Singapore Offshore Company

Singapore is located in the Southern part of the Malaysian Peninsula. Singapore is a very important financial center is Asia and the majority of international banks and other institutions have offices in this country. The most important components of the Singapore financial structure are banking, insurance and shipping services.

Offshore investors are welcomed and well serviced by banks and other  financial institutions. The Singapore offshore company can be either a public company or a private company with unlimited liabilities. The complete process of registration is done under the Singapore Companies Act.

The minimum requirement for a Singapore offshore company is the presence of at least one director who must be a resident citizen of Singapore. Corporations can not act as directors or secretaries in the cases of Singapore offshore companies. An offshore company in Singapore need to have only one shareholder.

Generally, Singapore has income taxes on the net income of the resident companies. Non resident, offshore companies are taxed based on the income they make from sources within Singapore.

The accounts of the offshore company must be kept by the company itself. Audited accounts are not needed if the company turn is less than 5 million US dollar, less than 20 shareholders in the company or there are no corporate shareholders in the Singapore offshore company.

Singapore has a number of disadvantages but generally is a good jurisdiction for an offshore company. Just like Hong Kong, Singapore also has no offshore legislation and the corporate taxes are territory dependent.

New Zealand Offshore Company

New Zealand is an island country close to the coasts of Australia. Its ideal location and very developed economy makes New Zealand a perfect place for the existence of the offshore companies. There are many advantages in the operating of a New Zealand offshore company.

One of the main advantage is the tax free option. The offshore company do not have to pay any forms of taxes as long as the company is not making any profit on the territory of the country of New Zealand. This fact means a significant cost savings and it is one of the main reasons why the investors choose to switch from traditional businesses to offshore businesses.

Once the New Zealand offshore company is registered and incorporated it can start doing business immediately. The company can open bank accounts or invest anywhere on the planet. The special feature of the New Zealand legal regulations is the possibility of forming and operating a special kinf of offshore businesses. These special offshore businesses are called special purpose companies. These special purpose companies are trusts. The registration and incorporation of these trusts are more expensive than the traditional offshore companies but they are more superior.

The special purpose companies are very easy to set up and the registration process only takes a few days. The only connection of the newly formed company with New Zealand is that the residency of the company will be in this country. For the achievement of this residency the company must have a registered office on the soil of New Zealand.

Hong Kong Offshore Company

Hong Kong is a special administrative region of the Republic of China. Hong Kong is a very profitable offshore jurisdiction and many investors come here to register an offshore company. Hong Kong is well known as the center of finance and trade in the region.

There are various advantages to register an offshore company on the territory of Hong Kong. First of all, the offshore companies that do not derive profit through Hong Kong resources do not need to pay any taxes. Offshore companies are deriving their profits from elsewhere so they do not need to pay any taxes whatsoever. The second advantage is the high confidentiality in Hong Kong, the privacy of the owner, shareholders and directors is completely protected.

The minimum requirements for a Hong Kong offshore company registration are the following:

-    Minimum of one director and shareholder – the director and the shareholder can be one same person and he or she can be of any nationality.
-    Unique name – the name of the company must be submitted for availability check and it must be unique. The name can be in English, Chinese or Chinese combined with English.
-    Minimum subscribed capital
-    Valid address in Hong Kong
-    Corporate secretary – the corporate secretary must be a resident of Hong Kong.

When we meet this minimum requirements we can register a Hong Kong offshore company and we can start conducting business and enjoy the advantage of the offshore company setup.

Mauritius Offshore Company

Mauritius is an island country located in the Indian Ocean about 900 kilometers from the island of Madagascar. Mauritius is a very popular exotic holiday destination but in the recent years its becoming very popular in the offshore business too.

There are a number of advantages of the Mauritius offshore companies. One of the main and most mentioned advantage in the case of any offshore company is the low or even zero taxation costs. Because of this fact many investors decide to register offshore companies and operate their business with low taxes.

Beside the tax free environment, the Mauritius offshore company can offer further benefits to its owners. One of the interesting advantages is the guaranteed confidentiality. All the submitted information during the process of the registration are kept private and the confidentiality is guaranteed by the laws of the country.

The country of Mauritius also guarantees extraordinary financial services to the potential investors. The financial services are provided with the help of the modern banking systems and the presence of international stock market. The country of Mauritius is also providing a well developed telecommunication system to the potential offshore company owners.

There are a number of well known offshore registration companies on the island of Mauritius. These companies  provide the services of registration and maintenance of the offshore businesses. It  is wise to use the services of such agencies because they are very familiar with the laws and regulations of Mauritius and they can save us a great deal of time.

