NetIncorp

NetIncorp.com Corporation
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Offshore Company (Specialist in Tax- Exempt BVI Companies)

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Why Incorporate Offshore?

By utilizing a BVI company, it may be possible to secure a number of advantages. A few of these advantages are listed below.

British Virgin Islands (BVI) Companies have tax-exempt status.

Privacy. Non-Disclosure of Directors, Shareholders, and Beneficial Owners details to the public.

No restrictions concerning ownership of shares.

Shares may be issued to a person or corporation.

No exchange controls.

Freedom of capital movement.

No requirements to file annual Financial Statements.

The accounting books for the corporation could be kept in any part of the world.

No requirements to disclose ownership to the public.

No residence requirements for Directors/Officers/Shareholders.

There is no requirement to hold annual meetings of directors or shareholders.

Directors and shareholders resolutions may be passed by telephone meeting, other electronic means or by circulating written resolutions (including facsimile copies) for signing. Meetings need not be held in the BVI.

Bank accounts may be opened anywhere in the world.

A minimum of one shareholder is required. No details of the shareholders appear on the public file but a register of shareholders must be kept at the registered office address of the company in the BVI.

A minimum of one director is required and corporate directors are permitted. Details of the directors do not appear on the public file. A register of directors must be kept at the registered office address of the company in the BVI.

A company may finance or repurchase its own shares out of surplus. Repurchased shares may be cancelled.

Amendments can be made to the incorporation documents upon the needs of the corporation, Before or After the incorporation of the company.

Offshore corporations may be used to own and operate businesses, act as a holding company, buy real estate, issue shares, bonds or otherwise raise capital, guarantee obligations, hire employees, buy goods and services, sell goods and services, make contracts, rent office space, maintain checking and saving accounts, and maintain retirement plans for employees.

Persons wishing to utilize an offshore company need to ensure that they comply with applicable onshore laws (according to their nationality, residence, Etc) and should obtain professional tax advice if necessary.

WHO CAN MAKE USE OF OFFSHORE COMPANIES?

1) Wealthy individuals, for asset protection and the avoidance of inheritance and other taxes.

2) Any individual selling his/her services outside the jurisdiction of his domicile or residence.

3) All kinds of consultants and professional people, performing artists, airline pilots, designers, investment managers and brokers, private developers.

4) Owners of patents, trademarks, legal rights, copyrights and intellectual property.

5) Owners of real estate, ships, yachts, airplanes, specialized machinery.

6) Companies engaged in banking, insurance, trading, leasing, manufacturing, film and artistic productions, software development, distribution, fund management, construction, project financing, natural resources, pollution control, ecological projects, hotels and resorts, shipping companies, airline companies and all kinds of services.

7) Charities, foundations, trusts and endowment funds.

If you sell services or do business outside your own country or economic area, there is a good chance you may find advantages from an offshore structure.