Benefits of offshore company and steps for company formation

Basic meaning of the term offshore is “far from shore”. But in terms of business world, it means quite different. An offshore company refers to management, direction and operation of a company in foreign jurisdiction. Such a company runs outside the residence country of beneficial owner of company. The basic purpose of owing a company in outside country is to take benefits from financial and legal system of a foreign jurisdiction. Such a jurisdiction is called tax-haven since they charge zero or low level taxes. 

Offshore company works similar to other incorporate entities. Their services and working methods are also same. The only factor that differentiates offshore company from other incorporate entities is a set of benefits from offshore companies. Some of its benefits and services are : 

Tax-haven : Offshore companies are opened in a tax haven jurisdiction. Such a jurisdiction charges zero level or low taxes on the income earned by these companies.

confidentiality : Offshore jurisdiction never disclose any information about beneficial owner , shareholder or director of the such a company. All operations of company are carried out by anonymous name. Beneficial owner may be provided with nominee director to ensure more security.

Asset-protection : It protects all assets of company owner including -- cash, securities, real estate and others. This enables the owner to retain control over their assets while retaining their privacy.

No annual reporting : Company need not to go for annual auditing or reporting of its accounts like other onshore incorporate entities.

Low operating costs : With limited reporting requirements, offshore companies generally have lower maintenance and operating fees. The cost of compliance, preparation of accounts and auditing in on-shore countries is often considerable while offshore companies save on these particular expenses.

Offshore - company formation :

The first thing to get your company formed is to select an offshore jurisdiction. This decision may be complex. Every offshore jurisdiction has its own set of laws and benefits. Few factors that are to be considered while selecting appropriate jurisdiction. Incorporation costs and other business fees play such an important role in the selection process.  Generally, a legal system with lower incorporation fees is selected.  Another important factor is popularity of jurisdiction. The most popular jurisdictions are often the ones that have the best combination of all criteria.  Processing times, including time to complete the company formation process and issue various corporate documents, are another important factor. A jurisdiction that facilitates healthy offshore banking services is also considered while selection process. After selecting right jurisdiction, next step is to order your company. For this, you have to  fill an order form and send it to the jurisdiction. After providing all required documents and information, a verification process takes place to ensure authenticity of owner. After receiving payment and verifying all documents, actually formation process takes place which is completed within time specified in order form. Along with company formation, offshore banking services are also provided to the owner in same jurisdiction. Once formation process is completed, owner can run their business from residence country through agents and nominee directors.

Act-offshore is the world's leading company known for offshore company and an other kind of offshore services. It facilitates online services and online banking for company formation and guarantee full customer supports to offshore company owners.

Offshore Bank Account – Benefits and opening procedure

Offshore banking is one that takes place in a country outside the residence country of offshore account holder. It is believed that opening a bank account in foreign country is unlawful. Criminals tries to save their black money and other financial assets in offshore bank account to avoid taxes or legal issues. It is true in some cases, but not for all offshore accounts. There are many other reasons why people get their saving accounts open in foreign countries. Initially, offshore banking was a term for mega-rich people. But today, every moderately rich wants to secure his property with offshore banks.

Benefits of offshore banking :

Confidentiality is the first priority for offshore banks. It provides full security and privacy to client's information.
Offshore banks accounts are mostly opened in offshore jurisdiction . Such tax-haven jurisdictions pay interests without charging any tax. For the persons with criminal intentions, this is an advantage.
Some offshore banks offer additional and more reliable banking services than a domestic bank such as anonymous bank accounts and  multi currency bank accounts
Offshore banking is an asset saving tool for clients who own some International Business Company.  offshore bank account is provided to owner of every offshore company.  All offshore bank provide popular credit and debit cards - making it easy to readily access your funds, no matter where in the world you are.
Offshore banking procedure  is different from domestic banking. The client needs not to physically present for opening an offshore account in any country. All the work is done online with communication between client and agents.
First,  clients choose the most suitable jurisdiction for his banking  requirements. What is the best offshore jurisdiction? This question does not has an particular answer. Choosing a financial center depends on many factors like economical and financial stability of jurisdiction, distance from residence country and ease of communication. Decision factors vary from client to client according to their financial needs.
After selecting the jurisdiction, next step is to choose an experienced and expert offshore provider. Offshore banks providers  have partners with offshore banks who assists clients in opening their bank account.
Next , think about type of bank account you need. Offshore banks offer different types of banks to accommodate varying needs of clients :
International bank account – It facilitates account holders a 24 hour access from anywhere in the world through cash cards, internet or even cell phone.
Multi currency account – This  is a single account  where an account holder can save money in any form of currency. Further, he can do transactions using any currency. These accounts are specifically designed for those who need transactions across many countries.
Offshore business bank account – People owning offshore business are provided with offshore bank account in combination with offshore incorporation. This account is used for protection of client's assets and for money transactions.
After choosing the account type, finally get your bank account opened. Depending on the selected jurisdiction, the provider and account type, client will be required to submit some documents for verification and deposit funds. Now client is ready to start with his banking services.

With incorporating offshore business for a client, Act offshore assist them in opening their offshore bank account with offshore company formation as well.Offshore banking is beneficial for the purpose of handling huge assets as well large amount of finance for wealthy people.

BVI Company: most beneficial international Business Company

IBC is acronym for international business company. IBC refers to a company running in some tax haven country outside the residence country of company's owner. Such jurisdiction has taxation system of either zero or low level. Thus , owning a company in such a country is always beneficial for  investors. IBC is also known as offshore company. An IBC can run any kind of business whether a corporation or limited company. The working and services of IBC is similar to any other onshore business. The only difference is that offshore IBC is originated to gain from financial and legal system of tax haven jurisdictions.

International business company can not engage his business in the country in the jurisdiction n which his company has incorporated. Forming an IBC company is also an easy task like going to local banks , making contacts with online offshore service providers, providing required documentary and get an offshore bank account opened for funds handling. Agents of offshore company providers totally supports clients in all these tasks. There are many offshore jurisdictions that allows IBC formation facilities to foreign investors. Every jurisdiction has its own set of laws and requirements for formation, direction and management of IBC. But benefits from all of them are same.

