|JURISDICTION AND COMPANY TYPE||Formation Fees
|The Bahamas - IBC||US$ 1490|
|Belize - IBC||US$ 795|
|BVI - BC||US$ 1025|
|Cyprus - IBC||US$ 1,750|
|Dominica IBC||US$ 795|
|NEVIS - Nevis Business Corporation||US$ 975|
|NEVIS - LLC||US$ 975|
|SEYCHELLES - IBC||US$ 490|
|UNITED KINGDOM - Private Limited Company||US$ 590|
|PANAMA - Private Foundation||US$975|
|NOTE. Optional Corporate Seal - $65.|
Offshore companies may bring a number of benefits to individuals or companies.
- Taxation - business may be structured so that profits are realized in ways that minimize their overall tax liability.
- Simplicity - except for regulated businesses, such as banks or other financial institutions, some jurisdictions make it relatively simple to set up and maintain companies.
- Reporting - the level of information required by the registrar of companies varies from jurisdiction to jurisdiction.
- Asset protection - it is possible to organize assets and transactions in such a way that assets are shielded from future liabilities.
- Anonymity - by carrying out transactions in the name of a private company, the name of the underlying principal may be kept out of documentation. Having said that, current anti-money laundering regulations often require banks and other professionals to look through structures.
- Thin capitalization - offshore jurisdictions tend not to impose "thin capitalization" rules on companies (except for regulated entities such as banks and insurance companies), allowing them to be formed with a purely nominal equity investment.
- Financial assistance - offshore companies are usually not prohibited from providing "financial assistance" for the acquisition of their own shares, which avoids the needs for "whitewash" procedure in certain financial transactions.
- Offshore companies are usually prohibited from conducting business or retaining employees in their jurisdiction of incorporation.
- For regulatory reasons, there are often certain restrictions on the type of business which an offshore company can engage in. For example, it is quite common for there to be general prohibitions against offshore companies engaging in banking business, insurance business or operating as a trust company.
- Because of the limited amount of publicly available information in connection with offshore companies, there is usually a high level of hidden costs at the administrative level. For example, to open a bank account in the name of an offshore company, to comply with relevant anti-money laundering regulations, the bank will normally require large quantities of corporate documentation to be notarised and apostilled in the jurisdiction of incorporation, and may require opinions from local lawyers in that jurisdiction as to the capacity and power of the company to open and operate a bank account.
- Certain countries have "anti-tax haven" legislation which makes it difficult to conduct business in those countries using an offshore company. For example, capital markets regulations in France prohibit using offshore companies as bond issuing vehicles.
- Where a shareholder of an offshore company dies, it is usually necessary to have the will admitted to probate in the offshore jurisdiction as well (or, if intestate, to have the letters of administration re-sealed in that jurisdiction), which can add to cost, delay and inconvenience in administering the deceased's estate.
- Deep discounts apply where a multiple order is placed with us. We advise as for the details upon a specific request.
- Courier expenses are charged in addition to the above amounts.
- We reserve the right to change fees without notice.
- The payment options are: WIRE TRANSFER, MONEY ORDER/BANK DRAFT/BANK CHECK, WESTERN UNION, and CREDIT CARD Visa/MasterCard/American Express.