licensed Offshore Company Formation
We offer legal offshore company formation for better tax planning and clients use advantage of offshore company business to legally reduce taxes. We register offshore companies in traditional offshore countries like BVI, Belize, RAK, Hong Kong and Cyprus and many others.
Opening n offshore company: Services offered…Payment can be made by PayPal, Credit Card, ON-LINE or by bank transfer
- Professional advice
- Worldwide company registration services
- Offshore Bank account opening
- Cost effective prices
- Customized order processing
- Full support
- Fast turnaround
Our professional services includes; Lawyers, Accountants, Tax Advisors and Auditors, all having extensive experience and can advise the best options. All companies we offer are fully legal and able to conduct activities worldwide. An offshore company, nominee director, nominee shareholder, virtual office, offshore bank account with debit cards is quick, easy and cost-effective
For keeping information anonymous and protecting privacy, including keeping all business details confidential, and the limited liability and tax savings delivered by offshore companies they are clearly the preferred type of company structure.
Some advantages of offshore companies are:
- Nil or low taxes
- Confidentiality and privacy protection
- Business can be conducted internationally
Business Advantages of Opening an Offshore Company
In order to achieve your goals, it is vital to select the best country (jurisdiction) in which to register your offshore company. An offshore company can allow the owners of the business to dramatically reduce tax liabilities legally.
The offshore company can open bank accounts and trade normally anywhere in the world, like any other company; with complete confidentiality. Leading international banks and companies go offshore to facilitate financial management of their businesses.
Offshore corporations possess equal legal rights like any other non-resident companies.
Offshore Company Formation: Tax Advantages
There are many “offshore” tax havens and financial centres such as Cyprus, Belize, Liechtenstein, Luxembourg, Hong Kong, Panama and others. An offshore company often benefits from zero company tax and strong privacy laws so business owners who are resident in high tax countries may use a zero tax offshore company to accumulate profits offshore, which can then provide even more beneficial treatment on investment income, thus increasing the overall benefit of an offshore structure.
In addition to tax savings an offshore company in a tax haven can provide legal, administrative and fiscal benefits. Prior to establishing an offshore structure we strongly advise you to research the issues and obtain independent professional advice in the country where you are tax resident.
An offshore limited company is a legal entity, separate from the Directors and Shareholders, so liability or loss incurred by the limited company is claimable from the company’s assets and share capital; not Shareholders or Owners. Payments paid to individuals from the offshore shore company may be taxable in the country where they are tax resident.
Offshore company formation and the offshore bank account opening are facilitated under the strictest confidentiality and support and guidance is provided throughout the process and ongoing thereafter.
Offshore Trading Companies: For international trade; the order can be placed by the offshore company and goods sent directly to the client for the supplier. The client will pay the offshore company; thus profits on the transactions may not incur tax.
Offshore Holding Companies: An offshore holding company can be a tax-free solution, and dividends do not need to be paid so subsidiaries can benefit by profits accumulating in the offshore holding company.
Holding company for Intellectual Property (IP), Copyright, Patents, Royalties: Offshore companies can own rights to use and to issue licence agreements.
Offshore Trust or Foundation: Trusts and Foundations are similar structures and may be used for a variety ways to protect and manage assets whilst providing the highest degree of confidentiality, and are often used in conjunction with an offshore company structure. Some used for a Trust or Foundation include:
- Asset Protection and confidentiality
- Tax Planning
- Provision for dependants
- Creating or making provision for Charities
We can incorporate companies in any country. However we focus on the above countries because they offer the best solutions for creating corporate structures wherever in the world you are located.
Our recommended jurisdictions combine stable legislation, solid government, highly competitive rates and trouble free registration in only 24 hours for Belize, and an accelerated service for a fast Cyprus company registration in 3 days.
Offshore Companies – A History
The low-tax (offshore) sector has grown as a response to high tax rates, and now it is estimated that more than half of the World’s money is in low-tax jurisdictions. There are 70 self-declared tax havens already.
In the last decades of the 20th century, it seemed that the large, rich nations no longer had the financial clout or even the desire to take on ‘offshore’ in any comprehensive way. This was partly because the rich countries had their own tax breaks and incentives for particular local purposes, and partly because the rich countries themselves (both the countries and their citizens) make plentiful use of ‘offshore’. The OECD fulminated about ‘harmful tax competition’, and the EU complained about ‘unfair tax practices’, but in the real world of offshore there was little change to low-tax regimes. On the contrary, many jurisdictions which had traditionally made their living from bananas, sugar and tourism decided to join the low-tax bandwagon.
In 1999 and 2000, global concerns about money-laundering and fears about the leakage of tax revenues gave the rich countries a motive and the opportunity to mount a more concerted attack on ‘offshore’, and this was much accentuated by the horror of 9/11 as the world tried to get to grips with the financing of terrorism.
