Terms of Use
1. This website is the property of We Form Online Ltd. The term ‘We Form Online’, “our” or “us” or “we” refers to the owner of this website. The term ‘you’ refers to the user or viewer of our website. The use of this website is subject to the following terms of use:
2. The content of the pages of this website is for your general information and use only. The information, material and content provided in the pages of our website may be changed at any time without notice. All of our products and services which are offered by We Form Online are subjected to the separate terms, conditions, policies and disclaimers governing their use. This Terms of Use are to be read by you together with any terms, conditions, policies and disclaimers published on our website or provided by our employees upon your request, and they supersede any prior understanding or agreements, written or oral.
Neither we, nor any third parties provide any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of the information and materials found or offered on our website for any particular purpose. You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by law.
Your use of any information or materials on our website is entirely at your own risk, for which we shall not be liable. It shall be your own responsibility to ensure that any products, services or information available through our website meet your specific requirements and are permitted by the laws of the country of your domicile.
This website contains material that is owned by or licensed to We Form Online. Copyright in the content of our website (including without limitation all images, illustrations, designs, icons, photographs, trademarks, service marks, the ‘look’ and ‘feel’, colour combinations, button shapes, layout, design, graphical elements, arrangement of items, written and other materials, HTML and other code and all copyrightable or otherwise legally protectable elements on our website) are legally protected under intellectual property laws. The modification, copying, distribution or incorporation into any other work of part or all of any of our website, or the content in any form, is prohibited, except that you may print or download extracts for your non-commercial, informational and personal use only. All rights are hereby reserved.
Unauthorized use of our website may give rise to a claim for damages and/or be a criminal offence.
From time to time our website may also include links to other websites. These links are provided for your convenience and further information. They do not signify that we endorse or approve in any way those linked websites. We expressly disclaim any responsibility for the content of the linked websites.
You may not create a link to our website from another website or document without our prior written consent.
Messages sent through our website are messages sent over the Internet and cannot be guaranteed to be completely secure as they are subject to possible interception, loss, or possible alteration. We are not responsible and shall not be liable to you or anyone else for any damages or otherwise in connection with any message sent by you to us or any message sent by us to you over the Internet.
You agree to defend us against all claims, demands, or actions arising from
or incurred as a result of your breach of these Terms of Use, and you shall indemnify and hold us harmless from
and against any expenses, losses, damages and costs, including but not limited to reasonable legal costs and
disbursements, resulting from any such claims.
Your use of our website and the purchase of any products or services from it are governed in accordance with
the laws of the United Kingdom. The courts of the United Kingdom shall have exclusive jurisdiction over any
dispute or difference whatsoever arising out of/or in connection with your use of this website or the purchase
of any products or services from it. If, for any reason, you are unable or unwilling to agree to all our terms,
policies or disclaimers, please immediately discontinue using or attempting to use our website, because if you
continue, you shall be agreeing to all the terms, conditions, policies and disclaimers referred to in this
a. “Prohibited Activities” means activities currently not
approved by We Form Online, including activities related to: trade, distribution or manufacturing of arms,
weapons, munitions; mercenary or contract soldiering; security and riot control equipment; any device that
could lead to the abuse of human rights or be utilised for torture; technical surveillance or bugging equipment;
industrial espionage; dangerous or hazardous biological, chemical or nuclear materials including equipment or
machinery used to manufacture, handle or dispose of such materials; human or animal organs; the abuse of
animals or use of animals for any scientific or product testing; genetic material; adoption agencies, including
surrogate motherhood; the abuse of human rights; pornography; drug paraphernalia; pyramid sales; religious
cults and their charities; business activities, which by the laws and regulations of the country of formation
of the Entity are subject to licensing and which are conducted without obtainment of a license (“Licensable
Activities” as hereinafter defined); any other activity, which, in the opinion of We Form Online, may damage
the reputation of We Form Online or that of the country of formation of the Entity.
b. “Illegal Activities” means 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 Economic Area or similar international
organizations.
c. “Prohibited Persons” means persons sanctioned (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 Economic Area or other international
organisations.
d. “Licensable Activities” means any activity that requires a license or authorisation granted by a relevant
authority in any jurisdiction. Such activities include, but are not limited to: provision of financial services
involving trading/brokerage in foreign exchange, financial and commodity-based derivative instruments and
other securities; offering investment advice to public; insurance and banking business; operation and
administration of collective investment schemes and mutual funds; payment processing services; money exchange,
money transmission or money brokering; asset management; safe custody services; gaming, gambling and lotteries.
