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Our little-known loopholes in offshore structures help our members to increase their profits by 30% per year

How much would a 30% increase in your annual profits mean to you and your company?
$10,000?
$100,000?
or maybe even $1,000,000 or more!

The difference between a company that increases their profits 30% and a company that loses out on that profit is the information they have available to them.

The famous saying “Knowledge is power” is extremely evident in the setting up and maintaining of offshore companies and bank accounts. Having access to the right knowledge can not only dramatically increase your profits but it can also help you to maintain 100% privacy and can protect your assets from any external threat.

Failure to have access to the right information will leave your company’s assets exposed to law suit and other threats, will cause your company to pay excessive taxes and will cause your privacy to be exposed. This is something you want to avoid no matter what!

Our team of professional legal and tax advisers are ready to help you create a strategy to protect your privacy and your profits. All you have to do is ask.

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Offshore company Forum which can be found here.

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Seychelles is a beautiful island in the Indian Ocean. It has grown to become one of the largest offshore business centers in the world. Its popularity is on the increase due to the flexible rules that the country provides. First of all, you do not need to have more than one director in the company.

Furthermore, the directors do not have to be shareholders of the company.

Seychelles is indeed marvelous. The setting of the island provides easy access from many countries on the mainland. It is a stop for many cruise ships and other transportation means. It is a republic and operates on both the English common law and French civil law in its legal system. It is the ideal place to set up your offshore company. Its requirements are basically those of the IBC (international business corporation)

Seychelles company formation process is easy and provides all the privacy you could need. In this sense, you can easily set up and manage a company in Seychelles without much hassle and worry. The Seychelles company formation process is simple and it will only take you five days to have your company up and running.  You need to have an office in Seychelles for all your business activities. This is the registered office and it should be able to handle all the paperwork of your company. You are to send the office address and name of the subscriber of the business to the registry.

When setting up the company, you are required to have it in the official language that is English or French. However, you are allowed to run the business in the language of your choice provided that you provide translations in English or French. This is just how flexible the rules of Seychelles company formation are. You are not allowed to have a company with the same name as the one in your country of origin. You need to search for a name that is available to use for your company name.

In addition, there are no minimum or maximum capital requirements for the Seychelles company formation. However, you are required to pay statutory fees for the capital that you choose to have. If you are having capital of less than $5,000 you are required to pay a fee of $100, if your capital is less than $50,000 then you are to pay a fee of $200 and fort amounts greater than $50,000 you are to pay $1000 as the fee.

Once your company is incorporated you are to file for the Memorandum of Association. Your new company is exempted from taxes but you are required to pay yearly charges for renewal of company documents, government charges and so on. The registered office is meant to handle all this type of paperwork concerning the company.

Make sure that you are aware of all the requirements and rules concerning registering an offshore company in Seychelles. These islands provide one of the best places to set up a business because it is away from the mainland and provides you with all the privacy you need.

We provide the following company formation services, Seychelles Company Formation |Belize Company Formation| Offshore Company Formation | BVI Company Formation | Bahamas Company Formation

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The current changes in the economy have led to people seeking new ways through which they can improve their businesses. Company formation outside one’s home country has over the years gained considerable popularity. Delaware is one of the places that is well liked by many company owners who form corporations there. It is popular because of its business friendly environment and low incorporation cost, a secure legal platform and a guarantee of asset protection. There are over 400,000 corporations in the state of Delaware. If you want to join the bandwagon, there are a few things that you should know about Delaware Company Formation.

Before you venture into the company formation business, you should first of all ensure that you know and understand what the requirements are for this type of investment. Some of the information that should be at your fingertips before you form the company include the various legal requirements, how to open a bank account for your business, local licensing procedures and many other formalities.

There are several types of entities in Delaware. It can be quite a difficult task trying to figure out which entity is best for you. Some of the entities include Limited Liability Corporation, General Corporation, S-Corporation, Close Corporation and the Non-Stock Corporation. To make your work easier, you should go through all the features of all those entities and then choose the one that has features that coincide with your business needs.

Getting in touch with a registration agent is very important. The agents who are normally residents of Delaware will help you with the registration process, which also happens to be the most important part of incorporating in Delaware. They will also help you find an appropriate office for your company. Find out if there are any other services that they offer so that you can ask them to help you when the need arises.

You should also find out as much as possible about corporate compliance and policies, which you are supposed to follow as the owner of your company. This will help you learn how to avoid court suits, and you cannot avoid them, learning the statutory requirements will enable you to know how best to deal with them.

One of the things that you have to be careful about is the kind of registration agent that you hire. There are many unscrupulous dealers out there. To avoid falling victim to such people, you should find out as much as possible about the person you intend to hire as your agent. Make sure that he is licensed by the relevant authority. You should also examine his work history to ensure that he has a clean track record. Do not take any of the registration details for granted. Do not try any short cuts when registering and follow all the laid down procedures. This will help you avoid unnecessary lawsuits. A similar kind of diligence should be applied when you are dealing with company formation service providers in Delaware.

