This is our most popular package with worldwide customers, and includes: -
The registration your offshore company from scratch using our registered agent & registered office address, and appoint your own candidates to the roles of director, and shareholder;
The standard capital on formation is US$50,000 divided into 50,000 shares valued at no par value or US$1.00 each (it is not required to have all of the shares issued, but a minimum of one share must be issued);
The government and initiation fees for incorporation are included in the price of this package;
The search for Business Company name availability, confirmation, and reservation;
The preparation and submission of the memorandum and articles of association of your company;
A local registered office address and a local registered agent (both of which are statutory requirements in the British Virgin Islands) for 12 months are included in the price of this package (our registered agent & office address service are charged annually);
The formation of a limited company usually takes as little as two to five working days from the time that your application and payment are received by Coddan;
To receive an original of the certificate of Incorporation from the companies registrar usually takes as little as two to three days from the time of incorporation.
The following hard bound copy of corporate documents, will be posted to you upon formation of your offshore company: -
The original certificate of incorporation;
A bound copy of the memorandum and articles of association of your company;
The minutes of the first meeting of the board of directors;
A completed register of directors and shareholders;
Share certificates;
Company seal.
BVI Limited Partnership Establishment
£ 1,185
Annual Maintenance Fee £950.00
This is our most popular package with worldwide customers, and includes: -
The registration your offshore limited partnership from scratch using our registered agent & registered office address, and appoint your own candidates to the roles of a general and limited partners;
The government and initiation fees for incorporation are included in the price of this package;
The search for limited partnership name availability, confirmation, and reservation;
The preparation and submission of the partnership agreement of your partnership;
A local registered office address and a local registered agent (both of which are statutory requirements in the British Virgin Islands) for 12 months are included in the price of this package (our registered agent & office address service are charged annually);
The formation of a limited partnership usually takes as little as two to five working days from the time that your application and payment are received by Coddan;
To receive an original of the certificate of incorporation from the companies registrar usually takes as little as two to three days from the time of incorporation.
The following hard bound copy of corporate documents, will be posted to you upon formation of your offshore limited partnership: -
The original certificate of incorporation;
A bound copy of the partnership agreement of your limited partnership;
The minutes of the first meeting of the board of partners;
A completed register of partners;
Membership certificates;
Limited partnership seal.
Bahamas IBC Incorporation
£ 1250.00
Annual Maintenance Fee £400.00
This is our most popular package with worldwide customers, and includes: -
The registration your offshore international business company from scratch using our registered agent & registered office address, and appoint your own candidates to the roles of director, and two shareholder;
The standard capital on formation is US$50,000 divided into 50,000 shares valued at US$1.00 each (it is not required to have all of the shares issued, but a minimum of one share must be issued);
The government and initiation fees for incorporation are included in the price of this package;
The search for international business company (IBC) name availability, confirmation, and reservation;
The preparation and submission of the memorandum and articles of association of your company;
A local registered office address and a local registered agent (both of which are statutory requirements in the Bahamas Islands) for 12 months are included in the price of this package (our registered agent & office address service are charged annually);
The formation of an international business company usually takes as little as fifteen to twenty working days from the time that your application and payment are received by Coddan;
To receive an original of the certificate of incorporation from the companies registrar usually takes as little as one to two days from the time of incorporation.
The following hard bound copy of corporate documents, will be posted to you upon formation of your offshore company: -
The original certificate of incorporation;
A bound copy of the memorandum and articles of association of your company;
The minutes of the first meeting of the board of directors;
A completed register of directors and shareholders;
Share certificates.
Belize IBC Registration
£ 450.00
Annual Maintenance Fee £270.00
This is our most popular package with worldwide customers, and includes: -
The registration your offshore Belizean company from scratch using our registered agent & registered office address, and appoint your own candidates to the roles of director, and shareholder;
The standard capital on formation is US$50,000 divided into 50,000 shares valued at no par value or US$1.00 each (it is not required to have all of the shares issued, but a minimum of one share must be issued);
The government and initiation fees for incorporation are included in the price of this package;
The search for international business company (IBC) name availability, confirmation, and reservation;
The preparation and submission of the memorandum and articles of association of your company;
A local registered office address and a local registered agent (both of which are statutory requirements in Belize) for 12 months are included in the price of this package (our registered agent & office address service are charged annually);
The formation of a limited company usually takes as little as two to five working days from the time that your application and payment are received by Coddan;
To receive an original of the Certificate of Incorporation from the companies registrar usually takes as little as one to two days from the time of incorporation.