We Form Online provides a range of professional services
including, but not limited to company formation; corporate structuring; administration and management;
provision of bookkeeping and accountancy services; advisory; bank introductions and consultancy services.
b. In providing the Services, We Form Online shall always act solely on requests or instructions received from
the Client and shall never act in our own discretion, except when being under a legal obligation to act
.
c. We Form Online shall be willing to consider and entertain requests and instructions of the Client.
d. All instructions or requests for action shall be transmitted to We Form Online by the Client in writing.
In case of reasonable doubt, We Form Online may request the Client to provide additional verification of any
such request or instruction. We Form Online shall not be liable for any loss or damage due to our failure to
act until such instruction or request is verified to our satisfaction.
e. We Form Online may, in our absolute discretion, agree to act upon Client’s request or instruction given
otherwise than in writing, in which case, however, We Form Online shall not be liable for any misunderstanding
or error occurred in processing such request or instruction acted upon in good faith.
f. We Form Online may, in our absolute discretion, refuse to comply with any request or instruction received
from the Client, if such request or instruction or implementation thereof would, in the opinion of We Form
Online, be dishonest, incorrect, malicious or contravene any applicable law or regulation or expose We Form
Online or any of our Officers or employees to any personal liability or risk of prosecution in any jurisdiction,
or otherwise be illegal.
g. We Form Online may refuse to act on any request or instruction, which appears to be incomplete, unclear,
ambiguous, conflicting or of unclear authenticity, and shall not be liable for any loss or damage for our
failure to act until such deficiencies are rectified to our satisfaction.
h. In the absence of gross negligence on the part of We Form Online, the Client shall bear all risk of loss
and damage caused by any instruction, request or information not being sent or received, by any such
communication is incomplete, illegible, ambiguous or in error, or by any instructions or communication being
issued by unauthorized third parties unlawfully purporting to represent the Client.
i. On our website and in advertising materials, We Form Online may provide information, which is related to
various products and services offered by We Form Online. Such information does not purport to be legal or tax
advice and shall not be taken to constitute such advice or used or relied upon by the Client as such. The
Client shall take independent advice on any matter relating to the Entity and any Services provided by We Form
Online that may affect or concern the Client and his personal affairs.
The Client irrevocably agrees that, if the Entity is a
limited liability company and We Form Online’s Officers are members or directors of that company, or the Entity
is a Partnership and We Form Online’s Officers are members of that partnership, or the Entity is a trust and We
Form Online’s Officers are trustees or protectors of that trust, or the Entity is a foundation and We Form
Online’s Officers are founders or council members, due to non-payment of We Form Online’s fees and/or any other
fees related to the Entity for more than sixty (60) days, We Form Online shall without being obliged to give
notice to the Client, may take such steps as they shall, in our absolute discretion, consider appropriate which
include, without limitation, the following: having the Entity struck off, dissolved or liquidated; or resigning
all or any of the We Form Online’s Officers; or transferring all or any of the shares, capital or assets or
liabilities of the Entity into the name of the Client; or appointing the Client as director, officer, manager,
trustee or protector or founder or council member of the Entity; or take such other action as We Form Online
shall, in our absolute discretion, consider appropriate.
b. We Form Online shall keep confidential all documents, communications and information attained from the
Client unless prior written consent has been given by the Client permitting the contrary. This confidentiality
shall not be applicable where: We Form Online may be obliged by order of a court or a competent authority to
disclose evidence and information to courts or authorities in connection with the Client or Client’s Entity’s
affairs; where We Form Online receives such a disclosure order; We Form Online shall, unless prohibited by law
or by the terms of such order, notify the Client of same.
c. Any demand is made or action is taken by a third party against the Entity, or where any other circumstances
arise which may, in the opinion of We Form Online, necessitate an action to be taken regarding the affairs of
the Entity in order to protect the best interests of the Client, the Entity or We Form Online, and if in such
circumstances We Form Online are unable to obtain clear, adequate and lawful instructions from the Client, then
We Form Online shall be entitled to proceed in any way it may deem fit, reasonable or appropriate under the
circumstances.
