Substance matters are becoming tougher within Europe and worldwide for tax purposes, therefore, some clients may prefer to have more physical presence in the place of practicing, and not only virtual office services. The economic substance of a company is a physical presence in a certain jurisdiction for the purpose of tax benefits. In other words - a government must see that a company is physically represented and/or is conducting some form of its business in order to provide tax benefits and incentives.
https://www.confiduss.com/en/s....ervices/corporate/su