Seychelles Offshore Company

The Seychelles are a beautiful island archipelago located in the Indian Ocean. The islands are a favorite exotic tourist destination and many people from all around the world come here to visit their vacations. Beside the tourism, the Seychelles are a well known offshore jurisdiction and many investors come here to register and operate their offshore companies.

The most appealing fact about a Seychelles offshore company is the easy and fast process of registration. On the contrary to the other jurisdictions where we are forced to wait weeks to register an offshore company, in the Seychelles we can register a company in only one day. Also, the costs of the registration are also one of the cheapest in the world so we do not have to spend a great deal of money during the process.

Of course, the main reason for forming and operating an offshore company is the tax free option. In the case of a Seychelles offshore company we can expect the same : the companies do not have to pay any taxes if they do not make any profit on the territory of the islands. The only cost to operate an offshore company is the minimal government license fee.

The minimum requirements for the forming of a Seychelles offshore company are the following :

-   at least one director and shareholder
-    one person can act as both director and shareholder
-    unique name of the company
-    the name of the future company must end with Corporation or Limited
-    mandatory annual fees

Delaware Offshore Company

Delaware is the second smallest state in the United States of America. Because of its good strategic location Delaware is a very popular offshore jurisdiction. The most popular aspects of a Delaware offshore company are the low taxes, low overall expenses and guaranteed confidentiality.

Like in the cases of any other offshore companies, Delaware offshore companies are not required to pay taxes if they are not conducting any business on the territory of the state. Instead of the regular tax fees, the offshore companies are only required to pay 1 percent of franchise tax.

The interesting feature of the Delaware offshore companies are the limited liability. This means that the owners and the shareholders are allowed to have no liability whatsoever if the offshore company encounters financial issues during its operation. The owner of a Delaware offshore company do not have to be a resident citizen of the country and the number of shareholders can vary to meet the requirements of a specific offshore business structure. The required minimum is only one registered member. For tax free offshore business the requirements are the following :

-   the members of the offshore company must be non US residents
-    the employers of the offshore company also must be non US residents
-    the offshore company can not own a place of operation in the US
-    the offshore company can not generate any income on the territory of the US.

Delaware offshore jurisdiction is very popular because of its ideal location.

Cyprus Offshore Company

Cyprus is an island located in the Mediterranean Sea and it is a very popular jurisdiction for offshore companies. The island is a famous touristic location and it has a very progressive economy. The support of offshore companies is further boosting the economy of Cyprus.

Because of its location on the border of Europe and Asia, Cyprus is very popular amongst both Europeans and Asians investors. There are various advantages in registering an offshore company in Cyprus. One of the main advantages is the extraordinary privacy protection and the limited liability. Cyprus is legitimate member of the European Union and it has the lowest tax rates on the territory o Europe. The offshore companies registered on Cyprus are required to pay 10 percent of the net profits for taxes. Exception from these rules are the companies which are not managed within Cyprus.

On Cyprus we can find a number of professional agencies that offer services of offshore company registration, consultation, taxation and accounting and auditing services. The services of these agencies are not cheap but they worth the money invested because they can deliver fast and accurate work results.

After the registration on an Cyprus offshore company we will be the owners of a number of certificates like the Share Certificates, Articles of Association and the Certificate of Incorporation. These certificates will prove that we are the legitimate owners of the offshore company. After a successful registration we can appoint a citizen of Cyprus as a secretary. This step is not required but it is recommended by the registration agencies.

Belize Offshore Company

Belize is a very popular offshore jurisdiction and it is located in Central America. Belize is the only country is Central America that officially speaks only the English language and it has the lowest population density. The official currency of Belize is the Belize dollar and prior 1990. the economy of the country was based on agriculture and exports. After 1990. the country began to support the formation of offshore companies and this made this small country very prosperous.

There are numerous reasons why offshore jurisdictions Belize is so popular amongst the investors. The most important reasons are the following :
- Fast registration process – the country of Belize has very fast registration process of the International Business Companies. The total registration process rarely lasts longer than one hour.
-  Significant cost savings at registration – Belize charges registration fees that are very competitive, fot example for a 50 000$ starting capital a new company have to pay only 100$ plus additional 300$ for a registered agent and a 400$ set up fee.
-  Absence of additional requirements – in Belize offshore company formation does not require audited accounts, local staff, minimum capital requirements or annual general meetings.
-  Guaranteed confidentiality – the privacy of the companies is guaranteed and only two government units can access the personal information of the investors.
-  Great flexibility – another attractive feature of the Belize offshore company is the great flexibility. The Belize offshore companies can conduct business with only one shareholder and one director.