The following hard bound copy of corporate documents, will be posted to you upon formation of your offshore company: -
The original certificate of incorporation;
A bound copy of the memorandum and articles of association of your company;
The minutes of the first meeting of the board of directors;
A completed register of directors and shareholders;
Share certificates.
Gibraltar LTD Formations
£ 735.00
Annual Maintenance Fee £400.00
This is our most popular package with worldwide customers, and includes: -
The registration your offshore non-resident company in Gibraltar from scratch using our registered agent & registered office address, and appoint your own candidates to the roles of director, and shareholder;
The standard capital on formation is £2,000 divided into 2,000 shares valued at no par value or £1.00 each (it is not required to have all of the shares issued, but a minimum of one share must be issued);
The government and initiation fees for incorporation are included in the price of this package;
The search for non-resident company name availability, confirmation, and reservation;
The preparation and submission of the memorandum and articles of association of your company;
A local registered office address and a local registered agent (both of which are statutory requirements in Gibraltar) for 12 months are included in the price of this package (our registered agent & office address service are charged annually);
The formation of a private non-resident company usually takes as little as five to eight working days from the time that your application and payment are received by Coddan;
To receive an original of the certificate of incorporation from the companies registrar usually takes as little as one to two days from the time of incorporation.
The following hard bound copy of corporate documents, will be posted to you upon formation of your offshore company: -
The original certificate of incorporation;
A bound copy of the memorandum and articles of association of your company;
The minutes of the first meeting of the board of directors;
A completed register of directors and shareholders;
Share certificates.
Cyprus LTD Creation
£ 1250.00
Annual Maintenance Fee £600.00
This is our most popular package with worldwide customers, and includes: -
The registration your private limited company in Cyprus from scratch using our registered agent & registered office address, and appoint your own candidates to the roles of director, secretary, and shareholder;
The standard capital on formation is €1,000 divided into 1,000 shares valued at no par value or €1.00 each (it is not required to have all of the shares issued, but a minimum of one share must be issued);
The government and initiation fees for incorporation are included in the price of this package;
The search for limited company name availability, confirmation, and reservation, which usually takes as little as five to seven days;
The preparation and submission of the memorandum and articles of association of your company (in English & Greek languages);
A local registered office address in Nicossia (which is statutory requirement in Cyprus) for 12 months is included in the price of this package (our registered office address service is charged annually);
The formation of a private company limited by shares usually takes as little as fifteen to twenty days from the time that your application and payment are received by Coddan;
To receive an original of the certificate of incorporation from the companies registrar usually takes as little as one to two days from the time of incorporation.
The following hard bound copy legalised with an official apostille of corporate documents, will be posted to you upon formation of your company: -
The original xertificate of incorporation (both in English & Greek);
A bound copy of the memorandum and articles of association of your company (both in English & Greek);
The minutes of the first meeting of the board of directors (both in English & Greek);
A completed register of directors and shareholders (both in English & Greek);
Share certificates;
Company seal.
Nevis LLC Incorporations
£ 500.00
Annual Maintenance Fee £325.00
This is our most popular package with worldwide customers, and includes: -
The registration your offshore Nevis LLC from scratch using our registered agent & registered office address, and appoint your own candidates to the roles of members, and operating manager;
The standard capital on formation is US$10,000 divided into 10,000 units valued at no par value or US$1.00 each (it is not required to have all of the units issued, but a minimum of one unit must be issued);
The government and initiation fees for incorporation are included in the price of this package;
The search for limited liability company (LLC) name availability, confirmation, and reservation;
The preparation and submission of the operating agreement of your company;
A local registered office address and a local registered agent (both of which are statutory requirements in Nevis) for 12 months are included in the price of this package (our registered agent & office address service are charged annually);
The formation of a limited liability company usually takes as little as two to five working days from the time that your application and payment are received by Coddan;
To receive an original of the certificate of incorporation from the companies registrar usually takes as little as one to two days from the time of incorporation.
