Offshore Company
Offshore company with nominee service, virtual office and bank account
Quick, easy, affordable
Offshore companies are the preferred company structure to achieve anonymity and privacy protection, keep all business details confidential and combine all this with limited liability and tax exemption. All companies we offer are fully legal and able to conduct their activities worldwide. It is realised today, that although the costs for an offshore incorporation may be higher than that to register a company in the US or the UK the long term benefits far outweigh this. Offshore companies do not have to pay sales tax nor income tax. Due to the fact that there is no taxation there is no required accounting or auditing from authorities. This means you save the costs of a CPA whilst at the same time gain the highest level of privacy protection. Your company may be dormant or it may generate millions in profit you will still not be required to forward information.
The main advantages are:
- anonymity
- nominee services through lawyers
- highest level of privacy protection
- limited liability without any paid up capital requirement
- legal tax exemption
- no taxation on any kind of income
- no accounting requirements
- no reporting requirements
- no fees for accountants
- no auditing
- no requirements on profession or financial standing
business can be conducted internationally
SCI offers the formation of offshore companies in all reputable jurisdictions. Each jurisdiction listed below has full details and prices of incorporation as well as an online order form. Although the costings of incorporating in different jurisdictions may vary greatly this is not representative of quality but rather of the authorities incorporation costs.
The Seychelles combine perfectly a stable legislation and solid government with hassle free registration within 24 hours and highly competitive rates. Companies incorporated on the Seychelles are exempt from any kind of taxation, are empowered to conduct all types of business and may have clients, contractors, suppliers and employees from any country.
At a Glance
- Excellent tax benefits from small-to-midsize companies: 0% taxes on 100K annual profits (first 3 years), approx. 9% tax on annual profits up-to 300K
- Low overall tax rate of 18% on profits above 300K
- Zero taxes on capital gains in general
- We can incorporate a Singapore company in one day
(after incorporation documents are signed by you)
- 100% foreign shareholding allowed
- Minimum paid-up capital of $1 only
- Singapore rated as #1 in ease of doing business in the world
- Singapore rated as the best place to work and live in Asia
- Immigration visa (entrepreneur pass) available for company owners wishing to relocate to Singapore to run their new Singapore company
Procedure and timeline for Singapore Company Registration
The basic steps are as below:
- Get company name approval
- Prepare registration documents
- Client to sign company registration documents
- Register company
- Open bank account
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