Offshore Incorporation

Offshore Incorporation | 12 Points To Help You Act

Offshore incorporation: Elements of cost including the cost of anonymity, tax treaties, and a helpful checklist

Will the cost of an offshore incorporation be more than the amount of wealth you save?

So how can your offshore registration costs be minimized? Are you looking for the ‘best incorporation’? Or a ‘cheap incorporation’? What will be your total incorporation fee?

All offshore companies cost money to start and then to maintain every year.

Offshore incorporation: Get a free quote now by filling in the box on the right and know important points to consider before incorporating

Offshore incorporation: Elements of cost

1. Your offshore package will include government registration or incorporation fee, the registered office fee, sometimes accountants will be required for audits and nominees maybe hired as directors and /or shareholders.

2. The legal requirements of the country you want to use the company in will require attestation by way of notarization or Apostille.

3. The country of jurisdiction [in which country the company is incorporated] determines the basic incorporation fees. Some of the other fees related to administration costs are higher in the higher cost of living countries.

4. The degree of anonymity you need – which will add the cost of hiring nominee directors or shareholders and whether they are persons or companies.

5. And the country in which you want to use the offshore or locally incorporated company. e.g. a country that simply accepts an Apostille notarization is the cheapest incorporation.

Then places like Dubai, United Arab Emirates, want documents to be attested by the UAE embassy nearest to the jurisdiction of incorporation. The fee for this climbs by a few thousand dollars and the time taken by a few weeks!

6. Lastly, there are the double tax treaty companies. If you are planning to invest in a business in a specific country then it is best to check which tax haven has the best double tax treaty with your country of choice.

For example, Mauritius has good tax treaties with India, China, Sri Lanka, and South Africa. But these treaties apply to resident companies only. NOT offshore or Free Zone ones!

Resident companies are more expensive! For example, a simple offshore company in Mauritius cost around US$ 3,000. But the cost of incorporation for a resident Mauritius company could be around US$ 10,000!

Of course, when your investments are in hundreds of thousands of dollars or more, then the benefits are several times greater than the costs, and the cost of incorporation for resident companies become worth every penny.

Offshore incorporation: Get a free quote now by filling in the box on the right and know important points to consider before incorporating

Use this checklist

1. Why are you doing the offshore incorporation?

2. Do you want to incorporate a business in a double tax treaty country?

3. What it will do for you? What need will it fulfill?

4. How much anonymity do you want or need?

5. What documents are required by the country you want to use the new offshore company in?

6. Finally, how much money do you want to invest via this new offshore entity?

Offshore incorporation: Get a free quote now by filling in the box on the right and know important points to consider before incorporating

Does the content of this page resonate with you? If yes, please share it with your friends using one of the social media buttons or start a dialogue with us below.

Go from offshore incorporation to Varal homepage

Offshore Incorporation was last modified: June 18th, 2019 by Manu Raj

Manu Raj

Has a positive attitude towards the job, is friendly and a team player.

More Posts - Website

Follow Me:
TwitterFacebookGoogle Plus