Terms of Service
Last Updated: May 5, 2025
- ACCEPTANCE OF TERMS
These Terms of Service (“Terms”) govern your access to and use of the services offered by Pearl Formations (“we,” “our,” or “us”) through our website www.pearlformations.com and related services (collectively, the “Services”).
By accessing or using our Services, you agree to be bound by these Terms. If you do not agree to all the terms and conditions, you may not access or use our Services.
2. SERVICES DESCRIPTION
Pearl Formations provides administrative facilitation services to assist clients in establishing offshore corporate structures in the British Virgin Islands and Cayman Islands. Our services include:
– Consultations regarding appropriate offshore structures
– Assistance with document preparation and submission
– Coordination with local registered agents and service providers
– Administrative support during the formation process
– Connecting clients with specialized professionals for ongoing support, such as legal, tax, or accounting professionals
PLEASE NOTE: We are not a law firm, tax advisor, or licensed registered agent. We act as facilitators and administrative assistants between clients and the relevant service providers. All official registration services are performed by licensed registered agents in the respective jurisdictions.
- CLIENT RESPONSIBILITIES
When using our Services, you agree to:
3.1 Provide accurate, complete, and up-to-date information and documents, including for compliance with all applicable anti-money laundering (AML) and counter-terrorist financing (CTF) regulations
3.2 Obtain independent legal, tax, and financial advice before making any decisions based on our Services
3.3 Use the offshore structures established through our Services for lawful purposes only
3.4 Pay all fees associated with our Services and the services of local registered agents in a timely manner
3.5 Respond promptly to requests for additional information or documentation
3.6 Update your information as necessary to ensure accuracy and compliance.
- FEES AND PAYMENT
4.1 Our fees are provided upon consultation and are based on the specific services requested.
4.2 All fees must be paid in advance of service delivery unless otherwise agreed in writing.
4.3 We accept payment in cryptocurrency, specifically USDC (ERC-20 and SOL) and USDT.
4.4 Our invoices may include both our service charges and disbursements to third-party service providers (such as registered agents and government fees). These will be clearly itemized.
4.5 Refunds are provided solely at our discretion and may not be available once third-party services have been engaged.
4.6 We reserve the right to suspend or terminate Services for non-payment.
- INTELLECTUAL PROPERTY
5.1 All content on our website, including but not limited to text, graphics, logos, images, and software, is the property of Pearl Formations and is protected by intellectual property laws.
5.2 You may not reproduce, distribute, modify, or create derivative works from any material on our website without our prior written consent.
- PRIVACY
Your use of our Services is also governed by our Privacy Policy, which is incorporated into these Terms by reference.
- DISCLAIMER OF WARRANTIES
7.1 Our Services are provided on an “as is” and “as available” basis, without any warranties of any kind, either express or implied.
7.2 We do not guarantee that the offshore structures established through our Services will meet your specific business needs or objectives, nor do we guarantee any regulatory or tax outcomes.
7.3 We do not provide legal, tax, or investment advice. Clients are strongly encouraged to seek independent professional advice regarding the legal and tax implications of establishing and operating offshore structures.
7.4 We are not responsible for the actions or omissions of third-party service providers, including registered agents, professional advisers, or governmental authorities.
7.5 For the avoidance of any doubt, we are not responsible for ongoing compliance with any rules, regulations, filing and notification requirements or fees applicable to (i) any entities which may be established for you or (ii) the directors, officers, supervisors or beneficial owners of such entities, including relating to tax, accounting, economic substance, and data protection.
- LIMITATION OF LIABILITY
8.1 To the maximum extent permitted by law, Pearl Formations shall not be liable for any indirect, incidental, special, consequential, or punitive damages resulting from your use of or inability to use our Services, including loss of profits, revenue, data, or business opportunities.
8.2 Our total liability for any claim arising from or related to these Terms or our Services shall not exceed the amount paid by you for the specific services giving rise to such claim.
8.3 We shall not be liable for any delays or failures resulting from acts beyond our reasonable control, including force majeure events, regulatory changes, or third-party service provider failures.
8.4 This limitation applies even if we have been advised of the possibility of such damages.
- INDEMNIFICATION
You agree to indemnify, defend, and hold harmless Pearl Formations, its officers, directors, employees, affiliates and agents, from and against any claims, liabilities, damages, losses, and expenses, including reasonable attorneys’ fees, arising from or related to your use of our Services, your violation of these Terms, or your violation of any applicable laws or third party rights.
- TERM AND TERMINATION
10.1 These Terms shall remain in effect until terminated by either party.
10.2 We may suspend or terminate your access to our Services at any time, without notice, if you breach these Terms or engage in any conduct that we reasonably believe is unlawful or harmful.
10.3 Termination will not affect any accrued rights or obligations or any provisions of these Terms intended to survive termination (including but not limited to indemnity, limitation of liability, and governing law).
- PROHIBITED ACTIVITIES
You agree not to use our Services to:
11.1 Conduct any unlawful activity or pursue any unlawful purposes
11.2 Facilitate tax evasion or money laundering
11.3 Circumvent sanctions or engage with sanctioned countries, entities or individuals
11.4 Engage in fraudulent activities
11.5 Infringe on the intellectual property or privacy rights of others
11.5 Misrepresent your identity or eligibility to use the Services.
- GOVERNING LAW AND DISPUTE RESOLUTION
12.1 These Terms shall be governed by and construed in accordance with the laws of the British Virgin Islands.
12.2 Any dispute arising from or relating to these Terms or our Services shall be resolved through binding arbitration conducted in the British Virgin Islands under the BVI IAC Arbitration Rules.
12.3 The language of arbitration shall be English. The arbitration award shall be final and binding, and judgment on the award may be entered in any court of competent jurisdiction.
- MODIFICATIONS
We reserve the right to modify these Terms at any time. We will provide notice of any material changes by updating the “Last Updated” date at the top of these Terms. Your continued use of our Services after such modifications constitutes your acceptance of the revised Terms.
- SEVERABILITY
If any provision of these Terms is found to be unenforceable or invalid by a competent court or arbitrator, that provision will be limited or eliminated to the minimum extent necessary, and the remaining provisions will remain valid and enforceable to the fullest extent permitted by law.
- ENTIRE AGREEMENT
These Terms, together with our Privacy Policy, constitute the entire agreement between you and Pearl Formations regarding our Services and supersede all prior agreements and understandings.
- CONTACT INFORMATION
If you have any questions about these Terms, please email us at:
in**@*************ns.com