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Company formation made simple

Easily Form a business overseas

Setting up a business overseas demands complete knowledge of local laws and can be surprisingly complex in some cases depending on your business objectives and structure. Getting things done right from the start is of the most important thing to avoid any problems that might arise later for your company.

In addition, strict timelines might not allow business owners to take a thorough examination of compliance duties to maintain a company in a good standing. Failing to comply in such cases implies heavy penalties and even convictions, thus negatively affects a corporate image.

Our local experts with relevant experiences in dealing with company incorporation in many industries can fast-track your formation process and help you stay in compliance with local laws. Our local contact with authorities will keep you informed of any changes that could have an impact on your business. Besides, we can serve as your single point of contact where you can rely on to completely get rid of the needs of hiring separate local law firms, banking, accountants, auditors and more.

What makes us different

We make it fast & simple

The whole process designed for speed, simplicity and ideal onboarding experience

We charge you less for more

All fees are explicitly included in our packages. We do not charge for things beyond what you need

No push, just real value

No pushy sales. A thorough understanding of our clients’ circumstances is required before going further

One-time set-up, lifetime support

We help you keep an eye on compliance requirements and local regulatory changes that could affect your business

How we make your company a reality

  • Understanding your case

    Our developed in-house consultants with relevant experience in incorporation 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. The invoice(s) is also issued for customer to make payment via our suggested methods. All things are done online, so you do not even need to leave your seat.

  • 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.

  • Get your company ready

    Successful company formation 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.

Our Pricing

JURISDICTIONSFIRST YEAR FEEANNUAL FEEPACKAGE DETAILS
AfricaMauritius (AC)1,9991,849See more
Seychelles599579See more
AmericasAnguilla899859See more
Bahamas1,5391,459See more
Belize639699See more
British Virgin Islands1,0991,059See more
Caymand Island (Exempt)3,2993,099See more
St. Kitt and Nevis1,0991,149See more
Panama1,2491,149See more
St. Vincent and Grenadines1,099999See more
AsiaHong Kong799739See more
Ras Al Khaimah2,6992,520See more
Singapore2,4992,390See more
EuropeCyprus2,6502,399See more
United Kingdom699639See more
Jersey1,2591,190See more
OceniaMarshall Islands (IBC)929859See more
Samoa929899See more

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.

FAQs

Get your answers from commonly asked questions. You can refer to our help center for more information.

What is an offshore company?

Anyone who has ever come across the concept of a “company” or “corporation” will know that it is a legal concept, aimed at creating a new, distinct, separate “legal person”. The purpose of creating such a new corporate body is to legally allocate and put some assets into a new “body”, which would then have its own existence and continuity. A corporation can own and can do much of the same as any private individual. A corporation can own assets in its own name, enter into contracts, acquire titles, rights and obligations, be liable for its actions. So, same like an adult human being, a corporation has it`s own legal personality. Even a corporations` life is quite similar to that of a human being.

A corporation is “born” (by a fact of registration in an official Registrar) and it can “die” (by being dissolved or liquidated). In between, the corporation can go on pursuing its aims, which are usually ones of doing business and making profits.

Every corporation consists of several components. Each component has its own purpose. As this article mainly deals with “offshore corporations”, one may ask what is the difference between an offshore company and a “regular” company? Structurally – there is practically no difference! An offshore company is quite simply the same sort of corporation, only it`s created outside the usual domicile country of its owner(s). So, for example in the wider sense of the word, “offshore” for a French individual can be Spain, Australia … or Seychelles. Quite simply, offshore is something that is NOT onshore, NOT nearby the home. However, for quite some time, the term “offshore” has been coined in a much narrower sense – pointing to a company, which is not only formed outside the domicile jurisdiction of its owner, but also has a number of attractive benefits. For instance, incomes of an offshore company can be legally free of tax! Offshore company is free from onerous reporting and book-keeping requirements. It is free from burdensome capitalization rules. A offshore corporation is not required to register its owners on a public file. It`s fast and easy to register, simple to maintain and operate. That`s what most people would deem as an “offshore company”. However, in terms of internal structure, an offshore company still retains most of the components of the “regular” corporation.

Who should use an offshore company?