The following hard bound copy of corporate documents, will be posted to you upon formation of your offshore company: -
The original certificate of incorporation;
A bound copy of the operating agreement of your company;
The minutes of the first meeting of the board of members;
A completed register of members;
Membership certificates.
Nevis NBCO Setting-Up
£ 500.00
Annual Maintenance Fee £325.00
This is our most popular package with worldwide customers, and includes: -
The registration your offshore Nevis business company from scratch using our registered agent & registered office address, and appoint your own candidates to the roles of director, and shareholder;
The standard capital on formation is US$10,000 divided into 10,000 shares valued at no par value or US$1.00 each (it is not required to have all of the shares issued, but a minimum of one share must be issued);
The government and initiation fees for incorporation are included in the price of this package;
The search for Nevisian business company (NBCO) name availability, confirmation, and reservation;
The preparation and submission of the by-laws of your company (company's constitution);
A local registered office address and a local registered agent (both of which are statutory requirements in Nevis) for 12 months are included in the price of this package (our registered agent & office address service are charged annually);
The formation of a business company usually takes as little as two to five working days from the time that your application and payment are received by Coddan;
To receive an original of the certificate of incorporation from the companies registrar usually takes as little as one to two days from the time of incorporation.
The following hard bound copy of corporate documents, will be posted to you upon formation of your offshore company: -
The original certificate of incorporation;
A bound copy of the by-laws of your company;
The minutes of the first meeting of the board of directors;
A completed register of directors and shareholders;
Share certificates.
Seychelles IBC Registrations
£ 510.00
Annual Maintenance Fee £290.00
This is our most popular package with worldwide customers, and includes: -
The registration your offshore Seychelles company from scratch using our registered agent & registered office address, and appoint your own candidates to the roles of director, and shareholder;
The standard capital on formation is US$100,000 divided into 100,000 shares valued at no par value or US$1.00 each (it is not required to have all of the shares issued, but a minimum of one share must be issued);
The government and initiation fees for incorporation are included in the price of this package;
The search for international business company (IBC) name availability, confirmation, and reservation;
The preparation and submission of the memorandum and articles of association of your company;
A local registered office address and a local registered agent (both of which are statutory requirements in Seychelles) for 12 months are included in the price of this package (our registered agent & office address service are charged annually);
The formation of an offshore company usually takes as little as two to five working days from the time that your application and payment are received by Coddan;
To receive an original of the certificate of incorporation from the companies registrar usually takes as little as one to two days from the time of incorporation.
The following hard bound copy of corporate documents, will be posted to you upon formation of your offshore company: -
The original certificate of incorporation;
A bound copy of the memorandum and articles of association of your company;
The minutes of the first meeting of the board of directors;
A completed register of directors and shareholders;
Share certificates.
St. Vincent IBC Creations
£ 650.00
Annual Maintenance Fee £450.00
This is our most popular package with worldwide customers, and includes: -
The registration your offshore Saint Vincent company from scratch using our registered agent & registered office address, and appoint your own candidates to the roles of director, and shareholder;
The standard capital on formation is US$50,000 divided into 50,000 shares valued at no par value or US$1.00 each (it is not required to have all of the shares issued, but a minimum of one share must be issued);
The government and initiation fees for incorporation are included in the price of this package;
The search for international business company (IBC) name availability, confirmation, and reservation;
The preparation and submission of the memorandum and articles of association of your company;
A local registered office address and a local registered agent (both of which are statutory requirements in St. Vincent) for 12 months are included in the price of this package (our registered agent & office address service are charged annually);
The formation of a limited company usually takes as little as two to five working days from the time that your application and payment are received by Coddan;
To receive an original of the certificate of incorporation from the companies registrar usually takes as little as one to two days from the time of incorporation.
