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Setup a Seychelles company, any service recommendations?

Discussion in 'Business & Tax Advice' started by 2DHades, Feb 22, 2016.

  1. 2DHades

    2DHades Power Member

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    I want to set-up a company in the Seychelles, but the fees are quite different everywhere I look.

    Local companies in my area are asking for x3 the price I see on the web.

    Websites have all kind of different fees, and I was wondering if a fellow BHWer have used any of these services and can recommend me a good one where everything gets done fast without a hassle.

    Thanks a lot!
     
  2. RuthSam

    RuthSam Jr. VIP Jr. VIP Premium Member

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    Send you a PM just FYI :)
     
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  3. 2DHades

    2DHades Power Member

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    Thanks. So far prices vary from 500 to 2000 euro, lol!

    Anyone with first hand experience?
     
  4. pseudonym

    pseudonym Regular Member

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    where you register a company will not remove your liability to compliance where you are tax resident
     
  5. LaurusK

    LaurusK Newbie

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    Hi, I can help you with a company in Dominica (pretty much the same as Seychelles). Rates are different since some agents show only the company registration cost and will start adding services (FedEx, nominees, POA etc) and ofcourse there's a difference in certified agents rates and re-sellers rates. Skype if interested - ibclab12345
     
  6. pseudonym

    pseudonym Regular Member

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    how will you stop dominican IRS from notifying his resident state about his holdings? http://www.oecd.org/tax/transparency/AEOI-commitments.pdf
     
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  7. Corion

    Corion Junior Member

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    Well dominica has no privacy compared to the Seychelles! & it is much more expensive to keep going.
     
  8. 2DHades

    2DHades Power Member

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  9. pseudonym

    pseudonym Regular Member

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    i don't say these things with no reason
     
  10. pseudonym

    pseudonym Regular Member

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    163849.png
    question marks please?
     
  11. EarthIsYours

    EarthIsYours Newbie

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    The AEOI is for banking institutions to report the account holders info to country of residence. Nothing to do with company.

    This is the Automatic Exchange of Information and every solid banking jurisdiction today have signed up for it. It's there to top Tax Evasion so I don't see how your comment is relevent to his question.
    It will be reported to your country of Residence so if you don't want your country to find out, you better relocate.

    Open a bank account in Nigeria or Kenya if you want to stay out of AEOI scope. Or any african country basically, + Taiwan. I know I wouldn't wanna place 10k+ in any of the remaining countries
     
  12. pseudonym

    pseudonym Regular Member

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    this guy is not relocating anywhere. owning a sey/dom company will not remove the tax exposure he has today. people need to be made aware of these things prior to discussing which countries offer which forms of incorporation. people are trying to solve an underlying issue... don't you think?

    about signees/absents. there are ~200 "jurisdictions" in the world. ~102 are signees. the other 90+ are fine places in my opinion. i don't have inherent problems with countries based on their name. there is nothing wrong with vanuatu (bred.vu), east timor or papua new guinea as far as accomplishing the objective is concerned
     
  13. EarthIsYours

    EarthIsYours Newbie

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    He said "dominican company", and you answered "how will you stop dominican IRS". This is basically a global solution which got me confused, you did make it sound like he got an option. (and on top of that, technically it's the banks that reports)
    One legitimate way is to surrender his assets to a trust with nominees and find a propriate bank which recognize the trust as a person rather than just entity vehicle. Most banks do not, but I know of atleast 2 banks. Most of these banks shall be found in high secrecy banking jurisdiction.

    And on another note, we are all different, I would Never store more than some 30k in papua and especially not timor. Neither Vanuta as they was invited but have Yet to sign up. This might very well mean they will be cut out of their correspondent banks holding till they implement AEOI, the EUR and USD and thus gender useless for international business.

    Only trustable options left if you want to evade taxes is of my opionion worthful still (but is very very likely to sign up in the future to AEOI as I see all as temporary options):
    1. Lebanon - very high banking secrecy and well capitalized
    2. Taiwan
    3. Nigera - Well capitalized

    But thats just my 2 cents. If you wanna put your money in a corrupt island (timor) then you go ahead. You never know what happens so I may very well be wrong.
     
  14. I-marketer

    I-marketer Power Member

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    Look here for review of an offshore company registrators: https://www.streber.st/

    It would be good to talk with someone, who has seychelles IBC to get 1st hand info.
    Incorporating IBC is not as easy and cheap as you they present it on the web. Forget about having IBC completely setup for 500 USD or 1000 USD.
    Back in the days when we were incorporating IBC, the total cost was totaling around 5,000 USD, including mandatory collateral on the bank account to cover up potential (and quite high) costs when closing the company.

    Do your due diligence before going into the process.
     
  15. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    It would remove tax exposure if he is keeping a good amount of money in the offshore company and not bringing all back to him personally via salary or dividends. The new regulations do nothing but stop people from doing tax evasion not tax planning.
     
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  16. shaggy93

    shaggy93 Senior Member

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  17. RuthSam

    RuthSam Jr. VIP Jr. VIP Premium Member

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    There are lot of reliable offshore service providers around that can help you register your Seychelles corp. I did mine for aprox 1400 euro, my partner for aprox 1000 euro including banking in Cyprus. I don't know what the problem is that some may have had, our formation went smooth.

    You could check out the guys in my signature, they are OK too and there are many others around.
     
  18. voidale

    voidale Power Member

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    I can refer you to an awesome company I've used before, I've setup seychelles + cyprus bank with them.
     
  19. MLworkonline

    MLworkonline Registered Member

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    It's really annoying how in these discussions there are always people going
    "b-b-b-but personal tax liability"

    they have clearly not talked to a decent advisor.

    I already have to deal with these problems as I am an expat and have personal residency in 2 seperate countries.

    learn to keep organized and seperate your finances! If you have, in the end everything transferred to your personal bank account, well, duuuh hello taxman.
     
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  20. LaurusK

    LaurusK Newbie

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