Archive for May, 2009

May
28/09

How to register an Offshore Company in the Seychelles?

Last Updated on Thursday, 28 May 2009 11:01
Written by Peter
Thursday, May 28th, 2009

Considering registering an offshore company in the Seychelles can be a good thing if the purpose of the offshore company formation is to securing your funds and assets, for online business it might be only less attractive since it is very limited in regards of online payment processing.

To register a offshore company in the Seychelles isn’t difficult and only takes a few days, the entire process is handled online, and you do not need to visit the Seychelles even if it is worth to travel to the island. The Seychelles has been used by many for years now and is a common vehicle for Holding structures and when the main purpose is asset protection, securing privacy and liabilities.

When you start the process to register a offshore company in the Seychelles you will need to complete a application which simply just need to be sign and send electronically to the offshore company formation agency of your choice, together with your application you will need to send a utility bill in English and not older than 3 month and a copy of your passport.

Important to know is, the beneficial owner of a Seychelles company won’t be revealed to any authority and will be kept in a safe place with a lawyer abroad. A Seychelles company formation can take place with nominee shareholders and directors and are often provided by the offshore company formation agency for a small fee.

When you consider to register a company in the Seychelles you will need to ensure that your offshore company formation agency is able to open a offshore business bank account for your just registered Seychelles company, if they can’t do this, forget about it, a offshore company setup without any offshore banking is worthless and it is very difficult to find some offshore bank at your own or a agency which will help you with the opening of the offshore bank for your Seychelles company.

A Seychelles company is registered 100% anonymously and the beneficial owner of the Seychelles Company isn’t listed on any public register (if the registration of the offshore company is handled correctly) further to the registration process you can have the company registered with bearer shares which isn’t advisable since it will make it complicated to open any offshore bank account. Bearer shares can be used if you already have a reference in an offshore bank and they are willing to take on a new company they know is owned by you.

CCLOGIC LLC is providing fast and reliable offshore company formation services and offshore banking facilities to clients worldwide, we have specialized our self in the offshore company formation in offshore jurisdictions like : Belize, BVI, Cyprus, Seychelles and other places around the world where it is possible to obtain anonymity and security for the company.

Tags: Offshore Bank Account, Offshore Company Formation, offshore jurisdictions, register offshore company, register Seychelles company, Seychelles bank account, Seychelles Company, Tax haven | Posted under Offshore Bank Account, Offshore Company Formation |

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May
26/09

Offshore company in the British Virgin Islands, how to do that?

Last Updated on Tuesday, 26 May 2009 10:59
Written by Peter
Tuesday, May 26th, 2009

To register a company in the British Virgin Islands (BVI) it don’t requires much, but you will need to make sure what it is you need the BVI Company to do, if the purpose of the BVI company formation is to act as Holding Company or if it is used to be a company you will conduct business with.

Many private investors and professional organizations register trade companies in the British Virgin Islands with which they will enter into the Forex exchange trading market or currency exchange business which can be of great interest of the beneficial owner of the BVI company since tax regulations and asset protection is one of the main factors to register the BVI company then also simple offshore company structure can be another reason.

Offshore companies which are registered in the BVI have automatically a good protection for hiding the beneficial owner and also it is almost impossible to track down the owners and shareholders of the BVI Company due to regulations set forth by the regime at the British Virgin Islands.

One good reason for registering a BVI company is that if you pay up the share capital you will be able to take it out for paying yourself salaries or to make loans from the company which is legal and which gives additional opportunities for new starting entrepreneurs, taking a loan in your own company is prohibited in many European countries but it can be the key factor when considering to lose all your assets if something goes wrong and the creditors are knocking on your doors. Also it is easy to move assets from one BVI company to another BVI company or even to another company in other offshore jurisdictions without to have the tax authorities in between, this is impossible to imagine in any European country without a complicated process and a high chance that a court order will set aside this transaction.

The opportunities are many you only need to know what it is you are going for.

CCLOGIC LLC is specialized in the company formation in the British Virgin Islands, we have our activities in the major offshore jurisdictions around the globe which includes BVI, Belize, Seychelles and Cyprus, further to the additional company formation in the major offshore jurisdictions we also have a large network of banks which are willing to open business bank accounts for those companies.