The following hard bound copy of corporate documents, will be posted to you upon formation of your offshore company: -
The original certificate of incorporation;
A bound copy of the memorandum and articles of association of your company;
The minutes of the first meeting of the board of directors;
A completed register of directors and shareholders;
Share certificates.
Hong Kong LTD Start-Up
£ 660.00
Annual Maintenance Fee £500.00
This is our most popular package with worldwide customers, and includes: -
The registration of your private company limited by shares from scratch using our own registered office address, our local nominee secretary, and appoint your own candidates to the roles of directors, and shareholder;
The standard capital on formation is HK$10,000, this is divided into 10,000 ordinary shares valued at HK$1.00 each (it is not required to have all of the shares issued, but a minimum of one share must be issued);
The formation of a private limited company usually takes as little as seven to ten business days from the time that your application and payment are received by Coddan;
The government fee for incorporation is included in the price of this package;
The provision of a registered office address in Hong Kong for 12 months is also included in the price of this package (our registered office address service is charged annually);
The provision of a nominee secretary for 12 months as well is included in the price of this package (our nominee secretary service is charged annually);
The following hard bound copy of corporate documents, will be posted to you upon formation of your company: -
An original of the certificate of incorporation of your company (in English & Chinese);
Six hard bound copies of the memorandum and articles of association (both in English & Chinese);
A hard bound copy of the minutes of the first meeting of directors (in English only);
Share certificates, and your company register of directors, secretary and shareholders (in English only);
One rubber stamp & one plier seal of your company are moreover included into the price of this package.
Panamanian Corporation Settings-Up
£ 650.00
Annual Maintenance Fee £370.00
This is our most popular package with international customers, and includes: -
The search for corporate name availability, confirmation, and reservation;
The payment of initiation fees and government fee for incorporation are included in the price of this package;
The provision of a registered agent and registered office address in Panama for 12 months are also included in the price of this package (our registered agent and provision of a registered office address service are charged annually);
The registration of your corporation from scratch using our own registered agent and registered office address, and appoint your own candidates to the role of directors and shareholders;
The preparation and filing of the by-laws (company's constitution) and articles of incorporation of your corporation;
The standard capital on formation is US$10,000, this is divided into 10,000 ordinary shares valued at US$1.00 each (it is not required to have all of the shares issued, but a minimum of one share must be issued). Contributions may include any type of asset - cash, property, services rendered, or a promissory note or other obligation;
The formation of a corporation usually takes as little as three to five working days from the time that your application and payment are received by Coddan;
To receive a recorded copy of the articles of incorporation and by-laws usually takes as little as one to two days from the time of incorporation;
The following documents will be posted to you upon formation of your corporation: -
The original articles of incorporation (in English & Spanish);
A bound copy of the by-laws of your corporation (in English only);
The minutes of the first meeting of the board of directors (in English only);
A completed register of directors and shareholders (in English only);
WHY CHOOSE CODDAN AS YOUR OFFSHORE COMPANY INCORPORATION AGENT? CODDAN OFFERS OFFSHORE IBC COMPANY FORMATION SERVICE
* Note: the terms offshore IBC and offshore company are used interchangeably and are referring to the same entity.
Are you looking for a safe tax haven for your investments offshore? Do you consider going offshore for the first time? Are you planning to form an offshore corporation (IBC) together with offshore account? Do you wonder how to reduce capital gain tax with the help of offshore havens? We are providing direct low cost offshore IBC formation services with possibility to check company name availability online and incorporation in real time mode! An International Business Corporation or IBC is a corporation that is formed in an offshore tax haven and is typically authorized to do business anywhere in the world except its home country (i.e. if your IBC is formed in BVI you may do business anywhere in the world except BVI). We provide nominee directors, shareholders, secretaries and officers for the British Virgin Islands IBCs we incorporate for our clients (if required).
