The consequential costs for the offshore company, the subsequent years for the further operation of an offshore company, are often not shown or described in detail or not at all on the Internet. This can have several serious as well as dubious reasons.
We have therefore put a lot of thought into how to show and calculate the effort and the costs involved in a fair, serious and transparent way.
Theoretically, the follow-up costs should therefore be the same as in the year of foundation, i.e. € 1399.00 for us, and thus also for the following years. The effort of renewal is about the same as for the foundation, so we have to reprocess various documents, ask the client for his current place of residence (proof of address), request a current consumption bill from him and provide proof that his business activity has not changed.
You also have to apply for renewal at the registration office, here in the Seychelles, so that they know that the offshore company will continue to operate for the next 12 months.
In addition, we provide an address for a further 12 months, take over the postal service which consists of screening and scanning incoming mail and informing the client of its contents.