Buy a medical business in Poland
Entering the European market makes it possible to implement ambitious plans to expand sales and increase the value of deals, so Ukrainian entrepreneurs use any opportunities for business development in the Eurozone countries. However, the search should be purposeful: if you want to do business in Europe, identify promising niches, offer an original product, and choose the optimal promotion strategy. Our material will help you navigate the market situation and find the shortest way to the souls and wallets of European consumers.
Advantages of business in Europe
The creation of the European Union and the Eurozone created a single international market with a common currency, transparent rules of the game and inexhaustible opportunities for the development of any business. Legal business in the European Union is capable of scaling within wide limits and has practically unlimited potential for growth and increased income.
At the same time, the unified European market is not a wild uncontrolled element, but a regulated space governed by the logic of the law, which protects the interests and property rights of each market operator. The consumer’s right to high-quality and safe products is protected by a unified system of certification and quality management of goods.
EU legislation encourages private initiative and creates attractive conditions for business activity, while taking anti-monopoly measures. The basis of the economy of the European Union is small and medium-sized enterprises, which are provided with comprehensive assistance. Regulatory mechanisms function harmoniously and do not bother entrepreneurs with petty hassles – administrative issues are resolved promptly.
The aspiration of Ukrainian entrepreneurs to develop business in EU countries is understandable – the standard of living and purchasing power of citizens of the European Union is many times higher than in Ukraine, accordingly, the company can systematically increase income, increasing sales and increasing the assortment and increasing the added value of the product.
Finally, opening a company in the EU gives the right to business immigration and registration of a residence permit in Europe under an accelerated program. The laws of the European Union allow the free movement of citizens, goods and capital within the Eurozone, allowing unimpeded business development in different countries – if you dream of peace without borders, live and work in Europe!
Business in the EU: benefits and difficulties of opening
Business in Europe is not only a matter of prestige, but also unprecedented opportunities for the development of small and medium-sized enterprises that have gained access to the largest market in the world. The European Union is the main trading partner for 80 countries, so finding your unique niche will not be difficult if you manage your resources correctly.
The ticket to the big game is the registration of a business in the EU in accordance with all the rules – it is necessary to undergo certification, confirming the conformity of goods and services to uniform European standards. Some types of activities require licenses, permits and approvals, and financial and tax reporting should be brought in line with international standards. However, the effort will be justified: legal operators of the united European market receive advantages that they could not even think about at home:
- high profitability of enterprises;
- reduction of the tax burden;
- profitable investment offers;
- simplification of document flow and reporting forms;
- preferential tax rates for small and medium-sized businesses;
- available loans in reliable banks;
- low leasing rates;
- preferences for investing in business in Europe;
- government subsidies and EU grants for socially significant projects.
On the other hand, opening a business in Europe is associated with some complications and formalities that should be prepared for. First, the availability of start-up capital must be documented, and in some countries it is mandatory to contribute the authorized capital in full or to create jobs.
Secondly, in the European Union there are fines and sanctions for tax evasion, and even small errors in the calculation of the amount and terms of taxation are considered violations. In some countries, the first income declaration is submitted within six months of the registration of the enterprise, and in Poland, even foreign seasonal workers who spend more than 183 days in the country declare income. Considering that it is difficult for an untrained person to understand the nuances of European and regional tax legislation, the help of a specialist will be needed at the initial stages.
Thirdly, labor relations are subject to formalization – employment contracts are concluded with full-time employees, subcontracts for one-time jobs. For each full-time employee, the employer is obliged to pay contributions to social insurance funds; administrative and criminal liability is provided for the illegal use of labor.
Popular directions for investing in business in Europe
Governments of the EU countries pursue a consistent policy of attracting investments in industries significant for the national economy. Each country has its own priorities, but in general, the trends are clear – Europe encourages investors who are ready to invest in large-scale infrastructure projects, high technologies and health care.
Technologies and startups
Augmented reality, artificial intelligence and machine learning are key areas of investment in the IT sector; corporate companies are also ready to invest in broadband Internet. In search of qualified personnel with low salary expectations, software companies are investing in opening branches in the countries of Central and Eastern Europe.
In order to support start-ups, business incubators are created – foundations that enter into an agreement with start-ups who want to test their ideas without registering an IP or a legal entity. In exchange for monthly contributions, the foundation allows the startup to use its credentials to promote its product and pay its bills.
