ºÚÁÏÍø×îÐÂÈë¿Ú

Setting up an export wholesale company in ºÚÁÏÍø×îÐÂÈë¿Ú

Vigipharma
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I am working as an AE for scientific consulting/medical writing.

I have some plans for additional activities completely different from AE activity. I have a partner not ºÚÁÏÍø×îÐÂÈë¿Ú financial resident who will be an investor.

Specifically, the idea is to set up an export wholesale company in EU which:

  • Sells health/beauty products (produced in Israel) to non-EU country (but located in Europe).
  • These products will never enter the territory of ºÚÁÏÍø×îÐÂÈë¿Ú and go directly to the target country via air transport. 
  • Have 2 business partners – myself and non-EU resident (not living in ºÚÁÏÍø×îÐÂÈë¿Ú).
  • We will not be taking monthly income and can wait for the dividends.
  • I will be working from home based office in ºÚÁÏÍø×îÐÂÈë¿Ú (not my property but a rented apartment) and my partner will visit ºÚÁÏÍø×îÐÂÈë¿Ú from time to time.
  • Both invest 50/50 in the company.
  • Both invest 50/50 in the first order of the products (approx. 10 000 EUR).
  • We are not expecting this Company to be very profitable during the first years of business as the products are new on the target market and require investments in promotion.
  • My auto-entrepreneur activity will give me stable income with min social security charges (approx. 23%).


I read your recommendations and think about SARL

As you already mentioned to others, the set up cost is appr 2200EUR plus yearly accountancy fees appr 2000EUR.

As I will not be taking any salary and my partner is not ºÚÁÏÍø×îÐÂÈë¿Ú resident, do we need to pay social security charges at all? I will be paying them as an AE nevertheless. Will it be confusing for the agencies? There is an option that my husband can be a business partner instead of me. He is on CDI contract in ºÚÁÏÍø×îÐÂÈë¿Ú and not registered with any business.

Non- ºÚÁÏÍø×îÐÂÈë¿Ú resident and financial resident of another country - will he be able to charge SARL in ºÚÁÏÍø×îÐÂÈë¿Ú for travel expenses and promotional activities in the target market (if money are taken from the prof account in ºÚÁÏÍø×îÐÂÈë¿Ú).

SARL with the activity of wholesale export – does it need to have a special license if the products do not enter the ºÚÁÏÍø×îÐÂÈë¿Ú territory?

To what extent setting up of this kind of business will be complicated in ºÚÁÏÍø×îÐÂÈë¿Ú ( timelines, legal involvements, closing the company when we leave ºÚÁÏÍø×îÐÂÈë¿Ú, etc)
We are looking at different options in Europe and consider ºÚÁÏÍø×îÐÂÈë¿Ú as one of them as my husband and will be are living here (for 3-5 years, may be more) and are ºÚÁÏÍø×îÐÂÈë¿Ú financial residents.

Answered
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