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BVI Company Registration and Maintenance Guide (6) Share Capital of Business Company
Subject to any limitations or provisions to the contrary in its memorandum or articles, shares in a company incorporated under IBC Act may be issued for such amount as may be determined from time to time by the directors, except that in the case of shares with par value, the amount shall not be less than the par value; and, in the absence of fraud, the decision of the directors as to the value of the consideration received
BVI Company Registration and Maintenance Guide (5) Memorandum and Articles of Association
The Memorandum of Association of a BVI business company must include: the name of the company; the address within the British Virgin Islands of the registered office of the company; the name and address within the British Virgin Islands of the registered agent of the company; the currency in which shares in the company shall be issued; a statement of the authorised capital of the company setting forth the aggregate
BVI Company Registration and Maintenance Guide (10) - Company Management
he actual management (directorship and practical operation) of your BVI Business Company will mostly fall into one of the two main options: Option 1: Company directed by the owner; Option 2: Company directed by an appointed Director (nominee). If the beneficial owner of the Company also acts as Director, there are two clear advantages
Seychelles Update on Country by Country Reporting
After Seychelles is moved to the list of non-cooperative jurisdictions (“EU Grey list”), more new legislation and regulation is being passed to fulfill the requirement of European Union (“EU”). Country by Country Reporting is now introduced in Seychelles.Country-by-Country Reporting (“CbCR”) is a standard formulated by the Organisation for Economic Co-operation and Development (“OECD”) for exchange of tax information between tax authorities.
Samoa Company Registration Fees and Procedures (Custom Made Company)
Our services for handling the registration of a new Samoa international company together with the first year maintenance fee are USD1,160 excluding delivery fee.Annual maintenance cost for company with a share capital of no more than USD1,000,000 for second year and thereafter is US$950 which covers annual licence fee, annual registered agent and annual registered office fees.
First Minutes or First Resolutions of an Offshore Company
This document, or a set of documents, represent a number of important official decisions carried out by the Subscriber or by the Registered Agent after the offshore company is incorporated. These resolutions shape the internal structure of the company. The First Resolutions would contain information about the name, Registered Address and registration number of the new company
Directors and Officers of Offshore Company
In accordance to the provisions of the Memorandum and Articles of Association, that shall include details of the duties and rights of the directors in related to maintain the affairs and activities of the company, also responsible for compliance of the provisions of the company and the laws in the jurisdiction.
Shareholding Structure of an Offshore Company
Offshore companies, like onshore corporations, use shares to reflect their ownership. Shares are in essence units of internal accounting, which represent a participation of an owner in the company. Taking (or buying) a share in a company means simply that a person has agreed to invest some of his personal money, or assets, or intellectual rights or property into the company.
British Virgin Islands International Business Companies (“Ibc”) Maintenance Guideline
This company kit includes five copies of the M&A of which two have been stamped by the BVI Registry. Further copies are retained by the Registered Agent and the Registrar of Companies in the BVI.Any amendments to the M&A may be passed by resolution of the director(s) or shareholder(s) and must be filed with the Registrar of Companies in the BVI. Amendments are NOT effective until so filed.
BVI Company Registration and Maintenance Guide (11) - Directors and Officers
Subject to any limitations or provisions to the contrary in its memorandum or articles of association, the business and affairs of a company incorporated under IBC Act shall be managed by a board of directors that consists of one or more persons who shall be individuals or companies.