Company Formation
We at FXMade IT Solutions register and incorporate numerous international business entities every year in both offshore and onshore jurisdictions. We also provide corporate services such as opening and administration of bank accounts, nominee and registered agent services etc.
When considering the formation of an offshore company there are many factors determining the most suitable company type and jurisdiction, outlined here is a basic summary of what an offshore company is to help you with this decision.
There is no precise legal definition, but an offshore company is, in reality, a company formed in a jurisdiction outside the home country of the owner. The term is generally taken to mean a company incorporated in a territory which may be beneficial for taxation and which could impose a zero or low rate of tax, or perhaps indeed exemption from tax.
Historically there may have been qualifying conditions attached to such favorable treatment, such as ownership by non-residents, but the international community is moving rapidly in the direction of the same tax treatment for all companies, by whomsoever they are owned.
OFFSHORE BANKING
ESTABLISHMENT
Once the decision has been reached about the most appropriate jurisdiction for your offshore company and the preferred banking group to use then there is usually a substantial amount of information required for bank applications and compliance. FXMade IT is well acquainted with the various banks requirements and can guide you through with as little disruption as possible ensuring that the account is opened as quickly as possible although it should be noted that complex arrangements can take a little longer.
BANKING ADMINISTRATION
