Offshore Company formation in Tax Haven Jurisdictions

Rikvin can assist you to incorporate an Offshore Company in a tax haven jurisdiction like the British Virgin Islands, Seychelles and Caymans Islands etc, where there are no corporate or personal income taxes and capital gains taxes for non resident companies.

View : Various Offshore Jurisdictions

Tax Haven Alternative

Hong Kong and Singapore have one characteristic feature that sets it head and shoulders above all other jurisdictions in the world - and that is they are not members of the Organisation for Economic Co-operation and Development (OECD) whilst at the same time they are nations with attractive tax systems.

Both Hong Kong and Singapore are the leading trading centres in the world, therefore they are legitimately jurisdictions in which large numbers of international companies have a business and even a banking presence but not considered to be tax havens in the true sense of the term because they do not derive their main source of revenue and income from providing tax efficient vehicles and they shelter purely to external companies and individuals for the soul sake of taxation avoidance.

Singapore and Hong Kong although not typically regarded as tax havens, have a favorable tax regime which effectively means that correctly structured, managed and administered these companies can be utilized for offshore business and international business without paying tax in Singapore or Hong Kong provided that any profits arising are not made in the respective country (non resident company).

Opening of Corporate Bank Account for Singapore and offshore companies

With the strict rule in place for prevention of money laundering and terrorist financing, opening bank account for other tax haven jurisdictions can be difficult. On the contrary, to open a corporate bank account for companies in Singapore or Hong Kong is easier as these companies are more transparent due to the strict compliance control by the government.