Atkins Corporate Services Ltd.

Licensed Professional Offshore Services Provider

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Terms of Business

Definitions

“ACSL” means Atkins Corporate Services Ltd. which is a duly licensed Belize Company (with Registration No. 12260) under the Belize Company Act, Chapter 250, of Registered address at #55 Southern Foreshore, Belize City, Belize and includes any of its branches, agents or associate companies worldwide along with all of its directors, agents, employees, officers, consultants and successors.

“Officers” of ACSL refers to any person, hereinafter defined, firm or company nominated by ACSL who may from time to time be appointed as director, secretary, partner, accountant, trustee, nominee, protector, bank account signatory, administrator, registered agent, provider of registered office or address of the Entity as defined above.

“Client” means any person who has requested ACSL to provide any Services, hereinafter defined; any person who has agreed to pay for any Services; any person who has previously paid for any Services; any person on whose behalf and or whose benefit any Services are to be provided; any authorized representative of the Client; and in the case of more than one person, all such persons jointly and severally who request any Services of ACSL.

“Authorized Person” means any person who is authorized by the Client for and in his/her name and on his/her behalf to provide instructions to ACSL as if these were given by the Client.

“Person” means any natural person over the age of 18 years of age, a legal person, organization, incorporated firm or other body, incorporated or unincorporated.

“Structure” means any company, trust, partnership, foundation or any other legal entity established and/or administered by ACSL at the request and/or on behalf of the Client.

“Services” means the formation of any company, trust, partnership, foundation or any other structure, provision of the Registered Office, Registered Agent, company secretary, director, officer, shareholder, trustee, trust agent, maintenance of corporate records and accounts, preparation of filing of financial statements and annual returns and/or any other management or administration services or any type of service requested by the Client as contained in the director of services of ACSL or specified in advertising materials of ACSL or on their websites and/or any other services ordered/requested/accepted by the Client.

“Application Form” the instructions given by the Client to ACSL for the acquisition of any Services hereinafter defined

“Fee Schedule” means the schedule of fees for services issued from time to time by ACSL

“Business Day” means a day on which ACSL is ordinarily open to carry on business

“Terms & Conditions” means these Terms & Conditions or such other new terms and conditions as may from time to time be published on ACSL’s website(s) and shall be deemed to include such other conditions which ACSL may from time to time advise to the Client or publish on ACSL website(s). These Terms & Conditions apply to all ACSL’s Clients and effectively constitute binding Agreement between Client and ACSL.

“Website” means the website you are browsing when you clicked on a link to these Terms & Conditions of Business including all subsidiary pages.

RESTRICTED BUSINESS AND BUSINESS REQUIRING SPECIAL AUTHORIZATION

“Illegal Activities” refers to any activity designated anywhere in the world to be illegal or criminal, including activities related to terrorism, drug trafficking, money laundering, receiving the proceeds of criminal activities or trading with such countries, which may from time to time be subject to any embargo imposed by the Security Council of the United Nations, the European Union, the Office of Foreign Asset Control or similar international organizations.

“Prohibited Activities” means activities currently not approved by ACSL that are in accordance with the financial regulatory authorities of Belize which  include but are not limited to drug trafficking, human trafficking, precious metals,  pharmaceuticals, online gambling, insider trading, pornography, distribution or manufacturing of arms, weapons, ammunitions, mercenary or contract soldiering, security and riot control equipment; any device that could lead to the abuse of human rights or the abuse of animals, pyramid schemes, religious cults and related charities; any business activities which are subject to licensure or any business activity which may, in the opinion of ACSL may cause reputational damage.

“Prohibited Persons” means persons black listed under the laws of any country for whatever reason or who are legally disqualified from, or incapable of, being party to a contract; persons who are non-discharged bankrupts or have been imprisoned or found guilty of any criminal offence; government officials or politicians; persons who have been proven to act in a fraudulent or dishonest manner in any civil proceedings or who are resident in a country subject to any international restrictions or embargos, including those imposed by the Security Council of the United Nations, the European Union, the Office of Foreign Asset Control or other international organizations.

“Licensed Activities” refers to any activity for which a license or authorization is granted by a relevant authority in any jurisdiction such as, but not limited to trading in financial and commodity-based derivative instruments and other securities, international collective schemes or mutual funds; international asset protection and management; international insurance services, trading in securities; international money lending services; brokerage/consultancy/advisory services; international safe custody services; gaming and gambling services; deposit-taking services; trading in foreign exchange services; money transmission services; money brokering services; money exchange services; payment processing services and international accounting services.

LIABILITY OF ACSL

ACSL has no beneficial interest or ownership in any entity incorporated through its firm.

ADMINISTRATION OF ENTITIES

The Client irrevocably agrees that, if ACSL acts as members, directors, company officers, trustees, protectors, foundation council members or in any other capacity, ACSL shall within sixty (60) days of non-payment and without being obliged to give notice to the Client, may take such steps in its absolute discretion, which include without limitation, the following: striking off, dissolving or liquidating the corporate structure;  resigning any of ACSL company officers; transferring any shares, capital or assets or liabilities of the structure into the name of the Client; or appointing the Client as director, officer, manager, trustee, protector, founder or council member of the structure or take such other action as ACSL shall, in its absolute discretion, consider appropriate.

SECURITY

ACSL shall keep confidential all documents, communications and information acquired from the Client, unless prior written consent has been given by the Client permitting otherwise. Note, however, that in the case where ACSL is issued a court order or receives directive from a competent authority to disclose information in relation to a Client’s affairs, ACSL will be obliged to comply within the scope of the law.

All information, correspondence, records and data related to the Entity and held by ACSL on any electronic device is solely the property of ACSL and for its sole use, and neither the Client nor the Entity nor anyone else acting for or on behalf shall have any right of access thereto or control over such information, correspondence, records or data. ACSL has the right to retain ownership and keep copies of all such information, correspondence, records and data for their sole use. The provision of this clause shall remain in full force and effect notwithstanding the Terms and Conditions ceasing to apply.

PAYMENTS, REFUNDS & CANCELLATIONS

All payments are denominated in USD and can be made by wire transfers, credit cards, debit cards or any other acceptable payment method specified when contracting the services of ACSL.

Payments shall become due as per invoices issued by ACSL. Should the client fail to settle any invoices within 30 business days, ACSL reserves the right not to provide any services and/or discontinue the provision of any services, and shall not be responsible for any costs, fees, duties or taxes owed by the Client to any agent and/or government authority in any jurisdiction. Should the client maintain a credit balance with ACSL and fails to settle any invoice within a specified time frame, ACSL shall have the right to deduct the appropriate due amount from such credit balance without Client’s prior consent. ACSL will not pay any interest on any money held on behalf of the Client or Entity.

No refunds are given after the Client’s order has been executed partially or in full or where ACSL is forced to refuse and/or cease to provide services due to any breach of the Client.

Should the Client purchase any product or service online via ACSL’s website and chooses to cancel the order before ACSL commences execution of such order, ACSL will refund all monies paid by the Client except for any merchant charges, bank charges or any related incidental fees. The refund must be claimed within 180 calendar days from the day of the payment. No refunds shall be given for claims exceeding 180 calendar days.

Should the Client advise ACSL that they no longer require the product or service, the Client is to pay ACSL any fees incurred which may include exit fees, dissolution costs, liquidation or transfer of Entity.

DISCLAIMER

The information contained herein is not to be construed as legal, business or tax advice. Please consult an attorney, accountant, financial adviser or relevant professional for the optimum use of the products and services offered by our firm.