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Offshore Electronic Commerce Solutions:
Elan Corporate Services Ltd. is able to provide a comprehensive
offshore e-commerce turnkey solution for cross-border businesses.
Depending on the nature of your international operations, Elan can offer
custom service packages that include:
Hosting and maintaining web sites running on a server in Tortola (BVI).
Providing facilities for secure transactions and online catalogs.
Opening offshore bank accounts with merchant facilities.
Providing online sales and marketing support, including web site development.
Providing domain name registration for the BVI's top-level domain (.vg)
Providing complete corporate services, including company formation.
Elan Corporate Services Ltd. and its affiliated BVI law firm,
Hewlett Beck & Arad,
have been engaged in discussions with
Cable & Wireless and the British Virgin Islands Government to
position the Territory as a Global Center for Electronic Commerce.
Although many initiatives are currently under development, the following
services are currently provided at the following rates:
COMPLETE WEB SITE HOSTING (ANNUAL FEE): US$1,180
(Additional services, such as custom programming, graphic
design, special software configuration, general web development
and consulting, search engine placement and secure site configuration
are provided at hourly rates of US$45-$150. Please contact us with
your plans to receive a more accurate pricing quotation).
The above fee includes:
Registration of your domain name of choice (.vg or other).
5MB (MegaBytes) of BVI web server or database server space.
Up to five e-mail addresses under your chosen domain name.
Web tracking software services to monitor your site traffic.
General maintenance services including troubleshooting.
All normal disbursements, including fax and phone charges.
COMPLETE INCORPORATION AND 1998 ANNUAL FEE: US$1,360
(Assumes standard authorized share capital on
incorporation of US$50,000 or less; any amount beyond
this attracts a higher BVI capital duty. Share capital is
not necessarily a representation of company value, although the
issued share capital cannot exceed company value. International
Business Companies in the BVI are tax-free, while Domestic
Companies pay a 15% income tax). The US$1,360 fee includes:
Government incorporation and first year's fee of US$300.
Provision of 1998 registered office and registered agent.
Company name availability confirmation and reservation.
Occasional telephone answering, mail and fax forwarding.
Printing and delivery of up to twelve share certificates.
Printing of up to five copies of all corporate documents.
Minting of the company seal (each additional seal is US$50).
Preparation and filing of the first board minutes.
International rush/priority document delivery (FedEx or DHL).
All incidental telecopier, telephone and clerical service charges.
Currently, Elan and
Hewlett Beck & Arad are developing a separate
web site, tentatively titled Offshore & Online, highlighting the
practical, legal and tax rationale for companies utilizing the
Territory. In addition, Year 2000 issues may come into play soon,
given that both the electricity and phone companies in the British
Virgin Islands expect
to be compliant this year. For more information, please
contact us
with your proposed e-commerce business details.
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