If you want to or need to add a new shareholder to your Offshore Company the process is simple and streamlined.
To add an additional shareholder/s for/to an IBC/Offshore Company:
(a) You will need to tell us the name and address of the new shareholder and how many shares, and of what value and what kind of shares are to be issued to that person/entity (eg please issue 1,000 ordinary shares of one USD each to Mr John Smith of 1 Jones Street Jonesville, NY, USA)
(b) You will need to provide us with KYC (ie Certified Proof of ID and residential address) per the requirements for/as regards the proposed new shareholder
(c) We would need the Director/Chairman of the Company to sign s a Change of Shareholder minute/resolution.
(d) A new share certificate will need to be issued
(e) The share register will need to be amended
(f) A share subscription form will need to be drafted and signed by the new shareholder.
(g) We will also need the requisite fee settled in advance. See details below.
Procedures Once Documents Have Been Received
Once OCI’s fees have been settled and we have received the original (or certified copy) of the signed resolution and the original share subscription form duly signed, within 72 hours we will:
(i) email you (and prepare for couriering to you) the new share certificate/s; and
(ii) upgrade the Company’s Share register to note the new shareholder’s name; and
(iii) email you a Lawyer certified true copy of the upgraded Share register plus a new Certificate of Incumbency (if required); &
(iv) (the same day) package and take the above docs to DHL (or to the post office for airmailing as you may prefer) for dispatch by courier to you with the next available flight to your region.
Cost of attending to Change of Shareholder inclusive of the above is from $375 per shareholder inclusive of provision of Certificate of Incumbency if required (cost of courier if required is extra).
NOTE: If the new shareholder is a Company we’ll also need proof of the Company’s Incorporation + confirmation that the Company is in Good standing (eg a Certificate of Good standing issued by the Company Registry in the country wherein the Company is incorporated) + KYC per the requirements for the shareholders & directors (& beneficial owners) of the new shareholder Company.
Would you like to know more? Then please Contact Us:
info@offshorecompaniesinternational.com
DISCLAIMER: OCI is a Company/Trust/LLC/LP/Foundation Formation Agency. We are not tax advisers or legal advisers. You are advised to seek local legal/tax/financial advice in regards to your local reporting/tax requirements before committing to set up or use an Offshore Company or other entity.
