Archive for October, 2009

Oct
30/09

Benefits of when you Register a Offshore Company

Last Updated on Sunday, 11 October 2009 08:58
Written by Peter
Friday, October 30th, 2009

In the recent past, the Offshore Companies have been one of the major points of attraction for the international investment and business activities. This has been necessitated by technological advancement that has made the global linkage very easy for most business individuals and persons. Emergence and improved access of internet makes many people access the sites that offer the offshore trading services.

The rules and regulations for the formation and registration of offshore companies that are provided in various websites by different offshore jurisdictions are good for comparison. Offshore Company foundations have been therefore improved to make the offshore company clients all over the world get the best jurisdiction for themselves. The new agreements that are made between nations have made laws and regulations for registering offshore companies change with time.

To register an offshore company, an individual first need to choose the country of jurisdiction that is tax effective in terms of income received. The level of security that is provided for the offshore companies (this is very important because some offshore jurisdiction often exaggerate the security provided.). Chargeable fee for registering an offshore company must also be considered. The registration fees often vary from one offshore jurisdiction to another. For instance, Seychelles IBC (International Business Company) charges an incorporation fee of £ 575. This includes all the government charges providing a fully established Seychelles offshore company. To register an offshore account the following rules and regulations are mandatory:

o The name of the offshore company must be given. This name should not be the name of a company existing in any other offshore jurisdiction. In Seychelles, the specified offshore company to be registered can have its name in any language. However, an authorized translation will be required in case the name isn’t either English or a French name.

o The Memorandum showing the terms and union must be presented. The Seychelles Offshore Company Registry is responsible for handling this document.

o During incorporation, the Articles of Association must be filed. The Seychelles IBCs requires that all the offshore registered companies have registered offices.

o The name of stakeholders and the board of directors must be presented during registration. These names must be clearly defined with the position and roles played of each member. For Seychelles IBCs, the shareholders can be from any country or originality. In some offshore jurisdictions, only one of the stakeholder and manager is allowed for integration of an offshore company.

o The ratio of shares of every individual member must be given. This will help in profit sharing. The share ratio also helps the offshore bankers know how the income will be shared between stakeholders. In Seychelles, the shares of the offshore companies may be issued in very many forms. The shares in currency form or given in form of some needed valuables.
o The offshore tax agreement form must be filled. This acts as a written agreement for taxes to be charged on the total or subsidiary income received by the company. The IBCs in Seychelles nevertheless exempt all the offshore companies from paying taxes.

However, different offshore jurisdictions provide different offers to attract more international investment. For example, the Seychelles IBCs provide offers such as Apostilles that legalizes the specified offshore company internationally, allowing the offshore companies own shares in the Seychelles companies, get a security provision from the government, own properties such as ships and other vessels with Seychelles registration and have the corporate shares with Seychelles populace.

Offshore Company Formation
with CCLOGIC.COM, we provide reliable online registration and formation of Offshore Companies and online opening of Offshore Bank accounts through our advanced ordering system Online Registration & formation of Offshore Company

Tags: anonymity, assets, belize, bvi, company, incorporate, Offshore, privacy, protection, register, seychelles | Posted under Offshore Company Formation |

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Oct
29/09

Last Updated on Sunday, 11 October 2009 08:56
Written by Peter
Thursday, October 29th, 2009

Most IBC statutes have been drafted to meet the needs and demands of international market and amendments are made so that its can accommodate the growing market. These subsequent changes in the Act are meant to improve the efficiency and effectiveness of services rendered by offshore companies.

The whole process in incorporating a company is made is designed to meet set rules and guidelines. In Belize for example, it takes a few days o complete the whole exercise; from order form filling and submission. The system is just magnificent, never wasting much time.

The structure laid down in registering an offshore company is designed to save most of a client’s time and of course, money. For example, directors and shareholders can be one and the same. Rules have been simplified to allow more people to come up in registering offshore companies. Furthermore, these persons can take the form of a true person or even a corporate entity.

