 |
|
When you select an offshore jurisdiction to conduct your international trade or investment business, you must be very careful. There are lots of factors to be considered such as any existence of Double Tax Agreements, stability and simplicity of the chosen jurisdiction, etc. We are experts in guiding you to select the most appropriate jurisdiction which meet your business and personal requirements.
Please find listed below details on tax free and low tax corporate structures offered by the following jurisdictions.
View a Jurisdiction: -
◆ British Virgin Islands
◆ Cyprus
◆ Delaware LLC
◆ Delaware Corporation
◆ Malaysia (Labuan)
◆ Mauritius GBC1
◆ Mauritius GBC2
◆ Panama
◆ Seychelles IBC
◆ Seychelles CSL
◆ Singapore |
| British Virgin Islands |
| General requirements |
Type of Company |
Business Company |
Type of law |
Common Law |
Political Stability |
Good |
Time to establish a new company |
3 – 5 working days |
Tax on Offshore Profits |
Nil |
Double Taxation Agreements |
None |
Usual authorized capital |
50,000 shares of no par value |
Chinese Names Allowed on C of I |
Yes |
Change of Domicile Permitted |
Yes |
| Corporate Requirements |
Local Registered Office and Registered Agent Required |
Yes |
Minimum Number of Directors/Managers |
1 |
Local Directors Required |
No |
Corporate Directors Permitted |
Yes |
Minimum Number of Shareholders/Members |
1 |
Local Shareholders Required |
No |
Corporate Shareholders Permitted |
Yes |
Company Secretary Required |
No |
Bearer Shares Allowed |
Yes, but not available |
| Public Filings |
Record of Directors |
Optional |
Record of Shareholders |
Optional |
Disclosure of Beneficial Owners |
No |
| Annual Requirements |
Filing of Annual Return |
No |
Submit Audited Accounts |
No |
Annual General Meetings |
No |
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.
Contact Us
Please contact us for further discussion about the set up and the quotation. |
|
| Cyprus |
| General requirements |
Type of Company |
Limited Company |
Type of law |
Common Law |
Political stability |
Good |
Time to establish a new company |
7 - 10 working days subject to name approval |
Tax on Offshore Profits |
10% |
Double Taxation Agreements |
Yes |
Usual authorized capital |
CPY 5000 |
Chinese Names Allowed on C of I |
No |
Change of Domicile Permitted |
No |
| Corporate Requirements |
Local Registered Office and Registered Agent Required |
Yes, only local registered office |
Minimum Number of Directors/Managers |
1 |
Local Directors Required |
No but advisable for tax purposes |
Corporate Directors Permitted |
Yes |
Minimum Number of Shareholders/Members |
1 |
Local Shareholders Required |
No |
Corporate Shareholders Permitted |
Yes |
Company Secretary Required |
Yes, local but no specific qualifications required |
Bearer Shares Allowed |
No |
| Public Filings |
Record of Directors |
Yes |
Record of Shareholders |
Yes |
Disclosure of Beneficial Owners |
None if nominees are to be used |
| Annual Requirements |
Filing of Annual Return |
Yes |
Submit Audited Accounts |
Yes |
Annual General Meetings |
Yes but can be conducted anywhere |
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.
Contact Us
Please contact us for further discussion about the set up and the quotation. |
|
| Delaware LLC |
| General requirements |
Type of Company |
LLC |
Type of law |
Common Law |
Time to establish a new company |
2 -5 working days |
Political Stability |
Good |
Tax on Offshore Profits |
Nil for non-residents which conduct no business in the US and which have no US-source income are NOT subject to US federal income tax and are NOT required to file a US income tax return |
Double Taxation Agreements |
None |
Usual authorized capital |
No Authorised Share Capital |
Chinese Names Allowed on C of I |
No |
Change of Domicile Permitted |
Yes |
| Corporate Requirements |
Local Registered Office and Registered Agent Required |
Yes |
Minimum Number of Directors/Managers |
1 |
Local Directors Required |
No |
Corporate Directors Permitted |
Yes |
Minimum Number of Shareholders/Members |
1 |
Local Shareholders Required |
No |
Corporate Shareholders Permitted |
Yes |
Company Secretary Required |
No |
Bearer Shares Allowed |
No |
| Public Filings |
Record of Directors |
Optional |
Record of Shareholders |
Optional |
Disclosure of Beneficial Owners |
No |
| Annual Requirements |
Filing of Annual Return |
Yes |
Submit Audited Accounts |
No |
Annual General Meetings |
Yes, but can be conducted anywhere |
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.
