Offshore Business Formation

Offshore business formation is, if properly structured, a legitimate way to minimise international taxation. Many of Healy Consultants' clients are reaping the benefits of offshore business formation. The following information will indicate whether starting a business offshore is the optimum solution for your objectives.

Advantages of Offshore business formation include:

Offshore business formation is simple with Healy Consultants thanks to our transparent and logical engagement procedures.

Offshore business formation is a legal way to protect global assets. For more information on how starting a business offshore aids asset protection, view our asset protection page.

Setting up a business offshore in reputable jurisdictions such as Singapore and Hong Kong portrays a positive image to customers, suppliers, investors and banks.

In many cases, offshore business formation can enhance client confidentiality. In some jurisdictions, shareholders' and directors' details remain private after setting up a business offshore. In particular, offshore jurisdictions tend to have strong corporate and banking secrecy laws, for example Singapore.

Many of our clients ask for our assistance in starting a business offshore to legally minimise their international tax, if the company has been correctly structured.

International entrepreneurs can move capital and transfer assets freely after setting up a business offshore.

Healy Consultants assists our client to open corporate bank accounts all over the world; our preferred banks for Asia are DBS, Standard Chartered and HSBC.

After setting up a business offshore, Healy Consultants assists our client with business website building, search engine advertising, as well as stationery and logo design.

After starting a business offshore, Healy Consultants provides our client with a reputable international business address details for invoicing purposes, supported by telephone, fax and e-mail forwarding.

Following offshore business formation, Healy Consultants provides excellent accounting and taxation support for your offshore company, including i) corporate structuring ii) minimising withholding tax iii) tax returns and financial statements iv) payroll and investments.

Following offshore business formation, Healy Consultants helps our client to obtain corporate finance, trade finance and to open an Internet merchant account. Additionally Healy Consultants will also obtain approval for an international brokerage account for our client.

After starting a business offshore, Healy Consultants assists our client in locating a proper business premises and recruit local staff in the chosen jurisdiction.

After setting up a business offshore, Healy Consultants provides our clients with a range of Consulting Service, including i) merger and acquisition advisory ii) business due diligence iii) internal audit support iv) business process re-engineering.

After starting a business offshore, Healy Consultants can provide Virtual Office services in the offshore jurisdiction of our clients' choice. These services include i) providing office space to clients ii) a business address for invoicing purposes iii) phone, fax and email support and iv) global call centre support.

Following offshore business formation, Healy Consultants can assist our clients with immigration requirements including obtaining employment and residence visas for themselves, their families and staff. For more information.

Disadvantages of starting a starting a business offshore include:

Many offshore jurisdictions are under pressure from the Organisation for Economic Cooperation and Development (OECD) to exchange previously confidential client information. Those setting up a business offshore should note that OECD efforts seek to minimise tax evasion, minimise money-laundering and terrorist financing. That said, many of our clients opt for starting a business offshore in reputable jurisdictions such as Singapore and Hong Kong.

Depending on the corporate jurisdiction chosen, setting up a business offshore may portray a negative image to your customers, suppliers, investors or banks.

While offshore business formation is perfectly legal, concealing information about your offshore investments is considered illegal in some countries.

Reasons for offshore business formation can include:

Healy Consultants' Offshore Business Formation Fees

Our fees for setting up a business offshore depend on the jurisdiction and the range of services required. Please contact us to tailor an accurate quotation for starting a business offshore.

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