Phone +65 6735 0120
Cell +65 9123 7743
Skype id healyconsultants
Email email@healyconsultants.com
Website www.healyconsultants.com
British Virgin Islands IBC Invoice
Page 1 of 8
HEALY CONSULTANTS GROUP HOLDING PLC
SINGAPORE | UEN: 201623711R
Client to provide
Address to be provided
Company Reg. No.: 921530
Date: Friday, May 11, 2018
Invoice No: 2015 – 001 – 017p
Professional services for BVI IBC company (without travel)
Notes
Year 1
US$
Year 2
US$
BVI company incorporation fees (without travel)
1.
1,550
1,100
Registered agent and legal registered office fees
2.
1,100
1,100
Estimate of Government registration fees
3.
350
350
Bitcoin corporate bank account opening fees (without travel)
4.
7,950
0
Total Healy Consultants fees payable this month
5.
10,950
0
Estimate of Healy Consultants fees payable after 12 months
6.
2,550
Note: this invoice needs to be tailored for each Client. The above services and fees represent the average
requirements of our Clients. I recommend you carefully read the notes below to confirm and understand all
services required by your Firm, eliminating the risk of unwanted fee surprises during the engagement;
Phone +65 6735 0120
Cell +65 9123 7743
Skype id healyconsultants
Email email@healyconsultants.com
Website www.healyconsultants.com
British Virgin Islands IBC Invoice
Page 2 of 8
HEALY CONSULTANTS GROUP HOLDING PLC
SINGAPORE | UEN: 201623711R
Notes to invoice above
1. Healy Consultants’ fees to efficiently and effectively complete BVI company registration
engagement to a timely completion within two weeks, by i) choosing the optimum regulatory
license for our Client’s business activities ii) reserving a company name with Registry of Corporate
Affairs iii) settling our accountant and lawyer fees and iv) preparing a high quality company
incorporation application for Registry of Corporate Affairs;
All engagement fees (click link) are agreed and paid up front and agree to
the fees published on our country web pages. Consequently, there are no
hidden fees or surprises or ambushes throughout the engagement. All
engagement deadlines are agreed up front in the form of a detailed project
plan, mapping out deliverables by week throughout the engagement term;
Every second day during the engagement, we email our Client a detailed email engagement
status update. Our Client is immediately informed of engagement problems together with solutions.
Your dedicated engagement manager is reachable by phone, skype, live chat and email and will
communicate in your preferred language;
2. In accordance with section 39 of BVI International Business Companies Act 1984, each BVI
Company must appoint a registered agent, who may be a natural person or a body corporate, but
the registered agent must be resident in BVI. Healy Consultants will act as your BVI Company
Secretary, for which our annual responsibilities include i) securely maintaining company records; ii)
liaising with the BVI government on behalf of our Client; iii) legal filing of changes of company
structure; and iv) ensuring company record compliance with local company law;
In accordance with the section 38 of BVI International Business Companies Act 1984, each BVI
company shall as from the date of its incorporation have a legal registered office in BVI, to which
all official government communications and notices may be addressed. To comply with this
statutory requirement, Healy Consultants’ BVI office will be the registered office address for your
company. Thereafter, this address will be used to receive Government correspondence including
a) annual and quarterly tax returns; b) bank statements and c) employee payroll tax and pension
correspondence. Most of our Clients wish to place Healy Consultants BVI office address (click link)
on invoices, contracts, websites and business cards;
Phone +65 6735 0120
Cell +65 9123 7743
Skype id healyconsultants
Email email@healyconsultants.com
Website www.healyconsultants.com
British Virgin Islands IBC Invoice
Page 3 of 8
HEALY CONSULTANTS GROUP HOLDING PLC
SINGAPORE | UEN: 201623711R
3. This fee is an estimate of government costs payable during your Firm’s engagement. For
transparency purposes, all government fee payments will be supported by original receipts and
invoices. Examples of government costs include i) registration of the company name with the
Registry of Corporate Affairs and ii) payment of the application fees with the Registry of Corporate
Affairs. Following engagement completion, Healy Consultants will refund our Client any excess of
funds received over actual Government costs paid;
This figure also reflects the annual fee payable to the BVI Financial Services Commission
(BVIFSC) to maintain the good standing for companies that are authorized to issue no more than
50,000 shares. For companies with more issued shares pay annual fee of US$1,100;
4. Healy Consultants Group PLC will be pleased to open a BVI bitcoin friendly corporate bank
account without our Client needing to travel in a minimum of 8 weeks. It is a time-consuming task,
Healy Consultants Group PLC will shelter our Client from the administrative challenges. As you
can appreciate, it is a difficult task to obtain Bitcoin bank account approval when shareholders,
directors and bank signatories reside overseas. Healy Consultants Group PLC will prepare a
business plan for the bank to optimize the probability of corporate bank account approval.
