Offshore Registered Office And Offshore Registered Agent


wealthymatters

Offshore Registered Office :

An offshore registered office is the official address of an offshore company, to which authorities, courts, and suitors send their notices, letters and reminders. The registered office can be anywhere in the jurisdiction of the offshore incorporation. It must always be an effective address for delivering documents to the company.

Offshore Registered Agent :

An offshore registered agent represents an offshore company in the jurisdiction of incorporation. The registered agent normally provides a registered office address, arranges liaison with local authorities and receives all legal and tax papers and/or notices addressed to the underlying company, corporation or foundation. Not all jurisdictions require a registered agent but virtually all would necessitate a registered 0ffice. Read more of this post

Incorporating Offshore


wealthymattersAn offshore company is a corporation or other type of legal entity which is incorporated or registered in an offshore financial centre or “tax haven”‘.

The extent to which a jurisdiction is regarded as offshore isĀ  a question of perception and degree.Classic tax haven countries such as Bermuda, British Virgin Islands and the Cayman Islands are quintessentially offshore jurisdictions, and companies incorporated in those jurisdictions are invariably labelled as offshore companies. Then there are certain small intermediate countries such as Hong Kong and Singapore ,sometimes referred to as “mid-shore” jurisdictions, which, while having oversized financial centres, are not zero tax regimes. Finally, there are industrialised economies which can be used as part of tax mitigation structures, including countries like Ireland, the Netherlands and even the United Kingdom, particularly for corporate inversion.Also, in federal systems, states which operate like a classic offshore centre can result in corporations formed there being labelled as offshore, even if they form part of the largest economy in the world ,for example, Delaware in the United States.

Similarly, the term “company” is used loosely, and at its widest can be taken to refer to any type of artificial entity, including not just corporations and companies, but potentially also LLCs, LPs, LLPs, and sometimes partnerships or even offshore trusts. Read more of this post

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