Please do not hesitate to contact us or visit our website for the BVI Company Formation.

Tags: British Virgin Islands Company, BVI business, BVI Company, Offshore Bank Account, Offshore Bank Account, offshore banking, offshore company, offshore holding company, register bvi company | Posted under Offshore Company Formation |

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May
24/09

What is a tax haven and are they legit?

Last Updated on Sunday, 24 May 2009 12:47
Written by Peter
Sunday, May 24th, 2009

In today’s Internet world the borders have moved closer and conducting business from an offshore haven isn’t any difficult any longer. But many do not even know what a tax haven is or they have just hear the word somewhere discussed.

A tax haven is in its consents just an offshore jurisdiction / offshore country where no Tax or only a small percentage of tax has to be paid by a company on net profits.

Typically for an tax haven in an offshore jurisdiction is that it allow 100% anonymous incorporation of a company and that the possibilities to protect assets and equity are many and secure. A company in an tax haven is also called a offshore company and most common places to incorporate a offshore company are the Seychelles, BVI (British Virgin Islands), Belize, Panama, Curacao, Uruguay and not to be overlooked Cyprus.

With an offshore company duly incorporated in an tax haven you can conduct business in an tax and assets protected convenient way and you don’t need to worry about any creditors or liabilities your company might have. Offshore Companies are very often used by Online businesses and gives the owner of the company an easy and less expansive tool to kick start the business risk free and less expensive and complicated as know in non tax havens.

The business in tax havens and offshore company formation is in an ever changing development therefore it is important that you choice a reliable and trusted offshore company formation agency which both can help you in the registration of the offshore company in an tax haven / offshore jurisdiction like the Seychelles or Cyprus but also has a large network of financial institutions on those places which enables your offshore company to open a bank account and most needed for online businesses a merchant account to accept credit card payments, beside the first mentioned many offshore companies are also good vehicles for foreign Forex exchange trading and stock exchanges.

CCLOGIC LLC has many years of experience in the Offshore company formation in Tax havens and has also a large network with numbers of banks for the opening of bank accounts and several other Acquiring banks and processing partners in regards to accept credit card payments on a website.

Please contact us if you would like to know more about the offshore company formation, the opening of a offshore bank account or if you need a merchant account for your online business, we are always happy to answer any questions.

Tags: Cyprus offshore bank account, offshore banking, offshore company, Offshore Company Formation, open offshore bank account, register company Belize, register company Cyprus, register company Seychelles, register offshore company, Tax haven | Posted under Offshore Bank Account, Offshore Company Formation |

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May
19/09

Does it make sense going offshore with a company while the information of tax exchanges increase?

Last Updated on Tuesday, 19 May 2009 10:45
Written by Peter
Tuesday, May 19th, 2009

If you are planning to register a Offshore company in any certain country you will need to make sure that the jurisdiction of your choice don’t has any OECD agreement in regards to exchange tax information or you will need to make your offshore company formation completely legal and still gain tax benefits from it.

The first choice is to have a legal offshore company formation to take place; even if you have to pay tax in your home country then it gives you better possibilities to still legally save taxes and to protect your assets.

While the time is moving on and more and more offshore countries agree to the OECDS exchange of tax information in the battle to fight tax fraud, the focus from a business owner’s perspective should be on how to protect assets if things go wrong and how to save tax by planning the Offshore Company structure. As we believe, then in a few years almost any reliable country which today is considered as an offshore jurisdiction with secrecy and where it is possible to pay cero tax are gone.

If I can’t avoid to pay tax why should I go for an Offshore company Formation?

There are countless of answers to this question and you will need to consult a tax advisor to get the main reasons, managing a legal business which generates a good income and which is located in a high tax country will leave you with less net profit as if this company was owned by a Offshore Company. There are that many regulations towards companies in Europe that for a normal human being which not has an MBA in Tax regulations will stuck, with an Offshore Company things can be made less complicated and you can legally save min. 50% of the TAX you would be paying if you didn’t registered an Offshore Company (which will act as holding Company).

