Company “Andumpark Limited” is registered in UK in 2003, and since that date main company’s activities are legal entities registration, tax consulting, accounting and legal services. Company’s business is located in Vilnius, Lithuania.
From the beginning company worked as registry agent of Canadian, Cyprus and UK law firms, and over 500 clients have been serviced successfully until present. Main registry jurisdictions are UK, Hong Kong, Cyprus, Lithuania, Latvia, Estonia, Slovakia, Poland and some others. In addition to registry and accounting services, company also provides some legal service, linked to migration and temporary residence obtaining to customers, who are investing in EU (mostly Baltic States).
Big part of activities contains to banking, such as account opening, daily operations, bank products distribution and preliminary consultations. Company already has signed agent agreements with banks in Baltic States, EU and Carribean. Some other regions are accessible through partners of the company.
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We register companies in european union and foreign countries. We choose the most suitable jurisdiction instending of the customer’s business schemes. Also we can provide annual renew of companies regisration and legal support services.
Customer can choose nominee service:
Yearly account filling and signing
Director registration in countrie company registry
Shareholder registration in countrie company registry
If it necessary, we can provide additional services:
Certificate of good standing
Certificate of incumbency
Annual report to the tax service
These services are provided on the following terms:
1) Customer guarantees, that provided them contact information is accurate and complete;
2) Customer undertakes that the Company will not be engaged in any illegal activity;
3) The financial liability of Customers registered companies can’t be transferred to the JSC “Andumpark Limited”;
4) Customer undertakes to pay JSC “Andumpark Limited” under invoices presented;
5) Customer is responsible for the documents authenticity and legality.
Dominica is an independent member of the Caribbean nation, a member of the Commonwealth. Dominican territory includes registered classical law firms, as well as foreign banks, companies and funds. Dominican legislation is part of the Commonwealth of the United Kingdom, its legal system is based on the English law (since 26 June 1996, the IBC Law).
The company can carry out various activities and is exempted from all taxes for 20 years;
Jurisdiction of the non-profit enterprise and annual support;
A steward, director and shareholder (only one person can use) can act as residents of any country in the world;
Full confidentiality, directors and shareholder names are not issued; they are registered only by the registration agent;
Dominican company does not require a report;
The minimum legal capital requirement is unnecessary.
Required to have a registered address on the territory of the country;
There is no need to have a company secretary;
Banking, insurance, reinsurance and custody activities require licenses;
Company shares may be nominated or issued to the issuer.
Saint Vincent and the Grenadines are an independent state of the Caribbean Islands. Capital - Kingstown. Status of the Independent State since 1979, as part of the British Commonwealth (formerly British Territory). Member of the Commonwealth of the United Kingdom.
Contemporary legal acts based on the International Business Law Act (1996 International Business Laws).
Cheap company jurisdiction and annual support;
Active foreign investment support to the state;
Stewards, directors and shareholders may be residents of any country in the world;
All known share issuance is allowed;
Does not require a minimum amount of statutory capital;
Not required to provide financial and tax report;
Information about the shareholders and the director is disclosed.
Companies are exempt from tax for 25 years from the date of registration. This exemption is certified by an appropriate certificate issued to the companies registered person in Saint Vincent and the Grenadines.
Mandatory registered office location (this information is public, as well as the availability of Saint-Vincent resident agents);
It is necessary to declare the statutory capital;
Meetings can take place in any country, how shareholder and director will decide;
Currency exchange control is not available.
The Isle of Man is one of the most popular business locations and an international financial center, a guarantor of investment protection. This island is connected with its closest neighbors, with the rest of the world, excellent air and sea, postal and telecommunication lines.
The Isle of Man is a "classical" jurisdiction abroad. This means that it is possible to register companies that do not pay taxes and are relatively inexpensive to maintain. On the island of such companies are exempt companies (Exempt Companies or EC), international limited liability companies (ILLC).
The announced capital is GBP 2 000;
The registration agent and the registered office are required;
The minimum number of shareholders is one. The minimum number of directors is two (only phisical persons, one desirable, local resident). Information about the shareholders and the director is in the public register;
The annual report should be submitted annually;
The financial statement should be available at the registered company address;
Financial shares for presenter are not recommended.
Limited Liability Company (LLC)
Declared minimum legal capital of GBP 2 must be paid;
The registration agent and the registered office are required;
The minimum number of shareholders is two. The minimum number of directors is one (legal or natural person of any place of residence). Information about the shareholders and the director is in the public register;
The annual report should be submitted annually. The financial statement should be available at the registered company address;
Invalid shares are not allowed.
0% for non-taxable entities (EC) and multinational limited liability companies (LLC). All companies registered in the Isle of Man must pay an annual fee to the state register,
18% by paying a dividend or interest to a resident bank of the Isles Bank.
If you are going to do business on the Isle of Man, you need to know that the slightest discrepancy with the company's statutory deadlines, the lack of proper documentation, and the failure to report is automatically notified to the authorities and fined without penalty.
The Republic of Singapore is an independent state and has a stable political system. The stability of the political system has given Singapore a regional and global financial center.
