Business Setup In Offshore
Advantages of setting up business in offshore
Minimum or zero tax duties and safe from international tax
Full ownership of the company and its intellectual properties
Confidentiality from
the local jurisdiction
International access and chance to
expand to other countries
Easy access to foreign investments
and global funds
Steps to start a business in the offshore
Fix on the
company name
First thing will be choosing a company name that will show the nature of the business activity also follow the guidelines.
Fill and submit
the applications
While filling out the application documents such as the details of the shareholders, business plan, CV of the shareholder etc should be submitted.
Document submission & approvals
There are many documents that is to be submitted for the final approval they include documents such as reference from banks, MoA, parent company certificate etc. Also, the approvals from any authorities that is concerned.
Draft a MoA and
AoA for the company
Both of these should be done in international standards and after the reviewing of these documents by the government you can get started on your business.
Get an offshore
bank account
The business needs an offshore bank account to operate in the international trading and consulting.