A shareholder or director is all you need to establish or register an offshore company and you are not bound to choice a director from the country of incorporation.

Information/ or details about the ownership of an offshore company is kept privacy. There is no identity revelation of the key players in the offshore company. Documents related to company transactions are not open to public scrutiny. Therefore, there is no need to worry about registering offshore companies.

The transfer of funds/ payments is made easier and interesting; cash payments are accepted as well as exchange of assets and the issue of traded shares is accepted in any form of currency. This is to kick out stress involving transactions in specific currencies. Shares regarding par value can be dispensed without this consideration and the general records are updated regularly to improve on their operations (taking Belize as an example). The basic share capital here stands at US dollars fifty thousand, and this can be matched with the same value but in a different currency.

One interesting thing about registering of offshore companies is tax exemption. These companies do not pay tax as well as stamp duty of any kind.

Offshore company yearly statements are not a requirement in the Belize IBC. It’s only the shareholders who may decide to do it from wherever they are. One more thing, offshore records are only filed by the directors/ shareholders and are the responsibility of the shareholders themselves.

Undertaking business activities in these IBC trade members is much fun; in most cases, local residents are not allowed to trade in offshore transactions. But on special occasions;
? A professional relationship is maintained between the accountants, solicitors and bookkeepers among others.
? The company often allowed to hold its meetings within the land and is allowed to keep the records of books in the respective country.

Therefore when you try to register offshore company, just take easy and visit the internet for all your needs regarding to registering of offshore companies. You’ll realize that it’s a business worth venturing in.

Tags: anonymity, assets, belize, bvi, company, formation, ibc, incorporate, Offshore, privacy, protection, register, seychelles | Posted under Offshore Company Formation |

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Oct
28/09

Why Register Offshore Company with BVI

Last Updated on Sunday, 11 October 2009 08:54
Written by Peter
Wednesday, October 28th, 2009

To many people offshore company formation may be the same or almost the same with all registration agencies. To register offshore company with us will guarantee you our unique company protection services that helps your company to trade in the safest way. In BVI BC, we guard our clients from threats that may harm the reputation of your business. There is also a 1 year free service subscription. These are some of the services you will not find in other companies:

Protection against company hijack: we immediately verify the bona fides of a form to change the company address and appoint new directors. Once this is achieved, we also go a head to implement a lock down feature on the company so that no fraudster can hijack it. This lock down feature ensures that no further change can be effected on the company records. Any change can only be done from our secure location with our administration facilities. Our facility keeps an audit track of all changes made to your company record, such as appointments and addresses, in order to prevent it from being tampered with by any illegal personality.

Protection of trademark registration: in case any body is trying to register a trademark that will affect your company name, we notify you. In case he/she succeeds in registering a trademark that directly affects your company name without your information, it is possible they can prevent you from using your company name. When such things occur you are likely to loose the investments you have made with your company name.

Company name registration protection: in cases where someone has registered a name that is confusing or similar with your company name, we always notify our clients. If the person who did that had bad intentions, they can cause more harm to your firm. It is possible for a firm to use your company reputation to order services on credit grounds. You can object to the company name through our online means, this when accomplished successfully, you will prevent any damage which can be done to your company name.

Furthermore, we aim at forming companies of good reputations by having you as the first director. You can later resign and transfer the directorship to another person. In case you use agent directors and shareholders to form companies, there are likely to be delays in the formation procedures. This is because anyone doing a search on your company will ask for a proof, as soon as he finds the first director to be somebody else. This gives the company a bad name. This is why we have you as the first director and shareholder to help give your company clean reputation in the registry.

The formations house provides specialized online company formation services across our territory and other offshore jurisdictions that have accredited quality service and efficient prices. You can access all the deals such as company registration procedures and restrictions and other details from us by online means.

