Company Formation & Structuring
Onshore Formations
Often times, it is necessary to form an Onshore company in a jurisdiction such as the UK to act as a holding company for other businesses in an effort to secure premium banking and/or PSP (Credit Card & eWallet) processing solutions for your business. We are experts at structuring these companies in an effort to maximize your present and future relationships with both "internal" and "external" company relationships. Some relevant Onshore jurisdictions are:
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United Kingdom
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Cyprus
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Gibraltar
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Poland
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Estonia
Offshore Formations
Many online financial companies prefer to form their company offshore. Offshore jurisdictions afford a great level of ownership and financial privacy not afforded by onshore jurisdictions. Extremely favorable tax laws can save you substantial amounts of money. Some relevant Offshore jurisdictions are:
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Saint Vincent and the Grenadines
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Cayman Islands
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Seychelles
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Belize
Nominee Service (Director)
Nominee Service (Director)
A nominee director is a third party, who is appointed to act as a Director of a company. This is a device used for various reasons. In some jurisdictions, it is a legal requirement that at least one director of the company is a resident of that particular offshore jurisdiction (for example, Singapore). In this case, a more accurate description of the service would be a Resident Director.
The more common use of the Nominee Director service is to ensure anonymity. Under the law of some countries, information on directors and/or shareholders must be registered in the public files of the Companies Registry. Where this is the case. only by using nominee directors and/or shareholders can the client's anonymity and confidentiality be ensured.
Even in jurisdictions without publicly accessible records, there are privacy and confidentiality reasons for appointing Nominee Directors. When conducting business, legal contracts, letters of understanding and other corporate documents will often require signatures and disclosure of the names of Directors and therefore again, only by using a Nominee Director can complete anonymity be guaranteed. Anyone performing a Company Search on a company with a Nominee Director would be unable to discover in whose name the Nominee Director was registered.
Nominee Service (Shareholder)
Nominee Shareholders are usually required by clients seeking legitimate confidentiality of ownership. The shares in the company are formally registered in the name of an unrelated third party - a nominee, provided by us. It would usually be another corporate body (a company), wholly owned by ourselves, incorporated solely for this purpose and all details of the true beneficial owner of the offshore company would remain strictly confidential.
The Nominee Shareholder is not the legal owner of the shares, and the underlying investors have the beneficial interest in the shares: i.e. they are entitled to all income and capital gains on them.
The nominee shareholder simply shields and protects the client during any possible public inquiry from showing up as the owner of the company. Thus, the client is formally distanced from his offshore company at the ownership level. At the same time, the client can prove himself as the owner of the company whenever he chooses, by way of producing the supporting confidential documentation that is provided by us on taking the service.