OFFSHORE Corporation Set Up
Our range of payment methods includes:
ACH Processing
Lower Processing Fees
With a flat fee for every transaction, ACH payments cut down on processing costs and are a great fit for businesses with large transaction sizes.
On-time Payments
With Account on File, recurring payments or future purchases are a breeze, helping to ensure you get paid on time, every time .
Secure Transactions
Electronic ACH payments pass through fewer hands than a paper check, making them a more secure form of payment. PaySimple adheres to the top security standards in the industry and uses the same security layers as government and financial institutions.
OFFSHORE Corporation Set Up
Our company in association with Legal and Law Firms provide the service for clients to set up an IBC (International Operating Company), a legal structure accepted worldwide in banking and financial community’s as a proven structure to carry on all kind of business interests.
Establishing a Offshore Company gives you the advantage that you don’t require a strong physical presence in the country of incorporation , This is achieved with the use of nominee incorporators in each country that we work with who act on behalf of the interested parties by executing the Articles of Incorporation , consulting companies, offshore manufacturing, online businesses, startups, apps and software development, licensing and sublicensing family businesses and so on are some of the Industries that will be able to take advantage of the Legal Structure
We strategically established the creation of corporations in countries where the law uses what we consider to be some of the most solid banking and corporate book secrecy laws in the world. These secrecy laws are engraved in its constitution and provides secure offshore financial center – where privacy and confidentiality is not only respected but also vigorously protected by constitutional law since 1927
The below information will illustrate the key elements of an Offshore Company:
The Capital.
There is no minimum capital or time limit within the so-called authorized capital has to be paid.
The Shares and Share Certificates.
A corporation has the ability to create and issue one or more classes of shares, with designations and preferences. Privileges, voting powers, restrictions or requisites and other rights may be provided by the Articles of Incorporation. The shares may have a nominal value but the corporation also may issue shares without par value. Shareholders identity is not registered at the Public Registry. The Corporation’s shares are always issued through private documents, nevertheless, the Resident Agent of the corporation is obliged to know at all times the identity of the shareholders. This information is for the lawyer and law firm privates files. Bearer share certificates are still valid
The Shareholders.
The shareholders constitute the supreme power of the corporation. Shareholders approval is required for: the amendments of the Articles of Incorporation; the sale, lease, exchange or disposal of capitals assets; the approval of mergers or consolidation agreements with other corporations and the dissolution of the corporation.
The Board of Directors.
Corporations require a minimum of 3 Directors / Officers, they may be of any nationality and resident in any part of the world. The management, administration, and business of the corporation are administered and conducted by a Board of Directors. The board of Directors usually are the ones in charge of the day to day control and management of the affairs of the corporation. It is not necessary for the members of a Board of Director to be shareholders or country Residents. Additionally, if expressly authorized by the articles of incorporation, it is possible for directors to be represented at meetings of the Board of Directors through proxy holders, who don’t need to be directors, and who must be appointed by public or private instrum The Directors and Officers.
Corporations must have a President, a Secretary, and a Treasurer, who are elected by the Board of Directors. The standard practice is that the same persons are appointed as Directors / Officers. For example, Director-President, Director-Secretary, and Director-Treasurer. In absence of a provision to the contrary in the Articles of Incorporation or the by-laws, such officers may be replaced at any time by a resolution adopted by the majority of the members of the Board of Directors or shareholders.
Any minutes changing the Officers / Directors must be recorded at the Registry to be legally binding.
Due to the fact that the names of the 3 Directors / Officers shall be recorded at the Public Registry, some clients prefer to have an appointed nominee board and to control the corporation without disclosing the identity of the shareholders or real owners.
The Registered Agent or Resident Agent.
Corporations must have a Registered Agent, also called Resident Agent in the Country. According to Law, the Registered Agent must be an Attorney or a Law Firm. The Resident Agent may be replaced by means of an amendment to the Articles of Incorporation.
Corporate Books.
When company operations are not performed in the territory, our law requires only a Minutes Book and a Stock / Shares Register Book, which may be kept in any part of the world and can be kept also by electronic means.
The Annual Franchise Tax.
