Company formation

The main advantage of offshore companies for business owners is the possibility of substantial tax cuts or reducing them to zero in a legitimate way. Other advantages of offshore include:

confidentiality of information related to business owners (in almost every offshore area information about the owner of a company registered in that jurisdiction is kept confidential and not disclosed to third parties);

broad options in the global financial markets (among them - opening credits in the bank of any country as well as unlimited opportunities for import and export).

The cost of services depends on what an offshore company features (regular firm, trust, insurance company or an offshore bank ) and in what jurisdiction it is established (the more prestigious - the more expensive).

It's worth considering that the cost for an offshore company is not limited with initial investments . The funds are also needed for supporting the company, in particular for the services of registration agents and nominees of the offshore company, annual fees of local authorities and etc. The larger and more successful the company is, the higher cost for management it will require . In general, offshore registraton is estimated from several hundred to several thousand dollars.