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BVI Incorporation |
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Welcome |
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Foerster Business Solutions specialise in the incorporation of British Virgin Islands (BVI) companies which is one of the oldest and most respected offshore financial centres in the world. BVI is widely considered as a benchmark, which the other offshore tax havens strive to emulate. Foersters are working extremely hard to make sure we give you the very best sevice in the industry, our price are very competitive whilst at the same time being able to offer you a wide choice of features. |
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We have 4 excellent packages to choose from but if they do not meet your requirements please telephone or email our offices and we will taylor a package just for you. |
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Incorporation of Offshore Company
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Memorandum
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Articles of Association
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Registered office
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Agent fee for the first year
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Government fees for the first year
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Issued Share Certificate
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Register of Directors
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Appointment of First Director
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Company Share Register
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Company Seal
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Annual Renewal Fees £500 + VAT Includes
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Government Fees
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Registered Office
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Local Agent
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Incorporation of Offshore Company
-
Memorandum
-
Articles of Association
-
Registered office
-
Agent fee for the first year
-
Government fees for the first year
-
Issued Share Certificate
-
Register of Directors
-
Appointment of First Director
-
Company Share Register
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Company Sea
Add Nominee Appointments for £195 |
Non UK resident Nominees appointed for complete anonymity |
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Annual Renewal Fees £695 + VAT Includes |
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Incorporation of Offshore Company
-
Memorandum
-
Articles of Association
-
Registered office
-
Agent fee for the first year
-
Government fees for the first year
-
Issued Share Certificate
-
Register of Directors
-
Appointment of First Director
-
Company Share Register
-
Company Seal
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Add Nominee Appointments for £195
Non UK resident Nominees appointed for complete anonymity |
Add an Offshore Bank Account (IOM, Jersey, Guernsey) for £100 |
a). Business Bank account |
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Annual Renewal Fees £695 + VAT Includes
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Incorporation of Offshore Company
-
Memorandum
-
Articles of Association
-
Registered office
-
Agent fee for the first year
-
Government fees for the first year
-
Issued Share Certificate
-
Register of Directors
-
Appointment of First Director
-
Company Share Register
-
Company Seal
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Add Nominee Appointments for £195
Non UK resident Nominees appointed for complete anonymity |
Add an Offshore Bank Account (Cyprus) for £295 |
a). Business Bank account |
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Annual Renewal Fees £695 + VAT Includes |
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GENERAL |
top |
Type of entity |
BC |
Type of law |
Common |
Our time to establish a new company |
2 days (approx) |
Government fees for a share capital not exceeding US$50,000 |
US $350 |
Government fees for a share capital exceeding US$50,000 |
US $1,100 |
Corporate Taxation |
Nil |
Double taxation treaty access |
No |
SHARE CAPITAL OR EQUIVALENT |
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Standard currency |
US $ |
Permitted currencies |
Any |
Minimum paid up |
US $1 |
Standard Share Capital |
US $50,000 |
DIRECTORS |
Minimum number |
1 |
Local required |
No |
Corporate Directors Permitted |
Yes |
Publicly accessible records |
No |
Location of meetings |
Anywhere |
SHAREHOLDERS |
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Minimum number |
1 |
Publicly accessible records |
No |
Location of meetings |
Anywhere |
COMPANY SECRETARY |
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Required |
Optional |
Local or qualified |
No |
ACCOUNTS |
Requirement to prepare |
Yes |
Audit requirements |
No |
Requirement to file accounts |
No |
Publicly accessible accounts |
No |
OTHER REQUIREMENTS |
Requirement to file annual return |
No |
Change in domicile permitted |
Yes |
| ADDITIONAL SERVICES |
| Nominee Director Offshore |
Option 2 & 3 |
| Offshore Business Account -Cyprus |
Option 3 |
| Offshore Bank Account - Jersey, Geurnsey, IOM |
Option 4 |
| Trusts |
Available |
| Nominee Director Onshore |
Available |
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Type of entity
BCI - International Business Company or International Business Corporation (IBC) is an offshore company formed under the BVI laws as a tax-free company which is not permitted to engage in business within the jurisdiction it is incorporated in. Offshore Financial Centres which have allowed the formation of IBCs also include Antigua, Anguilla, the British Virgin Islands, the Bahamas, Gibraltar, Nevis and Seychelles.
- Characteristics of an IBC vary by jurisdiction, but will usually include the following:
- Exemption from local corporate taxation and stamp duty, provided that the company engages in no local business.