The only payment that Offshore Corporations are required to pay annually is the Annual Franchise Tax.
Customer Support When You Need It
We offer the kind of value and personalized services your business needs to get off the ground and grow. Our merchant account support team will work with you to identify the best merchant services and payment products to fit your needs. And, whether you have a question about your merchant account, need help with chargebacks, or have a question about your statement, our representatives are ready to help 24/7.
Better Credit card Processing Starts Here
Experience the powerful products and superior service that comes with a merchant account from PNS. Get the merchant account that can help you control costs and grow your business. It all starts with a PNS merchant services account. Contact us today to learn more.
Automate follow-ups
Automatically send receipts and notifications for purchases, failed transactions, and credit cards that need to be updated. Combined with automatic billing, payment collection can be a hands free process!
Mobile-friendly messages
All notifications are mobile-friendly. Customers can access your communications and follow-up with you easily from their mobile devices.
Contact management
Download the iOS or Android mobile apps so you can pull up a customer account, and easily call or email them from the PaySimple customer profile.
High Risk Credit Card Processing
Accounts for high-risk merchants are representative of the category of credit card processing with which banks and processors are simply not interested in doing business. The High-Risk criterion could be because the potential trader has bad credit, but most likely it is attributable to a business segment for which the financial institution does not want to participate.
The cost structure for high-risk businesses usually requires a surcharge to compensate for the anticipated loss of related transactions. This means that regardless of the merchant account type (average amount, monthly volume, etc.), the fee structure and cost per transaction will be higher.
What to Know About High Risk Credit Card Processing.
Each processor defines risk differently for different types of business. For example, a trader who has been rejected by a processor may be considered, welcomed, and accepted by another.
Other potential merchants may have been rejected for the incremental risk of fraudulent charges. In contrast, there are businesses that may have less risk, but perhaps the nature of the business is inconsistent with moral values. Examples include gambling business for profit – virtual casinos, or adult entertainment, and so on.
Some processors may consider home-based businesses in this type of category (high risk).
There are also accounts for not-so-obvious high-risk merchants such as web-pagers, naturist homes, credit repair businesses, travel agencies, weight loss systems, sales pyramids, mortgage modifications that are subject to higher rates.
How to get a High-Risk Merchant Account ?
You could look for an entity outside the country that is willing to finance its transactions, but without regulation and supervision this prospect to consider still seems more risky. Alternatively, you might consider a variety of processors who take advantage of this opportunity to charge you fees that are considered “abusive.” What you need is a processor with a strong reputation and learning how to navigate the process of needs for a high-risk trader and Processing Network Solution is your partner!
At Processing Network Solution, we evaluate each application on its own merits based on a number of risk variables. Like any suggested trading account solution, the most successful solution is based on a detailed assessment of the trader’s needs. Call us when you have time and give us the opportunity to consider what our premium services will provide you with.
Transfer Through Interchange (PNS Plus)
The rates for most small businesses that require a three tier structure, which are comprised of a variety of fees. Each of these fees is categorized as “qualified,” “mid-qualified,” and “non-qualified.” This represents what the merchant pays in surcharges. Large businesses do not have this tariff structure. They simply pay a fixed fee called Transfer Through Exchange also known as “PNS Plus”, which offers you the most economical option available.
These rates are offered by the immense volume that the merchant processes with the bank. It is similar to the aggressive price structure that a company pays for insurance contributed to its employees. If the risk is spread among several, better prices can be negotiated. In this case, Customers handling Interchange Plus pay a fixed fee in addition to the cost per published processing.
However, it is not necessary to have a giant company to take advantage of our low-cost structure. Our Merchant accounts at Processing Network Solution can be an option for small businesses. In certain cases, the processor could apply a fixed cost above the base price. In others, it is possible for several small businesses to “get together” to get competitive prices from large companies. What you need, in this case, is a merchant processor that understands the process and manages to get you the best available rates.
Do your business qualify for PNS merchant account?
Let’s talk and find the best solution based on your needs and current situation. The best thing you can do is let us know that you are interested in this service. Overall, your record needs to reflect an average of $ 5,000 or more per month in Visa and MasterCard transactions.