A company incorporated under IBC Act shall keep such accounts and records as the directors consider necessary or desirable in order to reflect the financial position of the company. A company incorporated under IBC Act shall keep minutes of all meetings of directors, members, committees of directors, committees of officers, and committees of members, and copies of all resolutions consented to by directors
Ready-made, or "shelf" company refers to International Business Company (IBC) that is already incorporated and available for immediate purchase. This type of company has not done any business, have not entered any dealings or obligations. A company with an older registration date may be acquired, which may be useful by adding a certain "age" and it is not labelled as “newly incorporated”.
Belize (formerly known as British Honduras) is an independent democratic Commonwealth country located on the Caribbean seaboard of Central America. Since independence from Britain in 1981, it has enjoyed a stable and democratic Government. The cabinet, under the leadership of the Prime Minister, directs the policy of the Government which consists of the Prime Minister
There are two different types of offshore companies available in Seychelles, namely Special Licence Company (CSL) and International Business Companies (IBC). It is important to decide carefully when selecting the type of company for incorporation. This type of company would be the preferred choice for clients planning business transactions with counterparties who are located in high-tax region with an intrusive regulatory environment.
The Seychelles CSL (Special License Company) is a local tax resident company specially licensed by the Seychelles International Business Authority (SIBA), which is taxed at a rate of 1.5% of its worldwide income. It is registered as a normal domestic company under the Companies Ordinance 1972 but granted a special license by the Seychelles International Business Authority (SIBA) granting the special tax status and extra privacy provisions.
Seychelles International Business Companies, International Business Companies (IBCs) is the most prevalent and flexible offshore formation type in Seychelles, which designed for engage in international trading and investment activities. There IBCs are exempt from taxation on business activities or transactions outside of the Seychelles.
Our fees together with the first year maintenance fee for a Samoa readymade (shelf) company are USD1,160 excluding delivery fee. The whole incorporation process for purchasing of a readymade company could be completed in 2 working days, excluding delivery time for sending the company kit to you.
ICs may engage in any lawful business and may carry on transactions in whatever currencies they choose.Full exemption from taxation for any business activity or transaction carried out outside Samoa.Shareholders, directors and/or officers can be either corporate entities or natural persons.
A memorandum of a grandfather bearer share company is deemed to be amended with effect from 27 January 2014 to state that the company is not authorised to issue bearer shares or share warrants to bearer, convert registered shares; and with effect from that date, the company shall cease to be a bearer share company.
The exempted company is the most commonly used business form by foreign investors, as it may obtain a certificate of tax exemption, to against the imposition of any future taxation, that is usually given for 20 years in the first instance and is renewable, which can benefit from the business mainly in activities outside of the Cayman Islands.