Tags: anonymity, assets, bvi, company, formation, Offshore, protection, register | Posted under Offshore Company Formation |

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Oct
26/09

Last Updated on Thursday, 3 December 2009 11:27
Written by Peter
Monday, October 26th, 2009

To register offshore company is not as hard as many people might think. In Belize, it is even easier to register a company. As long as your country has favorable tax laws and numerous possibilities to run your business the deal is considered done. Belize Company is situated in a tax heaven and provides all documents fully certified and apostilled. (more…)

Tags: anonymity, assets, company, formation, incorporate, Offshore, privacy, protection, register | Posted under Just Offshore, Offshore Company Formation |

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Oct
23/09

Last Updated on Sunday, 11 October 2009 01:56
Written by Peter
Friday, October 23rd, 2009

Belize is a country ensconced at the coast of the Caribbean Sea and it is a place teaming with faunal wildlife and lush mangrove at the east coast situated at the Barrier Reefs. This young democracy is at the crossroads of political and socio-economic development, but nevertheless, it is so astute at building, as they have shown, very tight and solid offshore financial services.

One incredible financial service offered in this former British company is the self companies or what is also termed as ready-made companies. These companies are an International Business Company or commonly rendered as IBC’s. Shelf companies are basically companies that have not struck any dealings with anybody. This essentially means that they have not entered into any business transactions or obligations. Since they have not been in practical use, their incorporation documents are hanging on the “shelf.” To cause to legally exist or to Register Shelf Company, means a host of benefits.

Once you Register Shelf Company, others will reap the benefit once it is up for sale. With the incorporation already in full force, prompt deliveries will be the order of the day as all the hustles of incorporation will long be dispensed with. However, a company with the “pending” or others the “approved” mark are companies that are set for incorporation as stipulated by the Belize Registry of Companies but the said incorporation is still in the process of completion. Getting a fully incorporated shelf company will suffice for you.

The other upside that accrues from an individual who embarked to Register Shelf Company is the “age” factor. If you buy a shelf company that was registered awhile ago, the prestige that accrues from its long existence or age, will come with good returns. This will mean added respectability and a shade of useful dignity to your company. In fact, with such time-stayed existence getting the company name will not demand the hustle and bustle common with starting a brand new company.

If you are keen to Register Shelf Company, getting an online or document order form will suffice. And since the ready made companies exist in open configuration where the directors are not yet ascertained and the issuance of shares not yet done, he clients order may be the determining factor to consider. The moment you get into the business of registration there will be a name check to see if a company with the same name exists somewhere else. A contact in IBC’s registration is very important; more important than the order form.

Just like any other financially savvy country, Belize also takes client- customer communication an confidentiality very importantly. Via the Due Diligence facts and the payment gotten, your Memorandum together with the Articles of Association will be processed for your new IBC.

Through the chief registrar of companies to Register Shelf Company will be made complete by their certification and legalization. However this will only confine the company to local jurisdiction. To make it hold water abroad Apostille legalization or second-tier legalization will be necessary either by the Foreign Office or the Supreme Court according to the Hague Convention.

Tags: anonymous, assets, belize, bvi, company, cyprus, formation, incorporate, Offshore, privacy, protection, register, seychelles | Posted under Offshore Company Formation |

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Oct
23/09

Last Updated on Monday, 26 October 2009 07:58
Written by Peter
Friday, October 23rd, 2009

Registration of an offshore company is guided by a legal framework established by the respective authority or Government. In Seychelles for example, the 1994 Act regarding the incorporation of offshore companies forms the basic foundation for any practice involving offshore company registration. This law covers all external businesses such as commerce, trade and all activities related to investment are managed under this legislation.

As you ponder on registering an offshore company, think about the structure established to facilitate the smooth running of companies. When you register an offshore company, including a director is a prerequisite; only one director and shareholder are enough to enter complete the list. But for the companies own administration and well coordinated flow of events.

The nationality and area residence of shareholders can vary when registering this company here. Most countries in which this offshore services are provided do not place a red tape on the requirements regarding the director; it’s not mandatory that directors must be shareholders. They can be taken to be corporate bodies or natural people. This is one area which makes this whole thing interesting in the long run.

