International Formations
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International Formations

International Formations

Advisory & Consultancy Services
Company Formation Internationally & Business Banking Account Recommendations.

Jurisdictions in which we incorporate companies

We offer a wide range of jurisdictions.  For further information please see the map below and hover for more information.

Hong Kong (Ltd) Company features:

  • Low tax rate
      8.25 % - 16.5%
  • Fast to form
  • Suitable for online trading

Singapore (Pte Ltd) Company Features:

  • Tax rate 17% with exemptions in the first three years of trading
  • Fast to form
  • Suitable for consultancy services

Seychelles (Ltd) Company Features:

  • Zero tax
  • 2 -7  days to form
  • Best for asset holding, including intellectual property or offshore consultancy services

RAK IC Features:

  • Zero tax
  • 2 -7  days to form
  • Best for asset holding, including intellectual property or offshore consultancy services

Cyprus Limited company

England & Wales companies.

A UK limited company is one of the world's best known corporate structures and is widely respected. The maximum tax rate on profits is currently 19%.

LLPs are not taxed on their profits. Instead, the partners are taxed on their individual drawings. This can mean for non-UK-resident partners a zero tax bill.

Ireland companies

St Vincent LLC

Wyoming LLC

 

Delaware LLC

New Mexico LLC

International Trading Companies

Clients wishing to trade internationally and looking for a ‘respectable’ jurisdiction with relatively low tax rates, we recommend Hong Kong, Singapore or the U.K. which can be used throughout the world. 

HONG KONG

Limited Company

Need Help?

You probably have questions before going ahead with the formation - we are here to assist.

Benefits

  • The tax rate on profits of up to HK$2m (c. US$255K/£213K/£250K) is 8.25%, above this profit tax is 16.5%. This applies to Hong Kong source income.
  • There is no withholding tax (WHT) on dividends and interest.
  • Royalties received by non-residents are subject to a small WHT of 2.475% to 4.95%
  • Territorial taxation – trading income from outside Hong Kong is generally NOT taxable.
  • Hong Kong does not have VAT/GST or digital download tax.

Requirements

  • Maintaining a registered office in Hong Kong and a qualified local company secretary is required. There is no requirement for a local director.
  • All active Hong Kong companies must conduct an audit annually. Thus accounting records should be kept.
  • Business banking. A traditional bank account in Hong Kong is very complicated to open. However, a range of digital/e-wallets will provide multicurrency accounts with cards.

Our opinion Why choose a Hong Kong company?

No VAT/GST or digital taxes make Hong Kong companies attractive for online businesses. Hong Kong companies are also ideal for providing consultancy and management services.

Frequently Asked Questions About Hong Kong Companies

Our initial incorporation fees cover the company for the first 12 months, after which annual fees become payable for the life of the company.

Our annual renewal fee includes: government fees, registered office/mailing address, and secretarial services.

What other fees are there to pay?

Telephone answering service, see Virtual Office tab.

Book-keeping, accounting and audit.

Yes, we do offer registered office address as part of our company formation service. This includes unlimited mail scanning and 24/7 access to your virtual mail room.

Yes, basic mail handling services are included in our registered office service. We also able to offer telephone answering services.

Yes, our company secretarial services are included in the initial set up and renewal costs. This includes the provision of a qualified Hong Kong company secretary.

Yes! We can assist you with this.

Our Advanced Plan will identify the best e-wallet for your Hong Kong company.

As with most jurisdictions, it is necessary for a local agent to have copies of: passport and address proof for all directors and shareholders.

If a shareholder is corporate then a certificate of incorporation and possibly CoGS (Certificate of Good Standing) is required.

Yes!

For advice on bookeeeping and accounting, please see our Advanced Plan.

Audit. The costs of an Audit will depend on the number of transactions and the quality of the accounts provided. We will need to obtain a quote from a qualified auditor for audit fees.

In theory, yes, but a personal visit to Hong Kong is required, and the process is not automatic if the applicant does not have a bricks-and-mortar business in Hong Kong. There are some banks outside Hong Kong in which an account can be opened remotely, but please be aware of minimum deposits and balances.

For further information, please see our Advanced Plan.

Singapore

Pte Limited Company

Need Help?

You probably have questions before going ahead with the formation - we are here to assist.

Benefits

  • Singapore is a respectable jurisdiction and is often best suited as a gateway to Asia and where a physical presence is required.
  • Singapore is a Common Law jurisdiction which is beneficial in matters of contract law, equity and trust law, property law.
  • The maximum tax rate on Singapore profits is 17% with limited tax exemptions of up to 75%.
  • Company incorporation is completed online and, therefore, quick.

Requirements

  • Singapore requires that a local director and a local secretary to be appointed and this is part of our company formation service.
  • Small/medium Singapore companies must prepare and file un-audited accounts annually.
  • Companies with assets/turnover above S$10m are subject to audit.
  • GST (VAT) registration may be required for some companies.

Our opinion Why choose a Singapore company?

Singapore is ideal for those wishing to establish a gateway into Asia with good infrastructure and a well educated work-force. Singapore is best suited for medium and growing companies.

Frequently Asked Questions About Singapore

Our initial incorporation fees cover the company for the first 12 months, after which annual fees become payable for the life of the company.

Our annual renewal fee includes: government fees, registered office/mailing address, and secretarial services.

What other fees are there to pay?

Telephone answering service, see Virtual Office tab.

Book-keeping, accounting and audit.

Yes. We offer both local director* and local secretary.

*A deposit may be required for local director service if you don’t take our accounting and tax package.

Yes, we do offer registered office address as part of our company formation service.

This includes unlimited mail scanning and 24/7 access to your virtual mail room.