One of the world's leading and most popular IBC incorporation center  is British Virgin Island.
More than one million BVI companies have been incorporated with various businesses. There are few factors that makes the BVI an inviting incorporation center :

* Easy business incorporation- Incorporation of a BVI company is easily and accomplished within 3-5  days. Additionally, formation of international business company is more affordable as compared to other offshore jurisdictions. Incorporation in the BVI allows maximum flexibility in relation to the type of company that may be formed. A BVI incorporation may be a company limited by shares or by guarantee, an unlimited company
Flexibility

* It provides flexible international business services. BVI companies can engage in any legal business activity outside the BVI. An individual can role as a shareholder as well as director of the company Or  may have sole director and sole shareholder. If there is any need of meeting then is my held anywhere in the world wither by telephone or some electronic media.

* No annual reporting-A BVI business company does not require to file annual reports like financial statements, accounts or records.

* Jurisdiction transformation-A company  incorporated under some other another jurisdiction can be transferred to BVI Business company as per the laws of that jurisdiction. Similarly, a BVI offshore company may also change its domicile from BVI to some other jurisdiction.

* Privacy- BVI companies provides more privacy and confidentiality to BVI company owners. There is no public record of the identity of shareholders or directors. Only the memorandum or name of company and services of the company are made public.
Asset Protection

BVI companies are able to ensure maximum asset protection to all kind of assets like real estate property, shares, bonds  by transferring company's assets to some trust, foundation or sharing them with another company.

Actoffshore is the most popular offshore international business company provider that facilitates formation of BVI company in BVI offshore center. BVI is an oldest financial center enriched with benefits for investors that let them gain heavy revenues.

BVI Company – Tax neutrality offshore business formation

Offshore jurisdiction is a tax- haven center that offers investors to incorporate businesses in a country outside their residence country. Such an offshore jurisdiction has many beneficial means for business owners and one of them is relief from tax issues. BVI is one of the most popular and sought after offshore jurisdiction. The main factor behind its popularity  as offshore jurisdiction is lower tax liabilities as compared to other offshore jurisdiction. Till the time, more than 6000 companies have been incorporated under BVI. It has a stable financial and legal system. As an offshore jurisdiction, BVI is that famous that other offshore jurisdiction strive to follow its laws. BVI works according to common English language laws and company Act.

A BVI company can be engaged in any kind of international business and can trade with any country worldwide. It has same power like other onshore business entities. The only restriction is that it can neither engage in any kind of business nor it can own real estate property  in BVI country.  BVI offers shelf company or close corporation(cc). A shelf company is already registered with BVI jurisdiction but  never conducted any business until any client buy it. It is free from liabilities and duties incorporated for the purpose of being sold. A client can own a shelf company in place of incorporating a new company.

BVI also offers virtual office facility for BVI companies to provide ground to the business in BVI country. This facility includes full address for business correspondence, telephone and fax numbers, mail and fax forwarding service and customer - support service. All mail or fax correspondence addressed of the Company will be addressed  to client. Apart from the fixed annual service fee, handling costs and charges are applicable, depending in the method of forwarding chosen and the volume of correspondence. The address and fax numbers provided to a client company under this service will usually be shared between several client companies. Forwarding service will only be provided for correspondence that can be clearly identified as addressed to the Company.

Another offerings of BVI company includes :
Asset protection
Tax- neutrality
Client's confidentiality and privacy
Low incorporation fee
Low operating fee
No annual reporting
Provides offshore bank account

Opening an offshore company with BVI is fairly simple. Client selects the type of business and name for his company. The British Virgin Islands allows company name with the word International, Group, Holding, Industrial, Investment, colleges, associations, centers, Institute, limited etc. Along with this, client has to provide required documents and incorporation fee. The standard capital requirements for BVI company  is 50,000 USD. The company must have at least one shareholder and director. Same person can work as shareholder and director. In short, a person needs to submit required documents and provide nominee, shareholder and director for his company. He need not to visit BVI country and all the work is handled by agents hired by him.

After company formation, owner can operate his offshore business from anywhere. Setting up an offshore company in BVI jurisdiction is now easy with Act offshore company provider. BVI company offers full confidentiality and privacy to client's business. Further, it provides asset protection and tax relaxation to client.

Importance of Private banker and their expertise in Private banking

Private banking is personalized form of banking offered specially to high net worth individuals. High net worth individuals(HNWI) are the people owning a huge amount of wealth including financial amount as well as liquid assets. Their property is not maintainable by public or retail banks. So, for an appropriate wealth management , they go for private banks. This form of banking is attractive not only for HNWI , but also by moderately rich persons. Private banking is a term which refers to financial institutional banks which offer financial services to HNWI privately. It also refers to bank confidentiality and reliving clients from taxes liabilities.

Employees working in private banks are the most important part of banks. With Private banks, account holders develop a strong professional relationship with their Private Banker. These Private Bankers possess experience and expertise in diverse banking services like  retail banking, mortgage offerings and international transactions etc. Private banker first understands the need amount of wealth of his client. Then he derives the most suitable plan for his client's wealth management that caters all his needs. Private banker will arrange timely, confidential and convenient access to a full range of personal and commercial financial services to help client achieve short-term as well as long-term profits.

While managing your wealth with private banks,  following tips are very helpful :
Look for the best private bank :
There are many private banks in the world who offers banking services. Services of every bank varies from bank to bank. Choosing the most suitable services is little tricky. Research on internet about the bank that best accommodate client's financial needs.
Ensuring the quality of private banker :
Before Opening a private bank account, ensure that its employees are qualified and experienced. The banker must have expertise for the various banking issues like wealth management and banking. Qualification demanded by post of private banker includes Certified Financial Planner, Certified Public Accountant and Chartered Financial Analyst. The right private bank train their employees about latest banking techniques and encourage them to work in the way to grow client's best opportunities.

