What are Bearer Shares?
What are the advantages of appointing a Nominee Director?
How long does it take to set up a company?
What information do I have to provide for the incorporation process to commence?
What is a Shelf Company?
What are Limited Duration Companies - LDCs?
What are Bearer Shares?
Bearer Shares are shares with no name being disclosed to them. They are payable to "Bearer". Such shares provide more privacy than registered shares which do have a name on them and are generally registered in the jurisdiction of incorportaion. Bearer shares are also advantageous in that such shares are easily passed to others without formalities.
What are the advantages of appointing a Nominee Director?
The Nominee Director is normally provided by the Registered Agent, the owner of the incorporation, used for his company. Most clients prefer to appoint a "Nominee Director" for the following reasons:
- In some countries the physical location of the director is where the company is Incorporated. Your "Nominee Director", when provided by Oxley Corporate Services Ltd., is always located in a tax free country.
- The "Nominee Director" handles the annual filings which maybe required in some jurisdictions, such as an annual shareholders meeting or annual directors meeting.
- Unless the Shareholder is very familiar with company documents, such as Minutes, Resolutions and other structural details, it may become very time consuming for the preparation of post corporation documents, opening bank accounts etc. Simultaneously, in some jurisdiction, the director must sign various papers before the incorporation can commence; therefore, delaying the incorporation process. The appointment of a "Nominee Director" quickly expedites the process and leaves the shareholders hassle free and with plenty of time to get on with the company business.
- Appointment of a "Nominee Director" provides a greater privacy and asset protection.
How long does it take to set up a company?
Oxley Corporate Services Ltd. prides itself in promoting fast and above all efficient professional service incorporating your corporation within one business day of confirmation of payment and have your documents couriered to you the following day.
What information do I have to provide for the incorporation process to commence?
You will need to forward a copy of your current ID containing your photograph. It can be a Passport, Social Security Card or Driver's License. Only such documents is required along with your completed application form. All your personal information will be kept in the strictest of confidence in the offices of Oxley Corportate Services Ltd. We are in the business of providing offshore services and knowing the meaning of the word confidentiality. We do not sell, rent or disclose your information. However, we reserve the right to provide such information if you are involved in illegal activities in accordance with the laws of Belize and a court decision has been made against your company.
What is a Shelf Company?
A "Shelf Company" is an offshore company which had already been incorporated but has bot been used prior to being bought. Upon purchase the company can immediately be used while the agent prepares the necessary documentation for your proof of ownership and banking and other purposes.
Shelf Companies are purchased mainly for:
- its immediate availability
- to establish history since they have been incorported in prior years.
What are Limited Duration Companies - LDCs?
Limited Duration Companies is a special form of offshore company similar to that of IBCs, except for the fact that the Company is limited to a specific life time stated within the Memorandum of the company. |