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In addition to the compulsory costs, a number of optional costs may also be incurred in the course of the establishment and subsequent operation of the company. The optional costs which may be incurred cover the following services:
- bookkeeping, audit fees,
- remuneration payable to nominee directors and/or owners,
- fees for the provision of Power of Attorney
- fees for the provision of Certificates of Good Standing, copies of incorporation documents, etc.
The use of these services is not compulsory.
- Who do we call nominee owners and nominee directors?
- When and why is it practical to use the services of the nominee owner and the nominee director?
- What annual maintenance fees are involved in the operation of an offshore company, and why is it important to pay them?
- What is a Certificate of Good Standing?