Contact Us
Please contact us for further discussion about the set up and the quotation. |
|
| Delaware Corporation |
| General requirements |
Type of Company |
Corporations |
Type of law |
Common Law |
Time to establish a new company |
5 - 7 working days |
Political Stability |
Good |
Tax on Offshore Profits |
Nil for non-residents which conduct no business in the US and which have no US-source income are NOT subject to US federal income tax and are NOT required to file a US income tax return |
Double Taxation Agreements |
None |
Usual authorized capital |
1,500 No Par Value |
Chinese Names Allowed on C of I |
No |
Change of Domicile Permitted |
Yes |
| Corporate Requirements |
Local Registered Office and Registered Agent Required |
Yes |
Minimum Number of Directors/Managers |
1 |
Local Directors Required |
No |
Corporate Directors Permitted |
No |
Minimum Number of Shareholders/Members |
1 |
Local Shareholders Required |
No |
Corporate Shareholders Permitted |
Yes |
Company Secretary Required |
No |
Bearer Shares Allowed |
No |
| Public Filings |
Record of Directors |
Yes |
Record of Shareholders |
No |
Disclosure of Beneficial Owners |
No |
| Annual Requirements |
Filing of Annual Return |
Yes |
Submit Audited Accounts |
No |
Annual General Meetings |
Yes, but can be conducted anywhere |
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.
Contact Us
Please contact us for further discussion about the set up and the quotation. |
|
| Malaysia (Labuan) |
| General requirements |
Type of Company |
Offshore Company |
Type of law |
Common Law |
Political Stability |
Good |
Time to establish a new company |
5 working days |
Tax on Offshore Profits |
RM 20,000 or 3% of the audited profit for trading
Activities. No tax for pure 100% investment
Holding company |
Double Taxation Agreements |
Yes, a lot |
Usual authorized capital |
US$12,000 |
Chinese Names Allowed on C of I |
No |
Change of Domicile Permitted |
Yes |
| Corporate Requirements |
Local Registered Office and Registered Agent Required |
Yes |
Minimum Number of Directors/Managers |
1 |
Local Directors Required |
No, but a resident director is recommended to
ensure tax resident status |
Corporate Directors Permitted |
Yes |
Minimum Number of Shareholders/Members |
1 |
Local Shareholders Required |
No |
Corporate Shareholders Permitted |
Yes |
Company Secretary Required |
Yes, an approved officer or an approved
Corporation of a Labuan trust co. |
Bearer Shares Allowed |
No |
| Public Filings |
Record of Directors |
Yes |
Record of Shareholders |
Yes |
Disclosure of Beneficial Owners |
None if nominees are to be used |
| Annual Requirements |
Filing of Annual Return |
Yes |
Submit Audited Accounts |
Yes |
Annual General Meetings |
Yes, but can be conducted anywhere |
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.
