Premium Aged Company

AG00141

16 March 2017

Fact Sheet - Company and other deliverables
Name TBD (name change is included in the price)
Price CHF 165,000 (all inclusive, turn-key price – NO HIDDEN COSTS)
Industry Asset Management, Brokerage (FX, stocks, bonds, CFDs, commodities, etc.) and other Financial Services
Type of Company Swiss Aktiengesellschaft (AG)[1]
Domicile Zurich, Switzerland
Year of Incorporation 2000
Approximate age of company 17 years old
Paid-up-capital CHF 100,000 (fully satisfied)[2]
License

Asset Management & Fiduciary, Brokerage (FX, stocks, bonds, CFDs, commodities, etc.) and other financial services via certificate of membership from an SRO officially approved by the Swiss Financial Market Supervisory Authority (FINMA) for the supervision of financial intermediaries and for laying down rules of conduct relating to the practice of the profession of independent asset manager.[3] The Certificate of Membership shall authorise the Company to:

(a) carry out credit transactions (in particular in relation to consumer loans or mortgages, factoring, commercial financing or financial leasing);

(b) provide services related to payment transactions, in particular by carrying out electronic transfers on behalf of other persons, or who issue or manage means of payment such as credit cards and travellers’ cheques;

(c) trade for their own account or for the account of others in banknotes and coins, money market instruments, foreign exchange, precious metals, commodities and securities (stocks and shares and value rights) as well as their derivatives;

(d) manage assets (on a discretionary or non-discretionary basis);

(e) make investments as investment advisers; and

(f) hold securities on deposit or manage securities.
Scope
  • Manage assets on behalf of customers (discretionary or non-discretionary basis)
  • Trade/broker securities (stocks and shares and value rights) as well as their derivatives, banknotes and coins, money market instruments, precious metals, commodities, etc.
  • Open Forex (FX), CFD and commodity trading accounts for customers or allow customers to open online
  • Carry out credit transactions (in particular in relation to consumer loans or mortgages, factoring, commercial financing or financial leasing)
  • Provide online money transfer services (to operate as a money transfer company will require significant additional costs and requirements)
  • Have debit cards issued to customers
  • Make investments as investment advisers
  • Hold securities on deposit or manage securities
  • Provide bank account signatory services for clients world wide
  • Accept or hold on deposit assets belonging to others and assist in the investment or transfer of such assets
  • Provide Corporate Finance Services to clients worldwide
Turn-key delivery
  • The Swiss AG
  • The required Swiss resident director/compliance officer in place and their base responsibility fee paid for the first year;
  • Asset management license setup and first year fees paid
  • Compliance & Procedure’s Manual, AML Procedure’s Manual, Compliance Organisation Structure Manual
  • Custom professional website and hosting, paid up for one year
  • Website SSL certificate
  • Physical registered office address, paid up for one year.
  • Swiss phone and fax numbers
  • Customised studio recorded PBX system
  • E-mail addresses
Swiss director/compliance officer The required Swiss Resident Director/compliance officer is provided and paid in advance for a year.[4] Additional directors from jurisdictions outside Switzerland can be added to the board as well.
Website Yes[5]
Registered address Registered office in Zurich[6].
Ongoing yearly base costs The ongoing yearly base costs after year one are approximately CHF 15,000 per year. This includes the FINMA SRO licensing fees, compliance officer/Swiss director base fee[7] and registered physical address, etc.
Closing timeline Approximately 5 to 6 weeks
Corporate documents In good order
AUM 0
Liabilities None (comes with warranty)
Lawsuits None (comes with warranty)

 

[1] See Schedule A

[2] The paid-in-capital requirement has been forever satisfied, but the funds are no longer in the company bank account.

[3] The Certificate of Membership is contractually guaranteed by Consultant. The Certificate of Membership shall be established in approximately 4 weeks from contracting with Consultant and all license/membership fees will be paid up for one full year by Consultant.

[4] The fee paid by MR Consulting is an annual responsibility fee for accepting an appointment and does not include administration work or time, which shall typically be billed at between CHF 175 to 250 per hour, as and if required by Client.

[5] Included in Consultant’s deliverables, the website will be designed to Client’s specifications and Consultant shall pay for domain and host the site for one year.

[6] Costs of the registered office (physical office) is paid by MR Consulting for first full year.

[7] The base responsibility fee is covered for a year. The normal billing rate for time is CHF 250 per hour.