The words offshore company incorporation make some people nervous or they begin to think about a long list of requirements and international flights in order to get a company established. This is far from true as the requirements are actually very simple to provide and can be done from the convenience of a home office. The basic requirements for an offshore company are simple and almost everyone has them at hand. One of the first requirements in order to incorporate is a clear scanned copy of a current passport for each director or beneficial owner of the company. The copy should be of the information page as well as well as the signature page of the passport. The scan should be clear an in color if at all possible in order to meet the requirements set forth in the IBC Act. It is a requirement for all corporate services providers who offer Seychelles Companies to have a copy of a current passport on file at the time of incorporation. This information is not shared with the registry however and is kept on file in the registered office of the company. The second piece of vital information needed in order to establish an offshore company is a recent utility bill. The utility bill does not have to be in the name of the person who is requesting incorporation but does need to have the compete residential address where the person is attesting that he or she lives. In such a case the person does not have a utility bill as proof of residence he or she can use a current bank statement or credit card statement as proof as well. Belize Companies also use the same requirements when establishing offshore company incorporation as well. The last requirement for establishing the company is the company name. The name should be one that does not directly relate to or tie itself to the director or beneficial owner. For example, if the company director is Bill Banks, then it would not be advisable to use the name Bill Banks Inc., for the offshore company incorporation.
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