Depending on our Client business and nationality, there is a 40% probability the banks will request
a bank signatory to travel for a one-hour bank interview. Healy Consultants Group PLC will try its
best to negotiate with the bank for a travel exemption. If our Client must travel for the corporate
bank account opening, Healy Consultants Group PLC will refund our Client US$950;
If our Client is not comfortable with only a BVI bitcoin corporate bank account, Healy Consultants
Group PLC will be pleased to open an international corporate bank account (click link) outside of
BVI. Examples include New York, Germany, Liechtenstein, Austria, South Africa, Australia,
London, South America or Dubai. All banks will be top tier banks in these countries with excellent
internet banking services. Example of our global banking partners include HSBC, Standard
Chartered Bank, Citibank, BNP Paribas, Emirates NBD, Bank of China, ANZ bank, Standard Bank,
UBS, Credit Suisse;
The banks enjoy ultimate power of approval of Bitcoin corporate bank account
applications. Consequently, guaranteed success is outside of Healy Consultants
Group PLC control. What is inside our control is the preparation and submission
of a high quality bank application that maximizes the likelihood of approval;
Phone +65 6735 0120
Cell +65 9123 7743
Skype id healyconsultants
Email email@healyconsultants.com
Website www.healyconsultants.com
British Virgin Islands IBC Invoice
Page 4 of 8
HEALY CONSULTANTS GROUP HOLDING PLC
SINGAPORE | UEN: 201623711R
Global banks continue to tighten corporate bank account opening procedures, their internal
compliance departments completing more thorough due diligence of Clients. Consequently, our
Clients should expect the bank account approval period to take at least 6 weeks. Furthermore,
global banks now require evidence of proof of business in the country where the corporate bank
account will be, including sales contracts or lease agreement;
Because of the nature of our Client business, there is a 25% probability the bank in-house Legal
and Compliance Department will reject the Bitcoin corporate bank account application. In the
unfortunate event this occurs, Healy Consultants Group PLC will immediately discuss alternative
corporate bank account solutions (click link);
Furthermore, Healy Consultants Group PLC expects the bank’s risk department to request
additional due diligence from our Client’s business including i) specific license; ii) proof of
business globally and iii) additional KYC information on our Client’s business and place of
residency. We assume our Client provides most of this information within one week;
Depending on our Client’s business and nationality, there is a 25% probability the bank officer will
request a set of corporate documents to be certified by the local registered agent, apostilled,
translated or legalized with the nearest Bank Country Embassy. In such case, Healy Consultants
Group PLC estimates the corporate bank account opening will be delayed with up to two business
weeks. Following appropriate attestation of signatures, bank due diligence and corporate bank
account opening forms, our Client couriers signed corporate bank account opening set required by
the bank to our preferred address;
and determination.
5. All fees quoted in this invoice correspond to fees quoted on Healy Consultants’ website. Please
review this invoice carefully to identify errors. During the rush of the business day, it is possible
that Healy Consultants inadvertently made fee calculation errors, typing errors or omitted services
or omitted historic fee payments from Clients. In the unfortunate event you identify invoice errors,
please revert to me directly re the same. I apologize in advance if I or my staff made invoice errors;
6. Assuming our Clients re-engage Healy Consultants in year 2, this fee is an estimate of the fees
payable next year, 12 months after the date of company registration;
Phone +65 6735 0120
Cell +65 9123 7743
Skype id healyconsultants
Email email@healyconsultants.com
Website www.healyconsultants.com
British Virgin Islands IBC Invoice
Page 5 of 8
HEALY CONSULTANTS GROUP HOLDING PLC
SINGAPORE | UEN: 201623711R
7. The fees quoted in this invoice are a prediction of the fees required to efficiently and effectively
complete this engagement in a timely manner. If during the engagement Healy Consultants
realizes that the project is more complex than anticipated, requiring a large additional investment
of time, my Firm will revert to request additional fees. If Healy Consultants completes the
engagement faster and more easily than expected, Healy Consultants is happy to refund some
fees to our Client;
8. Engage Healy Consultants to project manage business set up in every country on the planet. We
are the best in the world at what we do, timely completing the A to Z of every country engagement;
9. In accordance with the BVI Business Companies Act 2004, a BVI company is not required to i)
prepare annual financial statements; ii) submit company accounts or iii) hire company auditors;
10. If our Client requires nominee shareholder and director services (click link), Healy Consultants will
be pleased to assist. Our fee for professional, passive nominee corporate shareholder amounts to
US$2,100 per annum. Our fee to be both nominee director and shareholder amounts to US$6,600
per annum. Being the sole shareholders and sole director of a Client’s company exposes Healy
Consultants to reputation, litigation and financial risk;
11.
