Studious of the offshore company market,
as anyone in this business, should be CONFIDENTIAL
COMPANIES. Yes, you read correctly; not
offshore company formation or IBC's. It
states that a "confidential company
allows you to hide the fact that you are
the real owner of the company. Allows you
to buy everything everywhere without proving
the source of the money. Allows you to buy
real estate/other assets/business without
paying a penny to any authorities (for instance,
possibility to sell the company without
informing any country's authorities by just
giving the company's documents to the buyer".
It further says that the confidential company
is "cheep to register and cheep to
maintain". [source from "The
IBC Review 1"]
International Business Companies ("IBCs")
are essential to commercial life; a business
person that never used an IBC hass probably
not received quality professional advice.
It is also important for thousands continuing
to use IBCs to make sure that some things
don't change. There are de rigour elements
to determine the usefulness of the IBC and
worthiness of its origin: Political stability
in the jurisdiction; good communications;
availability of professional and technical
support; reputable track record of the jurisdiction;
and compliance with international standards.
These qualities are shared with other jurisdictions,
especially the Belize IBC, in relation to
FLEXIBILITY and QUALITY IFS PROVIDERS. [source
from "The IBC Review 1"]
FLEXIBILITY
Jurisdictions, such as BVI/Belize, offer
the possibility to form offshore companies
with either registered, bearer shares, or
both. Most jurisdictions have abolished
this possibility and others, might as well
have. Knowledgeable IFS providers know best
when a company should keep bearer shares
and when it is most appropriate to register
them, or to use nominee shareholder.
QUALITY IFS PROVIDERS
When introducing a jurisdiction, one of
the major concerns is the availability of
sound professional resources. Many jurisdictions
cannot offer basic services such as professional
audits etc.. BVI boasts quality professionals,
a reputable banking system, major accounting
firms and tranined corporate services staff.
After all, Companies Act and other Law Reforms
have made great improvements on the creditors
protection and the usage of the IBCs.
CHARACTERISTICS
IBCs are having following characteristics,
which are haing advantages over other jurisdictions:-
-
No disclosure of
beneficial owners (information remains
at the Registered Agent and only disclosed
as by Court Order / by Other Respective
Regulations)
-
Nominee Services
allowed
-
No tax on offshore
profits
-
Company name registered
with Chinese allowed
-
Minimum number of
director being ONE
-
Minimum number of
shareholder being ONE
-
No requirement to
file Annual Return
-
No requirement of
annual audit
-
Bearer shares allowed
(with higher cost)
-
May incorporate
with Chinese company name
-
Jurisdiction Well-recognised
-
Opening of Corporate
Bank Account allowed
Order your company
NOW! or contact
us for any queries. If you have
other requirements for the incorporation,
please let us know and our staff will try
to solve it or find alternatives for you.
Our aim is to provide a comprehensive
service to our clients in Hong Kong
and offshore operations. If you find
above helpful, please free to contact
us.