RELATED LINKS
International banking
Company incorporation
Offshore banking
Quick summary guide
Singapore company formation
Hong Kong company formation
Dubai company formation
New Zealand company formation
Ireland company formation
Offshore company incorporation
Our top four jurisdictions
Offshore industry evolution
Our offshore services
Offshore set up procedures
Offshore Corporate Banking
Client Case Studies
Virtual Office Services
Trusts and Foundations
International Trading
Contact Information
Media Centre
Home

Offshore Business Formation

Setting up a business offshore 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 business.

Advantages of Setting Up a Business Offshore

1.

Setting up a business offshore is straightforward with Healy Consultants thanks to our transparent and logical engagement procedures.

2.

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.

3.

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

4.

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.

5.

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.

6.

International entrepreneurs can move capital and transfer assets freely following offshore business formation.

7.

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.

8.

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.

9.

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.

10.

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.

11.

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

12.

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.

13.

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.

14.

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.

15.

Following offshore business formation, Healy Consultants can assist our clients to obtain employment and residence visas for themselves, their families and staff. For more information, refer to this link.

Disadvantages of Offshore Business Formation

1.

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 jurisdictions such as Singapore and Hong Kong, which are immune to such pressure.

2.

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

3.

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

Reasons for Starting a Business Offshore

Offshore business formation is a popular solution for international entrepreneurs in the following sectors:

An import-export business or an international trading business;
Intellectual property developer;
Independent consultants and contractors;
Investment portfolios and property-owning companies, refer to this webpage;
Holding companies and shipping companies.


 

 

 

Healy Consultants' Offshore Business Formation Fees

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

Other Information on Offshore Business Formation

Refer to the following links to read more information on setting up a business offshore:

Contact Us

For more information on starting a business offshore or the procedures of setting up a business offshore, email email@healyconsultants.com or telephone us in Singapore at (+65) 6735 0120.

Back to Offshore Company Formation page.

 

Offshore Company Formation | Offshore Incorporation | Incorporating an Offshore Company | Offshore Company Incorporation

 

Free Live Chat Software

 

OFFSHORE COMPANY SET UP SERVICES

Offshore Company Incorporation At a Glance Guide to Our Top Four Jurisdictions Offshore Asset Management Services Why Set Up an Offshore Company Evolution of the Offshore Industry Investing Offshore Other Services to Support Offshore Incorporation Offshore Banking History of the Offshore Company Incorporate a Company Offshore for Asset Protection Register an Offshore Company Offshore Business Setup Company Formation Offshore Offshore Tax Planning Strategy Offshore Business Formation Incorporating an Offshore Company Offshore Company Setup Procedures Offshore Company Registration Process Incorporating an Offshore Entity Uses of an Offshore Company Offshore Corporate Bank Account Opening Steps Incorporating a Company Offshore Offshore Corporate Entity Offshore Corporation Startup Services Offshore Financial Advisors