What is an offshore?
How does an offshore company work?
Who can be owners and directors of an offshore company?
What documents are required for incorporation?
Are there any limitations with respect to the share capital? Should it be paid-up in full?
What will be the company’s registered office address?
What about the confidentiality of the offshore company beneficiary information?
How long does it take to incorporate a company?
How much does it cost to incorporate a company?
How much does the annual renewal of the company cost?
What additional documents can be required for an already carrying-on business company?
Additional services of our company include

What is an offshore?
From the middle of 50-ties of XX century offshores became the most effective method of tax planning. This method is based on the legislation system of various countries, which fully or partly tax exempt companies incorporated on their territories and carrying on business outside the country.
Offshores are the main and most important part of world finance system. More and more individuals and corporate bodies choose a zero-tax alternative.
The unique role of the offshore lies in absolutely legal transformation of your money to politically and financially stable and safe countries.

How does an offshore company work?
An offshore company – is a legal entity that carries on business according to the laws of the country of its incorporation. If such company performs its activity on the territory of registration it is tax payable in this country regardless of the citizenship of its owner. But if it performs activity outside the territory of registration it is officially exempted from taxation and gains a status of an “offshore”. Hereby, this company is not liable to taxation in its country of incorporation and not liable to taxation in the country where it carries on its business.

Who can be owners and directors of an offshore company?
Both an individual and body corporate not resident in the country of incorporation can own an offshore company. The minimum number of owners can vary from 1 to 3 according to the laws of a particular jurisdiction. The number of directors can vary from 1 to 7 according to the laws of a particular jurisdiction.

What documents are required for incorporation?
Few years ago no documents whatsoever were required for incorporation in most offshore areas but nowadays there is a noticeable trend to follow the “Know Your Customer” (KYC) principle operating many jurisdictions. Formation agents and secretarial companies servicing your offshore company have their own understanding of this principle and set forth their own due diligence rules.

Are there any limitations with respect to the share capital? Should it be paid-up in full?
Most of the countries make no special provisions for the share capital and payment thereof at the time of incorporation. The share capital varies from USD 5000 to USD 100 000.

What will be the company’s registered office address?
The law firm offering incorporation services for your company usually provides its own address as a registered office for your company.

What about the confidentiality of the offshore company beneficiary information?
In majority of the offshore jurisdictions details of the owners and directors are protected by the relevant laws on confidentiality sometimes providing for criminal prosecution for an unauthorized disclosure of the company’s owners or other information. If your company is incorporated in a country where the company owners’ details are open to the public, full confidentiality might be provided through nominee shareholders and directors services.

How long does it take to incorporate a company?
The time needed for the registration procedure depends on the chosen jurisdiction and varies from 2 weeks to 1 month. In case you buy a “ready-made” company, the corporate documents might become available to you within one hour.

How much does it cost to incorporate a company?
Registration fees (inclusive of incorporation and stamp duties and professional legal fees of drafting and registering corporate documents) depend on a particular jurisdiction and vary from USD 1300 to USD 2500.

How much does the annual renewal of the company cost?
Annual renewal depending on the jurisdiction varies from USD 800 to USD 1050

What additional documents can be required for an already carrying-on business company?
1. Certificate of Good Standing
2. Certificate of Incumbency
3. General Power of Attorney / Power of Attorney
4. Apostille
5. Notarial Certification
6. Translation of corporate documents

All the above documents and services you can order in our company.

Additional services of our company include:
1. Renewal of the companies
2. Restoration of the companies
3. Liquidation of the companies
4. Re-registration of the companies