If our Client and Healy Consultants properly plan this engagement, our
Clients' will not have to travel during this engagement. Healy
Consultants will efficiently and effectively and aggressively complete
company registration and corporate bank account opening in a timely
manner without our Client presence. Instead, our Client will need
to i) sign and get documents legalized in the embassy in their country of
origin and ii) courier the originals to Healy Consultants office;
12. Depending on our Client business and nationality, the BVI Government may require a special
regulatory license to carry on your business in the country. Healy Consultants will assist our Client
secure license approval. However, the Government enjoys ultimate power of approval of company
registrations and business licenses;
13. During the engagement, shareholders and directors documents may need to be translated into the
local language before the Government and Bank approves company registration and corporate
bank account opening respectively. Consequently, our Client should budget for possible additional
Phone +65 6735 0120
Cell +65 9123 7743
Skype id healyconsultants
Email email@healyconsultants.com
Website www.healyconsultants.com
British Virgin Islands IBC Invoice
Page 6 of 8
HEALY CONSULTANTS GROUP HOLDING PLC
SINGAPORE | UEN: 201623711R
translation and embassy atestation fees. Either our Client or Healy Consultants can complete this
administrative task;
As always, Healy Consultants will negotiate with all third parties to eliminate or reduce additonal
engagement costs. For transparency purposes, all third party fee payments will be supported by
original receipts and invoices. Examples of possible third party payments include i) embassy fees
ii) notary public costs iii) official translator fees;
14. As stipulated on our business website and in section 3 of our engagement letter, Healy
Consultants will only commence the engagement following i) settlement of our fees and ii)
completion and signing of our legal engagement letter;
15. Healy Consultants will only incorporate your company after 75% of due diligence documentation is
received by email. Healy Consultants will only open a corporate bank account after 100% of the
Client’s original due diligence documentation is received by courier;
16. During the annual renewal engagement with our Client, our in-house Legal and Compliance
Department (click link) reviews the quality and completeness of our Client file. Consequently,
Healy Consultants may revert to our Client to ask for more up to date due diligence documentation;
17. To assist our Clients to minimize foreign exchange costs, we offer the payment in SG$, Euro,
Pounds or US$. Kindly let me know in which currency your Firm prefers to settle our fees and I will
send an updated invoice, thank you;
18. Some of our Clients' engage Healy Consultants to recruit (click link) local employees. We have a
lot of experience in this area and we are quite skilled at securing quality candidates for our Clients';
19. It is important our Clients' are aware of their personal and corporate tax obligations in their country
of residence and domicile; and they will fulfill those obligations annually. Let us know if you need
Healy Consultants help to clarify your local and international annual tax reporting obligations;
Phone +65 6735 0120
Cell +65 9123 7743
Skype id healyconsultants
Email email@healyconsultants.com
Website www.healyconsultants.com
British Virgin Islands IBC Invoice
Page 7 of 8
HEALY CONSULTANTS GROUP HOLDING PLC
SINGAPORE | UEN: 201623711R
20. Some of our Clients' require an immediate country solution. With this strategy, within a day
Healy Consultants can supply our Client i) an existing dormant BVI company number and
ii) an already approved international corporate bank account number and iii) a business
address. Turnkey solutions are attractive to those entrepreneurs who wish to immediately
close a country deal, sign a contract or invoice a customer;
21. Next week, I plan to email you i) an updated detailed project plan (click link) ii) legal documents for
your signature iii) updated sales invoice with our latest notes;
Phone +65 6735 0120
Cell +65 9123 7743
Skype id healyconsultants
Email email@healyconsultants.com
Website www.healyconsultants.com
British Virgin Islands IBC Invoice
Page 8 of 8
HEALY CONSULTANTS GROUP HOLDING PLC
SINGAPORE | UEN: 201623711R
Thank you for your business and we look forward to working closely with you over the coming weeks
as we engineer your BVI corporate structure.
Best regards
Aidan Healy
______________________________
Aidan Healy
Business owner
Healy Consultants Group
Tel:
(+65) 6735 0120 (direct)
Web:
www.healyconsultants.com
Address:
Road Town, Tortola, British Virgin Islands
Skype:
healyconsultants
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