Premium Offshore Company Formation
We Will Help you form an Offshore company in a jurisdiction of your choice!
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Do you want to register a new company in Europe, Asia, Africa, the Middle East, America or elsewhere to expand or grow your business?
Formationwise offers the best company formation services for your business in accordance with local rules and regulations, enabling you to get up and running in your new jurisdiction in no time.
The best part?
You won’t have to visit your new company location even once! Our worldwide partners will manage the offshore company formation process remotely, so you can sit back and relax while we do the work.
The formation of a limited liability company in a foreign country is a challenging task.
Fortunately, our international partners offer the most simple, cost-effective company formation services to effortlessly form and register your company overseas, so that you can conduct business the proper way and fast. We leverage our extensive understanding of specific business rules and regulations in each country to assist you in quickly registering your company abroad.
How to begin?
The procedure of forming a company is determined by the jurisdiction in which the company is being registered. Formationwise will walk you through the registration process, foreign tax and legal requirements, company formation costs, and other critical elements involved to form an LLC in your preferred offshore location.
Who are we?
Throughout our years of expertise in the corporate industry, we have built partners and agents across the globe. This has enabled us to provide clients all over the world with not only the best offshore company formation services but also other business and financial services such as bank account opening, payment processing, accounting & auditing, trademark registration, tax services, and more.
We are here for you!
To effectively develop your business abroad and meet today’s ever-changing business expectations, now is the time to invest in an offshore company formation service to fulfill your international business goals.
Send us an inquiry today!
Place your order
Select the package for your desired jurisdiction
Simply choose the company formation package for your desired jurisdiction by filling out our form, by call or by placing an order on our website
After finalizing the right package, make the payment for your chosen services and send us your company formation documents
Send your documents
Forward us all the necessary company formation documents through an email with the documents attached or by phone
Once we receive the payment and the required documents, we will start the company formation and registration process in your chosen jurisdiction
Open a bank account
We will help you open a corporate or personal account with a reputable bank in your new jurisdiction
Choose your jurisdiction
Formationwise can assist you to incorporate a company in the below international jurisdictions:
How to choose the best jurisdiction for your company?
Choosing the right offshore jurisdiction can be a difficult task. There are several locations out there, each with its unique set of perks and potential benefits to suit you and your business needs. Offshore company formation involves shifting or relocating a part or all of your business operations to a foreign nation.
Here are some factors to consider while selecting an offshore jurisdiction:
Why choose Formationwise to register your offshore company?
Formationwise offers professional company incorporation services through a wide network of global partners across the world. Here are some of the reasons why you should team up with Formationwise to register an offshore company in your chosen jurisdiction:
Full array of services
From trademark registration and taxation to document retrieval, serviced offices, private client services and more, we provide a wide range of services, so you can run your business operations without any difficulty in your new jurisdiction
Our team has years of expertise assisting new businesses and companies of all sizes with offshore company formation, payment processing, advisory and many more
Free preliminary consultation
We provide free initial consultation on strategies or the provision of services for evaluating and establishing a legal entity on any corporate matter around the world
When you work with Formationwise for company formation, you can be certain that your records, data and personal information are completely secure
Fast and reliable
We will get your company up and running in accordance with the new laws and regulations in your new jurisdiction in the shortest time possible
Our team of experts offer the best company formation services worldwide at the most competitive price in the market. The best part – we never compromise on quality
Honesty and integrity are the top priority here at Formationwise. You will never incur any hidden fees or costs when you work with us for company formation
Our full range of services
In addition to company formation services, here are some of the other services that we offer our global clients to run or incorporate their company in their desired jurisdiction:
What are the differences between a domestic company and a non-resident company?
A domestic LLC or company is one that does business in its home country or in the country where you live. A non-resident company, on the other hand, is registered and incorporated in a jurisdiction other than the original jurisdiction of the resident’s home country.
Here are a few important distinctions between a domestic and a non-resident company:
Domestic businesses are often taxed differently than non-resident companies and they can be forced to pay tariffs or fees on products that they sell locally or import. The primary difference between domestic and non-resident companies is that the tax rate charged by the government in the jurisdiction where a non-resident company is formed is very low if not zero.
Domestic companies have less privacy in their location of incorporation, making them more vulnerable to local government interference. Non-resident companies and their owners have full confidentiality and their corporate information is completely safe.
Office space is a necessity for a domestic company and residence visas are possible depending on the size of the office/work premises. In the case of a non-resident company, there is no requirement to rent office space, and hence it does not allow for the issuance of residence visas.
Domestic companies normally conduct their operations in the country in which they are registered. Offshore companies, on the other hand, are not permitted to do business in their registered jurisdiction.
What do you need before starting the company formation process?
Each jurisdiction that provides offshore company formation has its own set of specifications. This question does not have a one-size-fits-all explanation. The prerequisites can vary depending on the sort of business you want to conduct and where you plan to do it after the company is formed. Here are some factors you should think about before commencing the company formation process:
Choose your company type
To begin, you must choose the type of company that best suits your needs. You can form an LLC, a partnership company, a joint venture, a public limited company and more.
Pick a good catchy company name
Your company name is a very important step that can play a vital part in the future success of your business. So, you should definitely take out some time to find the perfect one. If you are unsure about your choice, our professionals are always there to assist you in choosing a catchy company name. Your chosen business name must be different from any other already existing firm.
Appoint a local director/shareholder
At least one director is required, who may be a natural or a legal person and can be a non-resident, depending on the legal requirements of the country in which your company is formed.
Get a registered local address
You will have to have a physical address in your new company’s jurisdiction that will be utilized as the primary registration address. It will go on all the legal documents. We can help you in obtaining a registered address for your offshore company incorporation.
Submission of required documentation
The following documents are the standard documents required for each offshore incorporation:
How much does it cost to form an offshore company?
