The establishment of offshore companies in your jurisdiction is not restricted by nationality. Many banks around the world allow you to open bank accounts for offshore companies and then conduct business internationally. The confidentiality of shareholders, directors and offshore companies is protected by the laws of almost all jurisdictions / countries in the Americas, Europe, Puerto Rico, etc.

How to set up an offshore company

Step 1

First, our relationship manager will ask you to provide details of all shareholders and directors, including their names. You can choose the required service level. This stage usually takes one to three working days, and one working day in case of emergency. In addition, please provide the suggested company name so that we can check the qualification of the name in the company registry / company location of the corresponding jurisdiction / country / region.

Step 2

Pay our service fees and official government fees for the jurisdiction / country of your choice. We accept credit card / debit card, paypal or wire transfer to our bank account.

Step 3

After collecting complete information from you, magnate consult will send you a digital version of your company documents (company registration certificate, register of shareholders / directors, stock certificate, memorandum and articles of association, etc.) by email. The complete offshore company kit will be sent to your residential address by express (TNT, DHL or UPS, etc.).

You can open an offshore bank account for your company in Europe, the United States or any other jurisdiction where we support offshore bank accounts, and you are free to make international remittances from your offshore account.

Once your offshore company is established. You are ready for international business!

1. Since its establishment in 2008, magnate consult has more than 10 years of experience in offshore consulting. During this period, we have developed an unparalleled offshore service network.

2. We provide customized suggestions to our customers and take full account of the latest laws and regulations to protect their rights and interests.

3. We have been recognized by many customers and regions.

4. There is no doubt that we are one of the most competitive offshore service providers.

Offshore company refers to a limited liability company or joint stock limited company established in accordance with its offshore company law in the offshore law area. The local government has no tax on such companies, and only charges a small amount of annual management fees. At the same time, all major international banks recognize such companies, providing convenience for them to set up bank accounts and financial operations.

Offshore companies have a variety of uses and benefits for customers who want to engage in international financial, trade and investment activities. According to specific offshore jurisdictions, offshore companies have the following characteristics and advantages: easy registration, lowest cost, no foreign exchange control, high confidentiality, tax incentives. We have noticed that many multinational enterprises have offshore companies.

Offshore jurisdictions not only have certain tax preferences, but also are good places to attract investors due to factors such as political stability, good reputation and complex company law.

Each offshore jurisdiction has its own advantages, which can meet the strategic needs of customers. After training, MC's customer service team can help customers find a tax haven suitable for their business.

We have carefully listed the service countries on our website, from countries with lower costs to countries with higher costs. Although the fees vary, all jurisdictions guarantee the confidentiality and integrity of investors.

Offshore companies may attract many people's interest and can be used in various activities.

businessman

Creating an offshore company allows you to start an activity without having to deal with setting up a complex infrastructure. Offshore companies allow you to quickly create a stable structure through simple management and enjoy all the benefits of offshore jurisdictions.

Internet Commerce (e-commerce)

Internet traders can use offshore companies to maintain domain names and manage Internet sites. For those who do business on the Internet, offshore companies may be an ideal choice. You can choose to register your company's registered office in offshore jurisdictions to take advantage of the benefits offered by these jurisdictions.

Consultant / Counselor

You can also carry out your consulting or consulting business through offshore companies. You will find it easier to manage your company, register in a stable jurisdiction and benefit from all the advantages of that jurisdiction.

International Business

International trade can be carried out through offshore companies. It will handle purchasing and sales.

Holding intellectual property rights

Any type of intellectual property (patent or trademark) can be registered in the name of the offshore company. The company may also purchase or sell such rights. It can also grant the right of use to a third party in exchange for payment.

For the custody of movable and immovable property

Offshore companies are used to hold movable property (such as yachts) and immovable property (such as houses and buildings). In addition to confidentiality, the benefits and advantages they provide include exemption from certain types of taxes (such as estate tax). However, it should be noted that some countries do not allow the acquisition of movable / immovable property through offshore structures, so it is recommended that those who wish to form offshore structures verify with the competent authorities before continuing.

For inheritance purposes

In some countries, an offshore company that always maintains operations (provided that it pays all costs related to its operations) may be used as a means to avoid inheriting tax laws. In order to minimize the liability of estate tax, offshore structures can also be combined with trusts or foundations.

Stockbroker / foreign exchange

Offshore companies are often used for stock trading or foreign exchange trading. The main reason is the anonymity of the transaction (you can open an account in the name of the company).

You can freely make international remittance under your offshore company. We hope you know that you should contact the tax advisor in your country of residence before setting up an offshore company.

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Most jurisdictions in which we work do not tax the profits or interests of offshore companies. Some, such as Hong Kong or Delaware, only tax profits within their jurisdiction, while Cyprus charges a flat tax of 10%.

Although the company may not be required to make tax reports to its local authorities, from a personal point of view, it does not exempt you from seeking advice from the tax adviser in your country to assess the extent of your own obligations, if any

You will be required to settle the annual fee before each anniversary of the company, rather than at the end of each calendar year. To avoid omission, we will send you a renewal notice before the anniversary establishment date.