Corporate services
Company Express Group provides cost-effective incorporation services in more than 25 main jurisdictions for establishing tax efficient structures. Specialists at COMPANY EXPRESS GROUP will help you make the proper choice on where to set up the company. Usually when choosing the place of registration the client should take into account the following factors:
- company formation procedure under current corporate law
- applicable taxation
- volume and terms of annual fees (e.g. licence fee and annual domiciliary fee)
- requirements to file accounts or annual return
- assurance of confidentiality for owners and directors of the company
- geographical location, etc.
The company can be incorporated under a name previously approved by the Registry. If the company name contains sensitive words that require a license or special permission, Company Express Group specialists will help you to prepare the appropriate application.
Company Express Group has a stock of off-the-shelf companies that can be purchased immediately. Off-the-shelf companies are available for cases where it is not a matter of principle to have a particular company name.
For most jurisdictions standard Memorandum & Articles of Association are used under which the company has the right to conduct any legal activity in line with current legislation. Company Express Group specialists are ready to meet the requirements of any client with regard to type of activity of the company and to prepare the relevant Memorandum & Articles of Association.
The choice of a politically and financially more stable country can reduce the risks that individuals and corporations might run in their own country of residence. However, tax advantages usually depend on the legislation of the country of residence of the beneficial owner and requirements in a country where the company carries on its business, so we highly recommend that clients consult with their lawyer and accountant when setting up offshore schemes.
Nominee Director/Shareholder Service
The nominee director and shareholder service is used to ensure the highest degree of privacy and confidentiality.
Under the law of some countries information on directors and/or shareholders must be registered in the public files of the Companies Registry. Therefore only by using nominee directors and/or shareholders can the client's anonymity and confidentiality be ensured.
Third party directors with residential status in a fiscally neutral country are used so that the offshore company cannot be considered resident for tax purposes and liable to tax at local rates on world-wide income in countries with on-shore legislation.
Also it should be noted that anonymity and confidentiality could be compromised if the client signs business documents as the director.
The essence of a nominee service is that it is the names of the nominee directors and/or shareholders that are indicated in the corporate documentation, according to their designation. Thus the names of the company's beneficial owners are not disclosed to the Companies Registry, so that clients are ensured the utmost confidentiality.
At the same time the appointed nominees are not actually entitled to manage the company. They can provide the beneficial owner with a Power of Attorney empowering him to run the business, manage the company's activities and open and operate the company's bank accounts.
Company Secretarial Service
Company Express Group provides company secretarial services for the client's companies including:
- preparation and lodgement of annual returns in due time
- maintenance of the company's statutory records
- submission of the accounts to the Companies Registry and Tax Authority as required by local Law
- submission of the License application.
Clients who use the company secretarial service can be sure that all the requisite annual forms and returns will be properly filled out and lodged with the Companies Registry in due time. Company Express Group specialists will help you prepare Resolutions or Minutes for the Board of Directors and Shareholders, to change the Board of Directors and Shareholders, to make amendments to the company's Memorandum & Articles of Association and to draft corporate documents.
The client can order any additional corporate documentation and obtain any authentication that may be required.
Domiciliary and Registered Office Service
Any company must have its Registered Office in the country of registration irrespective of where the company's business is conducted. Company Express Group provides registered office facilities in the country of incorporation as well as the services of a Registered Agent if required by local law.
Under local legislation the company must keep all statutory records and other documents which must be available for review.
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