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Details

Description:
Swiss Limited Company (AG)
Location: Canton Zug
Area: Financial Services
SRO license (asset management)

Included in price:
SRO membership fee 2020
Compliance officer fee for 1 year
Shared office
Bank accounts: 1 account application (after ownership transfer)
Documentation for transfer of ownership
Notary fees, commercial registry fees for required changes

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The following documents are to be supplied with the company:

SRO certificate
Debt register extract (proof of no debt)
Financial audit reports for previous years
Guarantee of no debt or liabilities for the day of purchase (clause in the contract)
Confirmation that a responsible compliance officer (for SRO certification) assigned to the company will stay with the company for min. 1 year (subject to the officer and client mutual agreement)

It’s advantages:
SRO membership already approved. License specifics can be adjusted to suit your company, if required.
Transferring of the ownership is much faster than registering a new company
Very reasonably priced, immediately available.

Operations that can be done with an asset management license:

The power to open and maintain bank accounts, including trust, escrow, commercial, merchant accounts with any bank worldwide including US based institutions.
The power to open and maintain sub-accounts for third parties under the umbrella of the Trust.
The power to accept and invest funds on behalf of third-party customers.
The power to offer and service a complete range of worldwide fiduciary services.
It may acquire and sell both private and commercial property worldwide.
Act as a holding company for banks, savings and loans, insurance companies, small business investment corporations and stock brokerage firms.
The power to act as natural persons.
The power to act as attorney-in-fact.
The power to act as officers, agents, employees.
The power to make and sign contracts.
The power to create agencies and joint ventures.
The power of investments.
The power to deal in goodwill.
The power of donation.
The power of guarantee.
The power to act as consultant.
The power of inventory financing.
The power to hold patents.
The power to make acquisitions.
The power to be registered in foreign countries.

Note: certain activities may be subject to additional licensing.
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To reveal the specifics of the company, the seller requested to see a proof of funds. Proof of funds is also used to secure a company while documents are checked/reviewed by you etc.

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