Standard share capital is meant to govern the running of these businesses. An offshore company in Seychelles is expected to have a minimum of between US$ 100 up to US$ 100,000 in order to meet the payments of the lowest registration fee; a yearly amount/ charge is also levied. For these companies, no maximum or minimum share capital is set. You can simply calculate on the figure you think will put you at the best level of achieving the set goals.

The issuance of shares is not restricted to contain par value, they may have or not. These shares can be traded in terms of money or even other assets valued in money terms and they cannot be exchanged before payments are paid.

As you think about registering an offshore company in Seychelles, it’s important to know that no taxes are imposed on any international business activities. It’s only the domestic market wing that is expected to meet the tax whip.

There is not rule that requires mandatory yearly meetings to be held by the directors and shareholders under the IBC fraternity. Incase there is a need for such meetings; they can be conducted in any place or area of the world through the telephone or via online chat.

Incase, meetings involving the IBC, respective companies are expected to own up by recording minutes and resolution copies of directors and shareholders.

Registering an offshore company takes a total of four working days to be accomplished. All documents relating to the offshore company are dispatched through shipping or even mail and a three day wait is enough for you to receive the delivery of the documents.

One more thing, the operation of the offshore company is renewed at the fall of the year. Such payments like office fee, Government fee, Nominee fee etc are effected at the end of a financial year.

As you take this long walk to register offshore company, tighten your belt in readiness to meet the requirements set by the highest authority.

Tags: anonymity, assets, company, formation, Offshore, privacy, protection, register, security | Posted under Offshore Company Formation |

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Oct
22/09

Last Updated on Sunday, 11 October 2009 01:55
Written by Peter
Thursday, October 22nd, 2009

If you really wish to secure your funds as well as the assets then you can consider registering Seychelles Company. You will embrace the copious payback immediately after registration. Given that Seychelles is one of the common wealth independent republics it is politically stable and thus you are certain on the security of your assets.

There are many advantages that you will experience when you register Seychelles Company, for instance you will enjoy reasonable pricing that involves simple legislative requirements. Seychelles being among the fast developing countries you will definitely enjoy a fast and efficient technical support.

Above all, your foreign income will experience full exemption from taxation. This is mainly because it is governed by civil law and that in the International Business Companies Act, IBC’s are excluded from taxation on all business activities or any transactions carried outside Seychelles. High privacy protection and limited liability is also provided. You have to register Seychelles Company for it to be legalized and be in a better position to conduct its business activities worldwide.

There is also no accounting requirement; this will enable you to save much time not to mention the resources. Registering accompany in Seychelles takes the shortest time since there are no complicated procedures included. For the professional and financial standing there are no requirements.

As opposed to other states, in Seychelles you will not suffer paying a huge amount of money in the name of fees, for example, there is no fee for accountants. In view of the fact that communication is the basic tool for any company, the documents are provided in both English and French and incase of any other language a translator is provided.

Immediately after registering your company in Seychelles, the shares are also accepted.However, to maintain the high privacy characteristic the beneficial owners are not revealed. It is a fact that in every company there might be an annual meeting, when this time comes if you are registered you will be amazed since there are no requirements needed and that you can even hold the meeting by any of the electronic means such as the telephone.

When you want to register the ongoing changes in directors or any officers, it will take you a couple of seconds and you will be through due to no requirements needed. The well established International Airports together with the advanced international telecommunications qualifies Seychelles to have the finest local infrastructure which is very significant for every company or business.

The merits you will experience as a result of registered Seychelles company are numerous and unlimited therefore you have to make that superb decision right now. Nevertheless it is advisable to do a thorough research on various jurisdictions so as to avoid simple mistakes. By so doing you will also discover the best site for your company basing on their laws and regulations. This should be done on the different strategically placed islands that form up Seychelles. The difference during the company registration comes in when you discover the unlimited paybacks in Seychelles compared to other countries.

Tags: anonymous, assets, belize, bvi, company, cyprus, formation, incorporate, Offshore, privacy, protection, register, seychelles | Posted under Offshore Company Formation |

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