What is an offshore company?

An offshore company or corporation is the same as any other company in that it is an entity recognised by law as a separate “entity” with limited liability. As such the company has the option to sell shares, the right to sue and be sued, and has perpetual existence. An IBC (International Business Company) is the most popular type of offshore corporation for asset protection and privacy purposes. An IBC is usually a tax-exempt corporation that can do business all over the world except in the country where it has been incorporated. Popular IBC jurisdictions include the British Virgin Islands, Belize, Nauru and the Seychelles.

Apart from the traditional offshore centres, many ‘onshore’ jurisdictions have corporate structures that are attractive to international users. UK LLP, US LLC, UK Limited Companies, Hong Kong Limited Companies and EU companies are all examples of domestic structures of particular value for international tax planning purposes

Where should I incorporate?

Most offshore jurisdictions are free from foreign exchange controls and have introduced company legislation to cater for a diverse range of international business requirements. It is important to select a jurisdiction that is well-suited to your specific corporate and personal needs.

Who will maintain the offshore structure?

We have offices in most major financial centres and can undertake a client’s company administration in accordance with corporate requirements. In addition, we can arrange accounting, audit and legal services, provide local management and assist clients in obtaining a licence from the regulatory authorities.

What are the costs?

Company formation fees, recurring annual fees, and administration costs vary from jurisdiction to jurisdiction.

What are shelf companies?

Shelf companies are ready-made, never-used corporations that have been established to meet a client’s immediate needs. We maintain a list of over 100 well-named companies available to trade immediately.

How long does it take to set up an offshore structure?

International Business Companies can usually be set up within two working days on condition of receipt of all the required information from clients.

Is my privacy protected?

Whilst we respect and honour the confidentiality of our corporate clients, we are committed to carry out a thorough due diligence of both our clients’ identities and the nature of their business. Our clients must disclose to us both the reason for setting up an offshore entity and the type of business the offshore entity is likely to conduct. We are obliged to monitor and ensure that the activities of the offshore entity do not breach any international regulations, and our clients are required to execute management agreements with COI INCORPORATORS . This formal approach to due diligence benefits all parties.

How do I proceed?

Use our ordering facilities to instruct us to set up the solution and put administration and support services in place. Choose the option that suits you best:

Speak to an COI consultant

Tell us a little about your requirements or the information you require and a consultant who speaks your language will contact you directly to discuss and establish the best solution to meet the challenge of your particular situation.

Contact Us

Should you require additional information, request a quotation or clarify any related matter, please contact one of our Consultants who will be happy to assist with your enquiries.

Disclaimer

COI ´s services are subject to its Terms and Conditions.The information provided by COI is intended as informative material and should not be relied solely upon in decision-making, especially if it concerns international tax planning and financial structuring as these areas are subject to frequent changes, although its efforts to keep all information on its website regularly updated.

COI strongly recommends that each potential user of its services seek tax and legal advice before deciding on implementing a solution employing international financial structures. COI will not be liable for any damages, costs and expenses resulting from or incurred as a result of any action taken or omitted based upon any such information provided by COI.