Overseas company registration information inquiry, overseas company registration

How to check whether the company information registered overseas is true? How to register an overseas company? Let’s take a look at the overseas company registration information query brought by the editor below, which may include what you need. .

You need an overseas intermediary agency to inquire on your behalf. There is no other better way. You can consult a professional lawyer for details. Register an Isle of Man company

Introduction to the Isle of Man

The Isle of Man is located at the center of England, Scotland, Wales, Northern Ireland and Ireland, covering an area of ??572 square kilometers. It is a royal dependency of the United Kingdom and has 79,805 residents, half of whom are from the United Kingdom. English is the island's native language. The main language and currency on the island is the Isle of Man pound, which is equivalent to the British pound. The island's self-government has a long history. It already had its own parliament in the 10th century AD, with its capital being Douglas.

The island has a developed professional service industry, with a large number of lawyers, accountants, secretaries, bank clerks and other professionals. Its financial services industry has a long history and is well regulated. The Isle of Man Financial Supervisory Commission oversees the banking and investment industries, and the Isle of Man Insurance and Pensions Regulatory Authority oversees the insurance industry and pensions. The Isle of Man has received recognition from the international community in combating money laundering and financial crime.

Isle of Man Law and Taxation

The Isle of Man has no capital gains tax, wealth tax, stamp duty, inheritance tax, capital transfer tax and other common tax items, and has been implemented since April 2006 The zero-rate corporate tax policy exempts most industries from corporate tax, and only levies a 10% corporate tax on the banking industry and the real estate industry operating in the Isle of Man. In order to attract more financial services companies to settle down, the Isle of Man launched a "50% preferential financial support policy" in 2004, specifically targeting the initial registration fees, first two years' rent, personnel and equipment relocation fees, marketing fees, and external training for these companies. Provide a subsidy of up to 50% of the initial telecommunications installation fee.

The Isle of Man is one of the world's famous offshore financial centers and has a fairly complete corporate organizational form law. Companies here are divided into two categories: public companies and private companies. The former can be publicly offered and must submit an account audit report to the Company Registration Bureau every year. The latter cannot be publicly offered and does not need to submit an account audit report. Limited liability companies are subdivided into four types based on different responsibilities of shares and guarantees to try to meet the needs of customers in starting various businesses. The island practices common law, in line with the British and American legal systems. The island has followed the British law of equity since the 17th century, and promulgated the first company law in 1865. The current company law of the island is based on the Company Integration Act of 1931. The law has been revised nine times so far, with the purpose of timely To meet the continuous development requirements of modern enterprises.

Company registration requirements in the Isle of Man

Each company must have a registered office in the Isle of Man and appoint a secretary. The secretary must be a resident of the Isle of Man and a member of a recognized professional body. The company must also appoint at least two directors (one of whom must be a resident of the Isle of Man) and one shareholder, but no corporate directors are allowed. Companies must keep books of accounts, but if the company does not carry on business in the Isle of Man, it does not have to audit the accounts. The company's statutory and meeting minutes are kept at the registered office. In order to complete the company incorporation registration procedures and meet the standards set by the due diligence review, the client is required to provide letters of recommendation and copies of the passports of the ultimate beneficiaries and directors.

Types of companies registered in the Isle of Man

1. Ordinary company (according to the 2006 Company Law)

_ No limit on business scope.

_Allow free dividend transfer.

_No distinction is made between private companies and public companies.

_The filing and accounting requirements are simple.

_One shareholder allowed.

_Conditionally, corporate legal persons are allowed to serve as directors of ordinary companies in the Isle of Man.

_Company formation must be carried out by a registered agent licensed in the Isle of Man.

_The corporate tax rate for ordinary companies in the Isle of Man is zero.

2. Limited liability company (LLC)

_A limited liability company has some characteristics of a partnership. It is established according to the Limited Liability Company Law of 1996. The establishment of a company requires at least two company members. , has no shareholders and no directorships.

_After the company is established, it will exist forever.

_Company members shall bear legal liability to the outside world only to the extent of their capital contribution.

_The tax liability of a limited liability company shall be borne independently by the members of the company in proportion to their income.

