1. Is it expensive to form an offshore company?
The cost to form an offshore company depends on the jurisdiction you choose to establish it. Delaware, British Virgin Islands, Panama have the best prices to make it up. After the first year, and every year following, there is a small maintenance fee that includes: annual fees for the government, for the Register office, and for the agent. The whole package may vary in different jurisdictions.
2. How can I check my company with a appointed director?
Control over the company is guaranteed through the general delegation signed by the appointed director, and delivered to the beneficiary owner or other person that the beneficiary owner may appoint. In addition, the undated resignation letter of the appointed director may be used at any time by the owner, to appoint himself or other person as director.
3. Are other shareholders required, or can I be a single shareholder?
In all the jurisdictions that we offer the minimum number of shareholders is one, except for Panama, where the minimum of people for incorporation is three.
4. Do I have to visit the jurisdiction for the Constitution or to open the bank account?
We will provide you with online information, by phone or fax, and we shall constitute your company for you. To open a bank account on behalf of your company, we will have the specific documentation and address the best institute.
5. What is the difference between an authenticated document and an Apostille document?
An authenticated document is a copy of the document for which it is certified that it is a true copy of the original, signed (authenticated) by a notary public. An apostille to a document is the authentication, issued by a special official of the government, of a copy of a public document that has been authenticated as a true copy by a notary public. The Apostille is internationally accepted under the Hague Convention. Not all the nations of the world are members of The Hague, but the majority of the speaking nations and the European nations are members.
6. What is included in a general power of Attorney (attorney General)?
Is signed by the authorized person (the Director) in favour of the customer or his/her representative. It is a letter of assignment of the Prosecutor in fact (holder of the attorney) for the company and defines the powers of the Procurator in fact. These powers may be total or limited. Provides a date and time from which the authority becomes effective, and if it is for a limited period of time, indicates the date and time at which it will expire.