The Singapore tax system creates a favorable environment for attracting foreign investment. However, as a member of the Financial Action Task Force (FATF), Singapore is required to carry out counterfeiting measures (money laundering) as a crime offense.
Trading and Investment Center in Asia;
Singapore is subject to very strict privacy laws;
Compulsory payment of the statutory capital is not required;
Allowed nominee directors and shareholders.
According to the law, 18 percent profits earned in Singapore are taxable. However, the actual tax rate can be significantly reduced (up to 15% or even less) for an activity subject to a set of tax incentives. If the profits made abroad are not transferred to internal accounts, it is not taxable.
Presenter shares are not allowed, only nominee are issued;
Must be a local qualified secretary who knows the specifics of the administration of the document in accordance with the laws of Singapore and the local registered office;
One of the directors must be a resident of Singapore (not authorized directors - legal entities);
The company has to appoint an auditor and present annual financial statements. At the same time, companies with a turnover of less than $ 50 million per annum may be exempted from mandatory audit and reporting requirements;
The list of people is open.
As Singapore does not sign the Hague Convention on Apostille, the legalization of documents should be carried out in accordance with the following steps:
Singapore Academy of Law;
Consular Department at the Embassy of the Republic of Lithuania, where the documents will be sent.
Hong Kong is a Chinese administrative unit located in the southeastern part of the country. Hong Kong inherited from the British Anglo-Saxon system of rights. The Chinese government has guaranteed that by 2047 Hong Kong's political and tax system remains unchanged. Now Hong Kong is an international financial center and a tax haven that attracts business from around the world.
Hong Kong is considered a legendary Asian financial center;
There is no requirement to pay the statutory capital, the Hong Kong equity capital is $ 10,000. Minimum share capital - two shares face value;
At least one director is required, the details of the director are kept in the public register. The director's nationality or place of residence has no restrictions.
Corporate directors are allowed. Do not appoint board of directors;
At least one shareholder is required, the details of the shareholders are kept in the public register. Corporate shareholders are allowed, anonymity is considered using a nominal service;
Hong Kong does not have currency exchange controls.
The main tax principle in Hong Kong is the territorial tax collection, which means that the Hong Kong company does not charge a tax if it operates outside of Hong Kong and, accordingly, the company's revenue source is not in Hong Kong.
16.5% - Income tax on Hong Kong.
Dividends are not subject to income tax. Non-residents do not qualify for a dividend payment.
All Hong Kong registered companies must submit their annual activity reports to the national regulatory authorities;
The secretary's appointment is a must-have condition. Personal secretary must be a Hong Kong citizen. The secretary is responsible for the management of the accounting records and the activities of the companies comply with all the requirements established by the law;
Hong Kong company documents, meeting minutes and annual tax returns must be kept at the office;
Presenter shares are not allowed;
Information about directors and shareholders is open.
Canada is not fundamentally offshore. It is a modern and respected global business community with modern and advanced laws. Canada has the characteristics of a typical taxation system, and for this reason, any business structure established on the territory of the country is a business tool for paying taxes in accordance with the law.
Joint Stock Companies Laws from 1931 to 1993 Law on Companies of 1996 Canadian Business Corporation Law (CBCA).
Prestige and a high reputation of Canadian legal entities around the world;
Opportunity to open an account at a Canadian bank;
Possibility to obtain a residence permit;
A director and shareholder may be one person (resident in any country);
There is no minimum statutory capital requirement.
Federal corporate income tax (federal tax) - 11-16.5%. Local provincial fee depends on province.
Under Canadian law, all legal entities must have a legal address in their territory. The legal address is acquired and approved by concluding a lease agreement with the lessor;
An annual report is due;
Make financial statements available;
New Zealand is known as the standard level of taxation, so it has a good image between business and official institutions and is not included in the "black list". New Zealand is proud of its established commercial infrastructure, communication and high-quality professional services, including banking.
The law of a country allows non-residents to establish themselves in New Zealand without taxing such an entity, its manager and beneficial income if the company does not invest in New Zealand.
Changes in New Zealand Laws
2013 June 30 In New Zealand, the law on combating money laundering came into force. In this regard, the information on the legal address, the director and the shareholders is accountable and must be submitted to the Department of the Interior.
Please note that these changes also have an impact on the registration of the company: now, each New Zealand company must have a resident director. Companies that do not replace the director in 6 months have been wound up.
Human activities in New Zealand are governed by the 1993 Law of Human Rights - 1993 Companies Act.
Responsibly, New Zealand has never been included in the offshore inventory;
High level of legal and banking services;
There is no requirement for payment and minimum legal capital;
There is no currency exchange control.
The resident corporate income tax is 33%. A non-resident company also charges 33% if it receives income for its business in the territory of the country. But if the company does not do business in New Zealand, it will be exempt from tax. This fact can be applied to tax planning.
Required by the annual financial report. Reporting about a non-resident company is not provided and the audit is not carried out;
An annual audit is mandatory if more than 25% of the shares are held by non-residents or most of the directors are New Zealand non-residents;
The minimum number of shareholders and directors is one. Shareholders can be natural and legal persons of any place of residence and citizenship. Directors are exclusively persons of any resident and nationality;
Registered address and address - must be in New Zealand;