Offshore company formation - better way, better growth

Setting up a business abroad can be tough.

You're forced to brave through layers of complex local laws and corporate governance guidelines only to struggle to stay on top of it all in the end.

But what if there's another way to approach this? One that allows you to

  • Fast-track formation process
  • Be in control of all compliance related matters
  • Stay on top of any law changes

This is where we come in.

Not sure where to go offshore? Talk to our expert

Typical use of an offshore company

An offshore company can be flexible with various business industries.

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E-commerce

E-commerce businesses typically benefit the most from an offshore structure as they're not tied down by any physical bounds. Yet selecting a proper offshore jurisdiction requires a well-thought plan due to sales tax, payment processing gateway and hosting consideration for place of business issue.

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International Trading

Like e-commerce industry, international trading finds an offshore structure highly potential as it involves cross-border transactions. Two critical things, among other issues that should be factored into account include PE establishment and transfer pricing rules.

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IP Holding

A company structure holding IP assets like patents, trademarks often situate in a jurisdiction with low to none corporate income tax, having favorable tax treatment on royalties and payment of dividend. Beyond tax, the country should have a strong legal framework for IP protection.

Need more resources? This page helps you out.

Wonder how an offshore company fits your plan?

Just leave your questions here, and we will get back within 2 hrs.

  • Non-Obligatory Consultation
  • Highly Responsive Reps

Offshore company registration just in 4 steps

Things are likely to go awry if you can't arrange thoroughly before starting your offshore business venture.
Explore your roadmap to offshore company with following series of steps

Determine the right legal business entity

Uncertain about whether Limited (Ltd), Limited Liability Company (LLC), or International Business Company (IBC) should be your wise choice? Our friendly consultants are awaiting to share with you practical advice.

Choose the company name

Rule of thumb is your company name must be unique. And each offshore jurisdiction may impose different naming requirements. Need help? Check out our Entity Name Check Tool.

Legalize your company registration

You'll have to register for business licenses and certain permits with the licensing agency to bring your company into legal operation, depending on your business type and registration jurisdiction.

Open a business account

The management of all business transactions requires a business account. You can obtain the account with a bank or fintech solutions as the alternative.

What makes us different

One-time setup, lifetime support

Dedicated reps along with the company management portal to do the heavy lifting for you on the annual compliance part.

management dashboard

Ideal onboarding experience

Designed for speed & simplicity with built-in functions to facilitate the onboarding.

onboarding experience

Less confused, more efficient

Get frustrated with many local regulations for your offshore company incorporation? Fret not! Our turnkey packages are here to make local compliance a breeze.

package img

No push, just real value

Feel unsure? Just take your time to digest our resources or chat with our consultants.

offshore company comparison img

One-time setup, lifetime support

Dedicated reps along with the company management portal to do the heavy lifting for you on the annual compliance part.

management dashboard

Ideal onboarding experience

Designed for speed & simplicity with built-in functions to facilitate the onboarding.

onboarding experience

Ideal onboarding experience

Designed for speed & simplicity with built-in functions to facilitate the onboarding.

onboarding experience

Less confused, more efficient

Get frustrated with many local regulations for your offshore company incorporation? Fret not! Our turnkey packages are here to make local compliance a breeze.

package img

No push, just real value

Feel unsure? Just take your time to digest our resources or chat with our consultants.

offshore company comparison img

One-time setup, lifetime support

Dedicated reps along with the company management portal to do the heavy lifting for you on the annual compliance part.

management dashboard

Our Pricing

* Annual fee does not include annual economic substance filing if there is any

How it works with BBCIncorp

From making incorporation decisions, creating order to managing incorporation process,
we add value along your incorporation journey.

Understanding your case

Our developed in-house consultants with relevant experience in corporate formation will assist you to determine and clearly set out your business goals and conditions. With that information, we help you choose the right plan that could satisfy your needs in an effective manner.

Knowing your client (KYC)

Based on a unified agreement, we will collect the required customer's documents and verify them with signed order and due diligence forms. Our digital Client Portal is tailor-made for client's enhanced experience while using our services. You'll log in and can proceed with the incorporation steps and keep track of the process anytime, anywhere.

Incorporation process

The order form will be passed through the compliance department and the company registrar for incorporation. Depending on each country, the time needed to obtain the hard copies of company documents could be as short as 1 hour to a couple of working days.

Post-registration services

A successful registration of offshore company is only the first step to achieve your goal. You might need to open a bank account for trading with your partners. Depending on your selected package, we will continue to assist you with additional services to get your company ready for doing business.

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Required Documents

Each country might have different requirements of the documents for setting up a company, but below information will give you a good reference to start with.
  • (i) Scan of notarized passport of all shareholder(s)/director(s)/beneficial owner(s);
  • (ii)Scan of notarized address proof of all shareholder(s)/director(s))/beneficial owner(s);

All needed to be dated within 3 months.

Register your company

FAQs

Get your answers from commonly asked questions.

