Offshore Ltd

Offshore Ltd | What Are Articles of Incorporation?

Offshore Ltd: Articles of incorporation are the foundation stones of a company & are its legal framework

Offshore Ltd: Articles Of Incorporation Are Not Standard And Vary By Jurisdiction

Offshore Ltd companies are sometimes constrained in their articles based on guidelines of the jurisdiction they are being incorporated in.

Offshore Ltd: Legal framework

Articles of incorporation are the foundation stone of a company and later on are used as a legal document of the company just like the constitution of a country.

Not only do they serve as a legal framework, they are also used for shaping the policies of the company, the way its management needs to be handled and how it is supposed to run the company.

These articles of incorporation are filed with the offshore jurisdiction registrar of companies.

Offshore Ltd: Get a free quote now by filling in the box on the right and discover what are  articles of incorporation

Offshore Ltd: Sample

Sample articles of incorporation offshore are easy to find, but, are not necessarily right for you primarily because each is made uniquely for a specific corporation. No matter what type of articles you are looking for, a lot depends on the type of business and jurisdiction the offshore company is registered in.

Offshore Ltd: Points that are included

Below are points that articles of offshore incorporation generally include. However it is best to discuss them with your offshore company registration agent.

1. The offshore company’s name: There are restrictions on some names depending on the jurisdiction. The name should be unique when compared to the names of other offshore limited companies under the same authority.

2. Purpose of the offshore limited company: The next article can be the purpose of corporation. The purpose can be charity or anything but generally there is an explicit mention that it’s for any lawful purpose.

3. Board of directors: In some countries the law requires at least one, in other areas you might have to give three or five names. In some offshore jurisdictions they require local directors.

4. The date of the existence of the corporation

Offshore Ltd: Get a free quote now by filling in the box on the right and discover what are  articles of incorporation

5. The primary address of the main office of the corporation

6. Limitations if there are any. Some corporations like to bind their directors/employees and the corporation itself to refrain from few activities.

7. The number of shares that the offshore company will issue and the par value of each share.

8. Declaring employees and directors of the corporation exempted from the debts and liabilities of the corporation

9. Policies about dividends or any committee to be formed in the corporation.

10. Naming of a registered agent

11. Date and signature of all the concerned people accepting that they have read, understood, accepted willingly all the Articles of Incorporation and will do their utmost to act on it.

Offshore Ltd: Get a free quote now by filling in the box on the right and discover what are  articles of incorporation

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Offshore Ltd was last modified: June 8th, 2019 by Manu Raj

Manu Raj

Has a positive attitude towards the job, is friendly and a team player.

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