Coddan specializes in all legal ways in arranging suitable and lawful offshore structuring both for your business and private deals. Coddan specializes in setting up offshore companies, trusts, offshore bank accounts etc. Coddan grants your privacy, security and confidentiality. To do business today it is difficult to make a profit. You must constantly be aware of the best ways to run your business, so that the profits end up in your pocket and not in the vaults of the banks, tax department or with your competitors. The strong financial and professional backgrounds, including the availability of the offer of an integral package of services, represent currently one of the preferred reasons for which clients contact just Coddan. We have established business relationships with our customers that are based on trust and mutual benefit which we hope to enjoy for years to come. In return our customers get committed offshore banking and professional offshore service. We have many optional services from which a client may choose. Among the options, we have available for immediate use, offshore shelf companies and off the shelf vintage companies; these ready made offshore IBCs are the same except that the offshore vintage companies are older. None of the shelf offshore corporations have ever been in use or ever held a bank account. In other words these companies are all 100% tax-free and clean. We also offer nominee director and/or shareholder services.
Why Incorporate Offshore?
Simpler business administration - depending on the offshore jurisdiction and the type of business activity to be conducted under the company name to be registered, the operating restrictions, accounting requirements and standards to which the business and its directors must adhere are often far less restrictive offshore than onshore. Tax saving – the reduction in taxation liability is one of the main benefits associated with investing offshore, opening an offshore bank account or incorporating a company offshore. Asset protection - by operating a business company offshore, i.e., outside the jurisdiction in which the company operates, it is sometimes possible to position assets away from the reach of any potential litigious action and also to shield business transactions from the eyes’ of the competition. Properly devised, an offshore strategy can offer many advantages. You can legally decrease your tax burden, protect your assets, enjoy a high level of anonymity, and provide your company with a competitive advantage. The exact benefits available to you and your company will depend greatly on nationality, location, entity type, and a host of other factors; it is for this reason that it is recommended that you seek professional advice before registering your company.
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What is an Offshore IBC and What Do Your Clients Use Their Offshore Companies For?
Offshore IBC stands for international business company, which can only trade outside the country of incorporation or with the same offshore IBC in the country of incorporation. The majority of our clients are individuals, but we also provide services to corporate clients. The main purposes of getting an offshore company are asset protection, tax reduction and confidentiality. The clients use the offshore IBC company for: -
International trading and investment;
For ownership of real property and land;
For ownership of intellectual property, licensing and franchising;
For the employment of staff working on overseas assignments;
For personal service by individuals working overseas for more efficient tax planning;
For more efficient inter-group treasury management;
For assets protection and offshore e-business.
The use of the offshore IBC company can only be limited by imagination.
What are Some of the Advantages of Utilizing an Offshore Company?
The main advantages to acquiring an offshore company are: -
No taxation;
Strict confidentiality - no public filing required;
Asset protection;
Flexibility;
Only one director and shareholder are required.
What is the Currency Capital of an Offshore Company?
The share capital of an offshore vompany can be reflected in any value and currency. However, the US$ currency is readily accepted as the government IBC license fees are calculated.
Can I Purchase an Offshore Company Anonymously without of Disclosing My Personal Identity?
Coddan is required to obtain records and proper due diligence documents from all of our clients by Law. This information is not for public but is retained for the registered agent's record and statutory responsibilities & responsibilities.
Are the Owners Required to Sign Any of the Incorporation Documents?
No, the prospective client or beneficiary owner is only required to sign the formal IBC online application form. The actual incorporation documents will be signed by the initial subscriber represented by the registered agent.
What is the Difference Between a Shareholder and Beneficial Owner of an Offshore Company?
A shareholder is an individual or corporate body to which the name of shares are issued in or registered on behalf of another individual or entity. The beneficial owner on the other hand isn't the holder but the actual owner of the shares of the company held.
Does an Offshore Company Comes with a Bank Account?
No, upon incorporation of an offshore company a bank account is not required. However, this is an optional service provided by Coddan CPM upon request.
Is It Illegal to Own an IBC?
Absolutely not. Some governments give the impression that they are frowned upon because they fear that they could lose taxes earned by such companies, but there is nothing illegal about an IBC. If your country requires payment of taxes on income earned overseas and you do not pay these taxes, this is called tax evasion and could carry a heavy penalty in your own country. The wealthy have used these vehicles for many years. It is only since common people have begun to use them that they seemed to be frowned upon. You cannot get into trouble with the authorities in your country for just owning an IBC. Your problems only begin if you choose not to pay your taxes and observe the reporting requirements of your country.
