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cheapest offshore company formation service on the web

Discussion in 'Business & Tax Advice' started by casperwww, Jun 11, 2016.

  1. casperwww

    casperwww BANNED BANNED

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    Hi,
    I have a small business on the internet and i want to open offshore company, but actually my budget is little so i am looking for cheap one

    plz help guys
    thanks
     
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  2. Thecostofexperience

    Thecostofexperience Newbie

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    Which type of offshore company do you want to launch.
     
  3. Invader3564

    Invader3564 Registered Member

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    What is your budget?
     
  4. casperwww

    casperwww BANNED BANNED

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    International Business Company (IBC)
    i want it in Seychelles (no tax)
     
  5. RobinB

    RobinB Registered Member

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    Where you belong?
     
  6. SEMWORLD

    SEMWORLD BANNED BANNED

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    It first depends on the type of company that you are currently running. I am thinking, if the business is purely run online, meaning the main activities of the company are run online then there is no need for you to have a physical office. Today we have seen how very many companies are running virtual offices and they are saving a lot in terms of rent for the office space among other expenses. You can try to have it launched virtually in the country of choice where operations are not that difficult.
     
  7. RuthSam

    RuthSam Jr. VIP Jr. VIP Premium Member

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    You realize that you will have to pay personal tax for all profits made with the Seychelles company right? Also you may use a SC corp only for business where you are not depending on paypal since they won't open an account for you.
     
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  8. casperwww

    casperwww BANNED BANNED

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    Seychelles have no tax, and here in Egypt there will be very little tax, i still looking for cheapest one
     
  9. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    Egypt has rules blocking you from doing such a setup.


    http://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-guide-to-cfc-regimes-210214.pdf
     
  10. casperwww

    casperwww BANNED BANNED

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    I don't think so capo since Egyptian authorities havenot power to block company setup in other countries
     
  11. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    I meant you can't use a setup like that to pay less taxes, the offshore company would still be paying taxes to Egypt.
     
  12. lemon

    lemon Junior Member

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    just because you can get away with dumping your profits into an offshore account, it is still a crime and governments are looking at this very closely now. Read up on the panama papers.
     
  13. TayaX

    TayaX Jr. VIP Jr. VIP

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    The guy is not asking for a lecture about tax evasion. He's asking what is the cheapest way to form a company in Seychelles.
     
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    Last edited: Jun 29, 2016