- Confidentiality of the beneficial owner of the company
- Broad corporate powers to engage in different businesses and activities
- The ability to issue shares in either registered or bearer form
- No requirements to appoint local directors or officers
- Provision for a local registered agent .... Back
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Type of law
The law of the British Virgin Islands is a combination of common law and statute, and is based heavily upon English law. Which tends to be a combination of the very old and the very new. As a leading offshore financial centre, the Territory has extremely modern statutes dealing with company law, insolvency, banking law, trust law, insurance and other related matters. A large body of the laws of the British Virgin Islands consists of the common law, which continually updates itself through judicial precedent in the Territory and in other common law countries. The local legislature and courts are independent from the United Kingdom .....Back |
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Corporate Directors Permitted
BVI Law allows you to appoint a corporate director, i.e. appoint a company as a director, thus if you had a UK Company it could be appointed a the sole or joint director .....Back |
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Nominee Director Offshore
We will appoint a corporate nominee director resident outside the UK; this appointment severs all ties with the beneficial owners domicile making your company completely anonymous.
Documents requiring a director signature can be completed either via mail, fax or email dependant upon the documents importance and requirements, inclusive in the nominee fee is the provision to sign 5 documents in one year, signatures for all other documents carry a nominal fee of £15 each, and documents requiring mail/courier service are charged at source.....Back |
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OFFSHORE BUSINESS BANK ACCOUNT - Cyprus
Current Account
Current Accounts with tiered rates of credit interest are available in all major currencies,
including US Dollars, Canadian Dollars, Japanese Yen, Swiss Francs, Pound Sterling and Euros.
Regular statements are issued for all accounts.
Payment Services
A full range of payment services such as
- standing orders
- cheque clearance
- banker’s draftselectronic funds transfer (S.W.I.F.T) payments which can be offered as a Fast Track service executed with “same day” value.
Card Services - International
Their C ard Services has been at the forefront of assisting its clients and partner banks in setting up card payment solutions and tailoring card programmes for their specific needs on both domestic and international levels. They are members of the largest payment system organisations Visa International and MasterCard®.
- Gold Cards
- Standard Card
- Debit Cards
- Customised Cards
e-Banking for Corporate Clients
FBME e-Banking is a real-time, easy and secure online banking service available for all FBME corporate clients, allows you to access their funds at your convenience at any time.
FBME e-Banking Feature
- View all your account balance(s) - in real-time
- View your account statement(s) online
- View your card statement(s) online
- Initiate transfers between FBME accounts and accounts with other banks
- Create your own reports of fund transfers
- View loan details
- Set-up and manage your Fixed Deposits
- Access daily indicative currency rates
- initiate and/or view Letters of Credit and Guarantees
- *Master option – for clients who wish to manage the accounts of more than one company or individual centrally
- Enhanced functions – Corporate administrators – The function of the corporate administrator allows clients to choose preferences and set access levels for different users within the company
- Easy access to your account information from any location
- Print, download and file your statements at your convenience
Secure
- Communicate with FBME. FBME e-Banking allows you to send messages through a secure banking environment directly to FBME Customer Service for a faster response
- All account and transaction information is fully protected by a multi-layered security system
- Memorable information - is a built in feature that adds additional security to accessing your account online
- Lower risk of identity theft and mail fraud
Fixed Deposit
Standard Fixed Term contracts range from seven days up to twelve months, with an option for automatic renewal.
Certificates of Deposit
High interest rate yielding Certificates of Deposit are available with floating and escalating rate options. deposit terms start at a minimum of one year and offer three interest rate options:
- Fixed
- Variable
- Escalating
Also offered bespoke deposit accounts whereby you are able to agree on a flexible term.
