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Change Agent

When you first incorporate an offshore company, you start with tax planning and legal matters. This does not mean you will not have any issues in the future. Issues may not just be related to finances, they may relate to supporting, maintaining and advising your company from year to year and dealing with some matters during the life of your business. You have to choose the proper provider or registered agent to serve your offshore structure during its lifetime.

In case your company already had the Registered Agent but you do not like the way they support the company, they cannot provide the request services. You are not happy with your choice and you want to change, you want to choose another one, if so, we can help you change the Registered Agent (or Secretary).

Step 1

Provide us with your current company documents and a resolution (as our checklist required) to change your local agent/secretary company.

Step 2

Pay for the services you ordered.

Step 3

Details of the new local agent or secretary company will be updated on the government system within 1 to 3 working days, depending on the jurisdiction.

Jurisdiction Type of Company Services fee Time frame
Hong Kong Company Limited by Share (recommend) US$ 799 2-3 weeks
Company Limited by Guarantee US$ 799 2-3 weeks
BVI Business Company (BC) US$ 769 2-3 weeks
Singapore Exempt Private Limited Company (Pte.Ltd) US$ 799 2-3 weeks
Public Limited Company US$ 1,500 2-3 weeks
United Arab Emirates (UAE) RAK IBC US$ 1,299 2-3 weeks
RAK Free Zone US$ 1,999 2-3 weeks
Dubai Free Zone (DMCC) US$ 1,500 2-3 weeks
Ajman Free Zone US$ 1,799 2-3 weeks
Local Company (Commercial, Trading Or Professional License) US$ 1,500 2-3 weeks
Local Company (General Trading) US$ 1,500 2-3 weeks
United Kingdom (UK) Private Limited US$ 534 2-3 weeks
Public Limited US$ 534 2-3 weeks
LLP US$ 534 2-3 weeks
Delaware, USA Limited Liability Company (LLC) US$ 549 2-3 weeks
Corporation (C-Corp or S-Corp) US$ 549 2-3 weeks
Seychelles International Business Company (IBC) US$ 439 2-3 weeks
Belize International Business Company (IBC) US$ 709 2-3 weeks
Limited Liability Company (LLC) US$ 800 2-3 weeks
Marshall Islands International Business Company (IBC) US$ 699 2-3 weeks
Limited Liability Company (LLC) US$ 950 2-3 weeks
Samoa International Company (IC) US$ 799 2-3 weeks
Labuan, Malaysia Company Limited by Shares US$ 1,500 2-3 weeks
Vanuatu International Company (IC) US$ 1,319 2-3 weeks
Vietnam Wholly foreign-owned LLC (100% foreign-owned company in Vietnam) US$ 499 2-3 weeks
Partly foreign-owned LLC (The Vietnam joint venture company) US$ 399 2-3 weeks
Gibraltar Private Limited by Shares US$ 1,099 2-3 weeks
Malta Private Limited Liability Company US$ 1,749 2-3 weeks
Cyprus Private Limited US$ 1,599 2-3 weeks
Netherlands Limited Liability Company (LLC) US$ 1,500 2-3 weeks
Switzerland Limited Liability Company US$ 1,500 2-3 weeks
Stock Corporation US$ 1,500 2-3 weeks
Sole Proprietorship US$ 1,500 2-3 weeks
Liechtenstein AG US$ 1,500 2-3 weeks
Anstalt US$ 1,500 2-3 weeks
Luxembourg Soparfi Holding US$ 1,500 2-3 weeks
S.A.R.L: Private Limited Company US$ 1,500 2-3 weeks
Cayman Islands Exempted (Limited by Shares) US$ 1,629 2-3 weeks
Limited Liability Company (LLC) US$ 1,950 2-3 weeks
Anguilla International Business Company (IBC) US$ 739 2-3 weeks
The Bahamas International Business Company (IBC) US$ 1,099 2-3 weeks
Panama Non Resident US$ 999 2-3 weeks
Saint Vincent and the Grenadines Limited Liability Company (LLC) US$ 999 2-3 weeks
Saint Kitts and Nevis Nevis Business Corporation (NBCO) US$ 1,000 2-3 weeks
Limited Liability Company (LLC) US$ 1,000 2-3 weeks
Mauritius Global Business License (GBL) US$ 1,500 2-3 weeks
Authorised Company (AC) US$ 1,090 2-3 weeks
FAQ’s

We Are Here To Help You With

Yes. Change of Agent is a fairly standard procedure for IBC`s. It can be done by requesting the current Registered Agent to resign and pass the administration of Your offshore company to another licensed Registered Agent. Such request should be provided in writing. All reputable Registered Agents would honour such request without question. Although legally the change of the Registered Agent is pretty straightforward, those clients, who act in bad faith (for instance, trying to avoid the payment of confirmed and past-due company renewal fees) will encounter difficulties. Quite simply, they may not find a single Registered Agent willing to accept the administration of their company.
The new registered agent has to prepare the following forms.
  1. Shareholder’s resolution mentioning the change of registered agent.
  2. Change of registered office signed by the director/shareholder.
  3. Notice given to the old agent about their resignation and submitted to the local authority.
Apart from the trust declarations from the nominee shareholder, you can get a similar undertaking from the nominee director. As an alternative, the nominee director can issue an undated resignation letter, which can be executed by you at any time, thus removing the director from office with immediate or past effect. Finally, if specifically required by the circumstances, a detailed and specific company management services contract may be drafted and concluded between you and the registered agent (who would also represent all nominees involved).
No. The only ones who have power of decision are the shareholders, proxies and directors, depending on the specific case. The registered agent will only be in charge of registering all the acts made by these parties.

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