Consider the size of the bank
Large private banks are more equipped as compared to small private banks. Large banks provide additional services over public banks as well as other small level banks . Their additional services includes secure e-banking systems, investment seminars , multi-currency account handling, international transaction, cash cards and share management.

One benefit that private bankers can provide  is the ability to transfer funds from one account to another on the telephone, without physically appearing  into the bank and sign anything. If client faces some tax issues , they can contact their bankers that will be able to help out their problem and derive some effective tax strategy for client. A private banker knows that his clients are HNWI people. So they look out for benefits of other clients also and suggest effective approaches to their clients to invest their assets and finance. Some of the world's top private banks include Swiss bank, Hong kong bank for private banking.

 Act offshore works with world's most prestigious banks including Swiss banks, Luxembourg bank, Hong Kong private banking and Cyprus private bank. These banks understand the needs of clients and provide services like company formation and much more in the most effective way.

BVI Company – Tax neutrality offshore business formation

Offshore jurisdiction is a tax- haven center that offers investors to incorporate businesses in a country outside their residence country. Such an offshore jurisdiction has many beneficial means for business owners and one of them is relief from tax issues. BVI is one of the most popular and sought after offshore jurisdiction. The main factor behind its popularity  as offshore jurisdiction is lower tax liabilities as compared to other offshore jurisdiction. Till the time, more than 6000 companies have been incorporated under BVI. It has a stable financial and legal system. As an offshore jurisdiction, BVI is that famous that other offshore jurisdiction strive to follow its laws. BVI works according to common English language laws and company Act.

A BVI company can be engaged in any kind of international business and can trade with any country worldwide. It has same power like other onshore business entities. The only restriction is that it can neither engage in any kind of business nor it can own real estate property  in BVI country.  BVI offers shelf company or close corporation(cc). A shelf company is already registered with BVI jurisdiction but  never conducted any business until any client buy it. It is free from liabilities and duties incorporated for the purpose of being sold. A client can own a shelf company in place of incorporating a new company.

BVI also offers virtual office facility for BVI companies to provide ground to the business in BVI country. This facility includes full address for business correspondence, telephone and fax numbers, mail and fax forwarding service and customer - support service. All mail or fax correspondence addressed of the Company will be addressed  to client. Apart from the fixed annual service fee, handling costs and charges are applicable, depending in the method of forwarding chosen and the volume of correspondence. The address and fax numbers provided to a client company under this service will usually be shared between several client companies. Forwarding service will only be provided for correspondence that can be clearly identified as addressed to the Company.

Another offerings of BVI company includes :
Asset protection
Tax- neutrality
Client's confidentiality and privacy
Low incorporation fee
Low operating fee
No annual reporting
Provides offshore bank account

Opening an offshore company with BVI is fairly simple. Client selects the type of business and name for his company. The British Virgin Islands allows company name with the word International, Group, Holding, Industrial, Investment, colleges, associations, centers, Institute, limited etc. Along with this, client has to provide required documents and incorporation fee. The standard capital requirements for BVI company  is 50,000 USD. The company must have at least one shareholder and director. Same person can work as shareholder and director. In short, a person needs to submit required documents and provide nominee, shareholder and director for his company. He need not to visit BVI country and all the work is handled by agents hired by him. After company formation, owner can operate his offshore business from anywhere.

Setting up an offshore company in BVI jurisdiction is now easy with Act offshore company provider. BVI company offers full confidentiality and privacy to client's business. Further, it provides asset protection and tax relaxation to client.

Benefits of opening offshore bank account with private banking

There is two types of banking : public and private banks. Public banks, also called retail banks, provide services to every type of customers and fulfill their banking needs. Whereas, the former is a personalized form of banking that establishes a secure and more confidential relationship between  clients and private banker. Working and services of both a retail bank and private bank are same. The only difference is that private banks provide highly reliable services to high net-worth individuals. Such individuals own liquid assets like precious metals, real estate property and company shares,  over a certain figure. Their wealth is not manageable by retail banks, so they go for private banking.

The relationship between banker and private bank account holder works on one to one basis. Wealthy individuals with private accounts can meet their banker personally and have direct phone contact with him. A bank can own both a retail as well as private banking separately.

Private form of banking in some offshore  jurisdiction plays a great role for benefits of high net-worth investors. The term ‘offshore’ originated from the Channel Islands being offshore from the United Kingdom. While many offshore banks are located on islands, but this is not compulsory. Today, the term is used to represent every bank  located outside of a home country.

 Such offshore banks are located in some foreign jurisdiction that offers banking services at low taxes. Wealthy investors have been using offshore banking service since many years. The banks offering offshore accounts to foreigners are well established and offer online banking options, credit or debit cards and business by fax or phone.

>> Benefits of offshore bank account :

* Asset protection . offshore private banking provides full protection to all assets as well as cash of the offshore account holder. Thus placing your assets in some offshore jurisdiction out of home country is a secure steps towards asset protection.

* Choosing the nominee. Offshore banking allows account holder to choose nominee account holder after  the offshore account holder.

* Simplicity .One of the best aspect of offshore banking is getting an offshore account opened is a straightforward process. Offshore service provider agents helps people open their bank accounts without any need for them to actually visit that offshore company.

* Owner's privacy. Utilizing an offshore bank service to protect a rich amount of assets, bank transactions and/or personal financial investments provides additional privacy and anonymity.
Offshore banking ensures your accounts are kept strictly private. The confidentiality of all operations conducted through the account is protected by legislation.

Offshore bank accounts are considered illegal , used only by criminals. But today, most of the offshore banks have stricter laws than the onshore banks. Depending on a personal account holder's personal circumstances it's possible to reduce tax liability, increase prosperity prospective and increase comfort with the use of an offshore bank account. The most important reason for opening an offshore banking account is to gain from financial and legal system of tax haven jurisdictions. Investors gain heavily from the offshore banks due to their lower taxation policy over traditional banking. Another advantage thing about it is that a person can open more than one bank account in different offshore jurisdictions.

