Is it possible to open a private account as well as an account in the name of my company?
open a private account with company name Yes. It is possible to apply for a private account in addition to the account in the name of your company.
Company Incorporation FAQ
Frequently Asked Questions of pearlem Company Incorporation FAQ
Will I get a refund if I do not get my company registered and the bank account opened?
Will I get a refund if I do not get my company registered In the event where Pearlem is not able to register your company then your order will be subject to a refund as per our terms and conditions. Please find our refund policy We at Pearlem are acting as your corporate service provider …
Will I get a refund if I do not get my company registered and the bank account opened? Read More »
Who should use an offshore company?
Should use an offshore company An offshore company may be of interest to a great number of people and it may be used for various activities: Businessmen: Creating an offshore company allows businessmen to begin an activity without having to deal with the set-up of a complicated infrastructure. An offshore company allows you to quickly create …
Do I have to pay taxes on profit or interest earned by my company?
Pay taxes on profit or interest earned Most of the jurisdictions we work with do not impose taxes on profits made or interest earned by the company. Some, like Hong Kong, only tax profits made within the jurisdiction, whereas Cyprus charges a 10% flat tax. While a company may not be subject to tax reporting …
Do I have to pay taxes on profit or interest earned by my company? Read More »
Can the same person be a shareholder of the company and act as its director at the same time?
same person be a shareholder of the company Yes. In most jurisdictions it is possible (and common) that the same person acts as shareholder and director of the company.
What is the difference between a shareholder and a director?
Difference between a shareholder and a director The shareholder is the person who owns the company through a share certificate. A company can be owned by one or several shareholders. The shareholder can be an individual or a company. The director is the person responsible for the management of the company. He will sign any …
What is the difference between a shareholder and a director? Read More »
What is a UK Agency Company?
UK Agency Company The agency structure is a simple set-up where a UK company acts as administrator or agent for a non-UK principal which was registered in another jurisdiction. The UK company will draw on its well respected image and business credibility to trade with clients on behalf of the Principal which in turn retains …
What is a shelf company? in simple words
Shelf company Off the shelf Companies are corporate entities that have been established by a provider, who holds the company until a purchaser is found. Post transaction, the ownership of the company transfers from the provider to the third party, who then commences trading activity under the company name. The benefits of purchasing an off …
Why do I need to provide certified true copies of my documents and who can certify them?
Provide certified true copies of my documents The company registration address is the legal address of the company in the jurisdiction where it will be registered. This address must be used for all company legal documents including contracts, invoices, and others for the purpose of identifying the company correctly.it is also used for the service …
Why do I need to provide certified true copies of my documents and who can certify them? Read More »
Can I choose the name of company?
Choose the name of company Yes, It is even recommended that you do so. On the application form you are asked to input two company names, in order of your preference. We will then check with the Company Registry of the offshore jurisdiction if those names are available for incorporation. If not, we shall send …