d. In providing the Services, We Form Online may share information concerning the Client, the Entity or its
business activities with other firms or companies associated with We Form Online, our auditors and legal
advisors, and the Client agree to We Form Online making such disclosures. All information, correspondence,
records and data related to the Entity and held by We Form Online on any computer system is solely We Form
Online’s property and for our sole use and neither the Client, nor the Entity nor anyone else acting for or
on their behalf shall have any right of access thereto or control over that information, correspondence,
records or data.
e. We Form Online have the right to retain ownership and keep copies of all such information, correspondence,
records and data for our sole use. The provisions of this Clause shall remain in full force and effect
notwithstanding the Terms and Conditions ceasing to apply.
f. In the event of the relocation involving the change of the Client’s Entity’s registered address and
registered office, We Form Online shall give the Client twenty (20) calendar days’ notice of such change. We
Form Online shall not be responsible for any associated costs incurred by the Client as a result of such change.
g. Where We Form Online has been requested by the Client to provide shareholders, directors or other Officers
for the Entity, We Form Online may, subject to Clause 8 hereof, accede to such request and designate any person
to any such office or position, including any subsequent change, replacement or removal of such appointees, who
may be either a physical or legal person.
h. In the event that any claim, demand or action is made against the Entity for payment of any sums due either
to We Form Online or to a third party, including without limitation any taxes, duties, fees, government or
state levies, and such payment has not been made; or We Form Online require assistance or information from
the Client and has been unable to obtain such assistance or information; or the Client is in breach of any of
his obligations or undertakings contained in these Terms and Conditions, then We Form Online may undertake
any of the following:
i. Refrain from any action or activity whatsoever, be it in relation to a particular matter or to the Entity;
or
ii. Utilise any assets of the Entity or means available to We Form Online or to the Entity towards a
defence against such claim, demand or action, or satisfaction of such claim, demand or action; or
iii. Take any other course of action that We Form Online may, in our absolute discretion, consider
appropriate to protect themselves and the Entity.
h. Nothing in these Terms and Conditions shall make We Form Online liable or responsible for any commercial
decision that the Client has made in respect of the Entity or its business activities.
j. We Form Online shall not be liable for any loss or damage to the Client or the Entity incurred in the
circumstances described in this Clause.
k. If the Client is in breach of any of their obligations or undertakings assumed under these Terms and
Conditions and fails to remedy such breach within 14 calendar days following a notice issued by We Form
Online, then We Form Online may undertake any of the following:
i. Resign from providing any or all of the Services;
ii. Commence proceedings to wind-up and liquidate the Entity;
iii. Utilize any assets of the Entity towards remediation of the Client’s breach.
l. No responsibility or liability shall attach to We Form Online in connection with or arising out of
any action or inaction took in accordance with the provisions of this paragraph.
a. We Form Online expressly disclaims any liability to the
Client, the Entity and any third party associated with them for any damage or loss to any of them arising from
the establishment, acquisition or operation of the Entity and/or the provision of Services by or to the Client,
the Entity or any other person.
b. We Form Online shall not be liable (whether in contract, tort or otherwise, including breach of statutory
duty) in connection with the provision of Services for any consequential loss however incurred, including
without limitation loss of profit, business or anticipated savings of the Client.
c. We Form Online shall not incur any liability for any failure to comply with any request, instruction or
order of the Client, which is not received, or which is incomplete, ambiguous and illegible or lacks, in the
opinion of We Form Online, the authority on the part of the person giving it.
d. We Form Online shall not be liable for the acts or omissions or negligence of any person or entity which is
appointed or designated as director, shareholder, officer, employee, agent, individual, trustee, manager,
signatory or holder of a power of attorney with respect to the Entity or other person or body associated
with the Entity.
a. The Client shall at all times indemnify and keep We Form
Online and our Officers and employees harmless and indemnified:
i. Against all actions, suits, proceedings, claims, demands, costs, charges, expenses and liabilities
(including legal fees), which may arise or be incurred, commenced or threatened against We Form Online and/or
our officers in relation to the Entity or the Client’s instructions.
ii. In respect of any failure by We Form Online to comply, wholly or partially, with any instruction,
order or request made by the Client, or any errors or incomplete instructions or requests received by We Form
Online from the Client
iii. In respect of any penalties, fines, fees or other liabilities incurred by the Client and/or the Entity
related to the Entity and/or to the Services.
c. This indemnity is without prejudice to any other indemnity and/or remedy in favour of We Form Online and/or
our officers, employees, agents or successors. The termination of this Agreement or any Service provided by We
Form Online shall not relieve the Client of his obligations to indemnify We Form Online.
