Logberg Corporate Services, Ltd.
Company Formation | Exempted Companies | Limited Life Companies | Home
Partners
Bruce R. Twa
BA., LL.B., T.E.P.
Yvette D. Marcelin
BA., LL.B., T.E.P.
Bernd G. Wolf
BA., LL.B., T.E.P.
Associates
Peter E. Cochrane
BA., LL.B., T.E.P.
André K Malcolm
INFORMATION
REQUIRED TO FORM AN EXEMPTED COMPANY
1. Proposed name, and alternatives.
Final word must be - "Ltd.", "Inc.", "Corporation",
"S.a.r.1.", "N.V.", "S.A.", "Company",
International Business Corporation, "I.B.C.", and the like.
For a limited life company, the name must include those words, or "L.L.C."
2. Can be capitalized in any currency.
3. Total nominal capitalization minimum, Five Thousand United States Dollars
(US$5,000.00) or its equivalent in the foreign currency for which the
Government fee is US$100.00. Next US$45,000.00 of nominal capital add
1%. Next US$50,000.00 of nominal capital add 2%. Over US$100,000.00 nominal
capital government fee is US$800.00 plus one tenth percent over US$100,000.00.
4. How many shares to be issued and to whom or to bearer (fully paid shares
only to bearer). Our Nominee Shareholding Company, Logberg Management
Ltd. will hold the shares for you endorsed in blank for transfer with
a Declaration of Trust in your favour for privacy. Logberg Management
Ltd. acts only on the instructions of the beneficial owner.
5. Names of first directors and any officers. One director only required.
We recommend, for privacy, that Logberg Directors Ltd. be named the Director
of the Company, and Logberg Secretaries Ltd. as the Secretary of the Company.
They act only on the instructions of the beneficial owner and this guarantees
complete privacy. However, we will not provide nominee services for a
company with bearer shares issued.
6. Name of Representative Resident in the Turks and Caicos Islands (required
by Section 192(1) of the Companies Ordinance). We suggest Logberg Corporate
Services Ltd. be named.
7. Banking - we require your instructions as to where banking is to be
done and who is to be named on the Banking Resolution as the signing officers.
For convenience, many people choose the principals of Logberg Corporate
Services Ltd., as the signing officers, but this can be varied any way
you desire. If banking is to be done elsewhere than in the Turks and Caicos
Islands, please send bankers' documents for execution. If client wishes
sole signing authority on the bank account, normally we prefer not to
act as Director.
8. Brokerage Accounts - a brokerage account can be opened virtually anywhere
in the world. Usually the principals of Logberg Corporate Services Ltd.,
are given trading authority (on your instructions).
9. Annual Return (Section 187) and Annual Fee to Government payable January
every year in the amount of US$300.00 regardless of month incorporated.
10. Completion of client information form including reference letter and
ID page of passport.
Fax: 649-946-4410
E-mail: questions@TwaMarcelinWolf.com
web: www.TwaMarcelinWolf.com
Leeward Highway, P. O Box 209
Providenciales
Turks & Caicos Islands, BWI