Act-offshore is world's leading offshore company that provides offshore services like private banking,BVI company, offshore bank account and many more in world's best jurisdiction.

Benefits of offshore company and steps for company formation

Basic meaning of the term offshore is “far from shore”. But in terms of business world, it means quite different. An offshore company refers to management, direction and operation of a company in foreign jurisdiction. Such a company runs outside the residence country of beneficial owner of company. The basic purpose of owing a company in outside country is to take benefits from financial and legal system of a foreign jurisdiction. Such a jurisdiction is called tax-haven since they charge zero or low level taxes. 

Offshore company works similar to other incorporate entities. Their services and working methods are also same. The only factor that differentiates offshore company from other incorporate entities is a set of benefits from offshore companies. Some of its benefits and services are : 

Tax-haven : Offshore companies are opened in a tax haven jurisdiction. Such a jurisdiction charges zero level or low taxes on the income earned by these companies.

confidentiality : Offshore jurisdiction never disclose any information about beneficial owner , shareholder or director of the such a company. All operations of company are carried out by anonymous name. Beneficial owner may be provided with nominee director to ensure more security.

Asset-protection : It protects all assets of company owner including -- cash, securities, real estate and others. This enables the owner to retain control over their assets while retaining their privacy.

No annual reporting : Company need not to go for annual auditing or reporting of its accounts like other onshore incorporate entities.

Low operating costs : With limited reporting requirements, offshore companies generally have lower maintenance and operating fees. The cost of compliance, preparation of accounts and auditing in on-shore countries is often considerable while offshore companies save on these particular expenses.

Offshore - company formation :

The first thing to get your company formed is to select an offshore jurisdiction. This decision may be complex. Every offshore jurisdiction has its own set of laws and benefits. Few factors that are to be considered while selecting appropriate jurisdiction. Incorporation costs and other business fees play such an important role in the selection process.  Generally, a legal system with lower incorporation fees is selected.  Another important factor is popularity of jurisdiction. The most popular jurisdictions are often the ones that have the best combination of all criteria.  Processing times, including time to complete the company formation process and issue various corporate documents, are another important factor. A jurisdiction that facilitates healthy offshore banking services is also considered while selection process. After selecting right jurisdiction, next step is to order your company. For this, you have to  fill an order form and send it to the jurisdiction. After providing all required documents and information, a verification process takes place to ensure authenticity of owner. After receiving payment and verifying all documents, actually formation process takes place which is completed within time specified in order form. Along with company formation, offshore banking services are also provided to the owner in same jurisdiction. Once formation process is completed, owner can run their business from residence country through agents and nominee directors.

 Act-offshore is the world's leading company known for offshore company and an other kind of offshore services. It facilitates online services and online banking for company formation and guarantee full customer supports to offshore company owners.

BVI Company: most beneficial international Business Company

IBC is acronym for international business company. IBC refers to a company running in some tax haven country outside the residence country of company's owner. Such jurisdiction has taxation system of either zero or low level. Thus , owning a company in such a country is always beneficial for  investors. IBC is also known as offshore company. An IBC can run any kind of business whether a corporation or limited company. The working and services of IBC is similar to any other onshore business. The only difference is that offshore IBC is originated to gain from financial and legal system of tax haven jurisdictions.

International business company can not engage his business in the country in the jurisdiction n which his company has incorporated. Forming an IBC company is also an easy task like going to local banks , making contacts with online offshore service providers, providing required documentary and get an offshore bank account opened for funds handling. Agents of offshore company providers totally supports clients in all these tasks. There are many offshore jurisdictions that allows IBC formation facilities to foreign investors. Every jurisdiction has its own set of laws and requirements for formation, direction and management of IBC. But benefits from all of them are same.

One of the world's leading and most popular IBC incorporation center  is British Virgin Island.
More than one million BVI companies have been incorporated with various businesses. There are few factors that makes the BVI an inviting incorporation center :

* Easy business incorporation- Incorporation of a BVI company is easily and accomplished within 3-5  days. Additionally, formation of international business company is more affordable as compared to other offshore jurisdictions. Incorporation in the BVI allows maximum flexibility in relation to the type of company that may be formed. A BVI incorporation may be a company limited by shares or by guarantee, an unlimited company
Flexibility

* It provides flexible international business services. BVI companies can engage in any legal business activity outside the BVI. An individual can role as a shareholder as well as director of the company Or  may have sole director and sole shareholder. If there is any need of meeting then is my held anywhere in the world wither by telephone or some electronic media.

* No annual reporting-A BVI business company does not require to file annual reports like financial statements, accounts or records.

* Jurisdiction transformation-A company  incorporated under some other another jurisdiction can be transferred to BVI Business company as per the laws of that jurisdiction. Similarly, a BVI offshore company may also change its domicile from BVI to some other jurisdiction.

* Privacy- BVI companies provides more privacy and confidentiality to BVI company owners. There is no public record of the identity of shareholders or directors. Only the memorandum or name of company and services of the company are made public.
Asset Protection

BVI companies are able to ensure maximum asset protection to all kind of assets like real estate property, shares, bonds  by transferring company's assets to some trust, foundation or sharing them with another company.

Actoffshore is the most popular offshore international business company provider that facilitates formation of BVI company in BVI offshore center. BVI is an oldest financial center enriched with benefits for investors that let them gain heavy revenues.

Company Formation Steps For An Offshore Company

Offshore company is a company that runs under a jurisdiction outside the residence jurisdiction of  its beneficial owner. All activities, formation, management and direction takes place in foreign jurisdiction. Purpose of owning such a company is to take advantage of legal, financial and taxation system of an offshore jurisdiction. Like all other incorporation businesses, offshore business can sell any products , can own any offshore bank account and can place any deal across international market. Owner's home jurisdiction have no concern with his offshore business. Owner need not to pay any tax or fee in  his home jurisdiction.

