The term Offshore company Formation is covering a lot of different offshore jurisdictions around the world, just to mention a few of them, Belize, Seychelles, BVI and Cyprus are those offshore jurisdictions there are several more and it depends very much on your type of business and which products or services are sold when you plan a offshore company formation.

An important part when you consider registering an offshore company is, that you are able to open an offshore bank account for the company, without a bank account your offshore company is worth nothing.
If the reason for an Offshore Company Formation is for liability, assets or privacy protection we often suggest to carefully planning your company structure. For instant it isn’t always enough to just have one company in an offshore jurisdiction if the purpose is assets or privacy protection. In these cases we recommend to have a Holding Company in for instant in the British Virgin Island, Belize or Seychelles and have the company with which you are conducting business be located in Cyprus.

To have a Offshore Holding Company outside of Europe and in an Offshore jurisdiction like Belize, BVI or Seychelles has the benefit that you can incorporate it anonymously which gives you the privacy and assets protection which in this example is the main purpose. To top up this and to not limit yourself or your business it is a great benefit to have your business take place in a Cyprus Company since Cyprus first of is part of the European Union which makes it less difficult to open a Bank Account for your day to day banking and if you conducting Online Business to open a Merchant Account to accept credit card payments.

A Cyprus Company can be registered by a Company in for instant Belize, Seychelles or BVI and those Offshore Companies can also be side to be the shareholders act as Directors for the Cyprus Company.

When you want to take out your profit in the Cyprus Company it can easily and with no obligations to TAX be transferred to your Offshore Company located in the offshore jurisdictions mentioned above.
We are specialized in the setup of entire Offshore Company structures which includes the opening of Bank Accounts, Merchants Account and registration of companies in the offshore jurisdictions, Belize, BVI, Seychelles and Cyprus. Please do not hesitate to contact us for additional information or visit our website.