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Table of Fees: International Business Formations
-Offshore Companies Seychellen
*VIRTUAL OFFICE
The standard Edition includes a prestigious address where we receive your mail and courier shipments. We can forward them worldwide. It also includes a phone number with voicemail and a fax number. Voice messages and faxes are forwarded automatically to your Email-address. The voicemail greeting can be customized as you like. *VIRTUAL OFFICE
The professional Edition includes a prestigious address where we receive your mail and courier shipments. We can forward them worldwide. It also includes a phone number with live call forwarding to your home or office number and a fax number with email forwarding.
-Offshore Companies Marshall Islands, Mauritius, West Samoa, British Virgin Islands, Nevis, Dominica, St. Vinent:
C. Offshore Companies Bahamas, Antigua, Panama, Hong Kong:
-FEES FOR UK LIMITED COMPANY - PERMANENT ESTABLISHMENT IN the uk -Formation of a UK Ltd: Company name availability check, registration with the Companies House, all documentation, preparation of memorandum, preparation of articles of incorporation, statutory register, help file (including templates for: letterhead for UK permanent establishment and representative office or branch subsidiary outside the UK, invoicing, employment contract or independent contractor agreement, specifications for UK website, and much more): EUR 998.00 -Registered Office (NOT sufficient for an “ordinary place of business,” see Head Office below; a Head Office is generally a co-requirement): EUR 190.00 for the first year, GBP 84 per year thereafter. -Apostille set, notarized certifications: Company statutes in English, notarized by the Companies House; company statutes in the language of the client’s home country, translated and notarized by a sworn translator approved by the UK courts; commercial register entry, notarized by the Companies House and apostilled by the UK Foreign Office: EUR 590.00 (required only if a subsidiary location or non-independent branch location registered with the trade authorities is to be established outside the UK, not for representation. Is also required for opening bank accounts outside the UK). -Maintenance of your company statutory books (all communication with the British tax authorities and HMRC/Companies House via fax, telephone, e-mail, creation of Annual Return, deadline check with HMRC and Companies House, NO bookkeeping/year-end accounts): EUR 400.00 for the first year, GBP 120 per year thereafter. -Appointment of a Company Secretary: EUR 290.00 per year -Nominee director, legal entity: No “formation director” or director in “Belize” (beware of cheap offers!), British tax advisory and law office appointed as director of the company, accessible and reachable throughout the term of the agreement (unfortunately this is not always the case), nomineeship agreement between the nominator and nominee. EUR 700.00 for the first year, plus EUR 400 administration fee. Note: In accordance with UK law, legal violations may lead to restriction of access for the director. For this reason, agreements to be signed by the nominee director must undergo prior legal review. Our UK tax advisors/attorneys charge between EUR 70 and EUR 150 per agreement that they are asked to sign in their capacity as nominee director. Independently thereof, the nominator (client) holds general power of attorney and thus has the ability to sign contracts independently (“on behalf of”), in which case no costs are incurred. Warning: As of October 2008, legal entities are NO LONGER allowed to act as directors of UK Limited companies, only natural persons. -Nominee director, natural person: No “formation director” or director in “Belize” (beware of cheap offers!), an employee of the British tax advisory and law office is appointed as director of the company, accessible and reachable throughout the term of the agreement (unfortunately this is not always the case), nomineeship agreement between the nominator and nominee. EUR 1,500.00 per year for the first year plus EUR 500.00 administration fee (due to the high liability risk, this service is subject to certain requirements, please inquire!) Note: In accordance with UK law, legal violations may lead to restriction of access for the director. For this reason, agreements to be signed by the nominee director must undergo prior legal review. Our UK tax advisors/attorneys charge between EUR 70 and EUR 150 per agreement that they are asked to sign in their capacity as nominee director. Independently thereof, the nominator (client) holds general power of attorney and thus has the ability to sign contracts independently (“on behalf of”), in which case no costs are incurred. -Permanent director: An employee of the British-based office acts as director of the UK limited company, with a General Manager’s contract plus wage and social security benefits. Fees depend on expenses and income of the Ltd, between EUR 600 and EUR 1500 per month. -Client becomes second director: Founder/client/beneficiary becomes a second director of the limited company with joint signing authority (both signatures required): One-time fee of EUR 490.00 -Nominee shareholder: English tax advisory and law office acts as nominee shareholder of the limited company (X - 100% shareholder): No formation shareholder or shareholder in Belize (beware of cheap formation offers!): EUR 980.00 for the first year, plus EUR 400 administration fee. -London Head Office, Version 1: A Registered Office does NOT sufficiently constitute an ordinary place of business in the UK (could be viewed as a dummy corporation and/or the UK financial authorities may deny VAT registration). In Version 1, the UK Ltd receives its own phone and fax number with voicemail; incoming phone calls are forwarded to you via e-mail as sound file attachments; otherwise, a deliverable postal address is provided and mail is forwarded on to you. This prevents suspicion of a dummy corporation in connection with your nominee director's "real office" (this is crucial): EUR 690.00 for the first year, thereafter EUR 260.00 per year plus mail forwarding fees (EUR 50.00 deposit required) -London Head Office, Version 2: A Registered Office does NOT sufficiently constitute an ordinary place of business in the UK (could be viewed as a dummy corporation and/or the UK financial authorities may deny VAT registration). Version 2: Deliverable postal address in the US, mail forwarding, your own telephone number with personal answer service in the name of the company, fax, call forwarding to your phone available, company nameplate. Lease agreement between the landlord and the Ltd. Offered by our British-based tax advisory office at the office site, i.e. at the nominee director’s place of management. Temporary use of office and conference spaces for an additional fee optional. You will be notified of incoming phone calls via e-mail, fax or SMS. Fees: EUR 250.00 per month (payable 6 months in advance), one time setup fee of EUR 600.00. Call forwarding: plus any incurred call charges from British Telecom. -London Head Office, Version 3: A Registered Office does NOT sufficiently constitute an ordinary place of business in the UK (could be viewed as a dummy corporation and/or the UK financial authorities may deny VAT registration). Telephone answering with company name, company address in London, company nameplate, mail forwarding, temporary rental of fully equipped office and conference rooms: http://www.eoffice.co.uk/services/virtualofficepremium.htm or www.regus.com. We will put you in touch with the provider, agreement signed between your Ltd and the Business Center. -VAT registration/Sales tax ID number: GBP 249.00 Payable directly to the tax advisory firm in London, not included in the package. Within the scope of intra-Community deliveries and services, the VAT-registered UK Ltd issues invoices excluding VAT, as long as the service recipient is located outside the UK and also holds a VAT ID (6th EU Directive, reversal of turnover tax liability, service recipient pays VAT). VAT registration required for sales higher than GBP 60,000 per year. -New bank account setup in the UK: New bank account including Visa card and online banking, Beneficiary has sole transaction authority: One-time fee of EUR 790.00 -New bank account setup in Austria (including online banking, Visa and debit card): One-time fee of EUR 900.00 The apostille set is required for this service. No travel to Austria is required. Austria offers a very high level of banking secrecy as guaranteed by its constitution; no information is disclosed except in serious criminal cases. -Registration of a non-independent branch location (available in Germany, Denmark, France, Italy and Spain): The UK Ltd and permanent UK establishment must apply for registration and NOT the client. (beware of cheap providers!). Considerable administrative expenses are therefore incurred. The apostille set is required for this service: One-time fee of EUR 700.00 One-time fee amounts are calculated in advance and are understood to be net plus VAT if applicable. Partial payments (50% in advance, 50% after receipt of formation documentation by fax) incur a 5% fee. If taking over an existing Ltd, the fee must always be paid in full and in advance. Annual fees (as of the first year) are considered deductible expenses and therefore reduce your taxable income. The same applies to costs for tax advisory services and year-end accounts. Foundation fees can be billed as "Tax and legal advisory services" to your German-based company, for example, and are equally deductible. Fees for bookkeeping, advance sales tax reporting, year-end accounts (UK tax adviser)
- Cyprus Ltd: Services and fees Our formation service package includes:
Capital stock: We recommend an authorized capital amount of CYP£ 1,000, or a higher amount if you desire. The transactions of the firm are not limited to the amount of the company’s authorized capital. The minimum amount of authorized capital stock for registration as an Ltd equals CYP£ 1,000. Should the company open an office in Cyprus (establishment of a commercial business operation), the minimum amount is CYP£ 10,000. Please be advised that this amount does NOT have to be restricted to Cyprus. Fees (understood to be net, plus statutory VAT if applicable): Complete Package A (including nominee director and nominee shareholder in Cyprus): Formation, register entry, apostille, notarized translation of formation documents, Registered/Head Office base in Cyprus (deliverable postal address, including for registered mail, telephone number, fax), corporate secretary, nominee director and nominee shareholder (legal entity in Cyprus, Ltd) for one year paid, general power of attorney for the founder/client including translation and notarization, certificates of good standing, new bank accounts including internet banking and Visa card (only client's name on the account), no travel to Cyprus required, tax ID and VAT ID numbers, referral to Cypriot tax advisory. Also included:
Fees, including all special services for the first financial year: Euro 10,990.00. Annual fees as of the second financial year: EUR 3,800.00 The annual fee includes the following:
Complete Package B (including nominee director, no nominee shareholder): Formation, register entry, apostille, notarized translation of formation documents, Registered/Head Office base in Cyprus (deliverable postal address, including for registered mail, telephone number, fax), corporate secretary, nominee director for one year paid, general power of attorney for the founder/client including translation and notarization, certificates of good standing, new bank accounts including internet banking and Visa card (only client's name on the account), no travel to Cyprus required, tax ID and VAT ID numbers, referral to Cypriot tax advisory. Also included:
Fees, including all special services for the first financial year: EUR 10,600.00 Annual fees as of the second financial year: EUR 3,800.00 The annual fee includes the following:
Complete Package C (including nominee director and nominee shareholder, non-Cypriot): Formation, register entry, apostille, notarized translation of formation documents, Registered/Head Office base in Cyprus (deliverable postal address, including for registered mail, telephone number, fax), corporate secretary, nominee director and nominee shareholder (legal entity, UK tax advisory) for one year paid, general power of attorney for the founder/client including translation and notarization, certificates of good standing, new bank accounts including internet banking and Visa card (only client's name on the account), no travel to Cyprus required, tax ID and VAT ID numbers, referral to Cypriot tax advisory. Also included:
Fees, including all special services for the first financial year: EUR 11,900.00 Annual fees as of the second financial year: 3.800,00 Euro + 990,00 Euro to the UK tax advisory . The annual fee includes the following:
Possible advantages of this solution over Package A: In accordance with Cypriot tax law, profit distribution to a Cypriot shareholder is simulated and subject to a 15% defense tax, as long as no distribution has taken place within the previous two years. However, this rule applies only to Cypriot shareholders, i.e., Cypriot natural persons or legal entities. If a UK Ltd with permanent establishment in the UK (nomineeship) acts as shareholder, the defense tax does not apply. Profit distribution to the UK shareholder remains tax-free under the EU Parent-Subsidiary Directive. Complete Package D (including nominee director and offshore company as shareholder): Formation, register entry, apostille, notarized translation of formation documents, Registered/Head Office base in Cyprus (deliverable postal address, including for registered mail, telephone number, fax), corporate secretary, nominee director for one year paid, general power of attorney for the founder/client including translation and notarization, certificates of good standing, new bank accounts including internet banking and Visa card (only client's name on the account), no travel to Cyprus required, tax ID and VAT ID numbers, referral to Cypriot tax advisory. Formation of an offshore company acting as X-100% shareholder. Also included:
Fees, including all special services for the first financial year: EUR 16,600.00 Annual fees as of the second financial year: EUR 3,800.00 to the Cyprus advisory office and EUR 900.00 for offshore company management The annual fee includes the following:
* We will form an offshore company for you in the BVI, Seychelles or Belize that will act as shareholder of the Cypriot Ltd. Advantage: Offshore companies (defined as: No international law enforcement treaties, no fiscal extradition agreements with other countries, no public commercial register), allow you to act as the “official" owner. As Cyprus does not tax dividend payouts outside of Cyprus, no taxes are withheld and dividends funneled to the BVI or Belize remain tax-free due to Exempted Company status. Formation of Cypriot Limited company only: EUR 4,200.00 Cypriot Ltd as a holding company Complete package fees plus legal fees for holding company tax status application with the Cypriot financial authorities: One-time fee of EUR 600.00. -Branch subsidiary of the Cypriot Limited in Switzerland: As per Swiss corporate law, EU companies may establish subsidiaries in Switzerland without capital stock investment in a Swiss GmbH, but as an independent legal entity. Advantages of this solution:
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company formation
including the following services: