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Cheapest Offshore Company formation agencies?

Discussion in 'Business & Tax Advice' started by theweg, Mar 13, 2013.

  1. theweg

    theweg Regular Member

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    Hi

    I'm running a small business and now I want to scale it up a bit as I have clients asking for invoices.
    I would like to from an Offshore Company in Belize or Seychelles the location doesn't really matter.I saw a lot of websites and agencies but I'm not sure which of them are real.
    Can you guys help me out?

    I appreciate your help.

    Thanks!
     
  2. msidennis

    msidennis Newbie

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    Go with turnerlittle.com for your corporate requirements. They are fantastic! :)
     
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  3. bk071

    bk071 Jr. Executive VIP Jr. VIP Premium Member

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    I've been doing some research on the subject lately.

    http://Bizfilings.com looks good and they have been endorsed by the co-founder of a fairly popular startup called Traffio. Take a look at the article here : http://www.nextbigwhat.com/how-to-startup-in-silicon-valley-297/
    (I highly recommend you read the whole article. Its fantastic!)

    Another company that seems legitimate and has fair pricing is http://www.amerilawyer.com/. They have been in the business for a while (you can tell that by looking at their 1990-fashioned website lol).

    Good luck.
     
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  4. enc0re

    enc0re Junior Member

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    I am looking something like that too. I just like to hear personal experiences first from some hq users.
     
  5. theweg

    theweg Regular Member

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    I'm extremly thankfull for your time bk071.

    This week I spent some hours looking over the sites you mentioned and yes they are both great ones but they are not for me.Actually the problem is that forming a company comes with a lot of hidden fees.I calculated the exact price and it was somewhere between $1k-$1.2k.At the moment I don't have enough funds to form a company in the US that's why I want to form one in the Seychelles or Belize because there are no hidden fees and taxes.

    If someone can recomeend any website where I can form a company in the countries I mentioned I would appreciate it.
    I'm sure many people have the same problem as I do.
     
  6. navimeister

    navimeister Regular Member

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    Avoid milonline.com. They are cheap upfront but will rip you off later. The cheapest I have found is http://alphaservicesltd.com/index.php?section=4. Cheapest annual fees, although a very limited set of services. You can go directly to the registered agents here: http://www.ibcbelize.com/licensed-registered-agents, I found some of them are much cheaper than the usual reseller guys.

    You can open a bank account on your own if you ask for a notarized set of company docs (or couple sets). A good offshore bank is Euro Pacific bank.

    Think twice whether you need nominee directors or shareholders. That's one of the things these agent companies use to lock you in to their service. They won't let you change unless the other agent pays them a fee.

    It's a very unregulated business, most companies rip you off left and right. Maybe some day I will enter this niche, LOL.
     
  7. chumkydamonkey

    chumkydamonkey Newbie

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    Have used 2 companies for offshore setup's in Seychelles, 1: is Atlas they are not the cheapest but they professional, they themselves are based out of Dubai Another is abacus in seychelles. Ask and I can give contacts.
     
  8. GreasyMidget

    GreasyMidget Newbie

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    I have used these guys in the past and they did a great job. offshore-protection.com
     
  9. I-marketer

    I-marketer Regular Member

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    Try cclogic
    They are quite cheap. Maybe not cheapest, but proffesional. Also they have seasonal offers and package price can be negotiated.
     
  10. fzw_simon

    fzw_simon Newbie

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    Dear OP,

    We can help you forming Belize or Seychelles Company, and many other offshore jurisdictions.

    sinoinvest.hk
    SINOVANTAGE INVESTMENT CONSULTING LIMITED
     
  11. worldbh

    worldbh Registered Member

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    Being naïve will get you burned every time. I hate telling people they are lazy but you have not spent much time studying the issues of corporate formation, costs and locations for forming such in the USA. What if I told you that you could form a corporation that will protect you from the ills of society for the grand total sum of $250.00 for the first year? I will come back to see what you have to say about this a little later.
     
  12. FX.RA

    FX.RA Newbie

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    Perhaps it is too late to mention, but yes, there are ways to form corporations for less then 500 usd. and you will be protected. I specifically deal with Belize Offshore Companies. While I strongly advise all seeking to open an Offshore Company to consult a created tax agent, as a US citizen you can register for a corporation in Belize. Belize is non patriot act compliant and your personal information will not be shared with any outside entity. As long as you (or the corporation) does its business outside the jurisdiction of Belize and do not solicit Belizian Residence, you are Tax Free in Belize. As well, if you gross less then 90,000 usd a year in profit from your offshore ventures through this Belize IBC, you are also exempt from capital gains tax. Trusts can also be established in Belize to help better protect assets. Any questions feel free to ask.

    Cheers
     
  13. worldbh

    worldbh Registered Member

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    @FX.RA I always like it when someone knows what they are talking about - This information might help a lot of people. In addition there are USA LLC companies that can have Foreign Companies and Trusts as members. This post deserves thanks
     
  14. 4offshore

    4offshore Newbie

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    What do you do? You really should find out which jurisdiction is better for your business... If I were you I would not just go to the cheapest, as you will never get any advise from such services. (just think about Chinese car vs German Mercedes)...

    I have came across one website that gives summaries of different jurisdictions and "star ratings", I find it very helpful... Anyway have a look at a site "pevex offshore" and choose "Companies"... they also have some packages that include bank account... Sorry I could not post normal link due to forum rules.

    Hope it helps!
     
  15. Roparadise

    Roparadise BANNED BANNED

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    You can start a company in the U.S. for around $100 and have it and the Federal EIN in under a week.
     
  16. VintageAude

    VintageAude BANNED BANNED

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    thats not what this thread is about get off the US nuts
     
  17. globalfx

    globalfx Newbie

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    BELIZE TIEAs (Tax Information Exchange Agreement of OECD standard) with Australia, Belgium, Denmark, Faroe Islands, Finland, France, Greenland, Iceland, Ireland, Netherlands, Norway, Portugal, Sweden, UK, Aruba, Ireland, Italy, Mexico, Poland, and USA.
     
    Last edited: Apr 23, 2013
  18. globalfx

    globalfx Newbie

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    If you want any kind of privacy or peace of mind, stay off US soil. They own all your information, including your email accounts. Seen it too many times
     
    Last edited: Apr 23, 2013
  19. garrido

    garrido Supreme Member

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    Awesome thread. Thanks!
     
  20. Frantisek74

    Frantisek74 Newbie

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    I can suggest good link.Answer on PM