Offshore company for businessmen
We are a global company with offices in 4 countries and member of several leading professional associations and chambers of commerce including the International Tax Planning Association, the International Fiscal Association. We have a competent team of offshore business experts and offer professional offshore advice tailored to your specific needs.
If you are a businessman with a growing international clientele, it’s time you consider adding an offshore dimension to your business. When you decide to conclude a contract with us for the incorporation of an offshore company, you can take advantage of the reduction of accounting, tax and administrative expenses, the reduction of investment and operating costs, estate planning, limited liability, asset protection and many other benefits. We have built an extensive global network that allows us to offer offshore company incorporation in over 15 different jurisdictions.
OBI-C takes a customer-centric approach and works closely with its customers at every stage of the process. We will help you register your business in the foreign jurisdiction of your choice. We offer a complete package in which we take care of practically everything for you. For more information about our services, procedures, and the jurisdictions we cover, you can visit one of our offices in Dubai, Geneva, and the Seychelles. If you want to start the process, you can register and order your offshore company by filling out the online form available at the following link: ORDER NOW,
Tax-friendly business environments - What to look for
In the modern and globally connected business world, favorable business environments can be extremely beneficial for a growing entity. As governments around the world seek to create offshore investment opportunities from onshore locations, there are advantages to finding on both sides of the equation. Opportunities arise in some aspects of business, from confidentiality and tax exemption to subsidies and favorable business conditions. By attracting foreign investment in this way, for the nations of the world, bringing in such companies means bringing capital to their economies.
When considering setting up an offshore company, there are several considerations to consider. These are specific to jurisdictions offering offshore facilities and can change dramatically from one location to another.
5 areas to consider when choosing an offshore location The political landscape
The political landscape of the jurisdiction in which you choose to start your business should be your first consideration. Levels of corruption and bureaucracy can greatly affect the likelihood of change and the stability of the country. For businesses, these changes can quickly impact the benefits of doing business. Thus, while bureaucratic authorities can provide a more stable platform, they can also be victims of corruption, with economic decisions being made behind closed doors.
While undertaking business in an offshore jurisdiction, commercial controls, tariffs, competition law and of course tax rules take precedence. Finding a place that fits well with the ease of doing business, with favorable tax laws, can make doing business simple and profitable.
Tax legislation
Tax exemptions are usually the carrot by which the jurisdiction attracts you. Favorable tax environments come in many forms, ranging from outright tax exemption and double taxation agreements to free zones or flexibility for certain professions. Understanding the criteria the jurisdiction is looking for can help you make an informed decision about why your business is better there.
You must also exercise caution and make informed decisions based on your own country’s tax laws. Double taxation laws between states may mean in some cases that you have little or no obligation to pay taxes in your home country. However, checking your obligation with a tax advisor in your country of residence may be essential to keep you on the right side of the law.
Legal obligations
Each nation will have criteria that foreign investors must meet. These criteria dictate how your business will behave in the jurisdiction. Depending on the type of business you operate, these legal aspects may relate to consumption, copyright, discrimination, fraud, employment, import, and export and health and safety.
Considering these legal aspects and how they may affect your ability to do business could be a deciding factor when choosing an offshore jurisdiction.
Business structures and processes
Examining the business structures, incorporation processes and entities allowed for offshore incorporation in the jurisdiction of your choice will determine whether you can create a company and the type of company you can create. These may be IBC (International Business Corporation), LLP (Limited Liability Partnership) or PLC (Private Limited Company).
For example, to create an offshore company in Belize, the jurisdiction mainly offers an LLC, although it is also possible to create an IBC. With OBI-C, company registration in Belize can be achieved in as little as twenty-four hours.
The type of company you need will be determined by the type of services your company offers and of course your requirements vis-à-vis the offshore company. Various locations offer various entities, and they can affect capital requirements, number of shareholders, management requirements, accounting/audit requirements, tax procedures, disclosure requirements, incorporation deadlines, business policies and offshore bank account requirements and procedures.
Incorporation costs
Finally, you need to consider the costs of starting an offshore business. Different locations have different fees for registration fees, government fees, registered address and agent fees, annual renewal fees, etc. Not only that, but the type of business you choose to register may also incur different fees.
Disclaimer: This diagram is for illustrative purposes only. Nothing on this page should be construed as tax or legal advice. Please obtain all necessary prior advice from a tax or legal specialist in your country of residence/operation to ensure that services acquired through OBI-C are used in accordance with applicable law.
Are you an aspiring entrepreneur looking to expand your business globally?
OBI-CONSULTANT be your offshore business service provider and help you create an offshore company for your business.
We have an extensive 15-year experience in registering legal structures for companies in the world’s leading economic centers.