Based on detail analysis of your business, you and us together pick the right destination, agree on concept of use and structure, and then we incorporate the company for you. Administration of your company may either be handed over to you, in which case you get the whole company into your hands including all documents, or you leave the company in our administration and we will take care of everything and handle all matters with Czech government agencies for you upon your instructions. Even if you choose to leave the administration of the offshore company with us, we will always give you a certified copy of the whole documentation plus a general power of attorney, so you may anytime handle anything on your own if you wish to, or empower any other person to do so.
Our administration includes drafting annual reports, filling in and filing tax returns and other reports submitted to governemental authorities of the respective offshore destination. Further, we provide services of drafting contracts and agreements, warranties and other legal writing including regular billing, and all other steps needed to be taken so that your offshore company may meet its purpose, as conceived by you. Scale of this administration shall be subject to individual requests of each client.
We also provide complete legal service under laws of the respective destination and service of court-certified translator and interpreter.
Offshore companies may also be sold and other persons may be taken in at any time, if you ever chose to take in business partners.
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Offshore is a word that currently has two meanings:
a) Destination, meaning a country, with its overall taxation system substantially more favourable than the Czech Republic
b) A company registered in such a country
This question has been answered many times already. It sure is legal. Legality of doing business depends on business objectives, actions and information, not on choice of registered address of a company. If you keep within all legal limits of any business activity you want to do, there is no need to worry. The one difference between doing buiness with an offhore company and solely domestic company is that with offshore you have to obey legal regulation of more than one country. Only if you specifically request so. Offshore registries only record ownership information in cases where the filed documentation states so. Offshore companies may have one or more Directors and these may be nationals of any country. If there are several Directors, they may have to co-sign or they may act separately, that is up to you. But given the Czech tax laws it is highly advisable that a Director of your offshore company should not be a Czech national. We always highly recommend usage of our services of out-of-the-country nominee Director. Yes, and in cases of large entities, high-revenue companies or companies with several shareholders we always recommend doing that. Rest assured that offshore companies are legitimate businesses that met all legal formalities and their actions canot be disputed. All contracts and bills are legal and forceful. As to tax-deductible bills usable for your company, it is necessary to carefully prepare and plan your strategy of lowering taxation and to strictly obey relevant laws.
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