Getting an offshore company involves following steps :

select the most suitable jurisdiction

There are many tax-haven  jurisdiction that facilitates company formation. Selecting the most suitable jurisdiction is tricky. Every jurisdiction has its own set of laws and benefits. For this, one can take services of offshore service providers. These providers are registered with some offshore jurisdiction and assist people in their incorporate formation. The service provider has to be chosen carefully to avoid any fraud. This selection must be made based on experience, knowledge and trust of the service provider. With help of these agents, choose the jurisdiction which best suits owner's needs by check complete law pursuit of chosen jurisdiction.

Fill order form

After selecting a suitable jurisdiction, fill in the order form. In this form owner has to provide his basic details like name, contact details, address and other required information. Every jurisdiction has its own set of required information. Owner has to select a unique name for his company. If the chosen name is not acceptable then jurisdiction suggest some other names and owner can select one from them.

Documentation

Jurisdiction asks the owner for some documentation. This documentary process is necessary for authorization purpose to verify details provided in the order form by customer. This document set generally includes passport copy, address proof, identity proof, a reference letter from banker saying that his bank account is in flourishing and affordable position, identity proof of all shareholders and directors. In addition, few page description of type of business that an owner wants to run.

Fund exchange

Total company formation fees will depend on the jurisdiction  chosen and the additional services selected for  offshore corporation. This payment can be made by bank transfer, credit card, cheque or with cash in at offices.

Working and services of offshore entity and other incorporate entities are same . But an offshore company is always set up to reduce tax burden mainly. Benefits and Services of offshore business includes asset protection, low liabilities, tax relaxation and low operating cost. Owner's asset can include anything like real estate property and cash. Once company formation is completed, owner can run it sitting in his residence country. For more business growth , he can invest more fund and enjoy amazing growth in his empire. For more support, owner can have some nominee directors and shareholders in his company jurisdiction that works on his behalf.

Act-offshore is the world's leading offshore company which provides guaranteed services to customers and assist them in company formation. Customers enjoy their online services and maintain companies using its online support.

Benefits of offshore company and steps for company formation

Basic meaning of the term offshore is “far from shore”. But in terms of business world, it means quite different. An offshore company refers to management, direction and operation of a company in foreign jurisdiction. Such a company runs outside the residence country of beneficial owner of company. The basic purpose of owing a company in outside country is to take benefits from financial and legal system of a foreign jurisdiction. Such a jurisdiction is called tax-haven since they charge zero or low level taxes. 

Offshore company works similar to other incorporate entities. Their services and working methods are also same. The only factor that differentiates offshore company from other incorporate entities is a set of benefits from offshore companies. Some of its benefits and services are : 

Tax-haven : Offshore companies are opened in a tax haven jurisdiction. Such a jurisdiction charges zero level or low taxes on the income earned by these companies.

confidentiality : Offshore jurisdiction never disclose any information about beneficial owner , shareholder or director of the such a company. All operations of company are carried out by anonymous name. Beneficial owner may be provided with nominee director to ensure more security.

Asset-protection : It protects all assets of company owner including -- cash, securities, real estate and others. This enables the owner to retain control over their assets while retaining their privacy.

No annual reporting : Company need not to go for annual auditing or reporting of its accounts like other onshore incorporate entities.

Low operating costs : With limited reporting requirements, offshore companies generally have lower maintenance and operating fees. The cost of compliance, preparation of accounts and auditing in on-shore countries is often considerable while offshore companies save on these particular expenses.

Offshore - company formation :

The first thing to get your company formed is to select an offshore jurisdiction. This decision may be complex. Every offshore jurisdiction has its own set of laws and benefits. Few factors that are to be considered while selecting appropriate jurisdiction. Incorporation costs and other business fees play such an important role in the selection process.  Generally, a legal system with lower incorporation fees is selected.  Another important factor is popularity of jurisdiction. The most popular jurisdictions are often the ones that have the best combination of all criteria.  Processing times, including time to complete the company formation process and issue various corporate documents, are another important factor. A jurisdiction that facilitates healthy offshore banking services is also considered while selection process. After selecting right jurisdiction, next step is to order your company. For this, you have to  fill an order form and send it to the jurisdiction. After providing all required documents and information, a verification process takes place to ensure authenticity of owner. After receiving payment and verifying all documents, actually formation process takes place which is completed within time specified in order form. Along with company formation, offshore banking services are also provided to the owner in same jurisdiction. Once formation process is completed, owner can run their business from residence country through agents and nominee directors.

Act-offshore is the world's leading company known for offshore company and an other kind of offshore services. It facilitates online services and online banking for company formation and guarantee full customer supports to offshore company owners.

Benefits of opening offshore bank account with private banking

There is two types of banking : public and private banks. Public banks, also called retail banks, provide services to every type of customers and fulfill their banking needs. Whereas, the former is a personalized form of banking that establishes a secure and more confidential relationship between  clients and private banker. Working and services of both a retail bank and private bank are same. The only difference is that private banks provide highly reliable services to high net-worth individuals. Such individuals own liquid assets like precious metals, real estate property and company shares,  over a certain figure. Their wealth is not manageable by retail banks, so they go for private banking.

The relationship between banker and private bank account holder works on one to one basis. Wealthy individuals with private accounts can meet their banker personally and have direct phone contact with him. A bank can own both a retail as well as private banking separately.

Private form of banking in some offshore  jurisdiction plays a great role for benefits of high net-worth investors. The term ‘offshore’ originated from the Channel Islands being offshore from the United Kingdom. While many offshore banks are located on islands, but this is not compulsory. Today, the term is used to represent every bank  located outside of a home country.

 Such offshore banks are located in some foreign jurisdiction that offers banking services at low taxes. Wealthy investors have been using offshore banking service since many years. The banks offering offshore accounts to foreigners are well established and offer online banking options, credit or debit cards and business by fax or phone.

