Creation of an Offshore Company

Discussion in 'Business & Tax Advice' started by TheMasterOfMoney, Apr 7, 2013.

Thread Status:
Not open for further replies.
  1. TheMasterOfMoney

    TheMasterOfMoney Jr. VIP Jr. VIP

    Joined:
    May 22, 2010
    Messages:
    802
    Likes Received:
    1,427
    Home Page:
     
    • Thanks Thanks x 1
  2. lancis

    lancis Elite Member

    Joined:
    Jul 31, 2010
    Messages:
    1,683
    Likes Received:
    2,427
    Occupation:
    Entrepreneur
    Location:
    Milky Way
    Home Page:
    Avoid Trident Trust (or any lawyers working with them), they will waste your time and money.
    Personal experience here.
     
    • Thanks Thanks x 1
  3. TheMasterOfMoney

    TheMasterOfMoney Jr. VIP Jr. VIP

    Joined:
    May 22, 2010
    Messages:
    802
    Likes Received:
    1,427
    Home Page:
    Thanks for the advice, will avoid them.
     
  4. fzw_simon

    fzw_simon Newbie

    Joined:
    Apr 3, 2013
    Messages:
    2
    Likes Received:
    0
    Occupation:
    Business Consultant
    Location:
    Shanghai, China
    Hi Sir,
    This is Simon from Sinovantage Consulting Investment Limited, we are a financial consulting firm based in Shanghai, Beijing, Shenzhen and Hong Kong. We are a service provider for offshore company registration and corporate account opening. Please feel free to contact us for further information.

    Best Regards,
    Simon
    Sinovantage Investment Consulting Limited
    Incorporation - Tax & Accounting - Business Immigration
     
  5. bryanon

    bryanon Executive VIP

    Joined:
    Oct 16, 2009
    Messages:
    1,411
    Likes Received:
    1,503
    I've used A&P Intertrust (http://www.apintertrust.com/) for incorporating / bank introductions a few times and had very positive experiences with them. They're based in Canada so if you're based in Europe then time zones may be a bit of an issue but apart from that everything's been extremely smooth with them.
     
    • Thanks Thanks x 4
  6. TheMasterOfMoney

    TheMasterOfMoney Jr. VIP Jr. VIP

    Joined:
    May 22, 2010
    Messages:
    802
    Likes Received:
    1,427
    Home Page:
    Thank you very much, I think I will go with them, I just read their website and have very good deals. :)
     
  7. 4offshore

    4offshore Newbie

    Joined:
    Apr 21, 2013
    Messages:
    3
    Likes Received:
    0
    "run with my money" ... Gosh, you are very trusting person!
     
  8. stevenzhang

    stevenzhang Newbie

    Joined:
    Aug 16, 2013
    Messages:
    3
    Likes Received:
    0
    Location:
    Shenzhen
     
  9. infoasian

    infoasian Supreme Member

    Joined:
    May 12, 2011
    Messages:
    1,399
    Likes Received:
    431
    Occupation:
    retired
    Location:
    Singapore
    Home Page:
    In my experience you want to avoid all those service companies. Most of them are extremely shady. You certainly don't want a shady company to look at your passport copy or account statements. Look up the yellow pages in your country of choice, research good lawyers and use them. Alternatively, seek advice of senior bankers if you have access to them.
     
  10. stevenzhang

    stevenzhang Newbie

    Joined:
    Aug 16, 2013
    Messages:
    3
    Likes Received:
    0
    Location:
    Shenzhen

    Actually, according to my view, choosing a service agent or a lawyer depends on your intention and plan. For example, if you just want to set up an offshore company and a bank account for your trading business or investment proposal, I guess a service agent is enough as they offer competitive prices compared to lawyers and CPAs. However, if you plan to set up offshore trust and wealth protection or IPO, a lawyer or a CPA is highly recommended.

    As for me, I just need a company for trading, therefore I paid co123.cc about USD 450 for setting up a Hong Kong company. It worked fine.

    Hope you can make a good decision!
     
  11. Alpha.

    Alpha. Power Member

    Joined:
    May 11, 2013
    Messages:
    506
    Likes Received:
    237
    Location:
    Europe... No Borders? No Worries!
    450$ for WHAT exactly? A one-time fee for the founding of a ibc? Or a national company? With/without a bank account? What about the yearly costs of a registered agent? taxes? etc etc etc..

    Sorry pal, but we're talking about offshore companies here and you will NEVER get those for 450$
     
  12. darwin33

    darwin33 Registered Member

    Joined:
    Nov 13, 2012
    Messages:
    60
    Likes Received:
    7
    I often incorporate offshore companies (seychelles, hong kong, singapore mostly) and and a 450$ registration fee and 1 year company fee is too low to be true. for HK company is around 700 Euro. You need to visit HK in order to open a bank account. don't do all things remote is a risk of losing control of the bank account.
     
Thread Status:
Not open for further replies.