a. The Client undertakes, warrants and solemnly declares with
We Form Online that they:
i. Have the full legal capacity and are of sound mind, memory and understanding to enter into an agreement
with We Form Online in accordance with these Terms and Conditions and to receive the Services.
ii. Are not bankrupt.
iii. Have no criminal records, and there is no criminal proceeding pending against the Client in
any jurisdiction;
iv. Are not engaged in any prohibited or illegal activity as defined in Clause 2(a-b) of this Terms of
Business that may directly or indirectly cause harm to the reputation of We Form Online.
v. Shall comply with these Terms and Conditions.
vi. Agree that We Form Online may (but shall not be obliged to) rely on communications received from the
Client in determining what steps We Form Online are required to take in administering his Entity or providing
the Services.
vii. Shall pay, in full, any personal or corporate taxes that may become due as a result of the
establishment and operation of the Entity.
a. The Client is obliged to immediately inform We Form Online
of the nature of the activities and business of the Entity and seek We Form Online written consent before
making any changes to those activities.
b. We Form Online is required by law to have certain due diligence (Know-Your-Customer) documents in place.
c. The Client expressly agrees and accepts to disclose and provide to We Form Online such documents or any
other information that We Form Online may consider necessary or desirable both at the Client acceptance stage
and on an ongoing basis in order that We Form Online could meet our legal obligations.
d. To enable We Form Online at all times to contact the Client, the Client is obliged to provide full details
of, and promptly notify We Form Online of, any changes to their residential address, telephone and fax numbers
and email address in addition to any business or other contact address as may have been provided by them.
e. The Client undertakes not to give any instruction, order or make any request to We Form Online, which would
cause We Form Online to breach the law of any country.
f. The Client shall provide We Form Online with such information, assistance and cooperation as We Form Online
may, in our absolute discretion, require for the purpose of provision of Services.
g. We Form Online shall not be responsible for any consequences that may arise from the Client’s failure to
comply with this requirement, which may incur additional fees that shall be charged to and become payable
by the Client.
h. The Client hereby confirms that any asset introduced to the Entity has been lawfully introduced and has
not been derived from Illegal Activities.
i. The Client undertakes not to cause We Form Online and/or our officers to be engaged or involved directly
or indirectly in any unlawful, Illegal or Prohibited Activities or used for any unlawful purpose.
j. The Client is obliged to give We Form Online at least thirty (30) days written notice of their intention to
terminate the Services.
k. The Client is obliged to give We Form Online at least thirty (30) days written notice when seeking to change
the beneficial ownership of the Entity.
l. The Client shall settle without delay any sum due to We Form Online, including fees, disbursements and
expenses incurred by We Form Online in connection with the Entity and/or with the provision of the Services.
a. We Form Online shall at all times be willing to consider
and entertain Client’s requests to provide Officers or Nominee Services to the Client’s Entity subject to
acceptance, restrictions and limitations provided for in these Terms and Conditions.
b. Where We Form Online provide Officers or Nominee Services, the Client must
at all times, upon request of We Form Online, pay We Form Online such sums as may be required to enable the
Entity discharge, in full, any liabilities (including We Form Online’s fees).
c. Upon written request of We Form Online, immediately provide information to enable We Form Online to prepare
annual or other statutory returns, financial or other statements in relation to the Entity.
d. The Client shall immediately advise We Form Online in writing of all legal proceedings, claims and demands
made or threatened against the Entity or We Form Online.
d. The Client shall keep and maintain and upon request deliver to We Form Online accurate financial and
business records.
e. The Client acknowledges and understands that Officers or Nominees incur personal liabilities if certain
statutory obligations relating to the Entity are not complied with and that compliance with such statutory
obligations is dependent on the Client promptly paying fees and responding to requests for information.
f. If the Client fails to pay fees when due or called for, or respond promptly to requests for information,
the Officers or Nominees shall be entitled to resign from their offices, and the Client hereby irrevocably and
unconditionally appoints We Form Online its attorney and agent for the purpose of appointing the Client as
Officer in We Form Online’s place.
g. The Officers or Nominees provided by We Form Online to act as Directors in a Client’s Entity shall be
acting exclusively upon instructions received from the Client and therefore shall not be involved in a
day-to-day operation and/or signing of contracts for/or on behalf of the Entity, or act as a guarantor on
behalf of the Client and/or the Entity.