In business context, "offshore" is associated with a jurisdiction out of the home land where has more beneficial conditions. An offshore company is often attached to many advantages such as favorable tax, asset protection, business privacy, etc. Moreover, some jurisdictions will have special programs and laws to encourage the growth of certain business sectors.

Starting or moving your business offshore will require you to register the business in the country of registration, which is called "offshore company formation". The regulations and requirements will vary by the jurisdiction. However, most offshore countries have relaxing laws to welcome entrepreneurs around the world to land their businesses within the borders. Each country will have various business structures you can choose from. Common structures are International Business Comany (IBC), Corporation, Business Company (BC), Limited Liability Company (LLC).

Businessmen/ Digital entrepreneurs:
With an offshore company, you can begin an activity without the need to deal with the setup of complicated infrastructure and reap tons of benefits from offshore jurisdictions.
Digital entrepreneurs are one of the main groups to fit in an offshore company. This group don't have a fixed addresses or business offices. They facilitate the digital platforms to start and grow their businesses. They prefer the simple online incorporation, minimal tax reporting requirements that can save their budget. And offshore companies meet their criteria.

Ecommerce business:
One of offshore company's key features is flexibility and simple setup, which is a good facilitator of those whose business is on the Internet, maintain domain and manage sites. Another advantage is tax optimization for online businesses. Sales tax is the top concerning issue when operating an online business. Typically, some offshore jurisdictions don't collect sales tax for the purchasing whithin the borders.

Consultants / Counsellors:
Simple administration and high level of privacy make offshore company incorporation a great choice for consulting businesses.

Trading business:
International trading companies are often connected with offshore company structure thanks to its versatile nature.

Holding business:
Holding company does not engage in any trading activities but is established to hold shares or assets of other companies. An offshore company has various uses, for example reducing withholding tax, increasing asset protection, and enhancing privacy, so it is considered preferred choice for holding or IP holding company.

Forex/crypto based business:
Another group that suits to start a company offshore is stockbroker or forex service provider. Most offshore jurisdictions have great asset protection laws and corporate anonymity. Besides, some offshore jurisdictions have friendly environment and strong financial services that are ideal starting the related businesses.

Yes. It is legal for you to own an offshore company. The problem is that you just need to follow the regulations set out by the country of company registration. Such regulations can be tax filing, annual reports and other ongoing obligations.

Tax is the most concerning matter when it comes to starting an offshore company. Most countries will try to optimize the taxable amount for foreign businesses to encourage the company registration. The downside is that some countries have excessively favorable regulations that potentially lead to tax evasion, or illegal tax avoidance.

Thus, offshore businesses usually must comply with additional tax reports following Foreign Account Tax Compliance Act (FATCA), or requirements set out by the Organization for Economic Cooperation and Development (OECD) and the World Trade Organization (WTO). European Union (EU) also has a list of non-cooperative tax jurisdictions for tax purposes. The countries that are in the scope must apply regulations on businesses to ensure the tax transparency.

If you register your offshore company with a jurisdiction, your business has legal protection. So the answer is "Offshore companies are safe" as soon as you comply with the related requirements, especially tax reporting regulations. So do reasearch carefully the applicable requirements of your business to make sure your company stay compliant.

The main reason for starting an offshore company is to enjoy more favorable conditions. Such conditions can be tax advantages, simple incorporation, beneficial environment for specific types of businesses.

Some business owners, especially owners of big firms, want to have an offshore company to hold their intangible assets such as intellectual property for tax purposes. They can cut down the amount of business taxes by using transfer pricing for their offshore company.

There is no limits to the benefits of an offshore company. Governments of offshore countries constantly update business trends and keep their laws and supportive programs up-to-date. Below are advantages you can find in many offshore countries:

  • High level of corporate privacy and assest protection
  • Easy and simple incorporation process
  • Favorable tax conditions
  • Minimal reporting requirements

Best offshore company jurisdiction is the one that fits your business needs. Over 40 countries encourages overseas investors to start offshore company within the borders. Each of them has distinct and competitive features to magnitize entrepreneurs around the world. Thus, considering the following impactful factors for choosing the best one:

  • How you want your company is taxed;
  • Where your customers are located;
  • What type of products and services you are planning to sell; and
  • How your prefer cost, service speed and range of related services of the incorporation to be.

There are still other considerations for the offshore country selection depending on your specific situation.

Below are some tips to help you determine an offshore jurisdiction that excellently fits your business needs:

  • The country profile: The stability of economy and politics from high-profile countries provides the potential for your business growth.
  • Country of residency: Where you live will affect to the eligibility of offshore company registration.
  • Tax regime: Take time to examine tax rates that may apply to your business and exemption cases (if any). Chances are business owners could save money by operating in a low-tax or even no income tax jurisdictions.
  • High-risk or low-risk list: Be aware if your chosen offshore jurisdiction is in the "red" list namely EU list of non-cooperative tax countries, US sanctioned countries. This will affect to your business trading or expanding plan.

Find out more

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