These Terms of Business are intended to govern the business relationship between IOP Limited and its customers “Customers”. Based on these Terms of Business, IOP will provide Customers with various services such as company formation services, legal support services, bank account opening support services “bank account support”, accounting, tax and auditing, financial consulting as well as other services.

These Terms of Business shall form an integral part of any agreement concluded between the Client and IOP for the execution of an IOP order form via the online order form or the paper form “Agreement”. By entering into an Agreement with IOP, the Client accepts these Terms of Business. The price list and list of services are available on IOP’s website https://iopoffshore.com

Any Business Terms that differ from, conflict with or are additional to these Business Terms shall not form part of any Agreement, unless otherwise specifically agreed in writing between the Customer and IOP.

2. Content and scope of services
Legal support and company establishment services

a. IOP acts as a professional intermediary providing IT-based consulting services. Service quality and customer care are the company’s outstanding focus. IOP has built strong relationships with many locally authorized service providers, experienced lawyers and CPAs to assist clients in company formation as well as other ancillary services listed on IOP’s website https://iopoffshore.com. With an extensive network of globally served jurisdictions and qualified resources, the company can well meet business needs at various levels.

Certain terms, namely Unipro Consulting, Vistra, OCRA, NWMS, are specified in the company’s order forms, therefore the company documents are part or full brand names of the relevant licensed partners/service providers of IOP

b. Any legal support services will be provided based on a specific agreement between the Client and the relevant additional service provider, except for seals, stamps and logos, notarization and Apostille.

c. Bank account support

IOP may provide assistance in connection with the opening of a bank account for the Client. Within this framework, IOP may propose a list of banks to the Client, but the Client is responsible for selecting a bank. The Client may choose a bank from the list of banks provided by IOP or a third party “Bank”. The successful establishment of additional services such as credit cards, cheque books or Internet banking access is not guaranteed and is provided “as is”.

3. Right to refuse to provide services
IOP reserves the right to refuse any and/or all of its services to any Customer without giving any reason or explanation, and cannot, in any event, be held liable for such refusal.

4. Legal Advice
While IOP endeavours to provide true and accurate information about all its services, IOP does not provide legal advice. It is the Client’s responsibility to ensure that it has obtained all necessary legal and tax advice in relation to the establishment and operation of the company and that its activities will not contravene the laws of any relevant jurisdiction.

5. Anti-Money Laundering and Counter-Terrorist Financing
The Client shall provide IOP with such information as IOP deems necessary for the due diligence process to ensure that the Company complies with applicable anti-money laundering and counter-terrorist financing laws. It is the Client’s responsibility to ensure that the information provided to IOP is accurate. The Client also warrants to IOP that the assets or funds transferred to the Company do not directly or indirectly represent proceeds of crime or other illegal activity. In order for IOP to comply with its legal obligations, the Client shall promptly and fully notify IOP of any changes in the beneficial ownership, shares and officers of the Company.

In accordance with anti-money laundering and anti-terrorism regulations, IOP will not provide services to customers involved in restricted industries including: Arms business; Pornography/adult entertainment; Cannabis related business; Money services business; Gambling related business, money transfer and payment services; Tobacco business; Alcohol business; Debt collection business; Precious metals trading business.

6. Fees
General
The Client agrees to pay the fees charged by IOP. IOP’s fee schedule can be found in the price list available on the IOP website https://iopoffshore.com. In addition to the fees mentioned on the website, the Client agrees to pay any expenses incurred, in particular but not limited to expenses incurred in convening or attending meetings of directors, shareholders or secretaries, convening or attending any extraordinary general meeting of the company, preparing any transmission of any notice or statement and all other similar expenses.

IOP will collect 100% of the total service fee of the customer’s order from the beginning, we will refund the entire deposit to the customer in case we cannot provide/deliver the goods or other cases that meet the requirements in the refund policy published on IOP’s website from time to time.

IOP reserves the right to change or modify its prices and fees at any time and such changes or modifications will be posted online on this website and will be effective immediately without further notice to you. If you have purchased or received a service for a period of months or years, such changes or modifications in prices and fees will be effective when that service comes up for renewal.

Company Formation
The Client will owe IOP a one-time incorporation fee to form the company in addition to the annual fees. The incorporation fee varies by jurisdiction and covers the company’s head office, registered agent and all documents required for the company to be fully operational from the first day of registration, i.e. the certificate of incorporation issued by the local registrar, the memorandum and articles of association, resolutions relating to the nomination of directors and the distribution of shares and share certificates. The annual fee is a one-time fee paid each year upon registration or renewal of registration. This fee covers ongoing verification that the company complies with local laws as well as the renewal of the head office, registered agent and government fees from the jurisdiction in question.

Annual fees are non-refundable.

The Client shall owe IOP all other fees such as government fees, duties, taxes and other third party payments together with director or nominee shareholder fees and transfer fees, including disbursements and any costs incurred. The Client acknowledges IOP’s right to review the fees annually.

Bank Account Setup
The Client will owe IOP a one-time service fee associated with opening a bank account. This setup fee is subject to change at any time without notice. The setup fee is in US Dollars. The Client will pay the setup fee before IOP begins performing the service.

The Client is expressly advised that IOP may receive from the Bank a fee for seeking or reimbursement of any banking charges claimed by the Bank in connection with the operation of the account such as trust deposit commissions, net brokerage fees, securities management fees, internal discretionary management authorization fees. Such reimbursement shall not affect the banking charges. By accepting the present Terms of Business, the Client rejects the claim for such reimbursement. The Client is free to request IOP to provide any information available to it regarding the nature, amount or any information relating to the reimbursement.