Mr. Joe is a businessman.  Five years ago, he formed a company through a local agency.  He formed this company so as to sign up contracts with other suppliers and customers.  The business has done successfully and has been growing up and now with more than 20 staff.  Later on, because of some reasons Mr. Joe didn’t know, the local agency rose up the service fees up to US$2,000 per year, only mentioned including “government fees and our service fees.”  Because of this sharp increase, he negotiated with the agency and asked for price reduction but failed and at later decided to change agency.  He thought he can sign up some papers and get changes because he is a director and shareholder.  But surprisingly, not such a case.  The result is that he has to either pay the increased fees controlled by the local agency or give up the company and form a new company.  You may not know that when you form an offshore company, you cannot change local agency or you have to pay a huge amount of compensation before the change.  BECAUSE:
THERE IS NO SUCH LAW TO ALLOW DIRECTORS/SHAREHOLDERS TO MAKE THE CHANGE OF LOCAL AGENCY
IT IS A COMMON PRACTICE
THE LAW OR PRACTICE NEED TO PROTECT LOCAL AGENCY

There is no an issue if you don’t change the local agency.  However, if it is the case that EITHER
YOU LOST THE CONTACT DETAILS OF LOCAL AGENCY, OR
THE LOCAL ANGENCY CLOSED THE BUSINESS, OR
YOU CANNOT FIND THE LOCAL AGENCY BECAUSE THEIR CONTACTS HAD CHANGED
AND YOU HAVE USED THE OFFSHORE COMPANY TO SIGN UP IMPORTANT CONTRACTS, AGREEMENTS, ETC…. AND
NOW THE BUSINESS PARTIES NEED YOU TO SHOW TWO DOCUMENTS, FOR EXAMPLE
CERTIFICATE OF INCUMBENCY ….. the local agency signs up to certify the structure of the company such as directors, shareholders, share capital, etc.
GOOD STANDING LETTER ……… the local agency signs up to certify that the company is now in existence

CAN YOU FIND ANOTHER AGENCY TO HANDLE FO YOU ?   THE ANSWER IS ABSOLUTE NO OR UNCLEAR
The answer is unclear is that you might find an agency and because he wants to do the business with you, he might promise you first and later say “sorry” I cannot help you and recommend you to form a new company.
AS A PROFESSIONAL LIKE US, WHEN YOU READ OUR WEBSITE, I HAVE A RESPONSIBILITY TO TELL YOU THE TRUE; I DON’T THINK YOU WILL GET SO MUCH VALUABLE INFORMATION FROM OTHER PROFESSIONAL WEBSITES, THEY ONLY SHOW GENERAL INFORMATION YOU CAN GET FROM A LOT OF WEBSITES.