in 2017 I wanted to open my company and looked on the internet for options and in the end I choose SFM Corporate Services
The opening process was ok and they advised me to use San Vincent and the Grenadines which was a good choice. I also opened a bank account with them which was witk....Loyal Bank. After receiving one payment I closed the account, but the bank collapsed before I could get out the 2K EUR I had received.
Then started the weirdeness, because at a certain point SFM basically disappeared, and stopped answering me, as I needed document to show the good standing of the company, wanted to remove nominees and so on. After a year and a half I switched to BBCIncorp | Online Company Formation and Corporate Service and they were able to change the agent and change the nominees ( which means, SFM had done things correctly with the company setup ) and change the the company from IBC to LLC.
Then, in february of this year, SFM re-appeared with this letter, emphasis mine:
Dear Sir,
I hope this email finds you well.
I am contacting you regarding the above company as we have been approached by the authorities in St Vincent. who are asking about the status of this company.
Whether you wish to renew it or not, we need to inform them.
To the extent that the appointed directors' fees have not been paid, the directors will resign and appoint you as director (according to the signed Nominee Directors contract), with all underlying consequences attached to this action.
Should you wish to renew the company, we can offer a discount on renewal fees, same applies to dissolution of the company.
In either case, kindly let us know of your decision, thank you.
I told them that the company had been changed to LLC, that iI had paid everything and that I was working with another agent since they disappeared. They tried with another mail and then I told them to f**k off. Stay away from them.
The opening process was ok and they advised me to use San Vincent and the Grenadines which was a good choice. I also opened a bank account with them which was witk....Loyal Bank. After receiving one payment I closed the account, but the bank collapsed before I could get out the 2K EUR I had received.
Then started the weirdeness, because at a certain point SFM basically disappeared, and stopped answering me, as I needed document to show the good standing of the company, wanted to remove nominees and so on. After a year and a half I switched to BBCIncorp | Online Company Formation and Corporate Service and they were able to change the agent and change the nominees ( which means, SFM had done things correctly with the company setup ) and change the the company from IBC to LLC.
Then, in february of this year, SFM re-appeared with this letter, emphasis mine:
Dear Sir,
I hope this email finds you well.
I am contacting you regarding the above company as we have been approached by the authorities in St Vincent. who are asking about the status of this company.
Whether you wish to renew it or not, we need to inform them.
To the extent that the appointed directors' fees have not been paid, the directors will resign and appoint you as director (according to the signed Nominee Directors contract), with all underlying consequences attached to this action.
Should you wish to renew the company, we can offer a discount on renewal fees, same applies to dissolution of the company.
In either case, kindly let us know of your decision, thank you.
I told them that the company had been changed to LLC, that iI had paid everything and that I was working with another agent since they disappeared. They tried with another mail and then I told them to f**k off. Stay away from them.