An offshore company may be of interest to a great number of people and it may be used for various activities:

  • Businessmen:

    Creating an offshore company allows you to begin an activity without having to deal with the set-up of a complicated infrastructure. An offshore company allows you to quickly create a stable structure with a simple administration and enjoy all the benefits of the offshore jurisdiction.

  • Commerce over the Internet (E-Commerce):

    Internet traders can use an offshore company to maintain a domain name and to manage Internet sites. An offshore company might be ideal for people whose business is on the Internet. You might choose to incorporate the registered office of your company in an offshore jurisdiction to take advantage of the various benefits offered by these jurisdictions.

  • Consultants / Counsellors:

    You can also carry on your consultancy or counselling business through an offshore company. You will find it easier to manage your company, while being registered in a stable jurisdiction and benefiting from all the strengths of this jurisdiction.

  • International business:

    International commerce can be carried out through an offshore company. It will handle purchases and sales operations. BBCIncorp can also arrange for obtaining a VAT number for companies that we register in Cyprus or in the United Kingdom.

  • Holding intellectual property rights:

    Any kind of intellectual property right (a patent or trade mark) may be registered in the name of an offshore company. The company may also buy or sell this type of right. It may also grant rights of use to third parties against payments.

  • For the custody of movable and immovable property:

    Offshore companies are used to hold both movable property (such as yachts) and immovable property (such as houses and buildings). In addition to confidentiality, the benefits and advantages they offer include exemption from certain types of taxes (e.g. inheritance tax). It should be noted, however, that some countries do not allow the acquisition of movable/immovable property through offshore structures and therefore those wishing to form an offshore structure are advised to check with a competent authority before proceeding.

  • For inheritance purposes:

    An offshore firm that always stays afloat (provided all costs associated with running it are paid) may, in some countries, be used as a means of avoiding inheritance tax laws. With a view to optimising inheritance tax liability, the offshore structure may also be combined with a trust or a foundation.

  • Stockbroker/forex:

    Offshore companies are very often used for share or foreign exchange transactions. The main reasons being the anonymous nature of the transaction (the account can be opened under a company name).

BBCIncorp wishes to make you aware that you ought to liaise with a tax advisor in your country of residence before setting up an offshore company.

Is it actually legal to own an offshore company?

Yes. Owning shares in an offshore corporation, either directly or indirectly, is no different to owning a domestic business. Certainly, an offshore ownership should be considered along with some proper advice. Many high-tax countries have legislated certain countermeasures in their tax regulations against known offshore finance centres. In particular, some high-tax governments have introduced a discriminating witholding tax on direct payments from domestic businesses out to corporations, situated in certain offshore jurisdictions. Therefore, it is a good idea to check if your country has such “blacklist” or any discriminating regulations against transactions with offshore companies. A competent tax lawyer or accountant back at home should be able to clarify this question. All-in-all, offshore company is just the same as your domestic firm, only the offshore corporation is not burdened by excessive tax, is faster to incorporate and easier to manage. As such an offshore company is completely legal to own and to use.

What is the purpose of the offshore company?

There are three main purposes. The first is tax avoidance, minimization or deferral. The second is asset protection and confidentiality. The third is easy to setup business system and easy on global payment. All reasons are quite independent. Some offshore companies actually do not pursue any tax-reduction purposes at all, but mostly serve as a protective shell for some part of the assets of their owner. More often, though, all reasons overlap and complement each other.

What are the advantages of using an offshore company?

The main advantages are: (a) zero or absolute minimum taxation on profits and capital gains; (b) confidentiality, due to no sensitive personal information registered on public file; (c) protection, due to secrecy provisions enshrined in the law and no information-sharing agreements; (d) corporate flexibility: no paid-up capital, no requirement to declare operational objects, minimum requirements on directors and shareholders, speedy incorporation, and so on; (e) simplicity of management – shareholders` meetings can be held anywhere, and also by electronic means, the corporate decision making process is extremely flexible; (f) minimum reporting – no audit, no tax reporting, no financial information on public file. All in all – a lean, mean international business machine…

Which is the best country for offshore company registration?

There is no definite answer to this question. A varying range of fiscal and financial benefits to international business are offered by over 40 jurisdictions around the world. The actual choice may depend on such variables as the geographical location of the client, the type of business for which the offshore company is intended, price of incorporation and management, speed of service, language and, of course, the range of services offered.

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