Offshore Company
Vietnam Company Annual Compliance Requirements and Fees
Vietnam Company Annual Compliance Requirements and Fees This guide provides a summary of the various maintenance and compliance requirements for the Vietnam Company that incorporated in accordance with the Vietnam Investment Law 2014 and an estimation of the costs likely to be incurred to comply with those requirements. Section 1 is about the preparation of the monthly financial statement of the Vietnam Company. Every Vietnam Company is required to prepare a financial statement every month and submit the financial statement to the Department of Taxation in Vietnam. Section 2 and Section 3 describes the information of Corporate Income Tax (CIT) and Value-Added Tax (VAT) of the Vietnam Company. Section 4 of this guide states the requirement of the Annual Audit for the Vietnam Company. Section 5 states the requirements to employ employees in Vietnam, including the introduction of social insurance, medical insurance, unemployment insurance, etc. Section 6 lists out […]
General Guide to Director’s Liability in Australia
General Guide to Director’s Liability in Australia When a director breaches a duty in Australia, the consequences depend on whether it is a general law duty or a statutory duty that is breached, and also what sort of remedy is being sought. A breach of a statutory duty may be so serious that a civil or even criminal penalty is imposed on the director. Summary 1. Business Judgement Rule Defence The narrow business judgment rule defence applies not only to the obligation to act cautiously, but also to the satisfaction of similar obligation in common law and in equity. The business judgment rule relates to a decision making, not only for an unintentional inaction. Therefore, the directors will need to make or avoid from making a decision. If they refrain from making a decision, that must be a considered action. The fact that all the criteria for the defence are […]
Vietnam Company Registration Procedures and Fees
Vietnam Company Registration Procedures and Fees Unless otherwise indicated, the Vietnam Company stated in this quotation refers to a Trading (Wholesale) Company formed and incorporated in Ho Chi Minh City or Hanoi City in accordance with the Law On Investment in Vietnam. Summary Our fees for the establishment of a Trading (wholesale) company in Vietnam Ho Chi Minh City or Hanoi City is USD 8,500. The fees quoted included Kaizen service fees, Vietnam registered address for one year, the local agent service fee for one year and the official registration fee. In short, this quotation included all the costs necessary to set up a company in Vietnam. For details, please refer to Section 1 of this quotation. For the incorporation of a Vietnam Company, client shall provide the identification documents and address proof of each shareholder and director, the proposed registered capital, the capital allocation of shareholders (if more than […]
Samoa Company Registration Package #SAMIBC03
1. Scope of Services of Samoa Company Registration Package #SAMIBC03 (1) We will help to incorporate an international company in Samoa with a registered capital of USD1,000,000. In particular, our incorporation services include: (a) Preparation of incorporation documents and filing of the documents with the Registrar for incorporation; (b) Payment of official filing fee (c) Provision of registered office service (first year) (d) Provision of registered agent service (first year) (e) One company kit, including common seal and chop (2) Certificate of Incumbency Application for one Certificate of Incumbency immediately after the company is registered for the purpose of bank account opening. (3) Bank Account Opening Providing assistance to open corporate bank account with a leading international bank in Hong Kong, including preparation of certified incorporation documents as required by the bank, visiting the bank with client, forwarding Internet banking password and security device to client. Please note the bank […]
Islamic Sultanate of Brunei Darussalam Company Incorporation Package #1
GENERAL INFORMATION The Islamic Sultanate of Brunei Darussalam is situated on the northwest coast of the island of Borneo and on the coastline of the South China Sea with its boundary attached to the Malaysian state of Sarawak. Brunei’s political system is based on the country’s written constitution and the tradition of the Malay Islamic Monarchy. Supreme executive authority vests in the Sultan. There is no exchange control and no restrictions on the movement of funds to or from Brunei. The type of company incorporated is International Business Company (IBC). An IBC has the power to perform all acts and engage in all activities necessary to the attainment of the object of IBC subject to the provisions in the order. However, an IBC cannot trade or own real estate within Brunei or undertake banking, insurance, investment advice or management of mutual fund business unless licensed to do so under appropriate […]
Germany Company Incorporation Package#2_Registered Office and Local Representative