>> Benefits of offshore bank account :

* Asset protection . offshore private banking provides full protection to all assets as well as cash of the offshore account holder. Thus placing your assets in some offshore jurisdiction out of home country is a secure steps towards asset protection.

* Choosing the nominee. Offshore banking allows account holder to choose nominee account holder after  the offshore account holder.

* Simplicity .One of the best aspect of offshore banking is getting an offshore account opened is a straightforward process. Offshore service provider agents helps people open their bank accounts without any need for them to actually visit that offshore company.

* Owner's privacy. Utilizing an offshore bank service to protect a rich amount of assets, bank transactions and/or personal financial investments provides additional privacy and anonymity.
Offshore banking ensures your accounts are kept strictly private. The confidentiality of all operations conducted through the account is protected by legislation.

Offshore bank accounts are considered illegal , used only by criminals. But today, most of the offshore banks have stricter laws than the onshore banks. Depending on a personal account holder's personal circumstances it's possible to reduce tax liability, increase prosperity prospective and increase comfort with the use of an offshore bank account. The most important reason for opening an offshore banking account is to gain from financial and legal system of tax haven jurisdictions. Investors gain heavily from the offshore banks due to their lower taxation policy over traditional banking. Another advantage thing about it is that a person can open more than one bank account in different offshore jurisdictions.

Act-offshore is world's leading offshore company that provides offshore services like private banking,BVI company, offshore bank account and many more in world's best jurisdiction.

BVI company Formation

Some people misinterpret the term offshore as “tax heaven” . But its not true. Offshore generally means “far from  shore”. In terms of company formation,it means formation of company away from  home jurisdiction. A person may want his company formation in another jurisdiction to take benefits from their jurisdiction. A well structured offshore company formation plan is simple and provides financial privacy  for business.

Act-offshore is an offshore incorporation services firm located in British Virgin Islands. we provide clients with services that maximize business profits and revenues with full financial  protection. For an offshore  company formation, client has to get registered with BVI company. BVI (British Virgin Islands ) is an oldest internationally recognized offshore center. BVI has an independent and healthy  leagl system while maintaining common laws of British territory. Many other offshore jurisdictions based themselves on the BVI laws before developing their own corporate laws.

>> Company formation steps:

* Registration: client can register by either filling online registration form or  download it and fax it. For shell companies, you use same form.

* Verification: On receiving your order form, we will contact with client and confirm all information provided by client. Provide accurate contact detail, Otherwise, company formation process to be hanged.

* Documentation:  As required by  law, we will ask client for some documents like  passport or identity card, proof of address etc. Client's information is kept confidential. it is not disclosed in public.

* Payment receipt:  client needs to send payment receipt along with documents.

* Document set: we will prepare set of  your corporate documents which includes the standard logical sequence of

* documentation: original Certificate of Incorporation, Memorandum of Association, Articles of Association,  appointment of Directors and the allocation of shares, share certificates, copies of the Registrar of Directors and the Registrar of Shareholders. Your documents are signed by agents on your behalf.

BVI company is the International Business Company (IBC). IBC’s are very popular and well known for their flexibility and tax free services.

>> Services /features of BVI company :

* It provide services for business,E-commerce,Consultants,International business,holding movable or non-movable properties,Stockbroker.

* BVI  is regulated under the Business Companies Act 2004.

* BVI offers  high level of Confidentiality. No officer name is disclosed to the registrar during company registration.

* No annual auditing and accounting is needed.

* Their standard currency is USD(US$).

* BVI has a fast and efficient Registration process .it take only  1-2 days to finalize registration.

* Efficient communication medium

* no secretary is required for BVI companies.

* BVI requires Minimum of 1 Director and Shareholder.

* Minimum documentation requirement. A certified copy of your passport (or identity card), and proof of domicile dated less than 3 months are required only.

* To make a document legally acceptable abroad,  second-level certification of public documents is done. This is called Apostille legalisation.

We have many offices and branches in many countries. So,we provide services directly without any intermediary. Using our extensive network of professional contacts, we are able to provide qualitative and competitively-priced offshore company formation solutions.

Act-Offshore provides offshore Company Formation, asset protection trusts BVI Company,International Business Company, offshore companies and structures; company management and secretarial services; international trusts and foundation management;offshore banking accounts and technical support services for the international investor.

Offshore Bank Account For International Business Company

Offshore company formation means formation of an international business company for any business. so client's financial safety at international level is vital part of our services. For this, we provide offers offshore banking ,also known as private banking. we have secure relationships with world's safest offshore banks that provide safest ,reliable and stable services to our clients.

After company formation, an offshore bank account is opened for the company, in an offshore bank that comes under jurisdiction chosen by client. offshore banking is quite different and advantageous over retail banking. Offshore banking means owning a bank account by a company or individual in a bank that is located outside their home country. The term “offshore banking” undoubtedly suggests that these banks are located on islands. But many of them are located onshore also such as Luxembourg and Switzerland.

Process for opening an offshore bank account for an international business company is fairly simple. Although, Some activities like choosing currency for funds and withdrawal of funds may be complex, but offshore banks provide easy alternatives for this.

4 easy steps of banking process:

Provide your personal information. Banks will verify this information by means of some legal documents like passport, driving license or identity card. For authenticity of these documents, demanded by offshore banks, you may need to visit some  government office for apostilles stamp which is an internationally accepted certification mark.
To verify source of your  investment, offshore bank may ask for information about your investments and  some additional documents . Offshore banks  have to go through a set of many legal activities because they are under pressure not to do anything, considered illegal, at any cost.

Choose currency ,which you want for funds in  bank account. This is very advantageous option, in case your domestic currency is unstable. But this is not true always. It may cause  heavy expanses for exchanging currencies to make deposits and withdrawal. So it is less recommended to choose currency of country other than jurisdictions chosen.
Finally, Offshore bank accounts are mostly funded  through international wire transfers which is a paid service. Pricing varies from bank to bank. Offshore banks uses some alternatives to this. They allow using cash cards issued or  checks. But checks on foreign accounts are not always accepted. The best option is to use two accounts: one offshore and one domestic. With this option, large offshore funds will be transferred to  domestic bank account using electronic wire transfers. Now, you can access domestic bank accounts using local banking services.

