Organizations, both onshore and off-shore, need to resort to annul renewal services for staying compliant with the region-specific guidelines. In most cases, annual renewal isn’t a taxing process but companies fail to adhere to the same on time. Failing to comply with annual renewal attracts penalties or even permanent termination from the registers.
At IMC, we make sure that all the formalities, related to annual renewals are taken care of. We handle agent services and allow companies to breathe in peace, without having to worry about renewal reminders. Our professionals duly monitor every corporate documents and company register while enlisting every service that requires renewals. Not just that, our services are relevant to the evolving regulatory landscape which means that we take a note of the changing fee structure associated with renewals and even the new set of documents that might be required to initiate the same.
Most offshore firms register themselves according to the regulatory guidelines of a particular jurisdiction. In most cases, the registrations attract a one-time fee but are subject to yearly renewals. Annual renewal is a process where the company maintains its stand in the concerned financial hierarchy and acknowledges its presence.
The inability to renew the company registration attracts massive penalties. However, if the company fails to respond to the reminders and doesn’t renew even after that, even delisting is possible. Besides penalties, there are several risks of frozen bank accounts and even legal summoning from the authorities.
We make sure that it doesn’t even come to the reminders. At IMC, we offer a pretty holistic approach towards handling annual company renewals. Our approach is watertight and concrete which takes care of every managerial and administrative aspect related to renewals. We offer an accessible interface to the organizations where they can constantly monitor the health of the firm while managing payments for the renewal process.
Region-specific government and concerned authorities constantly modify the organizational and financial guidelines to help them stay relevant. With the international financial circuit continuously encountering changes, the annual renewal of the registration becomes all the more important, especially to check and maintain relevance.
IMC understands that renewals keep the firms in the good books for the government. Moreover, to keep the business and the concerned bank account intact, it is imperative to renew the listing. We take care of the renewal dates which are different for each jurisdiction and make sure that all the documents are submitted before the stipulated timeframe.
Lastly, we also enlist, store, maintain and retrieve all the necessary documents that are necessary for a hassle-free renewal.
Book a consultation appointment with our professionals now.
Book a consultation appointment with our professionals now.
Best Consultant to set up company in Singapore. Excellent team of People. Perfectly oriented and guided by team. Best in the country as well as business.
We have been taking IMC service more more than a year now. They have been completely professional in their approach and they give us an overall perspective for each query we have.
We approached IMC for our trademark applications and have been working closely with Mayuri from the IMC team in Singapore. We had an absolutely stress-free experience.
IMC Singapore is one of the best Consultant to set up company in Singapore, they have an excellent team of People who guide you right from the begining to start up new company in Singapore .
Book a consultation appointment with our professionals now.