Banks
Questions and answers about the management:
Does a Shelf Company already maintain a bank account?
Our ReadyCo Shelf Companies already maintain bank accounts Upon the purchase of a Shelf Company, the newly appointed director would merely have to go to the relevant bank and deliver his sifgnature to the bank so that he would have direct access to the bank account.
What are the basic accounting and auditing requirements, which have to be adhered to? Is it possible to apply for tax exemption? What is your fee schedule for these services?
The company would be obliged to file its annual accounts (profit & loss account and balance sheet) on an annual basis. The work generated in maintaining bookingkeeping would be minimal for the time that the company does not undertake any real business. No general rule for tax exemption for new companies exists, but as far as no profits are generated no income tax and no local tax will be charged. Fees for bookkeeping depend on the number of business transactions; a simplified annual account and tax declaration (when no business is undertaken) should not exceed 1.500 EUR.