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Why British Virgin Islands (BVI)
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:-
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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
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Company name registered with Chinese allowed
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Minimum number of director being ONE
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Minimum number of shareholder being ONE
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No requirement to file Annual Return
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No requirement of annual audit
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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.
You tell... we tailor.
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