Services · 06 · Scoped design · then retainer

Structure decided before the first invoice.

Where the profit sits and how it moves. Holding architecture across the four countries and the EU, double-tax treaties, profit repatriation and ongoing accounting and compliance oversight — designed before the first invoice, not after the first audit.

Bosnia · N. Macedonia10%the region's flat floor — both entities, both countries
Albania15%with the region's most digitised, real-time invoicing regime
Croatia18/10%EU member; reduced rate below a revenue threshold
European average21.6%the benchmark your structure is measured against — Tax Foundation, 2026
Scenarios

When the structure becomes urgent.

Structuring is cheapest exactly when it feels premature. Three moments when it stops being optional:

Profit

The company starts earning

The operating company works and profit accumulates. Every quarter without a repatriation route is capital parked at the mercy of next year's rules.

Group

More than one country

A second company appears — another country, another currency, intra-group invoices. Without designed flows and agreements, the group is improvising its own audit findings.

Investors

Someone wants to buy in

Investors and lenders price structural mess ruthlessly. A clean holding with documented flows is worth real percentage points at the term sheet.

Process

Design first. Then keep it true.

A structure is a decision plus its maintenance. We sell both, in that order, and never the second without the first.

01

Map the flows

Who owns what, where revenue arises, where costs sit, where the owners are tax-resident. The map is the deliverable most clients have never actually seen of their own business.

02

Design the structure

A written memo: recommended architecture, treaty positions, repatriation routes, substance requirements — with the boring alternative included, so you choose with open eyes.

03

Implement

Entities registered or re-papered, intra-group agreements signed, accounting set up per company. The structure exists when the documents do — not when the diagram is approved.

04

Oversee

A monthly retainer keeps the books, filings and substance aligned with the memo — and flags when a rule change means the memo itself should move.

The rates the structure works with

Corporate income tax, statutory rates 2026, %. The design question is not the rate — it is the route profit takes through them.

European averageEuropean average: 21.6%21.6%CroatiaCroatia: 18.0%18.0%AlbaniaAlbania: 15.0%15.0%Bosnia & HerzegovinaBosnia & Herzegovina: 10.0%10.0%North MacedoniaNorth Macedonia: 10.0%10.0%

Source: Tax Foundation, 2026. Withholding taxes, treaties and substance decide what reaches the owner — that is the memo's job.

Case notes

How this plays out in the region.

Two case notes from the practice this service is built on — international owners, regional facts, and the method doing its job.

UK founder · two operating companies

The memo that said “not yet”

The situation

A UK founder with operating companies in Bosnia and North Macedonia arrived convinced he needed a holding — an adviser elsewhere had already sketched a three-entity diagram.

The work

The flow map showed direct ownership plus the existing treaties already delivered the optimal route at his distribution levels; the memo said so, priced the threshold at which that stops being true, and set a review date.

The outcome

The engagement ended at the mapping fee. Two years later, past the threshold, the same client came back and built the Croatian holding — this time because the numbers said so.

EU industrial group · three countries

One holding with a real office

The situation

An EU industrial group ran three regional operating companies with tangled intra-group flows — management fees invented at year-end, loans nobody had papered, and a bank refusing to lend at group level against the mess.

The work

A Zagreb holding with genuine functions — regional management and shared services — took the shares; intra-group agreements were papered at defensible terms; the dividend route was documented leg by leg with substance to match.

The outcome

The group refinanced at the holding level within a year; the first tax audit of the new structure closed without adjustment — the structure survived contact, which is the entire point of designing it early.

Case notes are composites: drawn from real regional practice, with details merged and anonymised. They illustrate the method — no two engagements, and no two outcomes, are identical.

Pricing

A design fee, then a retainer.

The design and implementation are scoped once, in writing, after the flow-mapping call. The ongoing oversight is a monthly retainer per company, quoted alongside the design — so you see the full running cost of the structure before you approve it.

The rule

No structure for structure's sake. If the mapping shows your current setup is already right, the memo says exactly that — and the engagement ends there, at the mapping fee. We sell positions, not entities.

One desk

Usually paired with.

Each service reuses the documents, translations and KYC already in your file — the second engagement is always faster than the first.

Scoped work is quoted once, in writing, with a named deliverable and a deadline — the quote does not move after you accept it. Payment is processed by Stripe; the invoice is issued by Voixa Consultors S.L.

Start here

Profit deserves a route.

Send a short brief — companies, countries, flows, owners. We answer with a written scope for the mapping and design, and the retainer price for keeping it true.