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Why Setting Offshore Company Under Companies Act

Why Setting Offshore Company Under Companies Act

Submitted by • October 16, 2012 www.aviabiz.com

Like companies registered in a continental jurisdiction, also offshore companies registered in an offshore location must fulfil a number of minimum legislation requirements. In any case they must have a local representative (registration agent - we provide as a standard)

keep their registered office in the country in question (we provide as a standard)
must issue and settle a certain minimum amount of the registered capital
must have a shareholder and statutory representative (shareholders and directors - we provide as a standard)
settle the lump-sum tax to the government or the percentage tax on profit or turnover.

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Voted by nashir

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