ACCOUNT MAINTENANCE CHARGES |
¨ Current Accounts |
$23.00 per quarter or part thereof. |
CLOSING ACCOUNT ADMINISTRATION CHARGE |
¨ Current Accounts |
$18.00 each |
COMMUNICATION CHARGES |
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¨ Telex or SWIFT: |
Minimum charge $13.00 |
¨ Fax / e-mail |
Minimum charge $13.00 |
¨ Courier - in Cyprus: |
Minimum charge $13.00 |
- abroad: |
Minimum charge $28.00 |
¨ Postage: |
Minimum charge $8.00 |
¨ International Telephone Calls: |
CYTA charge plus 100% |
HOLD MAIL QUARTELY CHARGES [Retention of all client mail at one of our offices] |
¨ No prior notice for correspondence pick-up [with no additional fee]
¨ Four days written notice for correspondence pick-up
¨ In addition, a one-time fee per annum upon pick-up |
(Option one) $63.00 (Option two) $33.00
$123.00 |
STATUS REPORTS AND REFERENCES |
¨ Obtains status reports for clients |
$53.00 each |
¨ Replying to status enquiries on clients |
$53.00 each (charged to
enquiring bank) |
¨ Issue of certificates, references etc. |
$53.00 each |
¨ Issue of certificates (including turnover statistics &/or credit opinions) |
$60.00 each |
¨ Issue of legalised certificates |
$296.00 each |
¨ Issue of apostiled certificates |
$203.00 each |
¨ Issue of certificates and Certification by a Certifying Officer |
$88.00 each |
PHOTOCOPIES |
¨ Per page |
$1.00 each |
AUDIT CONFIRMATIONS |
¨ Written confirmations of balances given to a client’s auditors |
$43.00 each |
The bank requires the following personal documents:
- A certified copy of the valid passport (pages containing photo, signature and personal details)
- Evidence of residential address (an original bank statement or credit card statement with individual’s name and residential address)
- Second evidence of residential address (an original bank statement or credit card statement with individual’s name and residential address).
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Important notice
- Foerster Business Solutions Limited (FBSL) is not a financial institution and doesn't offer or provide any financial services. Our company offers clients a wide range of business consulting services.
- The Client must return to our office ALL required documents signed with any incompleted areas completed.
- The bank could request from the Client any additional information and/or documents at its discretion and the Client must comply with the bank requirements.
- The bank makes its own decision about each application based on Client's personal documents and his business information. FBSL does not accept any responsibilities for the bank's decisions.
- The above introduction services are available for our clients who use our Offshore Registered Office and Registered Agent services. If you are not with our company at the present time, you should order an offshore company or change your current registered agent to our agent before ordering the Bank Introduction Services.
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Offshore Business Account - Jersey, Guernsey, Isle of Man |
Go Back |
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For opening a corporate bank account with Barclays Bank Offshore.
The bank offers excellent online banking features:
- Access to account balances and account transactions
- Transfer money between accounts in the same bank
- International wire transfer payment
- Forex transactions
- Access to debit card balance.
- No minimum account balance is required.
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Debit Card Visa Electron.
- Barclays issues Visa Electron debit card, when a corporate bank account is opened.
- The card provides the following benefits:
- 24/7 access to funds in any place of the world
- worldwide acceptance for any online or in store purchases
- worldwide cash withdraw
- no credit history is required
- no security deposit is required
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Foerster Business Solutions Ltd provides bank introduction services as follows:
- Informs you about different banks and available bank services
- Helps to completes bank forms, we will complete as much information as possible then forward the forms for your completion, prepare your personal documents according to the banks requirements.
- Prepares corporate documents according to the banks requirements.
- Checks your application form and provides your with recommendations improving presentation of your business information included in the form.
- Introduces you to the bank.
- Monitors account opening process and helps you to get your account opened in timely manner.
- Offers you information support over the phone, fax and email during account opening process.
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The bank requires the following personal documents:
- A certified copy of the valid passport (pages containing photo, signature and personal details)
- Evidence of residential address (an original bank statement or credit card statement with individual’s name and residential address)
- Second evidence of residential address (an original bank statement or credit card statement with individual’s name and residential address).
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ACCOUNT MAINTENANCE CHARGES |
Maintenance fee: |
£30 payable quarterly |
Transaction fee: |
£0.69 for each entry will be applied to your account (eg. for each cheque drawn on the account and for each credit paid in). |
International wire transfer fee: |
£30 per each outgoing transfer |
Fee for the issue of a bank draft: |
£30 per draft |
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Important notice
- Foerster Business Solutions Limited (FBSL) is not a financial institution and doesn't offer or provide any financial services. Our company offers clients a wide range of business consulting services.
- The Client must return to our office ALL required documents signed with any incompleted areas completed.
- The bank could request from the Client any additional information and/or documents at its discretion and the Client must comply with the bank requirements.
- The bank makes its own decision about each application based on Client's personal documents and his business information. FBSL does not accept any responsibilities for the bank's decisions.
- The above introduction services are available for our clients who use our Offshore Registered Office and Registered Agent services. If you are not with our company at the present time, you should order an offshore company or change your current registered agent to our agent before ordering the Bank Introduction Services
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