Offshore Formation, Company Registration, Register a Business, Offshore Incorporation, Company Formation, tax exempt

Top ten reasons to form a UK limited liability company:

1. Limited companies limit the liability of shareholders to their investments.
2. Officeres of companies have limited personal liability for their actions.
3. Limited companies benefit from higher credibility than other entities such as partnerships and sole traders.
4. Limited companies often receive unique tax incentives.
5. Shareholders rights are protected and clearly defined.
6. Corporation tax is only payable after the first financial year.
7. Directors of companies can be private individuals, nominated individuals or corporate bodies.
8. Directors of UK Limited Companies can be of any nationality.
9. Secretaries if appointed (no longer mandatory) can be of any nationality
10. Secretaries can be private individuals, nominated individuals or corporate bodies.

The most important characteristics of a BVI, British Virgin Island company are:

1. BVI companies are exempt from all taxes and stamp duties
2. BVI companies pay a fixed annual license fee to the BVI government
3. BVI company directors and shareholders can be private individuals, nominee individuals or corporate bodies
4. BVI company Directors and company shareholders can be of any nationality
5. Nominee directors and shareholders can act for a BVI companies beneficiary, with no details appearing in the public record
6. Bank accounts for an offshore BVI company can be opened worldwide
7. BVI companies must have a registered agent and registered office in the BVI
8. BVI companies require a corporate seal
9. BVI companies do not have to file annual accounts
10. BVI companies do not require an AGM
11. BVI corporate meetings, records  and books can be completed anywhere worldwide
12. BVI company resolutions can be passed electronically

Offshore Formation:

All Offshore companies must be formed under Offshore Company Laws and regulations of offshore jurisdictions in which they are incorporated. Most offshore jurisdictions have little or no tax and offshore companies are mostly used for tax benefit purposes. Confidentially can be maintained by the appointment of nominee directors and shareholders.Some Offshore formation only takes as little as 24 hours, once the Due Diligence requirements have been completed.

Features of Offshore Formation:

1. They are attractive for tax planning purposes. Offshore formation allows your company bank account to be housed in a 'tax haven' - a place where there is less income tax than in your home country
2. An offshore company is only charged to UK tax on UK income, meaning that an offshore company can be used to avoid UK tax on all sources of foreign income such as foreign rental income, foreign trading income and foreign investment income
3. If an offshore company holds assets which increase in value, the assets can be sold free of UK tax.
4. You can reduce capital gains tax with offshore company formation
5. Offshore formation includes benefits such as: protection of assets, maintenance of confidentiality and risk management
6. It is perfectly legal and affordable
7. No restrictions on nationality or on foreign owned corporations
8. It is not required to file annual Financial Statements
9. General Meetings of Shareholders and Directors not required
10. No requirements to disclose ownership
11. An offshore company's accounting books can be kept in any part of the world and in any language
12. Your company will be managed in a tax-efficient way

Register an offshore company with us today and maximise your profit. We also help you with offshore banking and open an offshore bank account for you.