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| Country | Duration* | Average Costs | Tax Rate** | Legal System | Accounting Required? | Public Register | Executive | Executive+ |
| Seychelles | 2-3 days | $790 | 0% | Common Law | NO | NO | $1,570 | $1,970 |
| British Virgin Islands | 2-3 days | $1,490 | 0% | Common Law | NO | NO | $2,010 | $2,370 |
| RAK | 2-3 days | $1,450 | 0% | UAE Law | NO | NO | $1,810 | $2,330 |
| St. Vincent | 2-3 days | $1,260 | 0% | Common Law | NO | NO | $1,650 | $2,140 |
| Belize | 2-3 days | $1,010 | 0% | Common Law | NO | NO | $1,570 | $2,060 |
| Delaware | 2-3 days | $1,200 | 0% | Common Law | NO | NO | $2,080 | $2,630 |
| Florida | 3-4 days | $1,210 | 0% | US Law | NO | Manager Only | $2,090 | $2,640 |
| Hong Kong | 1-2 days | $2,320 | 0% | Common Law | Yes | Yes | $2,420 | $2,970 |
| Mauritius | 7-10 days | $2,890 | 0% | Common Law | Yes | NO | $4,320 | $4,770 |
| Nevis | 2-3 days | $1,550 | 0% | Common Law | NO | NO | $1,950 | $2,500 |
| Cyprus | 6-8 weeks | $3,600 | 12.5% | Common Law | NO | Yes | $7,250 | $11,650 |
| Cayman Islands | 2-3 days | $4,315 | 0% | Common Law | NO | NO | $4,910 | $5,460 |
| Malaysia | 7-10 days | $3,200 | 0%-3% | Common Law | Yes | NO | $3,530 | $4,080 |
| Malta | 3-4 days | $3,300 | 5% | Common Law | Yes | Yes | $3,650 | $4,200 |
| Cook Islands | 1-2 days | $1,850 | 0%- 20% | Common Law | NO | NO | $2,180 | $2,730 |
| Dubai (JAFZA) | 2-3 days | $5,500 | 0% | UAE Law | NO | NO | $5,830 | $6,380 |
| Ajman | 2-3 days | $1,750 | 0% | UAE Law | NO | NO | $2,080 | $2,630 |
| Switzerland | 10-12 days | $6,040 | 13.99% | Civil Law | Yes | For Director Only | $7,120 | $8,190 |
| Georgia | 4-5 days | $1,350 | 0% | Common Law | NO | NO | $1,980 | $2,970 |
| Singapore | 1-5 days | $2,610 | From 8.5% | Common Law | Yes | Yes | $2,940 | $4,450 |
| Anguilla | 2-3 days | $1,010 | 0% | Common Law | NO | NO | $1,360 | $1,910 |
| Marshall Islands | 1-2 days | $1,350 | 0% | Common Law | NO | NO | $1,700 | $2,250 |
| Panama | 1-2 days | $1,110 | 0% | Common Law | NO | NO | $1,460 | $2,010 |
| Vanuatu | 3-4 days | $2,120 | 0% | Common Law | Yes | NO | $2,470 | $3,020 |
| St. Lucia | 1-3 days | $1,250 | 0% | Common & Civil | Yes | NO | $1,600 | $2,150 |
| Samoa | 1-2 days | $1,690 | 0% | Common Law | NO | NO | $2,040 | $2,590 |
| Bahamas | 2-3 days | $1,950 | 0% | Common Law | NO | Yes | $2,300 | $2,850 |
| Gibraltar | 7-10 days | $3,550 | 10% | Common Law | Yes | Yes | $3,900 | $4,450 |
| Maldives | 7-10 days | $1,790 | 5% | Common Law | NO | Yes | $2,140 | $2,690 |
| Latvia | 3-4 days | $1,950 | 15% | Common Law | Yes | Yes | $2,300 | $2,850 |
Premium - Includes a fully operational legal entity with a registered office and registered address.
Executive - Includes the premium package along with assistance in opening a bank account, with up to 2 banking applications. Standard fees may apply for assistance with additional bank account openings.
Executive+ - Includes the premium package along with assistance in opening a bank account, with up to 5 banking applications. Standard fees may apply for assistance with additional bank account openings.
The best place to incorporate your offshore company actually depends on a set of factors that vary from case to case for different clients. These factors can be taken into account when selecting the ideal offshore location:
For example, some offshore jurisdictions readily accept an Apostille of original documents, whereas other jurisdictions mandate different types of document attestations. Certain jurisdictions like Belize and Seychelles only require a passport and proof of residence for company formation, while Mauritius and Singapore require additional documents. The beauty of it is that each jurisdiction has different rules and regulations that are suitable for different clients.
Why Set Up an Offshore Company?
Offshore jurisdictions offer a range of advantages to foreign owners who want to reduce their tax burdens and benefit from less strict regulations and policies. Expanding companies that are registered, incorporated, or established outside of the business owner's country of residence are considered offshore.
Filling Out the Application Form
To start the incorporation process, the various services include:
Providing the Documents
After the application form is submitted, a confirmation email will be received. This confirmation email will consist of a unique client ID and will also include a request to upload identity documents. These documents will include:
You will be required to make the payment for the service you receive. Payment can be made via bank transfer, credit card, or cash. Additionally, a dedicated account manager will be provided who will act as a point of contact for the company and will also handle the entire incorporation process. The manager's services will include:
As the company is registered, it may require some additional services. The dedicated account manager will assist with:
Company Kit Dispatch
Finally, you will receive a company kit consisting of various documents related to the company. This kit will include:
Quality offshore company formation services are needed to ensure their companies are fully compliant not only at the time of registration but also throughout their lifespan.
This is for the person who needs to set up a company abroad and is just starting to research the topic. It takes years to understand offshore incorporation in detail. Even if you are not a professional, you can learn a lot from publications like this, but the learning process takes time. The good news is that we can help such readers because our editorial team and our professional staff of lawyers and certified agents have a great deal of experience in setting up an offshore company.
Get Information for Opening an Offshore Company in Dubai
Setting up a mailbox company is the wrong approach from the start. There are several reasons for this.
What is an Offshore Company? There are two concepts applied to any global bank or company that collaborates with non-resident customers. Businessmen include LLCs in classic offshore environments. These are businesses located outside the state or country where the main commercial activities, offices, and representative offices are located. If you are considering establishing a company in the second phase, then any foreign company can be referred to as offshore. However, if we consider a concept that is quite familiar to businesspeople, an offshore company is an offshore structure that can utilise simplified rules for tax credits, reporting, privacy protection, etc., due to its location. Privacy options are particularly important for industries engaged in activities that are insufficiently regulated or high-risk in certain jurisdictions. This includes, for example, the gambling industry and the licensing of cryptocurrency companies. Setting up an offshore company can help your business grow and reach new markets, whether you are a newly established company or operating a large business. Offshoring is largely about saving money by moving operations to a cheaper location overseas. This allows you to reinvest the money you save into growing your business.