Company Formation in Financial centers

The Seychelles is booming as an International Offshore Financial Centre and it is not difficult to see why. The jurisdiction has many appealing features:

• Stable and Independent Country
• Fast Incorporation, usually within 24 hours
• Low Incorporation and renewal Fees
• Convenient Time Zone +4 hrs GMT
• Multi-lingual Incorporation documents allowed (Chinese characteristics accepted)
• Secure offshore banking
• Nominee Shareholder and Directors permitted
• Corporate Nominees permitted (including those from other jurisdictions)
• 1 shareholder, 1 Director; minimum requirement
• No public register of Beneficial Owners or Shareholders or Directors
• Bearer Shares not allowed.
• No minimum Share Capital requirements
• Information sharing agreements in force with some countries in EU
• No Annual Financial Accounts returns
• No Annual meeting requirements
• Not on OECD or FATF blacklists
• Not subject to EU Savings Tax Directive

The International Business Company’s Acts 1994 was enacted to provide a comprehensive regime for the incorporation, regulation, operation and taxation of International Business Companies.

International Business Companies (IBC) have the following characteristics:

• International Business Companies are not subject to taxation within the Seychelles.
• An International Business Company need only one shareholder and shares are issued in registered form only. Details of the shareholders do not appear on the public file,although a Register of Members must be maintained. If the Register is not maintained at the registered office address, a notification must be filed with the Registrar identifying where it is located. The Register is only open to inspection by members of the company.
• A minimum of one director is required and corporate directors are permitted. Details of the directors do not appear on the public file, although a Register of Directors must be maintained.
• International Business Companies are not required to file annual accounts.
• Incorporation can be achieved within 24 hours. However it does take a few days for documents to arrive from Seychelles.
• There are no specific statutory provision governing secrecy in relation to companies but English Law, which applies within the jurisdiction,does impose a common law duty on professionals to keep the affairs of their clients confidential.
• As a matter of local company law the company must maintain a registered office address within the Seychelles and must also appoint a Seychelles resident as a registered agent.

The following words cannot be used: Assurance, Bank, Building Society, Chamber of Commerce, Chartered, Co-operative, Foundation, Government, Imperial, Insurance, Municipal and Trust, or any other words which suggest the patronage of any Government.

All company names must end with Limited, Corporation, Incorporated, Societe Anonyme or a similar recognised alternative.

Our standard package includes: company formation, two apostilled set of documents. In addition we provide: nominee services, bank account, company secretary, internal book keeping.

We offer also Seychelles financial company. Contact us for more details.

Nevis is located in the Eastern Caribbean, 1,300 miles southeast of Miami. The island is part of the Federation of St Kitts and Nevis, but has its own peculiar offshore corporate legislation. The Confidentiality Act stipulates considerable fines or imprisonment of 12 months for a person divulging confidential information, especially in the case of a Nevis corporation. Moreover, there is no means of public access to any information about a company but under a Nevis High Court order, since there is no statutory requirement to report beneficial owner details.

An entrepreneur or an investor seeking a finely tuned common law regime with outstanding confidentiality and asset protection features may consider Nevis 0% tax vehicles as the best choice.

Tax system facts:

• NO taxes on international trusts and offshore companies’ activities outside of Nevis

Nevis offshore tools: Nevis Business Corporation, Nevis Captive Insurance Corporation, Nevis Limited Liability Company, and International Exempt Trust.

Outstanding features:

• Corporate tax: NO
• Names disclosure in public records:
• • Beneficial owner(s) – NO
  • Shareholders – NO
  • Directors – NO
• Bearer shares: ALLOWED, but must be kept in the Registered Office
• Non-resident directors: ALLOWED
• Company Secretary required: YES
• Annual return filing requirements: NO
• May be used as a captive insurance company under certain conditions.

We offer Nevis financial and insurance companies under specific conditions. Contact us for more details.

A typical Belize IBC (or Belize International Business Company) and its non-resident directors, shareholders, and officers are exempt from all Belizean corporate taxes. For more information on general features and benefits of this type of offshore company, please visit our section on International Business Companies (IBCs).

Belize Company – Outstanding Features:

• Corporate tax: NO
• Names disclosure in public records:
  • Beneficial owner(s) – NO
  • Shareholders – NO
  • Directors – NO
• Bearer shares: ALLOWED
• Secretary required: NO
• Non-resident directors/shareholders: ALLOWED
• Annual return filing requirements: NO
• Standard Share Capital of US $50,000

Belize Company – Standard Set of Corporate Documents and Services:

• Government Incorporation / Registration Fee
• Current year Registered Agent and Registered Office Fee
• Certificate of Incorporation
• Memorandum and Articles of Association
• Minutes appointing First Director(s)
• Minutes appointing First Shareholder(s)
• Issued Share Certificates

Contact us for more info.