How Long Does It Take To Set-Up an Offshore IBC?
Once we have received the payment and all the required information from our clients we dispatch the documents by courier post (FedEx or DHL): from Seychelles, BVI and Belize in three-five working days; from Panama, Hong Kong, Gibraltar in eight working days; from USA, New Zealand, Bahamas, Cyprus in eight working days.
What Name Should I Give To My IBC?
You can choose any name you wish. We simply check out its availability and inform you. Some people use the names of birds, flowers, plants, place names etc. You can create a name out of thin air if you choose. In general, you should choose a name that can be easily remembered, if it is to be used in a business whose name clients will need to remember. It is sometimes a good idea to choose a name that starts with a letter that is high in the alphabet. Each name must carry a suffix such as "Limited", "Ltd.", "Incorporated", "Inc ", "S.A.", "GmBH", "AG" "Corporation" or "Corp."
What Proof of Identity Must Clients Provide You With in Order to Start the Offshore Incorporation or to Buy an Offshore Company (Shelf IBC)?
To establish the identity, a client must provide a clear copy (by means of fax or e-mail) of one of the following documents containing a photograph: current drivers' license or social security card or current valid passport or current valid National ID Card. The document containing the information regarding your identity will be kept in strict confidence. Just to gain peace of mind, it is useful to know that BVI and most of the other jurisdictions have not got an open Register of Directors or Shareholders and in all jurisdictions confidentiality can be kept by using nominees.
1. Liability is, in the vast majority of cases, strictly limited to the investments made by the shareholders. 2. Offshore company officers are not personally liable for their actions unless there is a clear and serious breach of their fiduciary duty. 3. Confidentiality is one of the key features of the offshore company as details of the company beneficial owners, directors and shareholders are not part of the public records. 4. An offshore IBC, by the definition of the law, is not subject to any tax or duty on income or profits. A shareholder of an offshore company is also not subject to any tax on his income derived from the IBC. 5. The rights of shareholders are normally clearly defined and protected. 6. An offshore IBC does not required to file an annual return, and annual account, corporate records may be kept anywhere in the world. 7. You need only appoint one director, and one shareholder. Appointment of a company secretary is optional. 8. Directors, secretary and shareholders can be of any nationality. 9. After a company is registered, there are no obligations for it to start trading within a specified time period. 10. An offshore IBC is not required to have any minimum paid-up capital in order to start its business operations.
There are no complicated forms for you to fill in. We offer a professional offshore service to our clients which ensures that we do the work of incorporation and recording initial changes to the structure of the company. This ensures speed and accuracy and compliance with corporate law.
Who Will Register the IBC for Me?
The IBC documents are usually prepared and registered by a licensed professional called "A Registered Agent". Such an agent is usually an attorney, or a person trained as one, an accountant or a professional who is of high character and with the knowledge and ability to conduct this business. The office of the Registered Agent is called "The Registered Office". This will be the local address of your IBC in the jurisdiction that you choose.
Are Your Offshore Services Confidential?
We will not disclose any information concerning our clients without their prior written consent. However, we reserve the right to treat this obligation of confidentiality as not being applicable when a court order from the jurisdiction is made to disclose such information or if it is not in compliance with the laws of the countries.
Can You Recommend the Best Offshore Jurisdiction for Incorporation?
We incorporate companies in the Caribbean, in Central America in Europe and in the Indian Ocean. We also offer LLC's, LLP's in the USA and limited companies and limited liability partnerships (LLP) in the UK, Scotland, Northern Ireland and Republic of Ireland. In our opinion, the offshore jurisdictions which we offer in the Caribbean, Central America, Europe and Indian Ocean make sense because they have the best legislation and opportunities for the offshore sector at present.
Will My Offshore IBC Have to Keep Financial Records at the Registered Office?
There is no legal requirement to keep the financial records of the offshore IBC company with your registered agent. You can keep offshore IBC records anywhere you wish.
Will My Offshore IBC Have to Prepare and File Annual Return and Annual Accounts?
There is no legal requirement to file the accounts of IBC's or have an annual audit in the jurisdictions which we offer: BVI, Belize, Bahamas, Panama and Seychelles.
