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The ultimate goal of an entrepreneur is to sell its own company: this often marks a lifetime achievement and the potential ability to retire with a lump-sum of cash. From an entrepreneur you can become an investor (another great next step). There is no other way than using a holding company to maximize the future investing ability. There are so many great things you can do with a holding company: it gives you more options. Let’s say that you want to change the ownership of the company owned by the holding company, but to do this you have to: go ... Прочетете още

The most common use case of our services is to meet a statutory requirement for a specific legal form (this sentence seems so general, but if you want an explanation keep reading). Let’s say that you want to incorporate or create an association. The legal requirement in your country for this type of company is to have 2 persons, but you are alone. You do not want to involve family member, or you are scared of potential problems in the future, or trusting someone newly met makes you feel uncomfortable. Whatever it is: the fact is that you are alone ... Прочетете още

From time to time: new customers ask or search for any reviews of PROMINEE®, but they cannot find any. Unfortunately for those new customers, they forget that PROMINEE® is exactly like the provided services: discreet. This leads to the second point: positive feedback is received from happy customers, but if their names cannot be published, what value or authority do they have to others?… Third point: publishing reviews of customers on the website with changed names defeats the purpose, in all cases the reviews are meaningless. In the next few months: some case examples of problems and their solutions will ... Прочетете още

It is over! The Dominica’s International Business Companies regime is officially abolished from 1st January 2022. Those companies have the option to re-register as a local company (the deadline was 31 December 2021) and be subject to the Dominica’s local 25% corporate income tax. All the local agents are therefore out of business. The only option available is to the transfer of all assets to another company as soon as possible. You can contact us if you need it. Dominica is a textbook case for the rise and fall of an unstable jurisdiction. It has been reported previously that the ... Прочетете още

From the 4th June 2022: Indonesia will now be able to certify documents with an Apostille (and also accept such documents). It is paramount for a country to be part of this Convention as it increases commerce and investments. Source: https://www.hcch.net/en/news-archive/details/?varevent=825 Notable countries still not part of the Convention: Canada China Egypt Jordan Madagascar Malaysia Nigeria Pakistan Saudi Arabia Sri Lanka Thailand United Arab Emirates Maybe Indonesia will lead the way to new countries?

If you use your US LLC as a shareholder of another non-US company, and this non-US company has a bank account: you have to file a FBAR report every year if that shareholding is equal or more than 50%. The penalty for not filing is US$10,000. You might want to change your structure as soon as possible to avoid any possible penalty: свържете се с нас.

The Wyoming Secretary of State is increasing its prices: from $50 to $60 for the Annual Report ; from $0 to $5 for a change of registered agent ; $10 per Series (at creation time or incorporation time). It was possible to create an unlimited amount of Series before that date: too bad if you have missed this opportunity. Our company has just saved $400 because we had created forty Series. The good news is that it is now possible to get a Certificate of Good Standing for a specific Series for a fee of $20 per Series. Certificate of ... Прочетете още

В свят, в който прозрачността винаги се увеличава: САЩ приеха “Закон за корпоративна прозрачност” изискване за разкриване на всеки действителен собственик, който има над 25% контрол. Законът включва LLCs и Statutory Trusts като отчетни единици. Това ще влезе в сила не по-късно от: 1st януари 2023. Неспазването на изискванията за докладване на закона може да доведе до граждански санкции до $10,000, както и лишаване от свобода в случай на престъпно неизпълнение. Сега е изключително важно да организирате вашите дела и структури в съответствие с изискванията преди крайния срок. Contact us to know how this ... Прочетете още

През март 2020 действителните собственици на всяка компания на Сейшелските острови ще бъдат регистрирани в база данни, до която Отделът за финансово разузнаване и други местни агенции имат пряк достъп. Регистърът приема само физически лица и не приема юридически лица. Трябва да се отбележи, че и номинираният, и номиниращият трябва да бъдат регистрирани. Ако действителният собственик е тръст, няма подслон: или учредителят, или всички действителни собственици ще трябва да бъдат регистрирани. Компаниите, регистрирани на Сейшелските острови, могат да се преместят в друга юрисдикция (свържете се с нас). За справка: attached below is ... Прочетете още

What a genocide by the Belize IFSC: they did not renew 16 оператори. The announcement is made at the end of April 2020 with effect from the 1st January 2020! That is a real problem with license-based jurisdictions (Seychelles is another one): suddenly an entire list of companies created by those operators become illegal. This official document is attached for reference: 30-04-2020-Revised-Public-Notice-3-Non-renewal-of-licences-for-2020Download