Remember this phrase: “be compliant” whatever you do, make sure you don’t breach the law and you are not doing anything illegal. This is probably the first mistake you can make when setting up an offshore company…You register an offshore company with a nominee director and shareholder, but forget to set up a corporate phone number, to appear on your contracts, invoice and other documents. You also need to set up a proper email address under the company name and not a Google, Yahoo, Hotmail or other free mailbox ! Here are some tips for beginners, to avoid basic errors:
- Register a new e-mail on the a sensible domain related to the company (not with your personal name)
- Get a new phone number (in the same country where your offshore company is incorporated)
- Use a new company name
- Design a logo for the company
Beware! It is better to use paid services, such as www.mycompany.com, when you set an e-mail but it is never use free e-mail providers such as Hotmail, Gmail, Yahoo. For the phone number make sure to have a phone number starting with an area code which matches the country of incorporation of your company. For example if your company is UK based, get yourself a +44 Phone number.