Tourism and hotel business
Europe’s rich historical heritage contributes to the popularity of tourism and attracting funds to niche tourism projects – author and adventure tours, thematic excursions, retreats, etc. The field of hospitality is on good account with developers – large tour operators are ready to build hotel complexes on a turnkey basis, and small businesses are betting on apartments, boutique hotels and the purchase of residential real estate for short-term rental to tourists and business travelers.
Green energy
Concern about the problems of climate change and atmospheric pollution is fueling interest in renewable energy sources among consumers and investors. Poland is one of the leaders in Europe in the production of green energy at mini-stations that can be serviced by small entrepreneurs. They also invest in the production of solar batteries and components for wind power plants, as well as installation, repair and maintenance of ecological power plants.
Health care
Medical services, production of medical equipment and pharmaceutical business are priority areas for cautious investors focused on reducing the risks of investment protection. Investments in the construction of private clinics are characterized by quick payback and stable income, but for this it is important to find a reliable developer.
The Med Invest Group company specializes in the implementation of large-scale projects in the field of health care in Poland; at the moment, we are looking for investors for the construction of medical centers of a general profile on the terms of a franchise with the allocation of a share in ownership. You will receive a modern medical facility with established work processes, ready to receive patients; the complex support program includes services for the selection of personnel and equipment, preparation of the client base, administration and legal support.
Franchises are integrated into a network of high-tech medical centers with uniform standards and medical care protocols recommended by the WHO. A recognizable brand is trusted and evokes only positive emotions: patients rejoice in recovery, and investors rejoice in stable income!
The best European countries for doing business
When considering whether it is worth opening a business in European countries, entrepreneurs are guided by various criteria based on their own priorities. Economic growth rates, efficiency and transparency of regulatory mechanisms, access to credit and support programs, labor costs, etc. are taken into account. According to the combined assessment of various consulting agencies, the five EU countries were the most attractive for starting a business – we will dwell on each of them in more detail:
- Denmark: a huge selection of support programs for start-up entrepreneurs allows you to start a business in Denmark with minimal investment; the income tax rate is reduced for a period of 5 years;
- Sweden: loan rates are reduced for debutant companies; tax rates are reduced by 15%; subsidies are allocated for business in Sweden;
- Lithuania: the state motivates immigrants from Ukraine to open a business in Lithuania by issuing soft loans – up to EUR 3 million for 10 years and for working capital of up to EUR 200,000 for 3 years;
- Estonia: zero income tax applies until the start of distribution of income between shareholders and founders; if you are interested in long-term projects – register a business in Estonia;
- Latvia: no restrictions on foreign investments; it is convenient to develop a joint business in Latvia.
How to open a business in Europe
Legal business activity in Europe is possible provided that the company is registered in accordance with the established procedure, taxes and insurance premiums are paid. Foreigners who wish to open a business in the EU must be in the country on a legal basis – obtain a business visa or issue a residence permit. You can start a company on your own or turn to an intermediary organization if you find it difficult to interact with state structures. Turnkey company registration services are not cheap, but they allow you to avoid mistakes and delays when starting a business.
Choosing the form of entrepreneurship
Before registering the company’s business in the EU, decide on the choice of organizational and legal form that best suits your interests; if necessary, consult a specialist. In every European state, there are such forms of entrepreneurship as sole proprietorship (without formation of a legal entity) and limited liability company – a legal entity with material liability within the limits of shares of the authorized capital. Limited liability companies, open and closed joint-stock companies, collective enterprises, partnerships, etc. are less common.
In 2004, a new international organizational and legal form appeared, which is regulated at the pan-European level, bypassing national regulators – the European company (SE). A distinctive feature of SE is the ability to move the legal address to another EU country without liquidating the business, but the legal address must be registered in the same country where the head office is located. Only legal entities with limited liability act as founders; most often, SE is registered during the creation of offshore companies.
The organizational and legal form affects the amount of taxation and authorized capital, access to credit and the procedure for registering an enterprise. Imposes restrictions on the choice of the field of activity; some forms are not available to certain categories of citizens or become available subject to compliance with a number of conditions. For example, in Poland, a foreigner can register as an individual entrepreneur after obtaining a permanent residence permit or a Polish card, while the opening of a “companionship” (an analogue of an LLC) is available to all adults and able-bodied people, regardless of citizenship.
