Offshore territory is any jurisdiction except your resident one ( where you currently live) mostly known for the legal, tax and financial benefits or from the company management point of view. It might be UK (not only UK others countries are offshore) once you live in Luxembourg or USA (not only USA others countries are offshore) once you live in China. It’s quite simple isn’t it?
To be offshore in banking industry means to have a bank account in different country than you reside.
It would be fine to mention what does it mean to be “onshore”. Onshore might be regarded as the jurisdiction where a company is domiciled and in which it pays a significant rate of tax. There is even a term in resource management when founder comes to low cost country (e.g. as China) and will use the advantage of the low labor cost.
Nowadays, I would like to more stress not just the offshore or onshore matter but the globalization taking an effect in trading and IT industry. Tthere is now quite easy way to start your own business with really low costs as was mentioned before e.g.: open International Business Company in Seychelles + find your product ( good or service) + set up web and launch business into 48 hours.
It’s simple, isn’t it? startupr.com
If you have wondered what is the cheapest jurisdiction where you can register company, you might be pretty sure that Seychelles is the place where you can get lowest prices. Than it just depends on your perceptions why to use Seychelles jurisdictions. The local banking system doesn’t offer a lot of bank institutions for your company however you still might be interesting in Barclays which we recommend. If you don’t want to use local bank, please see our order list – section bank account services where you can chose banks as HSBC, Bank of Valletta, Loyal Bank or Cim Banque.
What services I should be aware of?
government fee: 100 USD (yearly renewal government fee)
registration fee (incorporation fee): 89
office address fee: 389 USD (mandatory (there is no need of local secretary)
Up to here your company is ready and might be used as an entity once doing business. The status of the company is IBC ( International Business Company) however you still need to receive money once you invoice your client for that purpose you should get Apostilled documents.
Apostilled documents (Memorandum and Articles of association (M&A), Incorporation document, Certificate of Incumbenncy, Certificate of Incorporation & Share Certificates) fee: 175 USD
Nominee director: 600 USD
bank account opening: from 89 USD
More: Business in Seychelles.
Register company in Sechelles.
Are you Unhappy with high fees or irresponsible service from your current incorporation / formation provider?
Here are a few examples of our pricing policy:
– formation fee – 89USD + government fee – 600USD (since 1st of August 2011)
– registered office fee – 150USD
– company secretary – 150 USD
– annual return (gov fees included) – 60 USD
Note: These fees are mandatory once you are about to open your office in HK.
Read our HK option.
– formation fee – 89USD + government fee – 100USD
– registered office fee – 389 USD
Note: Here is being consider a government fee as a yearly cost of 100 USD + our fee and registered office fee.
Read our Sey option.
– formation fee – 89USD + government fee – 270 USD
– registered office fee – 169USD
– company secretary – 550 USD
– local director 2000 USD
Note: SG address, local director and secretary are necessary in order to incorporate your company.
Read our SG option.
We do charge you for the service you order. NO hidden cost or additional charges. We are open with our pricing policy. Just open our order list where you want to incorporate and compare the structure and explanation text with our competitors. E.g. One of the typical hidden cost is an “annual return” or hire fees for next year of services. We will answer all your questions!
Seychelles International Business Companies (IBS) is one of the fastest IBC registrar in the world. Besides effective incorporation service offers unit trusts and other investment vehicles – recognized as an extraordinary foreign jurisdiction, under a tax efficient environment, introduced by the Mutual Fund & Hedge Fund Act 2008. Mutual Fund & Hedge Fund have been adopted by the Act from 2008 in order to attract an attention for those who would like to open an entity dealing with Professional Funds, Private Funds and Public Funds – ‘Exempt Foreign Funds’.
Main features & Advantages
• Zero Taxes
• Secure offshore banking
• Confidentiality is guaranteed by law
• Low government fee at registration, and per annum thereafter
• No minimum Share Capital required
• Flexible corporate structure
• No requirements on an Annual return or accounts
• Registered office in Seychelles
Type of entities
IBC Company – International Business Company is a tax-free corporation designed for engagement into all forms of international business.
CSL – Companies Special Licenses are subject to undertake the business of investment management advice and investment service.
• Government fee
85% of hedge fund companies have been incorporated in Cayman Islands. It’s very interesting to observe particular jurisdiction how they try to attract companies by providing special law and regulation in different area and changing law according to the market needs. While small island being recognized as a state then is much easier to adapt law where population is about 85,000 inhabitant – Seychelles International Business Authority has adopted special Act 2008 providing flexible administration of funds. It has been recognized as a one of the most modern offshore jurisdiction for Professional funds. Regulatory requirements have been adapted to suit all types of funds. Where licensing for Professional funds cost not less than 100,000 USD.
For more information please visite:
– Mutual & Hedge Funds Act 2008
For more information contact me tomas[at]startupr.com
The republic of Seychelles as a safe location for not only Hedge Founds! The Republic of Seychelles comprises 115 islands occupying a land area of 455 km² and an Exclusive Economic Zone of 1.4 million km² in the western Indian Ocean. In recent years government has encouraged investment into tourism, hotels and other related services. There is big amount of real estate development projects which are founded by foreign investors. One of the most important target for Seychelles government is to secure safe offshore financial sector for overseas clients. SIBA – Seychelles International Business Authority has established secured and smooth legislation (such as the International Corporate Service Providers Act, the International Business Companies Act, the Securities Act, the Mutual Funds and Hedge Fund Act, amongst others) introducing the new financial destination.
Have you ever thought about Seychelles? A Few Reasons, Why You Should!
Advantages of Incorporation:
- Zero Taxes
- Secure offshore banking
- Confidentiality is guaranteed by law
- Low government fee at registration, and per annum thereafter – 100 USD
- No minimum Share Capital required
- Flexible corporate structure
- No requirements on an Annual return or accounts
For more information visite our website Startupr.com
Formation of internationa business company – more info on Seychelles company formation.