5 reasons to hire consultant for offshore incorporation.
July 5, 2016
As consultants for offshore incorporation we know how complicated can the setting-up process be. We have been working in this area for many years and have learned many features that allow us to simplify company creation and make it faster for our clients. However, some people still want to open an offshore company without any assistance.
Of course, you can open an offshore company by yourself, but we warn not to do it. There are some reasons based on the law that show why it is better to cooperate with qualified expert than to act alone:
1. Offshore incorporation is often used for unlawful goals
Probably you know from mass media and TV that offshore companies are often used for unlawful goals such as tax evasion and illegal accumulation of funds. It is partly true, as if business owners want to hide their assets in any manner and use for it illegal methods they usually open an offshore company.
But you should know – it is real to incorporate offshore company absolutely legally. It depends on your decisions and experience of your consultants. Only you decide what way to choose.
We adhere to the law and we oppose money laundering. Our mission consists of offshore incorporation in a legal way. That’s why all our clients are completely satisfied. They do not worry about their business because it is legal and legitimate. Moreover, we help our clients to organize the company in most appropriate manner and to gain more profit.
2. Offshore registration companies work only with trusted intermediaries
Almost all offshore jurisdictions cooperate with trusted intermediaries when registering a company. Even if some centres will agree to deal with you directly, probably, your personal presence will be required at the country of incorporation of the company. Also you will need to go through the whole procedure of collecting and approving documents.
So, to incorporate the company independently it is not a good idea as we think. Trusted intermediaries, like us, will do all necessary procedures instead of you. For example, we can collect and control documentation, hold primary meetings, provide legality of company formation and etc.
3. Easy to get confused in the difficult legislation
We know situations when business owners have registered offshore companies without help of experts, but then it has appeared that they haven’t considered certain law rules and have violated the legislation. They did their business illegally and didn’t even know about it until problems appeared.
It is easy to get confused in the difficult offshore legislation. Experts offer services to help choose the best jurisdiction for your business and to follow the law during the creation of a company.
4. The chosen jurisdiction shall correspond to your business plans and the law
Each offshore jurisdiction has its own rules and laws which can be rather different. Besides, one centre can offer more benefits to certain types of business, while other centres give more advantageous taxation conditions. How to choose the best jurisdiction for your business and how to learn all legislative rules in other country? It is really hard. What to do? The best solution is to consult with skilled agent who knows the legislation of each offshore country and all practical problems which can arise.
5. Instead of 2-5 days you will need at least month for incorporation a company
Offshore registration companies check the documents for company incorporation very carefully, especially from foreign citizens who act without assistance. Often the whole process of company registration can last at least one month or even more. Nobody will tell you in advance, how much time you will need to collect all necessary documents, to fill in references and to do other requirements.
If you employ the professional consultant, you will get a numerous advantages. Your incorporation process will take 2-5 days because trusted agents know all requirements to documents of registrars. We and other consultants have registered companies numerous times and can give you professional advices regarding the future of your business and this will help avoid mistakes.
As you can see, if choosing between independent offshore incorporation and by means of the professional agent, it is better to choose the last option. We knew it before we became offshore experts and we have made sure of it on our own experience. A lot of business owners appeal to us after failing a company registration. They have difficulties with documentation and company formation; therefore, they often can’t finish the incorporation process or do it in improper manner or with violation of the law.
If you want to get a professional consultation about offshore company formation, please contact our experts and be sure they will help you. If you have other questions about offshore banking or offshore jurisdictions, you can also get comprehensive answers. It’s free!