Off- Shore companies are an excellent corporate vehicle for individuals and societies who require a company with a high level of discretion and confidentiality, fast incorporation, agility in the process of investment and numerous tax benefits. eLexPersona.com incorporates off- shores in the following jurisdictions: Panama, British Virgin Islands, and Delaware.
When incorporating an off-shore company, you will have the option of forming the company according to your needs and preferences regarding the name, authorized capital, number of shareholders, social purpose, and domicile, among others.
These types of corporations usually serve the objective of holding real estate or movable properties, to open bank accounts, to promote products or services, to lease vehicles, machinery and other goods, to purchase shares in other companies or to purchase investment projects, among others.
Legal Fee: US$1,500.00
REQUIRED DOCUMENTS:
1. Copy of Cédula (Dominican ID card) or complete passport copies (if foreigner) of the shareholders and directors.
Frequently Asked Questions
1. How long does it take to form an Off-shore?
The duration of the incorporation process takes approximately 15 business days from drafting the corporate documents to sending the documents via courier for your signature.
2. Are there additional requirements if the company will operate in the Dominican Republic?
In order to operate in our country, you shall obtain a Mercantile Registry and a Tax ID Card (RNC). If you are interested in these services, please select Dominican Tax ID Card and Mercantile Registry Request.
3. Do I have to pay incorporation taxes?
No. One of the advantages is precisely that these corporations do not pay taxes at the moment of incorporation.
4. Can I open a bank account in a country outside the place of incorporation?
Yes, you will only need to compile the documentation required by the bank.
5. Do I pay annual fees?
Yes. The amount to be paid will depend on the place of incorporation.