h. An Officer or Nominee acting as Director in the Client’s Entity may entertain the Client’s request to sign
contracts and/or various documents subject to the provisions contained in Clause 8(j) hereof and for a fee to
be agreed from time to time with the Client.
i. An Officer or Nominee acting as Director in the Client’s Entity, shall not place their signature on the
agreement, or document, which refer to any loans or encumbrance made on behalf of the Entity or any other
agreement or document, which in the opinion of the Officer or Nominee, constitute a high risk and may create
liability to the Entity, We Form Online and Officers or Nominees acting as Directors in the Client’s Entity.
a. Where We Form Online provides the Registered Office
Address to the Entity, the Client shall not at any time make any reference to the Registered Office Address
in an advertisement, public announcement, promotion, or a website, without the prior written consent of
We Form Online.
b. At no time the Client shall present such Registered Office Address as the location of the actual business
operations of the Entity, its commercial records, management and control.
a. Fees and refunds are governed by the Terms of Payment, which are incorporated by reference and should be read together with these Terms and Conditions of Business.
We Form Online shall not be liable for any delay or failure
to perform any of our obligations in connection with the supply of any goods or services ordered by the Client
through the website or otherwise if the delay or failure results from events or circumstances outside our
reasonable control, including but not limited to acts of God, strikes, lockouts, accidents, war, fire or
failure of any communications, telecommunications or computer system, and We Form Online shall be entitled
to a reasonable extension of our obligations to the Client (to the extent We Form Online owe any such
obligations) should a force Majeure event occur.
b. If a Force Majeure event to which this Clause applies shall occur, We Form Online agree to notify the Client
as soon as practicable. If the Force Majeure event continues for more than fourteen (14) days, either party
shall have the right to cancel the Agreement and where services have been paid for in advance but have not been
rendered, the Client shall be entitled to a refund from the date of cancellation for all such services.
We Form Online shall be entitled by written notice to
terminate the provision of Services to the Client, if:
i. The Client is, in the reasonable opinion of We Form Online, in breach of these Terms and Conditions,
provided such breach is not remedied within fifteen (15) days following the written notice given by We Form
Online.
ii. It comes to the attention of We Form Online that the Entity is being used for activities, which were
not declared and referred to in the application submitted by the Client to We Form Online during incorporation
of the Entity, and/or these activities are considered to be Illegal or Prohibited as defined in Clauses 2(a-b)
of these Terms and Conditions.
iii. In the event that any legal proceedings are re-commenced against the Entity or the Client.
a. Any notice required to be served pursuant to these
Terms and Conditions may be served by DHL express post or email to the address and as per details last known
to the parties. Notice shall be deemed served:
i. Within five (5) business days if sent by DHL express post.
ii. By email, if confirmed by a successful transmission report.
a. References to one gender include all genders and
references to the singular include the plural and vice versa.
b. This Agreement incorporates by reference other provisions applicable to use of the websites, products and
services of We Form Online, including, but not limited to, Privacy Policy, Disclaimer, Terms of Payment and
Terms of Use, which are published on the websites.
c. No variations of these Terms and Conditions shall be binding on the parties unless agreed in writing.
d. If at any time any provision of these Terms and Conditions is held invalid or unenforceable under any
applicable law, the remainder of same shall remain in full force and effect.
e. These Terms and Conditions supersede all previous written, or verbal communications or representations
between We Form Online and the Client.
f. Nothing in these Terms and Conditions suggests a legal partnership or agency between We Form Online and
the Client.
g. The Client shall take his own independent advice on any matter relating to the Entity and any Services
provided by We Form Online that may concern the Client, or the Entity or personal affairs and shall not rely
on any representations (whether written, verbal, expressed, implied or otherwise) made by We Form Online, our
Officers or employees. As it is the Client’s responsibility to seek expert legal advice, We Form Online shall
not accept any liability to the Client, his Entity or any third party for any claims, damage or loss arising
out or in connection with the use of any of the Services.
h. No failure or delay in exercising by a party hereto of any power or right conferred by these Terms and
Conditions shall operate as a waiver of such power or right unless otherwise agreed in writing.
These Terms and Conditions shall be governed by and construed in all respects in accordance with the laws of the United Kingdom. Any dispute that arises concerning the interpretation of these Terms and Conditions shall be resolved in the courts of the United Kingdom.