Company Formation

An offshore company is a company that is registered in a low or zero tax rate jurisdiction or country. Contrary to popular belief, offshore companies are not illegal, but can help you reduce your tax expenses. Offshore companies are common in trade and mediation activities, property management and shipping. Offshore companies are founded in countries that offer, in addition to the aforesaid, confidential property management and have a flexible and simple commercial code.

The most popular jurisdictions for foundation of offshore companies are the British Virgin Islands, Belize, Panama, but also Great Britain. Our clients' full confidentiality is guaranteed. We prefer personal approach in communication with our clients to ensure mutual trust and full benefit. In addition, we offer FREE CONSULTATION for finding the best solutions to specific problems. Setting up a company in an offshore jurisdiction is simply incorporating your own company outside of the country where you reside. The only difference between your own company onshore and your own company offshore, is one must follow the laws of the land in which the company was incorporated along with legislation from your resident country in regards to international business. This can sometimes cause confusion. Each country in the world has its own company law guidelines. A self-governed location, such as a country or nation state is called a 'jurisdiction' if it implements an independent tax system. Jurisdictions can typically choose their own tax regulations, such as setting corporate tax rates. These jurisdictions set a rate for taxing corporate profits. Singapore and Hong Kong are amongst the lowest corporate tax rates in the world and have become popular destinations for entrepreneurs undertaking offshore company formation. This gives business owners opportunities to incorporate in a low tax, or tax exempt, jurisdiction with excellent reputations as efficient business hubs.

Tax planning is a significant aspect to address when starting a business, especially smaller enterprises or start-ups. Setting up an appropriate corporate structure in a suitable jurisdiction will help boost an entity's growth, and can mean the difference between expanding and thriving or scrimping and surviving.

Jurisdiction

EUROPE Lots of people are heading towards Europe to start their own company due to numerous opportunities available in Europe.	UNITED KINGDOM The United Kingdom is perhaps the easiest andleast expensive jurisdiction in the world in which to establish a limited company. Certainly within Europe and more specifically within the EEA (European Economic Area)	BRITISH VIRGIN ISLAND BVI is an independent country with a fairly high standard of living. Therefore, it avoided entering any information-sharing agreements with foreign countries or organizations for exchange of financial aid.	SWEDEN Sweden maintains a very competitive position in the global economy. Its economy thrives on innovative investment, new technologies and competence. Indeed, there are few other countries with as many multinational businesses as Sweden.
CYPRUS Cyprus is regarded as a prestige low tax jurisdiction, unaccompanied by the aura of suspicion normally surrounding offshore jurisdictions. A company registered in Cyprus, comes into its own when used as part of a well designed international tax strategy.	BELIZE Belize is known for its political and economic stability and its Legal System is based on English Common Law and local statute. Belize corporations are 100% tax free which means that there is no income, capital gains, profit or inheritance tax. Moreover, Belize companies have very low annual fees compared to other offshore jurisdictions.	UNITED ARAB EMIRATES Dubai is considered a tax heaven by a lot of foreign investors especially for the ones willing to open offshore companies in the free zones of it. Apart from unique tax advantages the UAE is an attractive place for business due to its favorable geographical location, and stable economic and political situation. Bureaucracy in the country is at the lowest level.	MALTA Malta's tax efficient structure, based upon the full imputation system as well as the general tax refund system, has also been approved by the EU Commission in 2006. Malta by far provides the most advantageous environment for European onshore business and investment, providing a favourable business and tax environment for shareholders of Malta registered companies.
PANAMA Panama, Since 1927, Panama is the pioneer in offshore destinations and it currently has the second largest number of offshore registered companies after Hong Kong. One of the major advantages of Panama Non-resident corporations is that companies registered in Panama are not considered as offshore companies in many jurisdictions in the world. Yet, as a non-resident corporation you still benefit from 100% tax free regime.	SEYCHELLES The most popular type of offshore company in Seychelles is the International Business Company (IBC). Seychelles IBC is a tax-free corporation designed for engagement into all forms of international business, with no reporting and minimum record- keeping requirements, and comprehensive confidentiality features – a perfect way to establish an offshore business!	HONG KONG Hong Kong is one of the world's international business hubs with a growing number of expat-owned businesses. It has a well-established legal system which is based on the English legal system. HK has a lot of genuine trading activities. Therefore an offshore company with a HK correspondence address will have an advantage over those without a HK correspondence address. HK has no exchange control.	VIETNAM After decades of war and building the country, Vietnam has carried out economic reforms in the direction of innovation and has transformed its "centrally planned economy" to a "socialist–oriented market economy". In the last decade, Vietnam is one of the countries operating most effectively in the world with high GDP growth rate and income per capita growth rate. Opening a foreign-owned business in Vietnam is possible and even encouraged by the Vietnamese government, although the laws are complex and the process can be complicated for those who don't know it.