Our Top Five Jurisdictions
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Singapore |
Hong Kong |
Dubai |
Ireland |
New Zealand |
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| Summary at a glance | ||||||||||||||||||
| Engagement period | 4 weeks |
6 weeks |
6 weeks |
6 weeks |
4 weeks |
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Corporate bank account location |
HSBC Hong Kong |
Standard Chartered Hong Kong |
HSBC Hong Kong |
HSBC Hong Kong |
HSBC Hong Kong |
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Public perception/ business image |
Excellent |
Good |
Good |
Excellent |
Excellent |
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Public register of shareholders/directors |
Yes |
Yes |
No |
Yes |
Yes |
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Annual accounting, auditing/tax obligations |
Yes |
Yes |
Yes |
Yes |
Yes |
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Healy Consultants Year 1 fees (US$) |
7,850 |
6,100 |
12,950 |
16,550 |
7,650 |
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Healy Consultants Year 2 fees (US$) |
4,300 |
2,800 |
5,200 |
8,900 |
3,600 |
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Do you need to travel? |
No |
No |
No |
No |
No |
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Advantages of this corporate structure |
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Reputable jurisdiction with good image? |
Yes |
Yes |
Yes |
Yes |
Yes |
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Modern, secure banking jurisdiction? |
Yes |
Yes |
Yes |
Yes |
Yes |
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| Disadvantages of this corporate structure | ||||||||||||||||||
Annual accounts and audit requirements? |
Yes |
Yes |
Yes |
Yes |
Yes |
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Expensive to set up corporate structure? |
Yes |
Yes |
Yes |
Yes |
Yes |
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| Details of the incorporation process | ||||||||||||||||||
Time to incorporate a fresh Company |
1 week |
2 weeks |
2 weeks |
2 weeks |
1 week |
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Do you need to visit the country? |
No |
No |
No |
No |
No |
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Corporate banking information |
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Do you need to visit the bank in person? |
No |
No |
Yes |
No |
No |
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Our rating of the Internet banking |
Excellent |
Excellent |
Excellent |
Excellent |
Excellent |
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Corporate ATM and cheque book |
Yes |
Yes |
Yes |
Yes |
Yes |
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Our rating of customer service |
Excellent |
Excellent |
Satisfactory |
Satisfactory |
Excellent |
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Legal and Accounting Information |
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Public register of shareholders/directors? |
Yes |
Yes |
No |
Yes |
Yes |
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Annual accounts to be submitted? |
Yes |
Yes |
Yes |
Yes |
Yes |
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Annual accounts to be audited? |
No |
Yes |
Yes |
Yes |
Yes |
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Resident director required? |
Yes |
No |
No |
Yes |
No |
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| Taxation information | ||||||||||||||||||
Foreign income taxable in country? |
No |
No |
No |
Yes |
No |
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| OECD member state? | No |
No |
No |
Yes |
Yes |
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Agreeing to cooperate with the OECD? |
Yes |
Yes |
Yes |
Yes |
Yes |
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FATF blacklisted country? |
No |
No |
No |
No |
No |
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Corporate Tax rate |
17% |
16.5% |
0% |
12.5% |
30% |
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Details of engagement fees (US$) |
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Year 1 |
Year 1 |
Year 1 |
Year 1
|
Year 1 |
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| Company incorporation | 2,100 |
2,700 |
8,900 |
5,100 |
3,600 |
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Resident director (if required) - Excludes US$1,100 refundable deposit |
1,800 |
- |
- |
6,700 |
- |
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| Corporate bank account | 2,300 |
2,300 |
2,950 |
3,100 |
2,950 |
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Use of our business address for invoicing |
1,100 |
1,100 |
1,100 |
1,100 |
1,100 |
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GST registration (if required) |
550 |
- |
- |
550 |
- |
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Total Year 1 fees |
7,850 |
6,100 |
12,950 |
16,550 |
7,650 |
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Year 2 |
Year 2 |
Year 2 |
Year 2 |
Year 2 |
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Annual Company maintenance fees |
1,400 |
1,700 |
4,100 |
2,200 |
2,500 |
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Resident/nominee director fees |
1,800 |
- |
- |
5,600 |
- |
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Use of our business address for invoicing |
1,100 |
1,100 |
1,100 |
1,100 |
1,100 |
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Total Year 2 fees |
4,300 |
2,800 |
5,200 |
8,900 |
3,600 |
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Contact Us Back to Offshore Company Formation page. |
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