_If the company members are not residents of the Isle of Man and the company operates overseas, they can apply for exemption from Isle of Man corporate tax and withholding tax related to dividend distribution.

_A limited liability company must maintain a registered office in the Isle of Man and pay annual registered agent fees.

3. Limited partnership

_Limited partners can withdraw part of the capital invested at any time without changing their legal status as limited partners.

_Limited partners can apply to register as overseas partners to obtain the qualification for separate tax accounting from the limited partnership.

_The Isle of Man limited partnership must be registered in the Isle of Man and submit relevant information.

_Limited partners allow up to 20 people, including one general partner.

_Limited partners and general partners can be either natural persons or legal persons.

Company establishment requirements

_Any ordinary company can be established as a joint stock company, a liability guarantee company, a hybrid liability guarantee joint stock company, or an unlimited company.

_General authorized capital is a minimum of ￡2,000, which may be increased upon request.

_It takes 2 weeks to set up a company.

The following information is required for establishment

_The name of the company to be established.

_General business plan for the company’s operations.

_The fields and regions in which the company plans to operate.

_Proof of identity and address of each member of the company.

_Definition of the status and rights of each member within the company. UK company registration

The UK is one of the best places for anyone considering trading and running a business because the local legal system is the most robust in the world, coupled with a well-established economic system and banking system, Therefore, if investors want to develop company business, the United Kingdom is definitely the first choice; although the tax rate in the United Kingdom is quite high, it is only limited to actual business in the local area. If the investor does not conduct trade in the United Kingdom, he does not need to pay tax; except In addition, because the legal system is very stable, local management of limited companies rarely changes, which is conducive to the long-term development of investors.

Benefits of registering a British company

(1) The legal system is sound and very stable;

(2) It is legal and does not pay taxes (not doing business in the UK);

(3) The establishment fee is not high and the annual maintenance cost is low;

(4) Tax arrangements are convenient;

(5) The registered capital does not need to be in place;

(6) Brand establishment, high credibility, and reliable confidence;

(7) One shareholder can open a British company, no nationality restrictions;

(8) You can open a bank account at any bank in the world.

Selection of types of British companies

Foreign investors need to consider many factors when setting up a business in the UK, including investment scale, type of enterprise, taxation and other issues. The forms that investors can choose according to their own needs mainly include: establishing business locations, branches, distribution/agents, limited liability companies, joint ventures, and acquiring existing enterprises. In the UK, the establishment of most business forms does not require approval from any department, and there are no foreign exchange controls.

Introduction to British Private Limited Company

Most foreign investors prefer to adopt the form of private limited company. A private limited company has no minimum share capital limit, the registration process is simple, and the cost is low; a private limited company has no minimum number of shareholders/or directors, and there are no restrictions on the nationality and residence of shareholders/or directors; shareholders and/or directors Can be an individual or a company. However, the company must establish a secretary position. A company secretary can be an individual or a company, and its functions mainly include being responsible for the internal management of the company, convening meetings (such as board meetings, etc.), and being responsible for keeping and submitting change documents to the company registration authority.

Shareholders

There is at least one shareholder. Shareholders can be individuals or other limited companies, and there are no nationality restrictions.

Directors

There must be at least one director. Directors can be of any nationality and do not have to live in the UK. All information submitted to the company's registration authority, including information about the company's shareholders and directors, is public and available for public inspection.

Registered capital of British companies

Number of shares subscribed by each shareholder: According to British laws, the number of shareholders must be at least two, and the minimum registered capital is 2 pounds. Generally, the registered capital of British companies is 10,000 to 1 million pounds.

UK Company Secretary

According to British company laws, every British limited company must have a company secretary, who must be a British resident and responsible for handling local legal documents.

UK company registered office and agency All companies must have a registered office in the UK.

UK company name restrictions The company name must end with "Limited" or its abbreviation "Ltd".

UK Company Records

Companies must report the information and changes of their principal persons in charge to the relevant departments.

Documents and information required to register a British company

Relevant documents that must be submitted to the company registration authority to establish a private limited company include:

(1) Articles of Association Memorandum and articles of association;

(2) Other documents, including the first director, secretary, shareholders and company registered address, etc.