Requirement for set up a Germany Company As a form of capital company, the limited liability company GMBH is equivalent to a legal person with 25000EUR registration capital at least. The Advantage of Germany Company 1. It is good to service local clients, as some local clients or suppliers only would like to contact the companies registered in Germany, not overseas; 2. Promoting the products and the company value, and the sale price could be a bit low to the market price in Germany; 3. The registered capital is only 25,000 for company registration, which can be used for expenses; 4. It is entitled to apply for permanent residence in Germany once the Germany company went smoothly around 4-5 years; 5. Improving the brand image and international image of the company; 6. Using commercial secretary could save a great of cost. INCORPORATION COST 1. Our quotation for registering a Germany […]
Germany Company Incorporation Package#1_Company registration only
Requirement for Set up a Germany Company As a form of capital company, The limited liability company GmbH is equivalent to a legal person with 25,000EUR registration capital at least. The Advantage of Germany Company 1. It is good to service local clients, as some local clients or suppliers only would like to contact the companies registered in German, not overseas; 2. Promoting the products and the company value, and the sale price could be a bit low to the market price in Germany; 3. The registered capital is only 25,000 for company registration, which can be used for expenses; 4. It is entitled to apply for permanent residence in Germany once the German company went smoothly around 4-5 years; 5. Improving the brand image and international image of the company; 6. Using commercial secretary could save a great of cost. INCORPORATION COST Our quotation for registering a Germany […]
BVI Company Incorporation Package #BVIBC03 – Registration and Registered Agent Services and Certificate of Incumbency and Corporate Bank Account
The BVI company in this website, unless otherwise advised, refers to business company registered in British Virgin Islands in accordance with the BVI Business Companies Act 2004. This type of company is also commonly known as offshore company, international business company or tax-free company. 1. British Virgin Islands (BVI) Business Company Registration Package #BVIBC03 – Scope of Services and Fees (1) BVI Company Registration (for company with share capital of no more than 50,000 shares and without Chinese name): USD950 With a standard share capital of less than or of 50,000 shares, the registration fee together with the first-year maintenance fee is USD950. In particular, the fee covers: (a) First year license fee (b) First year registered agent and registered office (c) One complete company kit (d) Our incorporation service charge (2) Certificate of Incumbency (or CPA certification): USD150 One original Certificate of Incumbency issued by the registered agent […]
BVI Company Incorporation Package #BVIBC02 – Registration and Registered Agent Services and Certificate of Incumbency
The BVI company in this website, unless otherwise advised, refers to business company registered in British Virgin Islands in accordance with the BVI Business Companies Act 2004. This type of company is also commonly known as offshore company, international business company or tax-free company. 1. British Virgin Islands (BVI) Business Company Registration Package #BVIBC02 – Scope of Services and Fees (1) BVI Company Registration (for company with share capital of no more than 50,000 shares and without Chinese name): USD950 With a standard share capital of less than or of 50,000 shares, the registration fee together with the first-year maintenance fee is USD950. In particular, the fee covers: (a) First year license fee (b) First year registered agent and registered office (c) One complete company kit (d) Our incorporation service charge (2) Certificate of Incumbency: USD150 One original Certificate of Incumbency issued by the registered agent immediately after the […]
British Virgin Islands Shelf Business Company Registration Fees, Registration Procedures and Annual Maintenance Cost
The BVI company in this website, unless otherwise advised, refers to business company registered in British Virgin Islands in accordance with the BVI Business Companies Act 2004. This type of company is also commonly known as offshore company, international business company or tax-free company. 1. BVI Business Company Registration Fees (Readymade Company) BVI Company Registration Fees With a standard share capital of less than or of 50,000 shares, the registration fee together with the first-year maintenance fee is USD950. In particular, the fee covers: (1) first year license fee: USD350 (2) first year registered agent and registered office: USD400 (3) one complete company kit: USD60 (4) our incorporation service charge: USD140 For company with share capital of over 50,000 shares, the registration fee together with the first-year maintenance fee is USD1,750. In particular, the fee covers: (1) first year license fee: USD1,100 (2) first year registered agent and registered office: […]