How Much Work Is It to Set Up an Offshore Company?
ConsultationTeam3You may realize that going offshore can save you money, increase the efficiency of your business, re ...
Offshore Foundation
with nominee service, virtual office and offshore bank accounts
confidential offshore foundation registration and offshore bank accounts
The word foundation is generally perceived as a charitable or non-profit making organization. In fact only a small percentage of all foundations are charitable. Most foundations are set up for the protection of the founders' assets and as a tax benefit.
The actual legalities of a foundation determine that there is no obligation to be a charitable organisation. The speciality of a foundation is that it has no actual owners but only a board of officers. This fact seems to be a minor judicial issue but actually it is of utmost importance. Once assets have been placed into the foundation the founder does not legally own them or have a requirement to declare them. Neither does he own the foundation. This is of particular interest in cases of bankruptcy, divorce or third party claims. All types of assets can be owned by a foundation such as bonds, stocks, real estate and even patents or rights. Using a regular company structure there would always be a beneficial owner in the background and relatives or third parties could be informed about this. With a foundation there is legally no owner and even if somebody should be aware of a connection between the founder and the foundation , they cannot access the property of the foundation. Due to the fact that a foundation is a corporate body it allows for easy controlling. The term of the foundation is unlimited and certain requirements or specifications may be fixed in the articles. These specifications cannot be altered or revoked at any time, even after the death of the founder. This ensures that the founders funds are only ever granted to whom he states.
A foundation is not formed in order to conduct business. It is made to manage and protect it's own assets. However it is a very common and useful structure to have a foundation as owner of an offshore corporation. The profit of the corporation is regularly transferred to the foundation but should a bankruptcy of the corporation occur, it would not affect the foundation at all.
advantages in forming a foundation through Coldwell:
- the Founder can transfer assets into the foundation and legally declare he does not own them
- no assets that belong to the foundation can be seized
- potential inheritors cannot make claims against the foundation
- offshore foundations are exempt from taxation
- foundations are not required to be charitable or non-profit making organizations
Foundation
- registration of a foundation including:
- name check
- preparation of memorandum
- preparation of articles
- preparation of registration forms
- handling the filing and registration with notary and government offices
- notarial certification
- payment of filing fees
- premium binder including:
- all registration certificates
- international authentication set with apostille
- minutes of board meetings
- resolution to open a bank account
- resolution to rent an office
- resolution to appoint a company lawyer
- resolution to appoint an accountant
- employment agreement
- employee nondisclosure agreement
- employee invention agreement
- power of attorney
- sample letterhead
- sales contracts
- register of directors
- USB stick with business forms and templates
Fees foundation
4.900,- Euro
Your order is important to us and we guarantee professional services.
Incorporate your foundation quick, easy, affordable.
If you experience problems opening the order form,
please call customer support at +44 20 7117 0 700.
You can add the following services to your foundation:
optional | privacy protection shield
| nominee service through lawfirms | 990,- Euro |
Information:
For the highest level of privacy protection we offer a lawfirm to form the company on your behalf. That prevents your personal details from being released to the authorities at any time. Once incorporated the lawfirm hands the full and sole control over to you. As a result you have utmost confidentiality together with the entire control.
optional | virtual offices
| 1 year premium edition, London or New York | 190,- Euro |
| 1 year professional edition, choice from 29 cities worldwide | 990,- Euro |
Information:
Both virtual office services include a prestigious street address at which you can receive mail and courier items. The premium edition also includes a fax number with message forwarding via email. The professional edition includes permanent live call forwarding to any number worldwide.
optional | bank accounts
| offshore banking, New Zealand | 390,- Euro |
| offshore banking, Cyprus | 390,- Euro |
| offshore banking, Dominica | 390,- Euro |
| offshore banking, Dubai | 390,- Euro |
| offshore banking, Isle of Man | 390,- Euro |
| offshore banking, Latvia | 390,- Euro |
| offshore banking, Mauritius | 390,- Euro |
| offshore banking, Seychelles | 390,- Euro |
| offshore banking, St. Vincent | 390,- Euro |
| offshore banking, Switzerland | 390,- Euro |
Information:
Our account opening service offshore banking offers feature rich business checking accounts. Depending on the jurisdiction and your business the accounts offer internet banking, multi currency services, cheques, letters of credit and VISA cards with a daily limit of 10.000,- Euro to withdraw cash at any ATM worldwide. Offshore banks offer the highest level of privacy protection and are tax free.
optional | merchant account
| offshore merchant account | 390,- Euro |
Information:
Our service to set up an offshore merchant account allows you to accept credit card payments from your customers. Our merchant account is specialised on offshore businesses and includes the necessary contracts as well as the technical system to operate the transactions. You can integrate the payment system to your web site and also accept credit card payments over the phone.
optional | add-ons
| creation of a company logo | 49,- Euro |
| company rubber stamp | 49,- Euro |
| company seal | 49,- Euro |
| company name plate | 49,- Euro |
recurring fees from 2nd year on
| annual renewal | 990,- Euro |
| incl. maintenance | |
| incl. registered office | |
| incl. registered agent |
Contact us
We are always glad to receive your phone call. Our team of experts are on hand to answer any questions you may have, free of charge and without obligation. So don't hesitate to contact us.
Office hours: Monday to Friday (UK time)9.00 am to 12.00 noon and 1.00 pm to 6.00 pm Phone: +44 20 7117 0 700
It is currently in London
LET US CALL YOU FOR A
FREE CONSULTATION
Your business is important to us and we appreciate your interest in our services.
We are pleased to offer free consultation without any obligation.
Would you like to speak to one of our consultants now?
Just enter your number below.
