An offshore company is a corporate entity that can only operate outside of the country of its incorporation, but can trade with established domestic companies that have been formed within the same jurisdiction. It is regulated by and must operate under the tax regime of the jurisdiction of incorporation.
Offshore companies are normally formed in a jurisdiction where taxation is much lower, and reporting restrictions far more flexible. Other common names for this type of company are non-resident Company or International Business Company ("IBC")./
We will provide you with advice for a representative offshore jurisdiction based on the company's business and products or services, what its objectives and concerns are with respect to its home country tax exposure, and other such issues. We will further assist you with the incorporation of the company of your choice. We maintain your corporate minute books and can assist you with any corporate changes to the company.
United Arab Emirates
Both the Jebel Ali Free Zone and Ras Al Khaimah Free Zone offer the possibilities of offshore companies. A Jebel Ali Free Zone Offshore company is formed under the Jebel Ali Free Zone Companies Regulations 2003. A RAK offshore company is formed under the International Business Company Regulations 2006 of RAK Investment Authority.
A JAFZA/RAK offshore company can be incorporated for only $ 6,000. We can assist you with the setup of the bank account for $ 1,400.
British Virgin Islands
British Virgin Islands adopted a well-worded and flexible law on offshore corporations. Further, apart from being in effect a tax-free company and at the same time legally qualifying as a domestic firm, the new BVI Business Company has a full range of benefits. It does not have to state the financial value of its authorized capital. There is no requirement to file the data on directors or shareholders with the Registrar of Companies, but a company may choose to do so. No financial reports or accounts need be filed. No operational objects need to be stated in the Memorandum of Association of the company, however, the company may choose to become a "restricted purpose company".
A BVI company can be established for only $ 4,000. We can assist you with the setup of the bank account for $ 1,500.
Although there are fairly high rates of tax for resident persons and companies in Belize, it now offers tax-free IBCs by virtue of the IBC Act 1990. This legislation is modeled on the earlier British Virgin Islands legislation.
A Belize IBC is formed under the Belize International Business Companies Act. A Belize IBC is a perfect corporate vehicle for international financial transactions, being especially designed with the offshore investor in mind. Belize's laws facilitate fast and simple incorporation.
A Belize company can be established for only $ 3,900. We can assist you with the setup of the bank account for $ 1,500.
Cyprus enjoys the lowest corporate tax rate in Europe: there is a 10% corporate tax levied on the resident companies based on the worldwide income. Cyprus has been sought as a base for several offshore businesses for its highly developed infrastructure.
A Cyprus company can be established for only $ 5,500. We can assist you with the setup of the bank account for $ 1,500.
A Seychelles IBC is among the most competitive International Business Companies available today on the world offshore financial services marketplace. Apart from being completely tax-free, the Seychelles IBC boasts low maintenance costs, no reporting, no requirement to file accounts or annual returns, no records of directors and shareholders on public file, the availability of bearer shares, no information-sharing agreements and stringent confidentiality provisions protected by law and courts.
A Seychelles company can be established for only $ 3,900. We can assist you with the setup of the bank account for $ 1,500.
GBC1 Companies, which were previously known as "Offshore Companies", are formed under the Companies Act 2001 and now regulated by the Companies Act 2001 and Financial Services Development Act 2001. The substantial advantage offered by the GBC 1 Company is that it may be structured to be tax resident in Mauritius, and may thereby access the taxation treaties signed by Mauritius with numerous countries. This makes it extremely attractive to invest in one of these countries through a Mauritius GBC1 Company as taxation treaties provide that profits can then be withdrawn from that country either without the imposition of withholding tax or subject to a substantially reduced rate of withholding tax.
A Mauritius company can be established for only $ 9,000. We can assist you with the setup of the bank account for $ 1,500.
Corporations not having any business in Delaware pay no Delaware Corporate income tax. Franchise tax compares favorably with other states and is payable on the authorized share capital of a company at a rate of 1%. It should be noted however that Delaware corporations do fall within the Federal Tax System.
A Delaware company can be incorporated for only $ 3,900. We can assist you with the setup of the bank account for $ 1,500.
A Singapore incorporated company may be resident or non-resident depending on its place of central management and control and the origin of its trading income. Where a company has the majority of its directors residing outside Singapore (there must always be one Singapore-resident director) and does not carrying on business in, or derive profits from, Singapore, it will generally only be taxable on income remitted to Singapore.
A Singapore company can be established for only $ 8,500. We can assist you with the setup of the bank account for $ 1,500.
As one of the world's leading international financial centers, Hong Kong has a major capitalist service economy characterized by low taxation and free trade. A company not having any business in Hong Kong and does not generate any incomes from Hong Kong sources will not be taxable in Hong Kong.
A Hong Kong company can be established for only $ 5,000. We can assist you with the setup of the bank account for $ 1,500.