Author: Prominee

Twenty years ago, a Nevis LLC was incorporated and kept all those years until the agent became stupid/greedy/absurd. While the Nevis agent cannot be named, the limit was reached when the agent added this service: Discard all mail received, at a fee of $100 per annum This agent charges US$1,000 for a Nevis LLC incorporation, then US$700 per year for the maintenance, plus an extra US$100 per year just to throw mail in the trash… By switching to our Trust service, the customer paid £350 GBP for the first year, and will pay £150 GBP per year for the subsequent ... Read more

Similar to a holding company: an investment company can open a brokerage account and start investing in the stock markets around the world. If you are in a country that has investment restrictions (economic patriotism), or in which the yearly management is expensive and burdensome: you can outsource and organize it into another country. The implementation requires two legal entities: a trust and a company (acting as a trustee). The trust will shield away your ownership while still granting you full control over the assets. The trustee company will give you the flexibility and a bundle of two Nominee Shareholders: ... Read more

Бизнес эрхлэгчийн эцсийн зорилго бол өөрийн компаниа зарах явдал юм: Энэ нь ихэвчлэн насан туршийн ололт амжилт, нэг удаагийн бэлэн мөнгөөр ​​тэтгэвэрт гарах боломжийг илэрхийлдэг.. Бизнес эрхлэгчээс та хөрөнгө оруулагч болж чадна (дараагийн гайхалтай алхам). There is no other way than using a holding company to maximize the future investing ability. Холдинг компанид хийж чадах маш олон сайхан зүйл бий: энэ нь танд илүү олон сонголтыг өгдөг. Та холдингийн эзэмшдэг компанийн өмчлөлийг өөрчлөхийг хүсч байна гэж бодъё, гэхдээ үүнийг хийхийн тулд та хийх хэрэгтэй: go ... Read more

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 ... Read more

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 ... Read more

Дууслаа! Доминикагийн Олон улсын бизнесийн компаниудын дэглэмийг 1-р сарын 1-ээс албан ёсоор цуцаллаа 2022. Тэдгээр компаниуд дотоодын компаниар дахин бүртгүүлэх боломжтой (эцсийн хугацаа байсан 31 Арванхоёрдугаар сар 2021) and be subject to the Dominica’s local 25% аж ахуйн нэгжийн орлогын албан татвар. Тиймээс орон нутгийн бүх агентууд ажилгүй болсон. Цорын ганц сонголт бол бүх хөрөнгийг аль болох хурдан өөр компанид шилжүүлэх явдал юм. You can contact us if you need it. Доминика бол тогтворгүй харъяаллын өсөлт, уналтын сурах бичгийн хэрэг юм. It has been reported previously that the ... Read more

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: бидэнтэй холбоо барина уу.

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 ... Read more

In a world where transparency is always increasing: the US has adopted the “Corporate Transparency Act” requiring the disclosure of any Beneficial Owner having over 25% control. The Act includes the LLCs and Statutory Trusts as reporting entities. This will be enforced no later than: 1st January 2023. Failure to comply with the Act’s reporting requirements can result in civil penalties of up to $10,000, as well as jail time in the case of criminal non-compliance. It is now crucial to organize your affairs and structures in a compliant matter prior to the deadline. Contact us to know how this ... Read more