Low Cost Offshore Companies

Low Cost Offshore Companies

Low Cost Tax Exempt CompaniesMarshall IslandsBruneiSeychellesLabuanGibraltar
Our recommendation in order of preference12345
Summary at a Glance
Total engagement costs? (US$)US$6,430US$8,800US$5,365US$8,350£7,750
Total annual fees from year 2? (US$)US$2,400US$4,950US$3,515US$5,370£4,600
Total engagement period?9 weeks10 weeks10 weeks11 weeks9 weeks
Location of corporate bank account?OCBC SingaporeUOB MalaysiaBarclays SeychellesOCBC SingaporeCIMB Switzerland
Does our Client need to travel?NoNoNoNoNo
Minimum bank deposit? (US$)5,0005,0005,5005,0005,000
Dedicated bank officer?YesYesYesYesYes
Information available on public registrar?NoNoNoNoNo
Financial statements to be submitted?NoNoNoYesYes
Audit requirements?NoNoNoYesNo
Corporate banking information
Quality of internet banking services?ExcellentExcellentExcellentExcellentExcellent
Corporate ATM card and cheque book?YesYesYesYesYes
Quality of bank customer service?ExcellentExcellentExcellentExcellentExcellent
Tax considerations
Tax exempt business entity?YesYesYes3% CITYes
Automatic exchanges of tax information?Yes, by 2018Yes, by 2018Yes, by 2017Yes, by 2018Yes, by 2017
FATF blacklisted country?NoNoNoNoNo
Reputable entity for banks and Clients?Tax haven
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Tax haven
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Tax haven
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Tax haven imageTax haven
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Professional Fees (US$)
Company formation feesUS$1,850US$4,250US$1,200US$3,900£3,650
Government registration feesUS$530US$500US$115US$400£50
Company secretary/registered officeUS$1,100US$1,100US$1,100US$1,100£1,100
International corporate bank accountUS$2,950US$2,950US$2,950US$2,950£2,950
Total engagement fees (click link)
Ongoing annual fees at year 2 (US$)
Company maintenance feesUS$1,050US$1,1500US$1,570£1,200
Government fees - renewalUS$250US$400US$115US$4000
Company secretary/registered officeUS$1,100US$1,100US$1,100US$1,100£1,100
Accounting & audit fees0US$2,300US$2,300US$2,300£2,300
Total fees – year 1 (click link)

Contact us

For additional information on our incorporation services, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi