Virgin Islands Administrative Services Agreement

State:
Multi-State
Control #:
US-OG-760
Format:
Word; 
Rich Text
Instant download

Description

This agreement is used when The Company owns all of the outstanding shares of common stock of a company involved in the acquisition, exploration, production, transportation, treating and processing of oil, gas, and other minerals and the Company has requested a Manager to provide administrative services to manage the affairs and business of the Company.
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How to fill out Administrative Services Agreement?

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FAQ

Virginia does not require a statewide business license, however, it does have licensing or certification requirements for certain professions and occupations. Real estate brokers, engineers and home inspectors, for example, must obtain a state license. You'll need an ABC license to sell alcohol. How To Get A Virginia Business License (2023 Guide) - Forbes forbes.com ? advisor ? virginia-business-lice... forbes.com ? advisor ? virginia-business-lice...

Passports for U.S. Citizens are NOT required for the U.S. Virgin Islands, but you must be prepared to show evidence of citizenship upon leaving the territory (such as a government-issued photo ID or your passport). Citizens of countries other than the U.S. should follow U.S. travel regulations. Travel to the USVI - Frequently Asked Questions viport.com ? general-9 viport.com ? general-9

An administrative services agreement is a type of professional services contract in which a company hires a third party to provide administrative services in exchange for compensation. Administrative services can include: Payroll. Property management. Human resources.

Annual license fees typically range from $50 to $1000 depending on the type of business. 1. Register your trade name and/or corporate entity with the Corporate and Trade Name Division of the Office of the Lieutenant Governor. Applicants may be required by DLCA to submit a copy of their articles of incorporation. Obtaining a Business License in the U.S. Virgin Islands vilaw.com ? corporate-financial-services vilaw.com ? corporate-financial-services

To start a business in the U.S. Virgin Islands you will need to obtain a business license from the Department of Licensing and Consumer Affairs (DLCA).

US Virgin Islands is not a tax haven or offshore jurisdiction, but USVI companies (or corporations) could be established as "USVI Exempt Companies" with partial or full exemption from local and US federal income taxes. US Virgin Islands - International Corporate Agents Group ibcagent.com ? pages ? us-virgin-islands ibcagent.com ? pages ? us-virgin-islands

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Virgin Islands Administrative Services Agreement