BUSINESS SETUP
We believe in solutions, therefore as experienced consultants, we understand our client’s requirements, further our feasibility team analyses the information gathered and proposes the right business activity and right jurisdiction to perform the business. Our work does not stop with business set-up, our services extend to all initial requirements for easy functioning of a business for a minimum one year with limited cost.
OFFSHORE COMPANY SETUP
TAFEEL BUSINESSMEN SERVICES has become one of the leading licensed providers of offshore company services worldwide by ensuring we always offer fast and efficient facilitation of the offshore company incorporation process.
If you are considering incorporating and administering an offshore company with offshore bank account facilities then TAFEEL BUSINESSMEN SERVICES can help.
Our offshore companies can be used to maintain and create wealth and conduct international trading, contracting or consulting services, property holding and asset protection activities.
With this, you can enjoy the many benefits of an offshore company, including tax privileges Offshore Companies also bring advantages that go beyond taxation, such as facilitating direct investment into certain jurisdictions, managing withholding taxes on foreign income and holding intellectual property, to name but a few.
The final part of the process is making a payment – and there are a variety of ways to do this. Our team will present you with the full range of options, on request.
SETTING UP AN OFFSHORE COMPANY
– A STEP-BY-STEP GUIDE
Setting up an offshore company can seem like a daunting prospect – and that’s where we come in. We’ll guide you through the stages of company formation. We’re also happy to liaise with the necessary authorities and organizations on your behalf, to ensure the entire process is as smooth and seamless as possible. If you try to incorporate a word that suggests government involvement, chances are that your company name will be rejected. We have got in-depth knowledge of which words are acceptable and which aren’t, and can guide you towards an appropriate title for your business. You’ll also need to add the right suffix to establish the fact that you’re operating with limited liability.
Other documents may also be required; this depends on the nature of your operations, and where your company is based.
- Selecting the right jurisdiction. Most business-owners start at this point – identifying the right jurisdiction for their company. This will depend on a number of different factors, and we can offer support and advice throughout. Please see our section below for further details.
- Choosing a name. Selecting a company name isn’t always as straightforward as you might think. For example, some countries won’t accept certain words in the title, such as ‘Bank’ or ‘Chartered’, and the words on the ‘forbidden’ list aren’t always obvious.
- Gathering the correct documents. To form an offshore company, you’ll need to provide the relevant due diligence documents. These include:
– A certified copy of your passport
– An original utility bill, less than three months old showing your current residential address or depending on your location, tenancy contract
– A copy of your Curriculum Vitae
– Signed Company application form which we will send to you Certain Jurisdictions also require a Bank Reference Letter - Submitting an order form. At this point, you’ll be ready to submit your order form. This will cover a range of information, such as: details of the shares you’ll be issuing, the names of the company director or directors, the names of the shareholders, the company secretary (if you’re planning to have one), and what services you’ll require, such as virtual offices, banking etc.
Choosing the right jurisdiction
When selecting the right jurisdiction, a number of factors should be considered. These include current political situations, specific compliance requirements, plus the laws and regulations of the country or state.
You’ll also need to take into account the following (among other things):
The nature of your business
Where you live
What assets you’ll be holding
Our team are on hand to assist with:
• Ensuring compliance when forming your company
• Understanding the local regulations and laws Banking
• Communicating with the necessary organizations and services
• Company administration
• Annual renewal fees associated with formation