Cyprus, Hong Kong, New Zealand and Gibraltar non-resident companies have to file annual accounts with the Registry. Small companies file an abridged balance sheet and it does not require an audit. A small company must satisfy at least (2) of the following conditions: Net turnover must not exceed £4.8 million. Balance sheet total must not exceed £2.4 million. The average number of employees must not exceed 50 persons in a year and an auditor's report (the profit and loss account may be abridged i.e. limited in detail).
A medium sized company must satisfy at least two of the following conditions: Net turnover must not exceed £19.2 million. Balance sheet total must not exceed £9.6 million. The average number of employees must not exceed 250 persons in the year.
A large company must file profit and loss statements, balance sheet and an auditors report. These accounts do not relate to taxation as all Gibraltar non-resident companies are tax exempt.
Is it Possible to Transfer the Offshore IBC You Registered to Another Offshore Jurisdiction and Redomicile From Another Jurisdiction to BVI or Seychelles, etc.?
Of course, you can do it without any problems. BVI and Seychelles allow transfers of offshore IBC in and out of the country. However, if you want to redomicile your offshore IBC from another jurisdiction we recommend continuing this company in BVI. We can arrange it for you.
What Can You Say About the American Offshore Companies Offered on the Market?
There are no offshore companies in the USA. Companies offered on the market with the endings Corp., Corporation, Inc., Incorporation are not offshore companies whether they conduct business in or outside the US or have accounts in or outside the states. Only the legal entities known as limited liability companies (LLC's), which are properly structured, and incorporated by foreigners and conduct their business activities outside the US, can be considered as tax exempt in the US.
What is the Asset Protection?
It is a transfer of the ownership from an individual to a legal entity, like offshore IBC company. That way you are no longer the owner of your assets and it is more difficult to be successful in suing you. But you are still in control of that company.
Can a Person Residing in His Home Country Use the Offshore Facilities?
There is nothing there to stop you to get involved with offshore facilities.
Is it Illegal to Transfer the Funds and Assets into the Offshore Jurisdiction?
There is nothing illegal about transferring your assets/funds offshore. No law prohibits that. It is your right to minimise your tax bills to IRS/IR .You might be breaking the law by not disclosing the information to the tax authorities. But there are different methods of reducing your tax liabilities by introducing an offshore entity into your business structure.
There any Recommended Threshold of Money When You Should Consider Going Offshore?
No. It is not a question of when to start dealing through offshore, but how much money you can save if you do go ahead with it.
What is a Nominee in Context of Offshore IBC?
A nominee is a person who is nominated to fill the position, but who is not the real owner or director of the offshore IBC. In the offshore context it is used to preserve the identity of the real owners of the business (shareholders or directors). By using the power of attorney, the nominee director transfers all the powers to manage the business to a person whom the real owner can trust.
Is There any Currency Risk Involved in Keeping the Money in the Offshore IBC Company?
No. You can keep your assets in the currency of your choice. There is no exchange control for offshore companies in Seychelles, BVI, Gibraltar, Belize, Bahamas, Hong Kong, Cyprus or Panama.
If I Move My Assets Offshore (to an Offshore IBC) Would it Alert the IRS/IR?
Moving assets to offshore IBC is not illegal and does not attract special attention of the IRS/IR, if your activities are legal.
Is Doing Business through Offshore IBC One of the Best Methods to Reduce Taxes for Individuals/Companies?
By operating your business through an offshore structure (offshore IBC) the company can defer profits almost indefinitely by using management contracts, insurance, loans, re-invoicing (more appropriate for international trading activities), factoring your debts, etc. For individuals the use of offshore facilities would reduce income tax, capital gain tax, inheritance tax, etc. You can defer taxes as well as protecting your assets from possible litigations.
What is the Difference Between an Offshore Company and an Offshore Private Interest Foundation?
The main difference between the two is that the offshore company is used for commercial activities and the private foundation is commonly used for heritage protection. An offshore company is composed of shares and shareholders; the owners of the shares will be the owners of the offshore company and therefore the ones who will enjoy the assets; unlike the Private Interest Foundation that has a founder and a beneficiary. In this case, the enjoyment of the Foundation's assets will correspond to the beneficiary according to the provisions on the Foundation Charter.