The EU, the OECD and a US Democratic administration joined forces to attack ‘offshore’. This certainly led to better regulatory structures in many of the IOFCs, and after initial fierce resistance to the underlying agenda of ‘tax harmonisation’, it also led to the spread of ‘transparency’ among low-tax jurisdictions, meaning that the domestic and international (non-resident) regimes were ‘harmonized’, usually at a tax rate somewhere between the pre-existing rates. Some jurisdictions simply abandoned corporate taxation altogether.
Perversely, the result of forcing the low-tax jurisdictions to clean themselves up was to make them into more effective competitors, and their growth rates in the first decade of the 21st century far outstripped those of the high-tax countries that were tormenting them.
One thing that the rich countries can do, and increasingly try to do, is to limit the behavior of their own citizens offshore. As ever, their prohibitions have far more effect on poor people than rich ones. Well-advised, wealthy individuals and corporations generally manage to avoid anti-avoidance measures.
The Internet brings a new dimension to taxation, because for the first time it is possible for a supplier to offer and deliver some sorts of product (e.g. music, gaming and financial services) to citizens in ways which completely bypass the traditional tax-measuring and tax-collecting arms of government. The tax leakage this implies has spurred governments on to a more effective attack on low-tax techniques and locations; but they have had only partial success. It’s likely that a global approach to e-commerce taxation will evolve in time. This is not a problem that can be solved by individual countries, or even by groups of countries.
IOFCs themselves are a very mixed bag, and serve a variety of different purposes for various types of individual and corporation. Not all of those purposes are legitimate: there is no question that drug barons and other illegal ‘businessmen’ have used and do use IOFCs to wash their money before recycling it legally. The world’s Governments and over-arching economic organizations such as the OECD have had some success in preventing abuses, but laundering remains a problem in some IOFCs. Among the main legal uses of IOFCs are:
* Tax-efficient structuring of international trade
* holding and investment companies
* offshore investment funds
* protection of personal wealth using trusts
* international financial services, notably banking and the trading of financial assets
* ‘captive’ insurance companies
* shipping registries
* betting and gaming
* distribution of electronic goods including music and software
Many IOFCs are most useful in relation to a particular high-tax country, e.g. the Isle of Man which is offshore the UK. Others have specialized in particular business sectors. The Jurisdictions section of the lowtax.net site describes the characteristics and uses of many of all the main IOFCs in depth, and in the Uses of Offshore later in this section you will find a sector-by-sector analysis of how offshore can be used, with links to the jurisdictions that specialize in each sector.
Many IOFCs use both English legal systems and the English language; and there are plenty of reputable advisers to help a beginner through the early stages of using a low-tax jurisdiction, whether in terms of trading, investing, or in terms of living there.
A Cyprus offshore company can be the perfect holding company mode for operating within the EU. A Belize offshore company can be the perfect holding company for holding shares in companies that operate inside the EU; especially Cyprus companies. Cyprus offshore companies benefit from 45 double taxation agreements. Cyprus offshore companies can operate as holding companies; holding shares in companies with little or zero withholding tax. Cyprus offshore company formation is easy and is suitable for businesses trading within and outside the EU. Belize offshore company formation is easy and is suitable for businesses trading within and outside the EU. Seychelles offshore company formation a straightforward process and international bank are used to operating with such companies. Cyprus company registration is done in two parts; first the name is approved and then the company registration process is completed and companies house by the registrar of companies. Belize company registration is done in two parts; first the name is approved and then the company registration process is completed and companies house by the registrar of companies. In Cyprus company incorporation will be followed by registration for company and VAT. To register offshore company in Belize takes 24 hours. The register offshore company in Cyprus is supervised by the registrar of companies at Companies House. The process to register offshore company in Belize, BVI or Seychelles is simple and fast. The decision to incorporate offshore should deliver tax deductions and asset protection. Owners that incorporate offshore can benefit from asset protection and low taxes. A Belize offshore company will have no problems opening an offshore bank account in any EU country with internet banking and debit cards. A Seychelles offshore company will have no problems opening an offshore internet bank account with debit cards in any EU country. Belize offshore companies are taxed at 0% and there are no requirements for annual reporting. In Belize offshore company formation is supervised by the registrar of companies at companies house in Belize. Belize company registration includes the provision of a memorandum and articles of association. To maximize tax efficiency, Belize company incorporation is often used with a Cyprus offshore company. To maximize tax efficiency, Cyprus company incorporation is often used with a Seychelles offshore company. Many businesses register offshore companies to legally save tax and protect assets. Business in the EU and North America often register offshore companies to legally save tax and protect assets, by using holding companies and various double taxation treaties. The registration of companies in Cyprus is managed by Cyprus company house. The registration of companies in Belize is managed by Belize company house. When you decide to incorporate companies in Seychelles, BVI or Belize, it only takes 24 hours.