Please see below a selection of packages (company formation with bank account, or company with an e-wallet account).
Relatively low tax and ideally positioned for Europe & the Americas.
• A Limited company formed in England & Wales
• An introduction to a UK digital bank/e-wallet and/or European bank account.
St Vincent LLC ( in the Caribbean) and Seychelles (in the Indian Ocean.) IBCs have no requirement to file or audit accounts. Other than an annual flat fee, there are no taxes to pay.
We offer a traditional bank account for this package. The banks are based in Mauritius and are full service. There are no monthly fees, but transaction charges can be on the high side. Please be aware of bank opening deposits before proceeding. Debit cards are available.
We suggest that 'Tropical packages' are best suited to consultancy businesses rather than e-commerce.
The renewal cost for a St Vincent LLC is currently US$ 899
The renewal cost for a Seychelles IBC is currently US$ 799
Hong Kong is an international trading hub with one huge advantage - territorial taxation. Hong Kong does not levy taxes on profit generated outside the territory. Despite recent events, Hong Kong continues to operate independently of mainland China and is an English Common Law jurisdiction.
Accounts should be prepared ready for filing. However, if all business is conducted outside Hong Kong, an audit exemption can usually be obtained.
Opening a traditional bank account in Hong Kong, particularly for companies trading outside Hong Kong, is not easy. For this reason, we introduce clients to Hong Kong based e-wallet/digital bank. It offers all of the facilities of a bank plus the ability to maintain balances in several major currencies. Fees and costs are very low. A debit card is available.
The Hong Kong company renewal cost is currently US$ 1,199 (excluding any accounting/audit costs).
Wyoming, in the midwest of the USA, is lightly populated and lightly taxed. No personal or corporate income taxes and a low 4% sales tax for state residents.
The state prides itself on its ease of doing business. Company formation is fast and straightforward. Like all US states, companies formed in Wyoming need to obtain an EIN (Employer Identification Number) from the IRS (tax office), and currently, this is subject to delay. Our fee includes the costs of obtaining an EIN.
Provided that the owners of an LLC are residents outside the USA AND no business is done in the USA, there is no requirement to file accounts. This makes a Wyoming LLC it ideal for international trading and e-commerce for non-US residents.
Opening a traditional bank account in the USA is impossible without a personal visit. However, we can introduce clients to a digital bank that is happy to operate remotely. Fees and costs are low, and a debit card is available.
The Wyoming LLC renewal cost currently US$ 399
Consultancy Package $1,200
e-Commerce Package $1,450