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Delaware is a great place to start your business. It is a business friendly State with laws to protect your corporation. It will offer you all that you need to get your business up and running. If you are seeking to start a business then the best thing that you should look into is incorporating your business. A good location for your business is the first thing that one needs to search for when setting up a company and there is no better place than Delaware.

Incorporating your business is a simple process that you can complete in a matter of hours. In Delaware company formation, it is necessary that the business assets should be owned by you, your associates or family members but not by the public. This will make the registration process much simpler and you will be able to for your company in a couple of hours.

Once you have decided to set up your company you will need to find a company name. You can simply search on the search engine to see whether the name is available. Then you will have to fill in the required paperwork to register your new company before you can register it as a corporation.

You will need to search for a registered agent who will be responsible for guiding your company into incorporation. The registration agent can be an attorney, a company that specializes in the process, a family member, etc. Although to for the Delaware company formation you do not have to be a Delaware resident, the agent you choose must be one who Delaware is the place the live and work. A good registration agent should be aware of all the requirements for the registration process in Delaware company formation. They should have had previous experience in the process so that they are able to tackle easily any problems that they may come across on the way.

The forms that need to be filled for the registration process can be found in the state corporate filling office. Find them and fill all the required data. The data includes your company name, its purpose, the address of the company office and the size of the shares. Note that the registration forms need to be returned with a registration fee to the state office. You can inquire for the fee amount from the registration office in the state office. The registered office needs to be in Delaware. This is the company office that is to handle all the required paperwork for the company.

Many businesses chose Delaware because they provide a complete registration package for the incorporation. The Delaware general corporation law is the most flexible and advanced in the country. Many sophisticated investors favor Delaware in corporation and due to this, it may broaden the business opportunities. Another reason why Delaware is the top choice for many is the Delaware secretary of state and the quality judges. In general, Delaware is the best place in the United States to register your company.

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The BVI are islands that are located on the Caribbean Sea but they are part of the British territory. They are famous for their white sand beaches and serene environment. Since the British control the land, the British law applies. Registration of a company is stated under the Companies Act of the common law and it states that before a company is registered, it must meet a number of requirements that are set by the company regulatory authorities. Among the requirements that a company is supposed to meet are the business name and the registration of the same. This is done after the registrar of companies has approved the name. The name of the company does not have to be in English. The company can be registered with a name in any language. The entire process of registering a company takes an average time of one week. This depends on whether the company has met all the requirements that it is required to have.

Other requirements of a company before it is registered include a minimum of one director and one shareholder. This makes sure that there is a person who is answerable on behalf of the company and there is a beneficiary of the company. These two parties must be there for the company to be recognized as a legal entity as stated by the law of the land. Due to this reason, every company has to have a number of shares that are issued and the share certificates must be submitted to the authorities as proof that the company has met the share requirements. Share certificates also show that a company is capable of operating in the capacity that it has stated in its documents of operation.

In addition to the constitution of the company, the company management is required to submit a copy of the articles and the memorandum of association. These documents list down the procedures that are employed by the company in the running of the business. These documents also show the management structure of the company so that there is a point of reference at anytime that the authorities may want to confer to the company. A Physical address is essential in the registration of a company. This is because it assures the authorities of the place where they can look for the management of the company if the need to communicate with the company management arises.

The domicile of the company management does not have to be in the British territory. This makes it favorable for foreign investors. There are allowances for using an agent to register a company on behalf of an individual. This mainly happens for the individuals who seek anonymity. With these allowances, registering a company in the BVI becomes easy. The management should always ensure that they register with the income tax department. This avoids cases of tax evasion either by ignorance or lack of knowledge. This is why the company registrar requires a certificate of tax compliance.

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The British Virgin Islands became autonomous in 1967. They are former British colonies but are now British territories outside the United Kingdom. Within these territories, the head of state is the currently reigning monarch; Queen Elizabeth the Second currently, Long Live the Queen! The Monarch appoints a country representative to execute power within each territory. There are governors in areas of permanent populations and there are commissioners in areas of temporary populations. The governor acts as the de facto head of state and is responsible for appointing the head of government and senior political leaders. The governor also liaises with the government in the United Kingdom on matters pertaining to his area of representation and performs ceremonial duties. Commissioners also wield the same power as the governors but they also act as the head of state.

The U.K. provides assistance to these territories via the department of International Development. Within the BVI, the legal system is based on English common law though there are a few variations made to suit the local population. Any foreign affairs matters are handled by the foreign and Commonwealth office in London. Within the BVI, the currency ranges from the pound sterling, the Bermudan dollar to the Euro. These islands consist of Tortola, Jost Van Dyke, Anegada, Virgin Gorda, and another 50 smaller islands including the Cays. Of all these only 15 are inhabited with the capital known as Road Town in Tortola, which is the largest island. The total population of these islands is 22,000 people and 18,000 of these are located in Tortola.