Contact Us
Please contact us for further discussion about the set up and the quotation. |
|
| Mauritius GBC1 |
| General requirements |
Type of Company |
Global Business Licence 1 |
Type of law |
Companies Act 2001 |
Political Stability |
Good |
Time to establish a new company |
16 working days |
Tax on Offshore Profits |
15% |
Double Taxation Agreements |
Yes, it is treated as tax resident in Mauritius and
may thereby access the taxation treaties signed
with Belgium, Botswana, China, Cyprus, France,
Germany, India, Indonesia, Italy, Kuwait, Lesotho, Luxembourg, Madagascar, Malaysia, Mozambique, Namibia,
Nepal, Oman, Pakistan, Russia, Singapore, South
Africa, Sri Lanka, Swaziland, Sweden, Thailand,
U.K, Zimbabwe. By using a Mauritius GBC1
Company, profits can be withdrawn from that
country either without the imposition of
withholding tax or subject to a substantially
reduced rate of withholding tax. |
Usual authorized capital |
No Authorised Share Capital |
Chinese Names Allowed on C of I |
Yes |
Change of Domicile Permitted |
Yes |
| Corporate Requirements |
Local Registered Office and Registered Agent Required |
Yes, only local registered office |
Minimum Number of Directors/Managers |
2 |
Local Directors Required |
Yes, minimum one |
Corporate Directors Permitted |
No |
Minimum Number of Shareholders/Members |
1 |
Local Shareholders Required |
No |
Corporate Shareholders Permitted |
Yes |
Company Secretary Required |
Yes, local |
Bearer Shares Allowed |
No |
| Public Filings |
Record of Directors |
Yes |
Record of Shareholders |
Yes |
Disclosure of Beneficial Owners |
None if nominees are to be used |
| Annual Requirements |
Filing of Annual Return |
No |
Submit Audited Accounts |
Yes |
Annual General Meetings |
Yes, but can be conducted anywhere |
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.
Contact Us
Please contact us for further discussion about the set up and the quotation. |
|
| Mauritius GBC2 |
| General requirements |
Type of Company |
Global Business Licence 2 |
Type of law |
Companies Act 2001 |
Time to establish a new company |
5 working days |
Political Stability |
Good |
Tax on Offshore Profits |
Exempt |
Double Taxation Agreements |
None |
Usual authorized capital |
No Authorised Share Capital |
Chinese Names Allowed on C of I |
Yes |
Change of Domicile Permitted |
Yes |
| Corporate Requirements |
Local Registered Office and Registered Agent Required |
Yes, but only local registered office |
Minimum Number of Directors/Managers |
1 |
Local Directors Required |
No |
Corporate Directors Permitted |
No |
Minimum Number of Shareholders/Members |
1 |
Local Shareholders Required |
No |
Corporate Shareholders Permitted |
Yes |
Company Secretary Required |
No |
Bearer Shares Allowed |
No |
| Public Filings |
Record of Directors |
Yes |
Record of Shareholders |
Yes |
Disclosure of Beneficial Owners |
None if nominees are to be used |
| Annual Requirements |
Filing of Annual Return |
Yes |
Submit Audited Accounts |
No |
Annual General Meetings |
Yes, but can be conducted anywhere |
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.
Contact Us
Please contact us for further discussion about the set up and the quotation. |
|
| Panama |
| General requirements |
Type of Company |
Corporations |
Type of law |
Companies Act 2001 |
Time to establish a new company |
2 -5 working days |
Political Stability |
Fair |
Tax on Offshore Profits |
Nil |
Double Taxation Agreements |
None |
Usual authorized capital |
No Authorised Share Capital |
Chinese Names Allowed on C of I |
No |
Change of Domicile Permitted |
Yes |
| Corporate Requirements |
Local Registered Office and Registered Agent Required |
Yes |
Minimum Number of Directors/Managers |
3 |
Local Directors Required |
No |
Corporate Directors Permitted |
Yes |
Minimum Number of Shareholders/Members |
1 |
Local Shareholders Required |
No |
Corporate Shareholders Permitted |
Yes |
Company Secretary Required |
Yes, no specific requirements |
Bearer Shares Allowed |
Yes, but not available |
| Public Filings |
Record of Directors |
Yes |
Record of Shareholders |
No |
Disclosure of Beneficial Owners |
No |
| Annual Requirements |
Filing of Annual Return |
No |
Submit Audited Accounts |
No |
Annual General Meetings |
Yes, but can be conducted anywhere |
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.