The exact cost of forming an offshore company cannot be determined because it is mostly dependent on your business objectives and a number of other variables.
The fees charged by the registration authority in the country of incorporation are the first charges that you will incur to register your offshore company. These include the services of the registered agent, licensing and the official duties imposed by the authorities.
Depending on the bundle of services you choose, you may additionally be required to pay courier, notary and administrative costs.
Additional costs, such as submitting an audited financial statement or a low corporate tax rate, may be charged depending on the country of incorporation.
The total cost of offshore company formation is made up of the following expenditures:
The costs of running a company are heavily influenced by the level of activity, the type of business conducted, and other variables specific to the particular entity.
Costs of Annual Compliance
Law requires all companies undertaking the company formation process to compile and submit annual accounts to their relevant departments. The layout of these papers will be determined by the company’s position throughout the reporting period.
Depending on the customers’ requests and/or business requirements, the cost of maintaining an offshore company during the first year of operation may include expenses for the following additional services:
Frequently Asked Questions
An offshore company is one that is registered or formed in a country or foreign jurisdiction other than the owners/director’s home country or place of company incorporation. At Formationwise, we can help you register your offshore company easily in your desired overseas location that offers financial, legal and tax benefits, without the need for you to visit that country.
An offshore company may be used and benefited by clients who want to participate in global financial trade and investment activities.
The offshore company formation process is simple and fast. In most popular offshore financial centers and tax havens, offshore incorporation is a straightforward process. You can register an offshore company and get it up and running in a matter of days. Simply choose a location and upload your documents online. We will then register your offshore company with the relevant foreign authorities. Sit back and relax while we handle your offshore company formation. We will send you your company formation documentation and bank account information within a few days. Both your offshore company and your bank account are ready to use. Yes, it’s that easy!
Here are some of the most common types of offshore companies that are preferred by international businesses:
International Business Company (IBC)
An IBC is a company that is incorporated in a tax-neutral environment, meaning that it is not liable for taxation or has to pay minimal tax. In the case of an IBC, you are allowed to engage in normal business operations as long as they are carried out outside of the jurisdiction in which they were established.
International Corporation (IC)
ICs are exempt from paying taxes and are not required to file annual reports or submit financial statements. There is also no need for a minimum capital amount.
International Limited Liability Company (LLC)
An offshore limited liability company (LLC) is a legal entity. This company structure combines aspects of both a limited corporation and a partnership. Furthermore, its owners have limited liability.
Private Limited Company (Pte Ltd)
A Private Limited Company (Pte Ltd) is an incorporated company whose members are solely liable for the company’s debts and other financial obligations that come under the company’s official duties.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a mixture of a limited company and a standard partnership. These are often used by professionals in high-risk fields who want a more accessible alternative that covers restricted liability, organizational flexibility and tax transparency.
A well-structured offshore company can provide numerous benefits including:
Offshore companies provide outstanding asset protection and efficiently shield your assets from public scrutiny
By incorporating offshore, you can successfully protect your assets from legal opponents, arbitrators and court judgments.
An offshore company is often formed in tax-neutral jurisdictions, which means that they are generally exempted from tax in their country of incorporation or pay a low or zero tax rate.
Registration is simple
Offshore companies are quite easy to set up and run. Offshore company formation is a fast and straightforward process in many jurisdictions.
Minimal capital requirements
These companies provide flexibility in terms of the structuring of the entity’s capital. Offshore companies mostly have a very low minimum paid-up capital requirement.
The process of setting up an offshore bank account involves the below 4 steps:
- Choose your preferred bank from the list of the banks at different offshore locations
- Send us your basic information and any supporting paperwork requested by the selected bank
- Complete the required bank verification procedures
- Upon successful bank account confirmation, the bank account is ready for international use along with other facilities opted
You certainly can. Simply fill out our online application form and let Formationwise do the rest. We will guide you through the whole process of remotely establishing a business in the jurisdiction of your choosing using a simple and quick company formation process. Our global partners are well-versed in company formation in their respective countries. When you choose a company formation package from our website, we will notify our appropriate worldwide partners to incorporate your company in the most effective way possible.
An offshore company may be of value to a large number of individuals and can be used for a variety of purposes. It is perfect for:
Establishing an offshore company helps business owners to begin an activity without having to deal with the hassle of establishing a complex infrastructure.
Ecommerce businesses can engage an offshore company to handle their domain name and manage their online websites to reach new markets.
Consultants can avail the advantages of an offshore company to expand their consulting business. You will find it easier to manage your business if your company is registered in an economically stable jurisdiction.
You can conduct global business through an offshore company. All types of global buying and selling operations can be easily managed by offshore companies.
If you want to register an offshore company, you must first choose a suitable name. We will help you register the name of your choice in your desired jurisdiction. Here is how we will get it done:
- We will conduct a search in the company registrar of your chosen incorporation country
- Check if your desired name can be reserved or is already in use
- Let you know about the name check result
- Decide to reserve the name (if available) or proceed with the company formation
The whole process of incorporating an offshore company is generally determined by the country of incorporation. Forming an offshore company is a quick process that normally takes 2 to 4 weeks. The process may be sped up even further with the help of our company formation professionals. The procedure for opening a bank account takes between 2 and 3 weeks, depending on when our team receives your documents. We will make the process of forming an offshore business as fast and easy for you as possible.
Offshore jurisdictions are generally countries or locations with little or no corporate taxation, allowing foreigners to easily establish companies in order to nurture a strong investment environment. This offshore setting is ideal for international investors seeking lower tax rates. Businesses employ legitimate offshore incorporations to vest their assets in order to benefit from lower taxes. Most offshore tax havens are either free from corporate taxation or charge a very minimal amount of local and international tax.