Friday, 4 February 2011

Offshore Company Formation

There are many benefits to using an offshore company or formally known as an IBC or International Business Company.  The main characteristics of an offshore or IBC Company are low or zero tax provided by the various jurisdictions available.  However there are other important advantages to using an offshore structure such as:
  • Simplification of company operations
  • Asset Protection.
  • Reduction of your tax burden
  • If you wish to enter into cross border business transactions. 
  • In order to own intellectual property, copyrights, patents and trademarks.
  • You wish to invest offshore.
  • You want to buy and hold real estate at home and overseas.
  • You have an internet based company and want to take advantage of the significant benefits of structuring as an Offshore Company.
  • You are a professional, consultant, artist or other self employed person wishing to gain the advantages of working as an employee or external consultant of an Offshore Company.
  • Yacht Registration.
  • Confidentiality.
We appreciate that every individuals needs are unique to them and often the step of setting up an Offshore Company can seem daunting.  Therefore if you wish to discuss your particular needs in absolute confidence we are always delighted to be of assistance.

An ideal offshore location for incorporation will always include the following requisites:
  • Political stability
  • Good legal infrastructure
  • Modern financial services
  • Latest technical tools
  • Attractive tax regime that encourages foreign investment
  • A solid reputation
  • Cost Competitiveness
  • Ease of access
There are many offshore jurisdictions.  At Amanda J Molyneux & Company Limited, we always seek to find the most competitive and effective jurisdictions to suit our clients’ needs.  Although we can assist clients with many different jurisdictions, we have specialised for many years in Seychelles and Cyprus Companies.

Our most popular product remains the Seychelles IBC (International Business Company) with guaranteed Cyprus Bank Account.  This structure is designed to give maximum protection and confidentiality to our clients and offer a form of protection previously unavailable from the offshore industry. Through our years of experience we have earned a solid reputation and have built a strong relationship with the banking Industry in Cyprus, allowing us to make guarantees over provision of bank accounts that few others are able.