Act-offshore provider facilitates services of world's most prestigious banks : swiss banking, Luxembourg banking, Cyprus banking and Hong-Kong banking. These banks provide total assistance to the client with services : asset protection,low/zero level taxation, Internet banking,financial privacy,free maintenance service,cash card services for deposits and withdrawals of funds and lot more superior services. Act-offshore has secure relationship with bank partners working with these banks since many years.

Act-Offshore provides world's most secure offshore services like Offshore Bank Account,Cheap International ATM cards,company formation,International Business Company,Private Banking etc.

Role of Private Banking For Offshore Company

Normally, a company refers to an entity engaged in some business like partnership,corporation and consultancy. Whereas, offshore means outside  the nation jurisdiction. So, offshore company means a company running under a jurisdiction outside one's own jurisdiction. For example, for an Australian citizen,BVI is offshore jurisdiction . An offshore company offers greater financial privacy by means of private banking/offshore banking. Private banking provides secure techniques and more attention to high net worth individuals who have  huge amount of liquid assets as compared to an average person. such individual's account are not maintainable by retail banks easily. Here private banking comes into picture. They are private in the sense that they never disclose client's account publicly except in case of some serious legal issue.

>> Services/benefits of private banking:

* zero/low-level tax services
* asset-protection
* financial privacy
* Internet banking
* inexpensive International ATM cards
* free account maintenance service
* unlimited deposits and withdrawals

Learn more about how offshore company incorporation can help with your protection needs by calling act-offshore.com . We form thousands of offshore companies every year, helping thousands of investors with their protection and privacy needs with  services of some offshore and onshore banks:

Swiss bank account : Swiss private bank accounts have few superior features that makes a corporation  to choose their services. Swiss private banking is world's the most prestigious banking. They allow people to open private bank account only with $300,000 USD to deposit. Swiss private bank accounts ensure excellent growth in business and personal revenue for longterms.

Cyprus bank account : Cyprus  has the lowest tax rates out of the 25 European Union member states, making it an incredible offshore center. Cyprus is not considered the perfect location for everyone, as it has signed up to meet the exacting requirements of the EU Savings Tax Directive. However, Cyprus offshore is still very appealing, having over 17,000 offshore companies in Cyprus. The Cyprus banking and legal system are  are well regulated.

Hong Kong bank account : Hong Kong offshore banking is popular due to Hong Kong’s excellent reputation as a financial  center. they are able to open a Hong Kong corporate bank account quickly and easily. The initial deposit for a Hong Kong corporate bank account is US$2,000

Luxembourg bank account :An offshore savings bank in Luxembourg  is quite easy to open, once required documents are available. Initial deposit to open a Luxembourg private bank account is  just 150,000 Euro.Act-offshore has healthy relationship with  partners of these banks  which assists our clients to open an offshore account easily and quickly. The documents needed by banks are : completed registration form, address proof like passport/identity card, proof of source of investment/funds, summarized business plans of  client. Banks may demand additional documents for verification and authorization purposes. Thus, Creating an IBC, is now an easy step process.

Act-Offshore provides world's most secure offshore services like Offshore Bank Account,Cheap International ATM cards,Offshore Company Formation, International Business Company,Private Banking etc.

BVI Company -Tax Neutrality

British Virgin Islands (BVI) is one of the oldest and most respected offshore financial centers in the world. BVI is widely considered as a benchmark, which the other offshore tax havens strive to emulate.It is experiencing a boom in joint venture work, both reflecting the increased globalisation of the world and the fact that the British Virgin Islands is the
ideal jurisdiction to structure a cross border joint venture company.

British Virgin Islands business company is a particularly efficient and useful vehicle to set up joint venture companies which must be neutral and acceptable to persons from different jurisdictions.It has an independent legal and judicial system based on English Common Law. The BVI financial services industry enjoys the advantages of having responsibility for its internal self-government, while maintaining the political and economic stability associated with being a British Overseas Territory.The form of offshore company in BVI is the International Business Company (IBC). IBC’s are very popular and well known for their flexibility and tax free status.

Advantages of the British Virgin Islands:-

 * Tax Neutrality

 * Regulatory Neutrality

 * Modern Corporate Law Legislation

 * Joint Venture Provisions

 * Judicial Committee of the Privy Council (JCPC)

 * Reputation of the Jurisdiction

 * Largest Incorporation Jurisdiction in the world

Offshore jurisdictions have much advantageous different legal systems for those seeking asset protection and financial privacy. The money saved by keeping your finances away from prying eyes, thus, preventing lawsuits, safeguarding your assets from litigation and the increased financial privacy are some of the many reasons for going offshore.

An offshore company is a flexible business instrument and as such can be integrated into a wide variety of tax planning and asset protection arrangements. Reduced or deferred tax liability and increased confidentiality are just two of the benefits which can be achieved by proper application of an offshore company. The practical implementation of an offshore strategy will of course depend on the anti-avoidance laws that may be in force in the country where the beneficial owner is citizen, is domiciled or does business. Therefore to all potential customers we recommend to obtain a qualified tax advice from a specialist in Your country of residence, domicile or proposed business operations.

Act-Offshore can provides such kind of benefits. Act-Offshore Worldwide establishes and administers secure and efficient corporate and trust structures for expatriates, businesses, entrepreneurs, private individuals and families. Act-offshore.com is market leader in setup of offshore companies at best prices without intermediaries.

Act-Offshore Services:-

 * Offshore Company Formation
 * Offshore Bank Account
 * Company Management
 * Anonymous Creditcard
 * European Company with VEAT
 * Asset Protection



Act-offshore.com is a professional offshore incorporation services firm provides services like Company Formation, BVI Company, Offshore Bank Account,Private Banking, International Business Company etc. We are located in the British Virgin Islands and we specialize in BVI Business Companies – probably the worlds’ most popular type of offshore company.

