1.Do I need to be physically present while opening a bank account?
This will depend upon the rules and regulations of the bank. Most of the banks are okay with opening a bank account via correspondence, but in case of specific banks, you will have to be present.
2.What services will a nominee director perform?
A nominee director can be used if the client is unable to meet the local requirements. The name of the nominee director will be mentioned in all the necessary documents of the company.
3.How can I pay for the registration of my offshore company?
You can either pay by bank transfer, credit card. You can even come to the office and pay by cheque or by cash.
4.Who is a Nominee Director?
A nominee director is a person whose name will be mentioned in all the documents of the company.
5.Do I need to be physically present while opening a bank account?
This depends upon the rules and requirements of the bank.
6.Does opening an offshore company mean that the bank account will automatically open?
No, for opening a bank account you need to mention the requirements of the company in the form.
7.Can any company apply for its dissolution?
8.Can you select the company’s name?
Yes, but the name should not already be in use by any other company.