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Where to find suitable offshore?

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Anonymous

11y ago
Updated: 8/21/2019

When it comes to offshore banking, the available information is so commercialized that it is hard to chose between suitable offshore company location. Several sources can be used to obtain some information on offshore banking and company registration. There is commercial ones like this - (see related link) and non commercial - (see related link #2).

DifferenceAs You can see there is difference among commercial offshore offer and noncommercial news post one.

Commercial offer lists Cyprus, British Virgin Islands, Hong Kong, Ras Al Khaimah, Panama, Gibraltar as suitable banking off-shores whereby noncommercial post lists Dubai, Singapore, Hong Kong, Switzerland, Cayman Islands.

Visible difference exists among professionals and outsiders, although Hong Kong is listed in both.

Hong KongHong Kong has a strong banking infrastructure. Banks do not require formal approval from the government for opening accounts. The minimum balance is $3,000.
  • Company formation in Hong Kong takes around 1-7 work days
  • No corporate income tax on foreign profits
  • The minimum count of shares is 1 and share capital may be of any size.
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Wiki User

11y ago

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