Singapore |
Hong Kong |
Dubai |
Ireland |
|
| Summary at a glance | ||||
| Engagement period | 4 weeks |
6 weeks |
6 weeks |
6 weeks |
Corporate bank account location |
HSBC Hong Kong |
Standard Chartered Hong Kong |
HSBC Hong Kong |
HSBC Hong Kong |
Public perception/ business image |
Excellent |
Good |
Good |
Excellent |
Public register of shareholders/directors |
Yes |
Yes |
No |
Yes |
Annual accounting, auditing/tax obligations |
Yes |
Yes |
Yes |
Yes |
Healy Consultants Year 1 fees (US$) |
7,650 |
5,900 |
12,100 |
16,550 |
Healy Consultants Year 2 fees (US$) |
4,300 |
2,800 |
5,200 |
8,900 |
Do you need to travel? |
No |
No |
No |
No |
Advantages of this corporate structure |
||||
Reputable jurisdiction with good image? |
Yes |
Yes |
Yes |
Yes |
Modern, secure banking jurisdiction? |
Yes |
Yes |
Yes |
Yes |
| Disadvantages of this corporate structure | ||||
Annual accounts and audit requirements? |
Yes |
Yes |
Yes |
Yes |
Expensive to set up corporate structure? |
Yes |
Yes |
Yes |
Yes |
| Details of the incorporation process | ||||
Time to incorporate a fresh Company |
1 week |
2 weeks |
2 weeks |
2 weeks |
Do you need to visit the country? |
No |
No |
No |
No |
Corporate banking information |
||||
Do you need to visit the bank in person? |
No |
No |
Yes |
No |
Our rating of the Internet banking |
Excellent |
Excellent |
Excellent |
Excellent |
Corporate ATM and cheque book |
Yes |
Yes |
Yes |
Yes |
Our rating of customer service |
Excellent |
Excellent |
Satisfactory |
Satisfactory |
Legal and Accounting Information |
||||
Public register of shareholders/directors? |
Yes |
Yes |
No |
Yes |
Annual accounts to be submitted? |
Yes |
Yes |
Yes |
Yes |
Annual accounts to be audited? |
No |
Yes |
Yes |
Yes |
Resident director required? |
Yes |
No |
No |
Yes |
| Taxation information | ||||
Foreign income taxable in country? |
No |
No |
No |
Yes |
| OECD member state? | No |
No |
No |
Yes |
Agreeing to cooperate with the OECD? |
No |
No |
No |
Yes |
FATF blacklisted country? |
No |
No |
No |
No |
Tax rate |
20% |
18.5% |
0% |
12.5% |
Details of engagement fees (US$) |
||||
Year 1 |
Year 1 |
Year 1 |
Year 1 |
|
| Company incorporation | 2,100 |
2,700 |
8,900 |
5,100 |
Resident director (if required) |
1,800 |
- |
- |
6,700 |
| Corporate bank account | 2,100 |
2,100 |
2,100 |
3,100 |
Use of our business address for invoicing |
1,100 |
1,100 |
1,100 |
1,100 |
GST registration (if required) |
550 |
- |
- |
550 |
Total Year 1 fees |
7,650 |
5,900 |
12,100 |
16,550 |
Year 2 |
Year 2 |
Year 2 |
Year 2 |
|
Annual Company maintenance fees |
1,400 |
1,700 |
4,100 |
2,200 |
Resident/nominee director fees |
1,800 |
- |
- |
5,600 |
Use of our business address for invoicing |
1,100 |
1,100 |
1,100 |
1,100 |
Total Year 2 fees |
4,300 |
2,800 |
5,200 |
8,900 |
For further information on incorporating a company offshore, please follow this link.
Contact Us
For more information on incorporating offshore or for assistance in building an offshore corporate structure, please email email@healyconsultants.com or telephone us at (+65) 6735 0120.
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