Did you know?

An offshore Company registered as an IBC in an offshore jurisdiction do not pay tax in the country of incorporation.

An Offshore Company which is registered in an offshore jurisdiction don’t need to have owned any shares for a certain number of years to get the dividend tax free.

An Offshore Company which is registered in an offshore jurisdiction has 100% assets protection which can protect entrepreneurs from huge losses and penalties.

If you register an Offshore Company in an offshore jurisdiction you can pay up the share capital to that company and legally make loans in that company to yourself, this is strictly prohibited in many European countries. Even if you don’t pay up the share capital but make profit you can take loans.

CCLOGIC LLC provides professional and reliable Offshore company Formation and the opening of Offshore Bank Accounts in many offshore jurisdictions, please visit our website for more information.

Tags: company offshore, offshore company, Offshore Company Formation, open offshore company, register offshore company | Posted under Offshore Company Formation |

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May
18/09

Can I have a company in Belize when I live in Europe?

Last Updated on Monday, 18 May 2009 09:02
Written by Peter
Monday, May 18th, 2009

As you investigation the possibilities of a company in Belize you will find many reasons for the incorporation in Belize, but not many will really tell you straight forward if it is possible as a foreigner to register a company in Belize.

It isn’t difficult and you can register a company in Belize regardless where you live and which country you are. In fact, a Belize company can be formed by any person or Holding company as long as the basic requirements are met. To register a company in Belize you only need to have a utility bill and a copy of your passport available for the registration process. Thus documents don’t need to be notarized or apostilled only requirement, the utility bill should not be older than 3 month.

A Belize company can be used for many purposes but the main reasons for many to register a company in Belize is to have privacy and for assets protection more than the lucrative tax saving. In order to conduct business online you will need to have a bank account and a merchant account for your Belize Company which isn’t easy, however, there are a few options for the bank account in Cyprus, a Belize Company can without any troubles open a bank Account in Cyprus even if Belize is outside of Europe but it can’t have a Merchant Account which often is the next demand clients have while the merchant account is used for accepting credit cards online on your website the bank account in Cyprus can only be used for your day to day banking, Forex trading and to send and receive International Wire Transfers.

We often suggest to have the Belize Company registered as an Holding company which again is registered as an International Business Company in order to be free to trade worldwide and to the 0 TAX an IBC pays.

A good company structure planning is needed and first of all you will need to have it clear what the purpose is of registering a company in Belize! The Belize Company can register another company within the European Union, often the country of choice is Cyprus, since Cyprus has almost the same benefits as a Belize Company but it is a member of the European Union which qualifies to apply for a Merchant Account and other financial services within Europe.

Once the Company structure planning and your business plan is in place you will need to find a reliable Agency which can help you with the total solution and which have experience in both the Offshore Company formation and not less important, a wide knowledge in the Payment Service Provider industry.

Choosing the wrong Offshore Service provider can have fatal consequences for the long term and can limit your company in Belize dramatically and in worth case you will need to start from scratch.

CCLOGIC LLC has many years of experience in the formation of Belize Companies and many other Offshore jurisdictions, the knowhow comes from the natural synergy there is between a Online Business and the need those have for secrecy, assets protection and of course to accept online payments. Visit our Website for more information.

Tags: Belize Business company, Belize company, belize company formation, business in Belize, company in Belize, form company in Belize, offshore company, register Belize company | Posted under Offshore Company Formation |

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May
17/09

Offshore Company in British Virgin Islands for my company structure.

Last Updated on Sunday, 17 May 2009 03:47
Written by Peter
Sunday, May 17th, 2009

When considering to setup a new business and if the business will conduct business online, it is common for many to just register a company for instant in the BVI (British Virgin Islands) once this company is registered the hunt for a bank account start and often also a merchant account to accept credit card payments. What people will face is that it is often complicated to become each or the other for the company in the British Virgin Islands, often a BVI company will be rejected by the banks and without any reason.