Bvi Company -Ideal for global business

The particular English Virgin Destinations really are a party for you to a couple increase taxation treaties, together with Okazaki, japan as well as Europe, that the united kingdom moved into straight into decades back. Most of these treaties had been extended to cover this English Virgin Destinations, although the Terrain won't have the taxes treaty together with the united kingdom themselves. The particular treaties them selves tend to be little employed. You will discover no strategies for you to discuss almost any new taxes treaties.

The particular BVI Busniess Organizations Act, 2004 (as amended) (the “Act”) delivers that will, susceptible to almost any show alterations or even constraints supplied intended for from the company’s Memorandum as well as Articles or blog posts regarding Organization, the business as well as extramarital affairs from the business tend to be handled through, or even within the path or even watch regarding, this directors. Intended for these types of reasons, this directors include each of the power necessary for coping with, as well as intended for guiding as well as supervising, the business as well as extramarital affairs from the business. Considerably, except for amendments that will adjust privileges regarding shareholders and other is important that could be specified therein, directors contain the capacity to amend this Company’s Memorandum as well as Articles or blog posts regarding Organization without having more shareholder sanction.

The partnership will be the co-operation regarding a couple of organizations, where every single entity concurs to share common earnings as well as decline within a distinct activity. The partnership is a possible momentary replacement for business registration being a collaboration, without having legally combining. It truly is clear to see precisely why the partnership can be an interesting prospect, while the two celebrations mutually gain benefit additional knowledge as well as belongings from the various other business. Substantial businesses use combined ventures while a chance to diversify his or her business. Sony Ericsson is usually a well-known illustration of a partnership business.

You will discover a couple important attributes of introducing your current partnership being a new business development. First of all, this company’s history is actually clear, there are no black secrets regarding its beyond which could result when your online business endeavor, one example is unidentified financial obligations or even bad debts. Second of all, this structure from the gives you could be very easily setup in order that it catches the eye of the needs from the companies involved in this partnership.


IBC is usually a private business which can be exempt by taxes, ideal for every global business activity, has a adaptable organizational structure, just isn't mired through too much reporting as well as record-keeping demands, as well as sustains rigid confidentiality conventions.

BVI BC's really are a very popular as well as widespread just offshore companies because of the administrative simplicity, mobility, taxation exempt reputation as well as the belief that they are extensively recognized as well as grasped from the global personal community. The particular BVIBC Act provides abolished the idea of authorised discuss funds as well as swapped out this which has a highest variety of gives you how the business is actually eligible for concern. It's likewise taken out the necessity that a dividend could merely always be reported as well as released regarding 'surplus', leaving behind in position this pre-existing solvency examination prerequisite, and it has improved this privileges regarding community shareholders.

At this point company formation is fairly effortless. Not merely in relation to sourcing, also you can consider various other advantages of act-offshore including BVI Company, Overseas Business Firm, Just offshore Bank-account, Private Banking plus much more.

Offshore Company Registeration -How to start..

During the corporation registration method, you might ponder regardless of whether your organization requires a corporation close. Any management and business close is the standard personal of any company – the idea implies that this file where it can be attached is usually legally holding.

>> Starting a whole new corporation : To start a corporation, you will have to contain the pursuing data all set:

* Business Brand as well as Address
* Official Details (Director as well as Secretary)
* Talk about Investment capital as well as Shareholder Details
* Payment


* Management and business name-In case you add on the web, the incorporation program you simply purchase will certainly typically consist of this specific. Remember that nys keeps closing approval rights to ensure that a new name seriously isn't already being used or even "deceptively similar" to at least one being used.

* Organization purpose- That clarifies precisely what your organization is usually integrated to try and do or even produce. You can find two forms of company goal clauses: :
General- suggesting that this corporation is usually created to interact with within “all lawful company. ”
Specific- Some says have to have a a lot more comprehensive reason from the solutions and/or solutions your organization can provide.

* Listed agent- Practically all says demand companies to have a signed up real estate agent inside the state associated with incorporation. Several businesses make use of a signed up real estate agent company to ensure significant docs are usually professionally as well as subtly handled as well as because of the additional compliance solutions they offer.

* Incorporator- This is actually the person or even corporation getting ready as well as declaring the Certificates associated with Incorporation using the state. The majority of says demand the incorporator’s name, personal as well as handle for being integrated. In case you add on the web, the incorporator will be a agent from the incorporation company.

* Number of authorized stocks associated with stock-While you consider what number of stocks to authorize, keep in mind that a new company does not need to concern the entire number of authorized stocks. Some maintain unissued stocks as a way to create managers later on or even enhance the possession percent for any current shareholder.

* Talk about par value- The par price of any share is usually it is minimum stated price, as well as typically doesn’t correlate for the genuine price.Regarding exclusive businesses, the particular price is normally driven by the company price or even publication price.

* Chosen shares- If the company strategies to authorize both widespread as well as recommended stocks associated with stock options, this specific has to be integrated (along having voting rights information) inside the Content articles associated with Incorporation. Chosen stocks typically allow shareholders preferential installments associated with returns or even submitting associated with property, when the corporation stops procedures.

* Directors- Several says demand the bands as well as address from the corporation’s initial company directors within incorporation docs. Owners have the effect of managing the corporation’s extramarital affairs, as well as key management and business decisions. There're chosen by simply shareholders as well as in charge of appointing officers.

* Representatives. Officers—such seeing that chief executive, vice chief executive, assistant as well as treasurer—are in charge of the corporation’s day-to-day actions. Though inclusion associated with officer data is usually optional in numerous says, many want it.

* Legal handle from the company- Giving the legitimate or even main company handle is usually optional in numerous says, but some want it.

Now company formation is quite easy. Not only about formation,you can also take other benefits from act-offshore like BVI Company,International Business Company,Offshore Bank Account,Private Banking and much more.