The main language of the BVI is English with a quick Creole accent. Companies that are registered within these islands have the capacity to engage in a wide range of activities. These include project finance transactions and structural asset transactions. This is due to the introduction of The British Virgin Islands Business Act of 2004. This is the sole business act in the region. Since January 2007 legislation was drafted to ensure that businesses were conducted in a uniform manner (according to United Kingdom law) for all the over seas territories. This legislation ensures that the territory is fully compliant with European Union code of conduct for business taxation and savings tax directives.

Under the International Business Company’s Act 2003 established on December 31, 2004, all the international businesses within the BVI must meet the following requirements: Firstly, the company must have a register of directors and appoint a director within 30 days of incorporation. (There is no stipulated minimum amount for capital). Secondly, an account within the BVI is not required but if one is available, it must be open to audit. There are no returns needed from the shareholders, directors, or officers. Any meetings the organization conducts do not need to be done in the BVI but can be conducted over the telephone. Lastly one director and one shale holder are required for the company to begin operation and the memorandum and articles of understanding are the only things pertaining to the company that are available publicly.

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BVI is a very old and very reputable financial center and the system has been proven to work a number of times and is now considered a benchmark in the world. This aspect is what most offshore tax havens tend to lean on and try to emulate.

The first step would be registering the company, which is very simplified, and some agent companies offer this service online. The order for the registration is very simplified and just amplifies the important issues. The companies are also very flexible and give an option of downloading the document and after completion to be sent via fax to the destination for processing. Most of the time the agent companies get in touch with you through email or a phone call to ensure that your details are in order. The same company also avails a list of off the shelf companies, which are very easy to manage as the paper work has been finalized for you. After the initial process has been managed, a confirmation is sent to the client to ensure that the details are as he/she required.

A memorandum of Association and other mandatory documentation are then prepared to register the BVI Company. If you are using an agent to do this, the initial company formation information will be prepared and signed by the registered agent on your behalf. After this process, the documents are meant to be filed with the BVI registrar of Companies. The agent company handling your project will be entitled to pay all the process fees at this point, still on your behalf.

All the documents for the intended BVI Business Company should be composed of the following list of items. These eight items must be up to date where applicable.

1. Original Certificate of Incorporation
2. Memorandum of Association
3. Articles of Association
4. The Minutes and Resolutions dealing with the appointment of Directors
5. Allocation of shares
6. Share certificates
7. Copies of the Registrar of Directors
8. The Registrar of Shareholders

In some cases, the agent company is advised to offer a professorial director or even a nominee shareholder service to the company as they are still setting up shop. In this case additional documents will have to be drafted which may include a she transfer form, trust declarations as well as the appointment of the agent company with the power of attorney. A corporate seal might also be included for the agent company to supply if the client needs it done.

As a norm the company documents will need to be certified, this is because the documents issued in one country can only be acceptable in that country alone. The Chief Registrar of Companies (CRC) will certify by a Notary or even by a Government officer your document in this particular case. After this is done, one needs to understand that this is just a certification only for use in a country where the document was issued, but almost useless abroad.

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To come to a central point of doing business, it was made possible that all companies who want to engage in worldwide business deals have to have a way of identifying themselves and so came the certifications, which act as a very key role in the business process of the BVIs. To ensure that a document is legally acceptable in another country by another company, the world has agreed on a uniform/one system of identification called the second-level certification, which seconds the validity of business documents and of all public documents. This is the Apostille legislation, or what people call the “The Hague Convention”, of the 1961 caucus.

What we call the Apostille process is actually not that complicated; a higher individual then additionally confirms the signature of the individual who had made the initial local certification (in this case the Notary or Attorney in the BVI). On a normal day and if all is in order, by a designated government office of the company of origin, in very big companies it is given by the foreign Office/Supreme Court. On getting this second certification, the document would be considered a legal document in all member countries of the Hague Convention. The Hague Convention is signed by almost eighty percent of the world so the document is applicable in all these countries. If the country you operate your business in is not a member of the convention, you will need to be certified by the Embassy of your country, this can also be the Embassy representing your country. The process is usually very time consuming and very expensive. In the long run, however it is worthwhile.

