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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 ... 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

Це кінець! Режим міжнародних бізнес-компаній Домініки офіційно скасовується з 1 січня 2022. Ці компанії мають можливість перереєструватися як місцева компанія (термін був 31 Грудень 2021) and be subject to the Dominica’s local 25% податок на прибуток підприємств. Тому всі місцеві агенти не працюють. Єдиний доступний варіант – якнайшвидше передати всі активи іншій компанії. You can contact us if you need it. Домініка — це хрестоматійна справа про підйом і падіння нестабільної юрисдикції. 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: зв'яжіться з нами.

Держсекретар штату Вайомінг підвищує ціни: від $50 до $60 для річного звіту ; від $0 до $5 про зміну зареєстрованого агента ; $10 за серію (під час створення або включення). До цієї дати можна було створити необмежену кількість серіалів: шкода, якщо ви втратили цю можливість. Наша компанія щойно заощадила $400 тому що ми створили сорок серій. Хороша новина полягає в тому, що тепер можна отримати сертифікат хорошої репутації для певної серії за плату в розмірі $20 за серію. Certificate of ... Read more

In a world where transparency is always increasing: the US has adopted the “Закон про корпоративну прозорість” 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

In March 2020 the beneficial owners of every companies in the Seychelles will be registered in a database to which the Financial Intelligence Unit and other local agencies have direct access. The register only accepts natural persons and do not accept legal persons. It has to be noted that both the nominee and the nominator have to be registered. If the beneficial owner is a trust there is no shelter: either the settlor or all the beneficial owners will have to be registered. Companies incorporated in the Seychelles can move to another jurisdiction (зв'яжіться з нами). For reference: attached below is ... Read more

What a genocide by the Belize IFSC: they did not renew 16 операторів. 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