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Company management

Offshore company management

  Create Your own IBC ►

Buying an offshore company is easy. Running it in a proper, safe and smart manner is not.

An offshore company is a high-powered legal instrument. Operated improperly, or recklessly, it can create tax liability, or even cause serious legal trouble for its owner.

However, operated correctly, an offshore company can boost business efficiency, reduce costs, protect assets, and also provide tax advantages. A properly structured and prudently operated offshore company will recoup establishment and running costs countless times over.

Option 1: Company directed by the beneficial owner. You, the beneficial owner, can be appointed as the Director of Your International Business Company. Learn more.

Just as well, any other person, designated by the beneficial owner, can be appointed as the Director of the IBC. This can be a relative, a friend or a business partner of the owner - anyone whom the owner trusts, provided he/she agrees to such appointment. A minimum of one director must be appointed. Of course, an IBC can also have more than one director should this be required. For all intents and purposes, whenever the beneficial owner, or their appointees act as director(s) of the IBC, this is called "management by the owners". In this option, the name(s) of the beneficial owner or his/her appointees will directly show up in the primary incorporation documents of the IBC. In particular, these names will be recorded in the First Minutes of the IBC, dealing with the appointment of directors.

Option 2: Company directed by an appointed Director (nominee). In this option the directorship of the IBC is assumed by a professional Director.Learn More.

This position is also commonly known as "Nominee Director" or "Third-party Director". The Directorship service can usually be provided by the Registered Agent (us), as we are appropriately licensed, approved and supervised by our Regulator to carry out such service. This option would therefore be called as "professional company management".

The nominee services could be provided only to the companies which are incorporated or managed by Fidelity. Create your own Offshore Company ►

If you are interested to transfer your company under our administration, please send us a formal request using the following form. Offshore Company Transfer

Nominee Director Services

Belize
Corporate nominee director (licensed resident company) 0 Order  
Individual nominee director (Belize resident) 0 Order  
British Virgin Islands (BVI)
Corporate nominee director (licensed resident company) 0 Order  
Individual nominee director (BVI resident) 0 Order  
Individual nominee director (foreign) 0 Order  
Seychelles
Corporate nominee director (licensed resident company) 0 Order 
Individual nominee director (Seychelles resident) 0 Order  
Individual nominee director (foreign) 0 Order  

Nominee Shareholder Service

Belize
Corporate nominee shareholder (licensed resident company) 0 Order  
Individual nominee shareholder (Belize resident) 0 Order  
Company is owned by Belize International Foundation 0 Order  
Company is owned by Belize International Trust 0 Order  
Company is owned by Seychelles International Trust 10 Order  
British Virgin Islands (BVI)
Corporate nominee shareholder (licensed resident company) 0 Order  
Individual nominee shareholder (BVI resident) 0 Order  
Company is owned by Belize International Foundation 0 Order  
Company is owned by Belize International Trust 0 Order  
Company is owned by Seychelles International Trust 10 Order  
Seychelles
Corporate nominee shareholder (licensed resident company) 0 Order  
Individual nominee shareholder (Seychelles resident) 0 Order  
Company is owned by Belize International Foundation 0 Order  
Company is owned by Belize International Trust 0 Order  
Company is owned by Seychelles International Trust 10 Order  

Information for consideration

At incorporation, the client has to make a choice between these two options. Two primary considerations must always be kept in mind.

First, the owner of the offshore company must explore the local tax regulations in the country or countries where the company expects to conduct sales, or to engage in any business transactions. This pertains to the “place of business” issue.

Second, the owner of the offshore company must review the tax laws in their own country – the one whose passport he is carrying, and if different, the one where he permanently resides. This pertains to the “management and control” issue. As a general rule, a business owner, who lives in a high-tax country, must not be seen as directly managing and controlling an offshore company – especially, if that offshore company actively engages into transactions with his domestic business.

Great care must be taken to ensure that the substance of trading and the effective management of the company is carried out outside the fiscal jurisdiction of the beneficial owners.

Professional company management services must be sought from a country, where such management function does not create a tax liability. Fidelity Corporate Services Ltd, through its offices located and licensed in several tax neutral jurisdictions, is specialized in providing company management services for IBCs.

By providing professional directors, business administration facilities, and comprehensive day-to-day management service from a tax-neutral base, we can ensure all of the tax formalities of your IBC are properly observed. In other words, our services make it possible to demonstrate that proper management and control of the company outside a high-tax jurisdiction has been maintained. This way, an offshore company would be able to withstand potential scrutiny, and still retain its built-in efficiency.

There are two options available - Company directed by the beneficial owner or Company directed by an appointed Director (nominee)

Professional management service creates credibility and "visuals" of the offshore company and for taxation purposes your IBC will most certainly benefit from this service!