Offshore Company Formation
An International Business Corporation (IBC) or offshore company is commonly set up in a tax haven like the British Virgin Islands (BVI), Marshall Islands or Seychelles.
BVI does not ask for taxes on corporate or personal income, as well as on capital gains, gifts, death or wealth.
There are no exchange controls, and minimum red tape in there too.
Find out the benefits of setting up an IBC in our guide on why you should incorporate an offshore company.
Which offshore jurisdiction is best for your business?
The British Virgin Islands is situated in the Atlantic Ocean and only 96km east of Puerto Rico. It is one of the most desirable places in the Caribbean to work and invest, with over 750,000 offshore companies incorporated since 1984.
Seychelles is situated in the Indian Ocean and has a population of 80,000. It is one of the fastest IBC (International Business Company) registrar in the world with the most comprehensive, modern and attractive approach to the establishment and operation of offshore companies, banking, and insurance.
Marshall Islands is a part of the Micronesian islands situated in the Pacific Ocean. It is a sovereign nation with full diplomatic relations with the U.S. An IBC in the Marshall Islands enjoys confidentiality as well as tax-free treatment.
Hong Kong , with a population of about 7 million, remains an attractive place to do business. It is a leading international trading and service hub. Hong Kong’s success is largely due to a simple low tax structure, excellent infrastructure and the government’s firm commitment to free trade and free enterprise.