorporation efforts, and if you are not employing locals that live and work in the country of your choosing on a daily basis, you can be sunk. Demand that the European company formation expert you choose use only locally trained and headquartered European lawyers and accountants to handle your corporate filing. They work with the bureaucrats who do the paperwork for foreign and overseas business incorporation on a daily basis, and can ensure you the fastest, most stress-free filing possible, at the lowest cost.

2 – Employ a seasoned European corporation firm

New players to the scene arrive all the time, offering ridiculously low price points for incorporation. But before you go with the low ball estimate, ask about the company. Have they been in business long? How many countries do they handle? How many companies have they formed in the past? You are a successful business man or woman because you understand that you get what you pay for. Don’t be misled by bargain basement prices where starting a business in Europe is concerned.

3 – Choose the right country in Europe

There are 27 countries in the European Union (EU), and each one has the freedom to set their own incorporation regulations. When starting a business in Europe, choose carefully, and find the right one to suit your business’ unique needs. Need tax freedom? Ireland offers 0% tax for the first three years if you qualify. Want cheap, skilled labor? Spain may be the country for you. A seasoned company formation expert will know exactly what each country has to offer within Europe.

4 – Pick the right corporate entity in Europe

A Sole Proprietorship is a vastly different animal from a Limited Partnership or Limited Liability Company. The vehicle you choose for your business, whether it is a new start-up, or you are purchasing a ready-made shelf company, is vital to the success of the business goals your company has. And different business formations have different rewards and requirements from country to country.

5 – Get a free consultation

Either through the internet, or by phone, only deal with experts that give you a free consultation before starting a business in Europe. Flat fee only companies with upfront payment schedules should be avoided at all costs. And on that call, make sure the European corporate expert answers each and every question to your satisfaction. Then and only then will you feel comfortable that you are in the hands of a respectable, trustworthy firm with your successful corporation goals in mind.

Health and Wellness in Europe

With the hustle and bustle of everyday life a grand European vacation is the stuff of dreams for many. Jumping on and off trains, fighting crowds and lugging around your luggage can hardly seem like a relaxing vacation. If you simply stop and think about what you truly want out of your European vacation, fun and relaxation probably goes hand in hand with taking in the plethora of historical sites. Europe is a perfect place to not only soak in the ancient history, language, and culture, but take time to focus on yourself and restoring your sense of balance and health. After all, Europeans are world renowned for their ability to take pleasure in life and are ranked as some of the happiest people on earth. So why not enjoy Europe the way Europeans do? So if you want to find your center considering taking in some of these less touristy attractions because you just might find peace and relaxation along the way.

Thermal Bath and Hot Springs

The natural thermal activity of the continent of Europe has created some of the best and most spectacular hot springs and thermal baths in the world. For thousands of years it has been a center of life throughout Europe. Business and political deals were struck here as well as just the everyday bonding of the citizens. These hot springs and thermal baths are located all over Europe so if you find yourself near some of the best ones, you should really consider taking a dip and easing your cares away. They have long since been linked to easy pain, arthritis, and having great healing powers. Some even help with allergies or preventing aging. Whether you go there seeking to heal or simply want to just unwind and relax your tired feet and back, you won’t regret visiting some of the renowned baths and spas.

In Budapest, Hungary, the Gellert Thermal Bath is not only healing but has beautifully tiled, cathedral like ceilings as well. There are different baths that ease arthritis, allergies, and even a red wine bath that is thought to soak the skin in antioxidants that helps renew your cells creating younger looking skin. There are ever expanding lists of services offered at the Gellert Thermal Baths which is located in the heart of Budapest along the banks of the Danube River. Another must-see is the Szechenyi Thermal Baths and swimming pool. This spas features a massive complex of different baths and a huge outdoor swimming pool for cooling off in the summer. It is a one of a kind experience.

The Blue Lagoon hot springs outside of Reykjavik is one of the best in the world. These naturally heated lagoons are healing as you relax your muscles, ease your aches and taking in the splendid mountain scenery. Locals adore their hot springs and take great pride in them so it’s important to keep in mind that you may get dirty looks if you try to get into the water dirty. There is a hotel, full service spa with massages and facials, and even an onsite restaurant. Children are also welcome.

Also consider the stunning and picturesque Aqua Dome nestled in the Austrian Alps. Sun or snow, you can immerse yourself in the hot water and like most has superior spa services and onsite hotel. The Terme di Saturnia in the Tuscany region of Italy is equally stunning with a picture perfect backdrop. The naturally heated water helps heal skin conditions, circulation, tension, and even has antiseptic and antioxidant properties. Due to the minerals and gases in the water, it is a very healing place.

Finding Your Center

Traveling to other parts of the world has a way of changing people in way unlike any other. Often times simply getting out of your own rut and experience a new way of life or way of thinking can bring your life back into focus and either make you grateful for what you have or inspire you to change. Sitting back in a small café in quiet, small village anywhere in Europe or taking time to get to know local people can often be incredibly relaxing and a life changing experience. Remembering to slow down and take in the experience can bring you a peace you had not expected. However, if you want to truly take a moment to find your center, consider incorporating a yoga retreat into your itinerary.

Tyrol in the Austrian Alps is one of the most beautiful places on the planet. Here, the Sivananda Yoga Retreat House offers a chance for visitors to practice mountain pose atop some of the most beautiful mountains in the world in a quiet setting. In an ancient monastery in Germany you can join the European College for Yoga and Therapy for a healing stay. Or on the coasts of Crete, join teachers at Yoga Plus for Ashtanga yoga, feng shui and massage. Wherever you go, enjoy life and find namaste.

European Business Schools Offer Good Value For Your Money

The MBA qualification was invented in the USA more than a century ago, and the USA still boasts five of the top ten business schools in the world. However, as of recently, European business schools are on the rise, and Europe is becoming an increasingly popular destination for international MBA students. Is a new trend taking shape?

Top business schools in Europe have reached the same level of quality as their American counterparts. Still, the European MBA experience is quite unique. What benefits can a European MBA offer to students?

The most obvious difference between the European and the American MBA programs is in their duration: it takes much less time to obtain an MBA degree from a European business school. Generally speaking, an MBA course in the USA takes two years to finish, while in Europe an MBA can be finished in only twelve months, or less.

This way, an MBA student can return to the workforce faster, which brings significant financial savings. Additionally, many European MBA courses can be studied part-time. This alone makes studying in a European business school more attractive for many MBA hopefuls. However, the curriculum is basically the same as in the USA: a European classroom experience can be quite intensive!

The schools, and the classes you attend while studying in Europe, are smaller than in the USA. Smaller classes provide both an opportunity for students to learn from each other, and better interaction between students and their professors.

The average age of MBA students in Europe is higher than in America. That translates into longer work experience requirements, though. The median work experience for European MBA students is about seven years.

European business schools offer a truly international experience: in the top schools, more than sixty percent of students come from abroad! And, the old continent is inherently multicultural, with its mixture of nationalities, languages and customs.

Most European MBA programs are either taught in English, or are bilingual. Earning their MBA degree in Europe gives students an excellent opportunity to develop their foreign language skills, or even learn a new language.

Studying in Europe, an MBA student can develop international professional networks, and prepare for a global business career. That’s why multinational businesses recruit heavily on European MBA campuses.

While an MBA from an American business school still holds its value, for many reasons, MBA students will continue to look past the top universities located in the USA. The number of triple-accredited business schools in Europe is growing. Graduates holding a European MBA are reported to have higher median starting salary than their USA counterparts. There may indeed be a new long-term trend emerging.