The Basic Steps For An Individual To Register An Overseas Company
Cayman Islands
Registered company
For example, the general steps are introduced in detail.
Step 1: the client will provide the name of the company to be registered, and the agency will conduct a name query at the Cayman Islands Company registry to confirm whether the name is available.
The name of an overseas company may be used in English or in both English and Chinese, but the name of the company is not repeated with the name of the registered company.
The second step: After deciding if the company name can be used, it will sign a power of attorney, an agreement and pay the service fee for the agent to register the overseas company.
Third step: after the successful payment of agency fees, the overseas companies began to prepare the articles of association and articles of association and the following documents:
(1) letter of appointment of the first director of an overseas company
(2) consent to be a director's notice of an overseas company
(3) other appropriate documents of overseas companies, such as shareholders' register and director's register.
Every successful registered overseas company has its own company.
Constitution
The outline and articles of association include English and Chinese versions.
The articles of association require the name, address, purpose of the company, the limited liability of the member, and the number of shares that the company intends to register.
Fourth step: through the agency, the first year government licence fee will be paid to the Cayman Islands overseas company registry after the proposed articles of incorporation are submitted to the Cayman Islands overseas company registry, and the registry will review the relevant documents. If there is no problem, the registration certificate of overseas companies will be issued on second working days.
Fifth step: registration certificate is issued by overseas registration office.
Agent
Receive a certificate.
The sixth step: to collect the registration certificate and relevant documents of overseas companies:
(1) articles of association of overseas companies and articles of association of overseas companies
(2) an overseas company's metal seal, engraved with the form of a company that can be read, is used as the seal of the company to sign the contract.
(3) a offset printing engraved with the name of overseas company and the word "representative company".
The company's senior personnel use the seal when they sign a business contract.
(4) a legal record book of an overseas company which records information and documents such as directors and secretaries, members' registers and minutes of meetings.
(5) overseas companies issue shares to share subscribers.
(6) convene the first board meeting to deal with various matters of overseas companies, such as leasing offices and opening bank accounts of overseas companies.
The seventh step: when receiving the registration document, when the document is received, the client will sign the document after the specified document, and the agency will copy the signed documents and keep it in the archives.
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