TAX EXEMPTED COMPANY
ESTABLISHING A CAYMAN EXEMPTED LIMITED COMPANY
INCORPORATION AND SERVICE FEES
Incorporation Fee – Euros 1,200.00
General disbursements (printing, local and overseas courier) – Euros 200.00
Stamp Duty – Euros 75.00
Government Registration Fee (based on share capital of up to US$50,000) – Euros 1,100.00/annual
Filing of Statutory documents – Euros 275.00
Certified Copies of Company documents – Euros 325.00
Provision of local Cayman Registered Office – Euros 1,200.00/annual
Registered resident Agent Fee, as legally required – Euros 900.00/annual
Annual management and maintenance fees – Euros 1,200.00/annual
Tax Exemption Certificate – Euros 1,900.00 (*)
DHL Courier – Euros 100.00
Express Registration fee (optional for 48 hour incorporation) – Euros 600.00
Nominee Shareholder – Euros 650.00/annual
Nominee Director – Euros 1,800.00/annual
Assistance to open corporate bank account – Euros 870.00
1 extra set for bank account opening purposes – Euros 325.00
(*) Certificate granting exemption from any corporate taxes imposed in Cayman for a period of 20 years.
First year – Fees are considered from the date of formation until the 31st December same year
2nd and subsequent years – All annual fees marked above as “/Annual” become due from the 1st January each ear, and are payable until the 31st January
The Annual Fees are concerned with the following services:
Annual Statutory Fee, which includes:
- Local incorporation agent, to provide you all services relating company matters (registered agent facilities);
- Filing statutory returns with official departments, required, to be the company active and alive;
- Liaison with the registered office and the registered agent in the jurisdiction of incorporation, attending to the payment of the Annual Government License Fees and other government fees;
Annual Compliance Fee, which includes:
- Attending to routine compliance matters (inclusive of periodic file reviews), reviewing official correspondence received and other routine matters incidental to good corporate governance;
- Processing and Return Filing with Internal revenue, Registrar of Companies, and other official departments
FULL SERVICED VIRTUAL OFFICES
Dedicated and exclusive telephone number – Euros 750.00/annual
Provision to cover message re-forwarding – Euros 200.00
Dedicated and exclusive fax number – Euros 750.00/annual
Provision to cover fax re-forwarding – Euros 200.00
For exempt companies:
- with a share capital not exceeding US$50,000 - US$854
- with a share capital greater than US$50,000 but not exceeding US$ 1 million - US$1220
- with a share capital greater than US$1,000,000 but not exceeding US $ 2 million - US$2420
WORLDWIDE CORPORATE BANK ACCOUNTS
International Recommended banks:
ABN AMRO, Netherlands
Alliance Leicester Commercial Bank, UK
AP Anlage & Privatbank AG, Switzerland (Group Parex Bank)
Atlantic International Bank, Belize
Banco Santander, Spain, Uruguay
Banif – Madeira Islands and Cayman Islands
Bank Austria, Vienna, Austria
Bank of China International Ltd, HK
Barclays Bank, Isle of Man, Gibraltar and Dubai (UAE)
BPA, Banca Privada de Andorra, Andorra
Credit Suisse, Zurich, Switzerland
First Caribbean International Bank, in Turks & Caicos
First Gulf Bank, Dubai, UAE
Heritage Bank, Belize
HSBC Bank (Cayman) Limited, Cayman Islands
HSBC Bank, UAE
HSBC Bank, United Kingdom
Kiwi, New Zealand
Liechtensteinischa Landsbank (Osterreich) AG
LGT Bank ln Liechtenstein (Cayman) Ltd
Lloyds TSB Offshore Limited, Jersey
Loyal Bank, St Vincent & The Grenadines
Nordea Bank, Denmark, Finland, Norway, Sweden
Parex Banka, Latvia
RBC - Royal Bank of Canada, Cayman Islands
Rietumu Banka, Latvia
SG Hambros Bank, Gibraltar
Standard Bank, Hong Kong, Isle of Man, Jersey, Mauritius, Singapore, and UAE
Standard Chartered Bank, HK
Valartis Bank, Vienna, Austria
If either of these banks or jurisdictions to set up your corporate bank account suits you, we shall be very pleased to assist you.
Our Services before you deal directly with the bank by yourself:
Independent advice to help you to choose the right bank
Support regarding due diligence requirements
Assistance with filling in the required forms
Provision of properly legalized corporate documentation where applicable
Recommending you to the bank based on your individual profile and due diligence documentation
Representing you before the bank in the course of account opening
(a) If extra legalization and/or corporate documents are required by the bank, additional fees apply;
(b) Bank own account opening fees and costs (if any) will be charged from the first deposit to your account;
(c) Bank fees and costs are not included into our bank introduction fees.
(d) Any of the banks above always have their final word, after due diligence processed, by accepting you or not as their customers, depending on their on evaluation; however, you are always free to open your company’s bank account by yourself, with some other bank of your selection.
(1) The above description is not an offer or soliciting to provide financial services of any kind inclusive but not limited to buying any security or investment product or receiving an investment advice from us. Bank fees and account opening terms inclusive due diligence requirements are subject to change from time to time without notice;
(2) After the account has been opened you deal directly with the bank by yourself, entirely at your own risk and at your sole discretion; we may not be responsible for any changes in the legal or financial status, requirements, fees and commissions of the aforesaid Banks.
Certificate of Incorporation
Memorandum & Articles of Association
Provision of Corporate Bank Account (if required)
DELIVERY OF DOCUMENTS
We can either dispatch the documents to you by DHL or any other express courier, if a faster delivery service required.
HOW TO START INCORPORATION PROCESS
As to start the incorporation process, we only need an email from you, with your order, confirming the required optional services, if any. A Proforma invoice will then be delivered to you with our banking coordinates so that you may settle payment by swift wire bank transfer.
DOCUMENTS AND INFORMATION REQUIRED
1 – We need you to provide us the names of the persons who will be appointed by you as shareholder and Director for the company. We shall need scanned copy of passports and Utility Bill as proof of address.
Remark – Please note that an IBC can have the Shareholder acting simultaneously as the Company’s Director, which means that you by yourself, or any corporation of yours, can have this company incorporated, not needing anyone else. You can also appoint as many shareholders and directors as you wish.
2 - Also 3 – 4 alternative names will be required to enable us to make the name search and approval for the company.
TIME REQUIRED GETTING YOUR COMPANY’S NAME APPROVED
Same day or next day latest.
TIME TO INCORPORATE
Considering also the time to certify and apostil all documents, plus courier delivery, you can count on approx. 8 to 10 working days to have all documents delivered to you.
Hope all above information meets your requirements and needs.
In case you may have any further matter or question to clarify, please don’t hesitate to contact us, before taking your decision.
OFFSHORE INCORPORATION SERVICES
COMPANY FORMATION & MANAGEMENT SERVICES
TAX PLANNING AND ASSET PROTECTION SOLUTIONS
INTERNATIONAL BUSINESS COMPANIES
PRIVATE LIMITED COMPANIES
LIMITED LIABILITY COMPANIES
LIMITED LIABILITY PARTNERSHIPS
PRIVATE & FAMILY FOUNDATIONS
PANAMANIAN LICENSED FINANCIAL CORPORATIONS
NEW ZEALAND OFFSHORE FINANCIAL INSTITUTIONS
SECURE & CONFIDENTIAL NOMINEE STRUCTURES
INCORPORATION IN EUROPE AND
MAJOR INTERNATIONAL OFFSHORE CENTRES
WORLDWIDE FULL SERVICED VIRTUAL OFFICES