Holding
The holding - a perfect instrument for administration and tax reduction.
We are pleased to be able to offer the facility of holding companies to our clients. The holding company is the preferred option for many businesses that wish to minimise risk, reduce taxation and effectively manage sister companies. There are three types of holding companies:
Operational trading holding
This type of holding is conducting actual business and has usually grown from a regular corporation that has needed to outsource its work to its own sister companies due to expansion. The disadvantage of this type of holding company is that as the main holding company is still continuing to conduct daily business it will always face the possibility of claims or bankruptcy. Should a bankruptcy occur all the sister companies will also be deemed bankrupt. Due to the high risks associated with this type of holding WSR do not recommend this service to clients.
Asset management holding
The asset management holding purchases shares in other companies that it feels will make a profitable return. It will actually trade in shares and has no actual personal connection or activity with any of the companies from which it purchases shares. The asset management holding only has interest in increasing profits on share values.
Management holding
The management holding is a mixture of an operational holding and an asset management holding. It mainly holds and manages the shares and assets of its own sister companies but does not conduct business itself. The management holding company is the preferred option for the expanding business that may wish to separate different parts of its business into different sister companies. The holding can provide loans and services to the sister companies and the sister companies can benefit from the existing organisational structure. But a bankruptcy of one of the sister companies will not affect the holding. The profit of the sister companies can be transferred as dividends to the holding which is registered offshore and has no taxation.
Advantages in forming a holding
Liability may be reduced to just one of the sister companies |
Bankruptcy claims do not affect the main holding company |
Dividend payments to the holding company are free from taxation |
Any earned income derived from the holding company may be reinvested without taxation |
Sister companies of the original holding company benefit from the organisational structure |
The registration of a holding is based on the following fees:
formation of a holding including: |
2.900,- Euro
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name check
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preparation of memorandum |
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preparation of articles |
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preparation of registration forms |
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filing with the registrar of companies |
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payment of filing fees |
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certificate of incorporation |
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share certificates |
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premium binder with all certificates |
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minutes of board meetings |
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resolution to open a bank account
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resolution to rent an office |
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resolution to appoint a company lawyer |
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resolution to appoint an accountant |
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employment agreement |
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employee nondisclosure agreement |
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employee invention agreement |
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unlimited power of attorney |
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limited power of attorney
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sales contracts
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register of directors
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register of shareholders
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CD-rom with business forms and templates |
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shipping |
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Fees holding |
2.900,- Euro
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If you experience problems opening the order form,
please call customer support at .
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You can add the following services to your holding:
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optional | additional services |
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premium binder with all certificates |
included
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nominee service through lawyers |
490,- Euro
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Information:
For the highest level of privacy protection we offer a lawyer as nominee director who issues a power of attorney for you. This ensures that your personal information is not submitted to any authority. Only lawyers are able to provide this level of protection. Watch out when comparing with other offers.
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optional | virtual offices |
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standard virtual office at a reduced rate per year |
190,- Euro
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professional virtual office at a reduced rate per year |
990,- Euro
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Information:
Both virtual office services include a prestigious address with phone and fax numbers. The standard Edition will direct calls to an answer machine with your company greeting and recorded messages are then sent via Email. The professional Edition includes permanent live call forwarding to any number world wide.
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optional | bank account |
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offshore Banking, Europe, Latvia |
290,- Euro
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offshore Banking, Europe, Isle of Man |
290,- Euro
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offshore Banking, Europe, Cyprus |
290,- Euro
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offshore Banking, St. Kitts |
290,- Euro
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offshore Banking, Seychelles |
290,- Euro
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Information:
Our account opening service offshore Banking offers feature rich business checking accounts. The accounts offer multi currency service, phone banking, internet banking, cheques, ATM- and credit cards. There is no check on your credit history. Offshore banks offer the highest level of privacy protection and are tax free.
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optional | add-ons |
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creation of a company logo |
49,- Euro
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company rubber stamp |
49,- Euro
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company seal |
49,- Euro
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company name plate |
49,- Euro
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Recurring fees from 2nd year on |
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renewal |
1.900,- Euro
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incl. maintenance |
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incl. registered office |
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incl. registered agent |
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incl. offshore flat tax |
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You have further questions?
Our consultants will be pleased to assist you!
Whitherspoon, Seymour & Robinson Corp.
Division United Kingdom
Customer Care Center
United Kingdom
Office hours: Monday to Friday (UK time)
9.00 am to 12.00 noon and 1.00 pm to 6.00 pm
Phone:
Fax:
For new enquiries please use the contactform or .
Existing clients can best reach us through the online support.
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