Incorporation in Classic Offshores
Classic Offshore
Confiduss Solution offering offshore companies in more than 10 jurisdictions, most popular are Nevis, Panama, and Seychelles.
The Offshore company limited liability company (LLC) and corporation are very simple to set up and upkeep. Neither corporate tax nor withholding tax are levied on assets or income originating outside of the Jurisdiction of Registration.
Popular applications
- one-man trading company
- principal company in an agency structure
- holding structure for owning real estate or foreign company shares
- consultancy and personal service companies
An additional note – existing companies currently registered in other jurisdictions can be re-domiciled into Offshore company under provisions in the Companies Act, provided the company legislation of the country from where the company is exiting enables this. No new legal entity is created.
Corporate requirements
- No minimum company share capital requirement in Offshore company
- Minimum number of Offshore company directors/shareholder is one (non-resident and corporate directors/shareholders allowed).
- Ease of administration: no requirement to file financial accounts or annual company return. Although Registered Agents are require to keep records on the address where the Company’s accounting documents are held.
Bank account introduction
For Classic offshore companies, we can recommend opening an account with various third part payment providers with European IBAN numbers. Lichtenstein, Luxemburg, Switzerland bank account opening possible for clients.
Timescales
- Shelf companies available immediately.
- New company set-up is offered at same conditions within 7-10 business days. (allow 3 – 5 days for courier).
POPULAR PACKAGE
- Shelf Company, incl.
- Incorporation document set with Apostilled corporate document set incl. General Power of Attorney for 1 year
- Nominee Director & Shareholder service
- Registered address, Registered Agent Service
- Declaration of Trust & Company seal
- General Power of Attorney with Apostille
- Nominee Director & Shareholder service
- Registered address, Registered Agent Service
- Annual government duties
ADDITIONAL SERVICE PACKAGE
- Virtual Office in Latvia (incl. telephone line & mail forwarding)
- Bank account with EU IBAN number
- Certificate of Good Standing with Apostille
- Apostille on Document
- Extra Power of Attorney with Apostille
- Director signature
- Shareholder/Director change
How do I proceed?
In order to commence incorporation, we will require the following:
- Confidus Company Form including description of company work & information on beneficial owner.
- Certified passport copy + utility bill not older than three months of Beneficial Owner and Attorneys in Power.
- 100% of the company formation cost.