How is the certificate used in real life you may ask? This will give you a feel of all you can do with the certification:

1. Open a foreign bank
2. Securities account opening
3. Purchase of real estate
4. Register a branch
5. Show the company documents to a third party outside the BVI

Most agent companies offer this service to its client if it is clearly stated in the initial documentation. The company would normally arrange Apostille certification for one full set of copies of the main incorporation documents. As the business grows, more Apostille certifications would be required as this is usually arranged as the time comes. On the same note, we would also advise our clients to also Apostille-certify the original Certificate of Incorporation. This makes it a very strong document when finding business in another country even without providing the rest of your legal documents. Because the new BVI Business Companies Act of 2004 is very flexible and can be interpreted in many ways, any user’s specific needs are usually catered for. The wording of the documents can be manipulated to fit your needs so that the documents are satisfactory to the client and still legally binding in the eyes of the law. In case of such needs, however, the owner of the company must mention this in advance when the writing the documents.

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Belize is a country that is located in Central America. It has a population of approximately 300,000 but the growth rate is high, approximately 3% of the entire population per annum. Due to this increase in population, Belize is a viable country for business. The first step for starting a business would be to register the company. The Belize government has set a number of requirements for any individual who plans to register a company in Belize. These requirements are mainly set to regulate the company standards and ensure that the playground is level for all the companies in Belize.

The requirements for registration required by the Belize company are listed in the company Act that regulates international business that was enacted in 1990. This act is part of the British common law that applies in many states that were colonized by the British. The act states that once the proprietors of the company meet the requirements, the incorporation should be effected immediately. However, due to the technicalities involved in the registration, it takes a day or two to complete the registration process. The most unique thing about the registration of a company in Belize is that the names of the shareholders and directors are not filed with the authorities in Belize. They are only concerned with the business meeting the requirements of the land. They do not interfere with the management of private entities.

The requirements for opening a company in Belize include, a director for the company where a single director whether privately or a corporate is enough. One or more shareholders who are the director as well could also act as a shareholder and no secretary is required. The main requirement of the company organization is the director. The director does not need to be a citizen in Belize for them to obtain a certificate of incorporation.

An advantage of registering a company in Belize is that there is no payment of tax for international businesses. This tax exemption of international businesses has made many company proprietors to register Belize company since the returns are not taxable; this is a friendly business environment. For the companies that operate in Belize only, tax is not exempted and they are required to register at the income tax offices. There is another tax for such companies, the general sales tax.

However, incorporation of a company in Belize does not require much money. With 1000 Belize dollars, you can register a company. However, there are other requirements that must be met by international companies like a minimum of $50,000 in share capital and there should be a dividend offered at $1 to at least one shareholder. The authorities in Belize might require a number of supporting documents while registering a company. These may include the articles and memorandum of association as well as the letter of appointment that was issued to the director. Other optional documents would include share certificates for shareholders, which will help the government in settling any disputes that would arise in the company.

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In Belize, like in every other country, the business documents definitely need to be certified. A Notary or a government employee like the Chief registrar of companies can certify legal documents. (A public notary is an office constituted by law to serve the public for non-contentious issues concerned with powers of attorney, deeds, estates, foreign and international business).

This particular certificate issued by the registrar of companies is only legal and binding within the country in question. There is however, a way that a legal document from this or any other country can be made internationally acceptable. This is through the Apostille legislation that was enacted at The Hague on 5 October 1961. This legislation states that the present convention shall apply to public documents that have been executed in the territory of one contracting state and which have been produced in the territory of another. These include administrative documents, notary’s acts and any documents emanating from an official connected to the courts, tribunals or the state.

This means that the signature of a different official who is independent and holds higher office certifies the signature of the official in the initial certification. A different government office, foreign office or the Supreme Court within the country where the initial certification was done usually does this. The certification stamp or sticker that is consequently issued is what is referred to as the Apostille. This document is now deemed acceptable in the member countries like Barbados, Lesotho, and Kazakhstan. This type of legislation is required in Belize for the following reasons: firstly to open an off shore bank account. This is necessary in business transactions regardless of location. To open and operate a securities account for the organization. Thirdly, this legislation is required in case the need to register a branch or joint venture that involves the company arises. Finally, it is needed to enter any transactions as far as the international Belize Company to be opened is concerned.

Certification of one full copy of the company’s corporate documents is standard practice for ease of doing business. Additional copies can be produced on demand. (A useful tip: it is advisable to Apostille-certify the original certificate of incorporation).

Once all the company requirements have been met, the company is then incorporated within 24 hours. Any additional certificates take 1 or 2 days to be sorted out on behalf of the company. The company can now go ahead and register for business tax at the income tax department. The business must register with the general services tax authorities before it can begin to conduct business. The relevant certificate of compliance has to be presented before the business is registered. This takes 10 days at a cost of 150 Belizean dollars. If the registration takes longer than this to be completed the company can go ahead and begin conducting business. Taxes for this period must still be submitted to avoid tax evasion penalties or interest charges that are usually punitive to say the least.

We provide the following company formation services, Seychelles Company Formation |Belize Company Formation| Offshore Company Formation | BVI Company Formation | Bahamas Company Formation