Now you wonder why?
A company in the British Virgin Islands is often very difficult to track down the ownership of, furthermore it don’t fit in any jurisdiction where it is of benefit to open a bank account or even a Merchant account to accept credit cards, it is possible to become both for the company in the British Virgin Islands, but often the fees and rates which apply are high and even if you have the benefit of 0% Tax that the company in the British Virgin Islands pays, then it will kill your cash flow and you are left over with a solution that not really work.

How can I setup the perfect solution for my British Virgin Islands company?
It is recommended that registering the company in the British Virgin Islands is done as a Holding company and at the same time as a International Business Company, once the BVI company formation has take place the British Virgin Islands Company is registering a company in an European country for instant Cyprus which gives you many of the benefits a company in the British Virgin Islands also have, but it tops up with the many possibilities to open a Bank Account for instant in Cyprus which comes with a high level of banking secrecy and also important it is possible to become a merchant account for your company in Cyprus.

Why should I have both a company in British Virgin Islands and Cyprus?
The reasons are many, but one of the reasons are secrecy, privacy and assets protection, you will have the best setup for all three factors mentioned by creating such a company structure. Also if you later on will extend your business venture with some different business activities you will be easily moving forward to separate this in another company and can move all dividend on profits free of tax to your company in the British Virgin Islands.

For more information on how to register a company in the British Virgin Islands or in Cyprus, please visit our website, we have specialized to setup professional offshore companies and bank accounts in Cyprus further to open Merchant Accounts with the trusted banks in Europe.

Tags: British Virgin Islands Company, British Virgin Islands company formation, BVI Company, bvi company formation, company in the British Virgin Islands, register a BVI company | Posted under Offshore Company Formation |

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May
14/09

Offshore Company in the Seychelles with success and for a low incorporation fee.

Last Updated on Thursday, 14 May 2009 10:26
Written by Peter
Thursday, May 14th, 2009

When considering going offshore with your business, this might be for any reason not only to safe taxes or assets protection, but also while you will have easy access to any banking facilities while incorporated in an offshore jurisdiction, then it is important to find the right offshore company formation agency and offshore jurisdiction.

One of such offshore jurisdictions are the Seychelles, with a wide range of banking facilities and a state of the art infrastructure on the island they are one of the common places to located a offshore business. For the majority of businesses which consider or already have incorporated in an offshore jurisdiction it is important to not be limited by their incorporation but that they will become more possibilities than what they would have in their own country.

A Seychelles Offshore Company Formation will provide you with much benefit others than tax savings and assets protection you will have a fully operational company which gives you privacy and which can become a business bank account for your day to day trading. While it is many of the 3^rd world countries is nearly impossible or very difficult to become a bank account at all, then many are limited to make use of a e-Currency like PayPal to send and receive money. Also even in European countries it can be a pain to send money due to a lack of technology even with some of the major banks, did you know that some Internet banking requires you to enter a unique code each time you want to transfer any money? Yes that’s true, you will have a sheet with for instant 15 codes on and if they are used you will need to order new codes, what a waste of time.

The major benefits of a Seychelles Offshore company are the easy incorporation, the turnaround time is only 24 to 48 hours and you will only need to provide a utility bill in English and a copy of passport, furthermore there is no requirement to pay up the capital of the company. Compared to many other offshore jurisdictions you won’t need to prepare any financial report on file.

A Seychelles Company Formation can be exercised as an Seychelles IBC ( International Business Company) which isn’t subject to pay any TAX at all as well as the shareholders and directors.

If privacy and security is of high priority a Seychelles Offshore Company can be incorporated with bearer shares which in a short term mean the one that holds the shares is the owner of the company there are no specific requirements in the law towards immobilizations or discrimination against the usage of bearer shares.

An IBC Seychelles offshore company registered with bearer shares can simply change ownership by handling over the share certificate from the existing owner to another person, that simple.

For more information about a Seychelles Company Formation and how to become a offshore bank account for your Seychelles Company, please do not hesitate to contact us or visit our website.

Tags: offshore company, offshore company business, Offshore Company Formation, offshore jurisdiction, register company in Seychelles, register offshore company, seychelles offshore company | Posted under Offshore Company Formation |

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