A non-resident company, which does not have to pay taxes, supplies anonymity and confidentiality and does not file accounts is actually an offshore company. However, it requires three main criteria: 1) your company is incorporated in a country out of your nationality; 2) your company is registered in a jurisdiction, where you do not paying taxes; 3) your trading activities with any other companies in the jurisdiction where your have created an offshore company should be officialized.
An onshore company is generally located in a jurisdiction, where taxes is more attractive, like the UK or Latvia. Taxes are levied, accounting is requested, but the adaptability of the tax system is globally profitable for some cases. You may suggest three trade names and we run a research with the local trade register, in order to check their availability, you get the results within 2-3 days.
The Nominee Director signs the Power of Attorney, which is the official document giving the entire responsability of the company. This document allows the bank to identify you as the beneficial owner of the company and the only one to have power on the offshore bank accounts. The shareholders are only represented by you and your partners, but your identity is never published in the statutes, as the shares are carrier or held by the Shareholder Nominee.
Twelve months after the incorporation of the offshore company, we will contact you again, in order to update your offshore company: jurisdiction’s fees and charges, various costs, like headquarters, Nominee Director, Nominee Sharholder and local appointed agent. The numbers for the second period are always indicated in our initial quotation. It is, of course, our duty to communicate with you in due time – around 30 days before the date.
Our quotations are accurate and we handle all the incorporation’s procedures of your offshore company, including costs of creation, head office, the appointment of a Nominee Director, a Nominee Shareholder and issuance of original records.
For documents required for opening a bank account, we check the bank forms to fill out. We are monitoring bank account opening procedures and are the contact of offshore banking to the opening itself. We are always at your disposal for any questions about the banking system, your company, the account activation procedure, and all your offshore approaches.
You do not have to go to the jurisdiction of incorporation or country where bank is required, Amexia Offshore is responsible for all these steps. After the official opening of bank account, we will make you get your financial information confidentially. The chosen bank will transmit directly your Visa / MasterCard and bank online access.
While opening the account you get Visa card or MasterCard. The 3 regular patterns are also available: Business, Gold, Platinum. Rates are set by Visa and/or MasterCard and are identical to those existing in France. You are able, as well, to open sub-accounts with additional cards for the attention of your partners and associates.
The card user fees (withdrawal, payment) are defined by Visa and / or MasterCard, depending on each country. They can vary from 0.5% for payments to 1% for withdrawals. These fees are independent from the bank, and are only related to ATMs or at selected shops, as well as countries in which you conducted these operations.
This is usually possible, but not all the time. Overall, we are able to provide checkbooks only for non-UK entities and offshore companies. However, most of the banks have removed the checkbook of their banking system. We’ll see very rarely a foreign check accepted on the French territory by a debtor who has no insurance. You have, in any case, the possibility of using your credit card and online banking to achieve all of your payment transactions.
The primary criteria in selecting a jurisdiction are as follows: good infrastructures network, politico-economic balance, awareness, appropriate rights of companies. The jurisdictions we choose include all these parameters. However, it must also take into consideration your location and activities. We often suggest offshore companies in the Seychelles for their advantages: low fees, easy creation of society and guaranteed confidentiality.