Before the offshore company formation it is very important to understand all the types of the companies, as this will really help a lot in the formation of the offshore companies. There are several types of companies which include company with a share capital, company which is limited by guarantee, Hybrid Company and protected Cell Company. Companies that have a share capital normally issues shares to raise the capital for the formation of the company. Each company has different rules for these shares; they can be sold out or can be transferred to someone else easily. All the shareholders will enjoy the profit of the company.
If the members of the company pay a maximum limit for the formation of the company then the company is limited by guarantee...Read More