Contact Us
Please contact us for further discussion about the set up and the quotation. |
|
| Seychelles IBC |
| General requirements |
Type of Company |
IBC |
Type of law |
Common Law |
Time to establish a new company |
1 working day |
Political Stability |
Good |
Tax on Offshore Profits |
Nil |
Double Taxation Agreements |
None |
Usual authorized capital |
US$1,000,000 |
Chinese Names Allowed on C of I |
Yes |
Change of Domicile Permitted |
Yes |
| Corporate Requirements |
Local Registered Office and Registered Agent Required |
Yes |
Minimum Number of Directors/Managers |
1 |
Local Directors Required |
No |
Corporate Directors Permitted |
Yes |
Minimum Number of Shareholders/Members |
1 |
Local Shareholders Required |
No |
Corporate Shareholders Permitted |
Yes |
Company Secretary Required |
No |
Bearer Shares Allowed |
Yes, but not available |
| Public Filings |
Record of Directors |
No |
Record of Shareholders |
No |
Disclosure of Beneficial Owners |
No |
| Annual Requirements |
Filing of Annual Return |
No |
Submit Audited Accounts |
No |
Annual General Meetings |
No |
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.
Contact Us
Please contact us for further discussion about the set up and the quotation. |
|
| Seychelles CSL |
| General requirements |
Type of Company |
CSL |
Type of law |
Common Law |
Time to establish a new company |
3 – 4 weeks |
Political Stability |
Good |
Tax on Offshore Profits |
1.5% |
Double Taxation Agreements |
Yes, including China, Thailand, Malaysia, South Africa, Botswana,
Mauritius and Oman |
Usual authorized capital |
US$100 |
Chinese Names Allowed on C of I |
Yes |
Change of Domicile Permitted |
Yes |
| Corporate Requirements |
Local Registered Office and Registered Agent Required |
Yes , but only local registered office |
Minimum Number of Directors/Managers |
2 |
Local Directors Required |
No, but necessary for DTA reliance cases |
Corporate Directors Permitted |
No |
Minimum Number of Shareholders/Members |
2 |
Local Shareholders Required |
No |
Corporate Shareholders Permitted |
Yes |
Company Secretary Required |
Yes, local |
Bearer Shares Allowed |
No |
| Public Filings |
Record of Directors |
Yes |
Record of Shareholders |
Yes |
Disclosure of Beneficial Owners |
None if nominees are to be used |
| Annual Requirements |
Filing of Annual Return |
Yes |
Submit Audited Accounts |
Yes |
Annual General Meetings |
Yes |
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.
Contact Us
Please contact us for further discussion about the set up and the quotation. |
|
| Singapore |
| General requirements |
Type of Company |
Private Limited Company |
Type of law |
Common Law |
Time to establish a new company |
Up to 4 working days, but a Pte Ltd name can be approved in 2 hours and incorporation in 1 day |
Political Stability |
Good |
Tax on Offshore Profits |
Exempt |
Double Taxation Agreements |
Yes, Please note that for the company to gain the benefit of the double taxation treaties signed by Singapore it is likely that the company would have to be resident. Treaties have presently been concluded with Australia, Bangladesh, Belgium, Canada, China, Denmark, Finland, France, Germany, India, Indonesia, Israel, Italy, Japan, Korea, Malaysia, The Netherlands, New Zealand, Norway, Philippines, Sri Lanka, Sweden, Switzerland, Taiwan, Thailand, United Kingdom. |
Usual authorized capital |
S$100,000 |
Chinese Names Allowed on C of I |
No |
Change of Domicile Permitted |
No |
| Corporate Requirements |
Local Registered Office and Registered Agent Required |
Yes, but only local registered office |
Minimum Number of Directors/Managers |
1 |
Local Directors Required |
Yes |
Corporate Directors Permitted |
No |
Minimum Number of Shareholders/Members |
1 |
Local Shareholders Required |
No |
Corporate Shareholders Permitted |
Yes |
Company Secretary Required |
Yes, must be local and qualified |
Bearer Shares Allowed |
No |
| Public Filings |
Record of Directors |
Yes |
Record of Shareholders |
Yes |
Disclosure of Beneficial Owners |
No |
| Annual Requirements |
Filing of Annual Return |
Yes |
Submit Audited Accounts |
Yes |
Annual General Meetings |
Yes, but can be conducted anywhere |
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.
Contact Us
Please contact us for further discussion about the set up and the quotation. |
|
|
|
