3 Remote Destinations for Your Offshore Business
November 5, 2015
Have you ever thought of starting your own offshore business? To tell you the truth nothing can be more enthralling and exciting. Besides, it brings substantial profit.
Today many entrepreneurs and investors choose to register their companies in offshore countries and to get avail of loyal taxation schemes and flexible financial systems. It is very important to choose an appropriate destination for your company among the variety of countries in order to get the maximum benefit. Don’t forget to consider these 3 remote jurisdictions – Belize, Seychelles and Cayman Islands – which attract attention by favorable conditions for offshore business owners, ability to register different types of companies, stable economy, low competition and other benefits.
Belize is widely recognized as a tax heaven in a modern business environment and many offshore companies are registered exactly here. The free work environment is one of the country’s distinctive features. Belize companies owned by non-residents, which don’t carry out commercial activity in the country, are levied with a zero tax rate. Besides, it is very convenient that English is the state language. The country’s law ensures safe business environment. Foreign companies may also benefit with the high level of privacy, an opportunity to have a nominee director and a shareholder. Belize offers reasonable prices for opening a company. Companies and corporations of different sizes and turnover may be incorporated here.
The Seychelles islands are popular among those who seek the opportunity to pay the least amount of taxes.
While providing English as an official language Seychelles have British commercial culture as a basis of economic and financial environment. Such state of affairs facilitates business activity in the country. Here companies’ owners also have an opportunity not to disclose their ownership publicly. It’s not a requirement for corporation to have a local secretary and director. Some more specific features should be considered before choosing Seychelles as a jurisdiction for your company. You can get comprehensive advice from specialists of our Offshore Express Company on the issue.
The Islands are also attractive in view of offshore business registration. You can start a company in an English-speaking country which ensures safe business development and provides no income tax and capital gain tax for corporations owned by foreigners. Cayman Islands build close business relationships with top countries like the US.If you think of company incorporation on the Cayman Islands consider that you will need to have at least 1 director and 1 shareholder; company secretary is not required. Besides, there is a requirement to have a local registered office and a local agent.
Stable economies, flexible and advanced financial systems, smart political organization of these countries promote unobstructed business development. Such opportunity is highly valued by investors and offshore companies’ owners from all over the world. It is strongly recommended to use professional assistance if you decide to register a business in one of these 3 countries or in any from the rest of jurisdictions.
Offshore Express Company is ready to provide you with high professional service suggesting offshore companies registration and bank accounts opening. Our team of experienced specialists will help yyou create an offshore company in the most appropriate jurisdiction taking into account the needs and specifics of your business.