Offshore Company formation in Tax Heaven Jurisdictions

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GNV CONSULTANCY can assist you to incorporate an Offshore Company in a tax heaven jurisdiction like the British Virgin Islands, Seychelles and Caymans Islands etc, where there are no corporate or personal income taxes and capital gains taxes for non resident companies.

Tax Heaven Alternative

Hong Kong and Singapore have one characteristic feature that sets it head and shoulders above all other jurisdictions in the world - and that is they are not members of the Organisation for Economic Co-operation and Development (OECD) whilst at the same time they are nations with attractive tax systems.
Both Hong Kong and Singapore are the leading trading centres in the world, therefore they are legitimately jurisdictions in which large numbers of international companies have a business and even a banking presence but not considered to be tax heavens in the true sense of the term because they do not derive their main source of revenue and income from providing tax efficient vehicles and they shelter purely to external companies and individuals for the soul sake of taxation avoidance. 
Singapore and Hong Kong although not typically regarded as tax heavens, have a favorable tax regime which effectively means that correctly structured, managed and administered these companies can be utilized for offshore business and international business without paying tax in Singapore or Hong Kong provided that any profits arising are not made in the respective country (non resident company).

Opening of Corporate Bank Account for Singapore and offshore companies

With the strict rule in place for prevention of money laundering and terrorist financing, opening bank account for other tax heaven jurisdictions can be difficult. On the contrary, to open a corporate bank account for companies in Singapore or Hong Kong is easier as these companies are more transparent due to the strict compliance control by the government.
Related Topic:

  • Incorporation in Malaysia
  • Incorporation in Hong Kong
  • Incorporation in Offshore Tax heaven Jurisdictions
  • Why Incorporate an Offshore Tax heaven Company?
  • Singapore Company Formation for Locals
  • Singapore Company Formation for Non Residents

Snap shot of Offshore Jurisdictions

  • Anguilla
  • Aruba
  • Barbados
  • Belize
  • Bermuda
  • British Virgin Island
  • Cayman Islands
  • Cook Islands
  • Cyprus
  • Guernsey
  • Hong Kong
  • Ireland
  • Isle of Man
  • Jersey
  • Luxembourg
  • Malaysia (Labuan)
  • Marshall Islands
  • Mauritius
  • Nevis
  • Panama
  • Samoa
  • Singapore
  • St Kitts
  • St Vincent and The Grenadines
  • Switzerland
  • The Bahamas
  • The United kingdom
  • Turks and Caicos Islands
  • Vanuatu
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