Business Formation ^{(Domestic & Offshore)}

Fees
The fees to establish an Offshore International Business Corporation includes:

• clearance of name with local registry
• establishing a contract with a reputable local registered agent
• filing of the necessary legal documentation with the local government
• payment of required government fees or taxes
• review, processing and forwarding applicable corporate documents to the client
• the administrative services necessary to assist the client with preparing a company or structure to operate in the selected offshore jurisdiction
• preparation of corporate documentation and review by a licensed attorney

Power of Attorney, special corporate resolutions, or other customized documentation is in addition to the fees above. Please ask us for a quote on any required supplemental documentation.

The costs to establish a basic offshore International Business Corporation (IBC) or equivalent is approximated in the column below titled "Initial Incorporation Fee". (Actual fees may vary depending on recently enacted local legislation, client requirements for legal advisory services, special services and other factors.)

Fees for the establishing foreign business entities and trusts are payable in advance by Certified Check, Wire Transfer, credit card or other agreed method of payment. We accept Visa, MasterCard, American Express, and Discover. Since our costs must be advanced to set up the company, the full cost of the entity plus our anticipated costs to execute the formation of the entity will be invoiced upon execution of the order.

The annual cost to maintain a basic offshore International Business Corporation (IBC) or equivalent is approximated by adding the Annual Government Tax or Filing Fee (below) to the Annual Registered Agent/Office, exclusive of any administrative service or advisory fees.

Nominee services for Directors or Shareholders is not required but frequently requested to maintain confidentiality of the owners of the company. Nominee Directors are normally used for the initial registration of the corporation unless the client requests alternative arrangements. These Nominees typically submit a undated resignation, unless the client wishes to retain their services for the upcoming year for a fee. The fees vary depending on the responsibilities of the Nominees.

Costs of international courier delivery, postage, overseas communications, banking, accounting or ancillary services are not included in the basic incorporation package.

In many instances, our office can assist clients in establishing local offshore bank accounts, brokerage accounts and offshore credit cards secured by those accounts. The costs for these services are quoted on a case-by-case basis. With the recent international efforts to combat terrorism and money laundering, it is safe to say that all legitimate financial institutions abide by a "know your client" operating philosophy. Accordingly, there is substantially more documentation required to process an offshore bank account than you would find at your local banking institution. We have found that our efforts typically run to 2-3 hours to just process the paperwork. Since these requirements change from institution to institution, we can no longer quote a firm fixed price for this type of work.

In the event that either a bank account, brokerage account, or corporate credit card is requested, the client will most likely be asked to provide copies of : the picture page of their passport, general bank reference letters showing an ongoing satisfactory banking relationship on original bank letterhead, proof of residence (such as a utility or insurance bill), professional references, and such other documents (may vary from jurisdiction to jurisdiction) necessary to establish the identity of the account signatory to the institution where the account will be maintained. The institution will keep the clients personal information confidential consistent with the confidentiality laws of that jurisdiction, but require this information for all signatories and beneficial owners on the account so they may comply with their internal due diligence requirements to combat concerns regarding illegal criminal activities.

Here is a sample of the fees that are charged based on current government requirements. These are shown merely to represent the type of differences a client can expect between different jurisdictions. If you have a requirement for another jurisdiction, please let us know. Most likely, we can assist you in any specialized requirement you have.

Note that the fee schedule changes when we receive notice of government tax/fee changes and the cost of resident agent services. There are also additional documents or services that may be necessary for a particular client requirement. Those costs will be added to the standard costs shown below.

Fees may be changed without notice.