the whole thing seems ill-considered
Dear Sir,
Requirements for converting the IBC to local company.
The required documents are listed below.
- Register of shareholder signed by director
- Letter to the registrar
- Consent to be a director
- Articles of Incorporation - we will submit on your behalf
Once the invoice is paid we will provide all these documents. You are to print them in 2 copies on deed paper, sign and send scans to us so that we may confirm that all is in order. Once that is done them we will provide you ad address for shipping the originals. The cost is USD 975.00 to include the conversion, preparation of all the documents, incumbency, apostille certification and fedex delivery.
Note that as a local company you be required to file annual financials and pay taxes based on your net profit at a rate of 25%.
Let us know if we should proceed and issue the invoice.
Best Regards
My question regarding this, that i wrote them right now:
Dear Sir/ Madam,
Thank you for your answer, the way of the conversion i only want to go, if no other choice left, i only want that IBC XXXXX fail to exists, if possible without conversion, if that not possible,
i would wind up company immediately after conversion
There are many open points yet:
1, I don't have a deed paper, I am a private person in the EU, i dont have such a paper.
2, I think, i don't can open a
bank account in any European countries and I don't want or have time to travel to Dominica.
3, Can I file the annual financials myself, if yes with which program in which form? Can I do it remotely from an EU-Country over the internet?
or must find a registered accountant, i don't plan to have any net profit.
I am waiting for your answer,
thank you,
Best regards:
They don't have any idea, how to solve the problem, and they also don't concern about to solve it.
The main problem was, that my agent in EU only inform me 17th december 2021 about the repeal act.
what was gazetted in july 2021, i know that earlier, i can get a
POA CGS a finish my work with the IBC