What is the Difference Between a Trust and a Private Interest Foundation?
In a Trust, the trustee transfers some assets to a third person called fiduciary so that he will manage these assets in benefit of a third person. In most cases, this figure is a bank or a specialized company in this matter. In the Private Interest Foundation, the assets are transferred to the Foundation; therefore the founder will manage his own Foundation's assets.
If you have any questions about our products, this web site or should you require any further assistance or advice on the process, please contact us using e-mail at: info@ukincorp.co.uk.
Live Help
You can chat with one of our advisors right now. Just click on the image to the left to start chatting. Live Help is a real time chat feature which enables you to interact with our customer service representative without a phone call. Get answers to your questions while using our web-site. Clicking the "Live Help" button will start an online session with one of our representatives. Live Help is currently available during normal business hours. Outside of the indicated below opening hours, our Live Help centre will be closed, when you click on the chat button, you will see an e-mail form that allows you to send us an e-mail request with your questions. Our Live Help is free, there are no hidden fees.
Our hours of operation are posted on the contact page at all times. Telephone and Live Chat assistance is only available during business hours.
Opening Hours:
Monday - Friday: 9:30 a.m. to 18:00 p.m. Saturday: offices are closed Sunday: offices are closed Holidays: offices are closed on all recognised UK holidays.
Dear customers, ladies and gentlemen, while having a chat session with our visitors, we are frequently requested to give an advice on tax planning or business structuring, and we would like to inform you that it is against our principles to provide an online free advice pertaining to these issues.
The points and tips that can be covered during a chat session include: our packages, services description and charges, legal requirements to start-up a business offshore, bank account arrangements, trademark registration, post incorporation services, notaries, consulate or apostille legalisation and other authentication services, documentation preparation and filing, mail forwarding overseas, telephone, fax and virtual office facilities, bookkeeping and accounting services, offshore incorporation service, ways to place an order, methods of payment etc.
If you wish us to provide you an advice or recommendations on tax savings and tax minimisation, or corporate business structuring methods, you should be aware that this service has chargeable elements.
Money and Payment Policy
Coddan accepts all major currencies; we accept Visa, Visa Electron, Visa Purchasing, JCB, MasterCard, Maestro, Solo, and Delta, we also accept cheques (may be held 10 days to clear), postal orders or cash deposit, and bank transfers from anywhere to our UK and USA bank accounts. After you place an order, details about the banking transfer will be e-mailed to you on the second e-mail notification. If you missed that e-mail, please call our phone number that is given on the order confirmation. The customer is responsible for the reimbursement of any bank wire transfer payments.
Our credit card payment processing is by WorldPay - an important part of The Royal Bank of Scotland Group, the 5th biggest banking group in the world. We do not charge surcharges for the debit and credit card transactions. Credit or debit card payment is now authorised online in real time. You will be informed immediately if your credit or debit card is declined. If declined, you may check the accuracy of the card number and expiration date, or choose a different card to try.
We need to receive a payment before we can proceed with a new company formation. For regular or corporate clients, we can open a professional credit account. However, this benefit cannot be provided to a new customer, who never placed orders with us.
If you do not feel comfortable transmitting your credit card details on the Internet, we suggest you place an order online, choose the option "Credit Card via the Phone" as the payment method, and then phone in to give us your credit card number over the phone. We will charge your credit card manually. We can also accept credit or debit card payments by fax, to do so, we will e-mail you a credit or debit card authorisation form, and you will need to print out the form, complete the details by hand and send it to us by fax to: + 44 (0) 207.681.3318.
Check Your Order Status
£ 650.00
This is our most popular package with worldwide customers, and includes: -
The registration your offshore company from scratch using our registered agent & registered office address, and appoint your own candidates to the roles of director, and shareholder;
The provision of a registered agent and registered office address in Panama for 12 months are also included in the price of this package (our registered agent and provision of a registered office address service are charged annually);
+44 (0) 207.935.5171
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