What documents does a foreigner need to collect to open a business in Europe?
The list of documents submitted by a foreign entrepreneur for consideration of an application for enterprise registration varies from country to country – check locally. First, prepare the founding documents of the company and collect the papers that are definitely indispensable when organizing a business in Europe:
- National and foreign passport
- Filled out questionnaire with photo
- Business visa and residence permit
- Enterprise registration certificate
- Licenses for declared activities
- Notification of the bank in which the company’s current account is opened
- Leasing agreement for the premises for which the legal address is registered
Opening a business visa to Europe
Issuance of a long-term business visa (category D) is a mandatory requirement for opening a business, investment activity and obtaining a residence permit in EU countries. Applications are considered within three weeks; in emergency cases, a visa can be issued in 15 days, but it is not worth the hassle of submitting documents.
The main documents for opening a D visa include: a valid biometric international passport, an application form, a photo of a prescribed sample, a bank account statement, a receipt for the payment of customs duties and proof of ownership of a company or a share in a business. Do you need a certificate of criminal record, an old foreign passport, an itinerary indicating the place of stay and other additional documents – check with the embassy.
Company registration
Enterprise registration in Europe is regionally specific – different countries adopt different tools for submitting and processing applications. However, the general patterns of the procedure can be traced, which can be expressed in the form of a simplified scheme of actions during the opening of a company:
- Choosing the organizational and legal form of the enterprise.
- Preparation of founding documents specifying the details of the company, the identity of the director, the list of founders, types of activities and the size of the authorized capital.
- Document certification at a notary public or through online services.
- Registration with tax authorities and social insurance funds.
- Obtaining a tax and statistical identifier.
- Opening a bank account.
- Issue of licenses, permits and admissions for the performance of professional duties.
For starting a business in the European Union, the correct selection of details is important: the name and legal address of the company must be unique; Traditionally, legal addresses are purchased from specialized companies. When specifying types of activities, one code is designated as the main one, and there may be several additional ones, the maximum number of types of activities is established by local legislation.
The result of the procedure is the inclusion of the enterprise in the state trade register – from this moment you have the right to legally conduct business in Europe. It is usually possible to open a company on the first attempt in Denmark, Italy, the Netherlands and Portugal, where they do not cling too much to applicants and register a new enterprise within 1-2 days; in other countries, the installation procedure lasts 14–20 days.
Purchase of a ready-made business in the European Union
An unprepared person rarely manages to avoid mistakes and register a company on the first try, but you can simplify your task – invest in a implemented project or purchase a ready-made enterprise. Buying a ready-made business allows you to avoid the tedious procedure of starting a business, and changing the owner, name and legal address of the company is much easier than opening a firm from scratch.
But not all offers are trustworthy – before purchasing a company, a comprehensive audit must be conducted to make sure there are no debts and problem assets. The declared price is much lower than the average market price – a reason to be wary; if you are limited in funds, consider the option of buying a franchise – integration into a large network business with well-established work processes is cheaper than starting your own business from scratch.
The Med Invest Group company offers to buy a profitable medical business in Europe without risk and with a guarantee of stable income – the investment will pay off within 5 years or we will return your share. Buying a franchise of a well-known Polish medical brand opens up access to comprehensive support of the project ecosystem:
- assistance in the selection of highly qualified personnel;
- selection and installation of medical equipment;
- informational and advertising support;
- administration and legal support;
- forming a client base.
The medical franchise in Europe gives a unique experience of participating in a large-scale project to introduce progressive standards of medical care in the field. With the exception of a lump-sum payment and royalties, no additional investments will be required from you – we immediately announce the entire amount of costs depending on the investment package you have chosen. Get involved in a healthy business and find good use of your abilities, relying on the support of like-minded people – this is the sure way to success!
A medical franchise in Europe provides a unique experience of participating in a large-scale project to introduce progressive standards of medical care in the field. With the exception of a lump sum payment and royalties, no additional investments are required from you – we immediately announce the entire amount of expenses depending on the investment package you choose. Get involved in a healthy business and find a good use of your abilities, relying on the support of like-minded people – this is a sure way to success!
