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AsiaBizServices Talks About “Singapore Offshore Company Incorporation For Companies and Businessmen”
AsiaBizServices Talks About “Singapore Offshore Company Incorporation For Companies and Businessmen”
Seychelles, an island-country in the Indian Ocean, is one of the most ideal offshore centers that protects the assets of shareholders and directors through strict confidentiality.
Singapore,
Singapore,
Singapore
(pr4links.com)
12/10/2011
"Seychelles, an island-country in the Indian Ocean, is one of the most ideal offshore centers that protects the assets of shareholders and directors through strict confidentiality."
Seychelles, an island-country in the Indian Ocean, is one of the most ideal offshore centers that protects the assets of shareholders and directors through strict confidentiality.
According to AsiaBiz Services, which is a Singapore offshore company incorporation specialist that assists companies and businessmen, Seychelles has been noted for its strict confidentiality that protects the identity of shareholders, directors, and company beneficial owners.
“There is no public record revealing the names of these people. In fact, registering a Seychelles IBC, which is a type of offshore corporation in the country, does not require a company to disclose the actual owner. Such information is only known by the licensed registered agent of a company and is secured in complete confidentiality,” AsiaBiz said.
“The only public records of a Seychelles IBC are the Memorandum of Association and Articles of Association which do not contain the names of the beneficial owners and actual shareholders of a company,” it added.
To further boost the secrecy protection, Seychelles does not report or share information to any international organizations such as the European Union (EU) which imposes a policy called “Savings Tax Directive.”
“In an effort to make its country as the leading offshore financial center, the Seychelles government has avoided information-sharing agreements with foreign organizations and countries despite their offer of financial aids,” AsiaBiz said.
Aside from the secrecy protection and minimum record-keeping requirements, Seychelles IBC also provides several tax incentives and exemptions to attract all forms of international business.
“Seychelles IBC is not required to pay any local taxes and is exempted from paying taxes within 20 years of its incorporation. In addition, it is exempted from paying any stamp duties relating to business transactions such as the transfer of properties, debt obligations, shares, and securities,” the firm added.
In terms of procedures and other compliance matters, Seychelles IBC has a minimum requirement. In fact, shareholders and directors are not required to hold their annual general meeting, a strict requirement among corporations operating in other countries.
But in case that shareholders and directors want to hold a meeting, they can perform this anywhere they want, through telephone or online conference, or through the use of their proxies.
Compared to most tax havens, Seychelles has no minimum paid-up capital requirement to be used for start of business operations. In fact, offshore companies can state any amount of authorized capital which is defined as the capital allowed to draw from shareholders in consideration for the company shares.
More Information:
AsiaBiz is the leading Singapore company that provides Singapore Company Incorporation services to local and foreign entrepreneurs and investors and offer consultation regarding the immigration and taxation, accounting and book keeping requirements, and other compliance matters stated under the Singapore law. AsiaBiz has successfully helped thousands of foreign and local entrepreneurs form a Singapore company.
AsiaBizServices.com
address: 120 Telok Ayer Street Singapore 068589
phone: +6563034614
website: http://www.asiabizservices.com/
AsiaBiz is the leading Singapore company that provides Singapore Company Incorporation services to local and foreign entrepreneurs and investors and offer consultation regarding the immigration and taxation, accounting and book keeping requirements, and other compliance matters stated under the Singapore law. AsiaBiz has successfully helped thousands of foreign and local entrepreneurs form a Singapore company.
About
Rikvin PTE LTD
address: 120 Telok Ayer Street Singapore 068589
phone: +6564388887 begin_of_the_skype_highlighting +6564388887 end_of_the_skype_highlighting begin_of_the_skype_highlighting +6564388887 end_of_the_skype_highlighting
email: info@rikvin.com
website: http://www.rikvin.com/
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