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Offshore Company common interpretation of the word
2016/1/12 17:56:30

Offshore Company common interpretation of the word

1, subsisting certificate (Certificate of Good Standing)
Following the deposit certificate (the certificate has become a good reputation), the Department of State by the offshore company registered government or registered agent issued by legal documents to prove that the company is not in liquidation proceedings, or the company does not revoke the registration. If the company is not in valid existence, you can not have any legal act outside.

2. Incumbency certificate (Certificate of Incumbency)
Incumbency certificate, also known as the current certificate of directors, the Department verified offshore company registration date, registration number, register of directors, secretaries why people, capital, capital, shareholders and so on. Proof of service of the general director of the Registry of the registered agent is authorized to issue.

3, Acting Director of shareholders and proxies
Laws of certain countries require companies incorporated in the local directors and shareholders must submit information to the company registration management, then, the authorities will archive such information, and such information is disclosed, for public inspection . Some investors or operators in order to achieve the purpose of hiding the identity of, so to appoint another person (friend or relative of the companys class or professional institutions) as a director and shareholder of the post, so that only the data to be appointed who will appear in the above the companys legal documents and open for public inspection. Such appointed person is called a proxy shareholder and nominee director, nominee shareholder and also called on behalf of any of the directors.

On proxy shareholder, in order to protect the interests of the real owners of the company, in the official appointment, the two sides will sign a trust agreement and advance the signed share transfer books, etc. As a result, the company true owner can at any time to prove their identity. Moreover, when it deems it necessary, you can always put themselves or transferred to a third party designated proxy shares.

 

Acting director purposes, the two sides also signed agency agreement, and that the agent has to be the true owner of directors in accordance with the company (ie shadow directors) of the instructions to act, and therefore the interests of the real owners of the company to obtain the guarantee. Of course, in order to protect the interests of agents of directors, the company true owner (shadow directors) need to sign an undertaking not make guarantees Acting Director damaged.

4, registered shares
Bearer shares refers to shares recorded in the shareholders register the names of face value and shares of the company shareholders equity. Shareholder rights attributable to shareholders of record; money is not necessarily a paid subscription shares; let convey relatively complex or restricted; easy to report the loss, relatively safe.

 

5, bearer shares (Bearer Share)
Bearer shares refers to the face in the stock and shareholders are not recorded in the company register of the names of shareholders equity. Bearer shares, also known as bearer shares, it is compared with bearer shares, it is determined not in terms of shareholders rights and so on, but the way in the stock records. Bearer shares issued upon the general left stub, which is formally divided into two parts: one part is the stock of the subject, describes the companys matters, such as the number of shares and other company name, stock represented; the other is dividend votes for carrying out the capital increase and the exercise of the right to the dividend settlement. Bearer shares attributable to the equity shareholders of the rights holders; require fully paid the subscription shares; transfer is relatively simple; poor security.

6, there are denominations stock
There denominations stock refers to record a certain amount of shares in the stock par. This record amount is also known as the face amount, par value or par value. There denominations stock can clear each share represents the proportion of equity; and provide a basis for determining the issue price of the stock.
7, no denomination stock

No denomination refers not record stock on stock par value shares. No denomination, also known as the proportion of stocks or stock share stock. No denomination stock is not without value, recorded as a few parts per total number of shares of capital stock or in the face; the issue price and flexible; easy to split.

 

 

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