Yes, basic mail handling services are included in our registered office service. We also able to offer telephone answering services.

As with most jurisdictions, it is necessary for a local agent to have copies of: passport and address proof for all directors and shareholders.

If a shareholder is corporate then a certificate of incorporation and possibly CoGS (Certificate of Good Standing) is required.

Yes! We can assist you with this.

Our Advanced Plan will identify the best e-wallet for your Singapore company.

If you would like a traditional bank account, then a personal visit to Singapore will be required.  The process is not automatic if the applicant does not have a bricks-and-mortar business in Singapore.

Business banking for Singapore companies is best achieved by opening an e-wallet/digital. Please see our Consultancy Plans.

There are some banks outside Singapore in which an account can be opened remotely, but please be aware of minimum deposits and balances.

Yes!

For advice on bookeeeping and accounting, please see our Advanced Plan.

Audit. The costs of an Audit, if required, will depend on the number of transactions and the quality of the accounts provided. We will  obtain a quote from a qualified auditor for audit fees.

England

Limited Company (Ltd)

Need Help?

You probably have questions before going ahead with the formation - we are here to assist!

Benefits of a Limited company

  • The UK is a well known and respectable jurisdiction.
  • It is a Common Law jurisdiction which is beneficial in matters of contract law, equity and trust law, property law.
  • The maximum tax rate on profits is currently 19%.
  • Company incorporation takes around two days, obtaining a tax number can take a few more days.
  • Salaries & other remuneration paid to non-resident directors and staff are not subject to income tax deduction or withholding tax (WHT).
  • There are no WHTs on dividends paid by a UK company to any shareholder.

Requirements

  • UK companies must prepare and file un-audited accounts annually.
  • Companies with an annual turnover of more than £10.2 million and assets worth more than £5.1 million are subject to audit.
  • VAT registration is required for companies with turnover above £85k in the UK – export turnover is not counted.

Our opinion - Reasons to incorporate a Limited company in England

A UK limited company is one of the world's best known corporate structures and is widely respected. UK company is not expensive to administer and is not onerous in terms of government t requirements. For this reason they are particularly suited for start-ups. A UK company is also suitable for consultancy and advisory services, this includes coaching and mentoring services.

England

Limited Liability Partnership (LLP)

Need Help?

You probably have questions before going ahead with the formation - we are here to assist!

Benefits of an LLP

  • The UK is a Common Law jurisdiction, a well-known and respectable jurisdiction, beneficial in contract law, equity and trust law, and property law.
  • LLPs are not taxed on their profits. Instead, the partners are taxed on their individual drawings. This can mean for non-UK-resident partners a zero tax bill.
  • LLP formation is fast – just a few days.
  • LLPs are tax transparent, meaning they are not liable to any form of corporate tax. It is the individual partners that take responsibility.

Requirements

  • LLPs must prepare and file (un-audited) accounts annually.
  • Partnerships with an annual turnover of more than £10.2 million and assets worth more than £5.1 million are subject to audit.
  • As with UK Ltd companies abridged accounts may be filed for small Partnerships.
  • VAT registration is required for Partnerships with turnover above £85k in the UK – export turnover is not counted.

Our opinion - Reasons to incorporate an LLP

Two or more people working together in business will generally be in a partnership if they haven't incorporated. The downside of this structure is that the partners are liable for all debts of the business. An LLP (Limited Liability Partnership) provides a solution to the problem of personal liability and allows for conducting business with limited liability but partnership tax advantages. LLPs are not taxed instead individual partners are responsible for their own drawings. For non-UK residents this can mean a zero tax bill.

Frequently Asked Questions About Partnership Companies

A Ltd company is legally separate from its owners and has a separate legal identity. It is also taxed in its own right separately from its owners (shareholders). Therefore, dividends are paid out of taxed income.

An LLP, as the name suggests, is a partnership which has the advantage of limited liability for its partners/members. LLPs are NOT taxed as an entity but uses what is commonly known as ‘pass-through-taxation’. In other words, it is the partners that are liable for their own tax on their drawings from the Partnership.

Our initial incorporation fee cover the company for the first 12 months.  After 12 months annual fees become payable for the life of the company.

Our annual renewal fee includes:

  • government fees
  • registered office/mailing address.

To maintain privacy we also offer a director service address. This will be the address shown on public record.

What other optional fees are there to pay?

  • Telephone answering service, see Registered Office tab below.
  • Book-keeping, accounting and audit as required.

Yes, we do offer registered office address as part of our company formation and renewal service.

Basic (low user) mail handling is included in our registered office service. This this for up to 5 items of business mail per month – your mail will be scanned and email to you.

If you are expecting more than 5 items of mail per month, please ask us for a quote.

Other services

We are able to offer London telephone number with answering service. The number can also be set up with Zoiper (mobile app) from which you can dial internationally (fees apply).

Yes. This is included as part of our incorporation service.

We need:

  • copy passport and
  • proof of  address for all directors and shareholders*.

*If a shareholder or director is corporate then a certificate of incorporation and possibly CoGS (Certificate of Good Standing) is required.

Yes! We can assist you with this.

Our Advanced Plan will identify the best e-wallet for your UK company.

Yes!

For advice on bookeeeping and accounting, please see our Advanced Plan.

Ireland

Limited Company

Cyprus

Limited Company

Offshore IBCs & LLCs

It is becoming progressively more difficult to use Classic IBCs for ‘open trading’ e.g. selling goods online, obtaining merchant accounts etc.  We recommend using IBCs (International Business Companies) and LLCs (Limited Liability Company) for asset holding, including intellectual property or offshore consultancy services.

Seychelles

Limited Company

Need Help?

You probably have questions before going ahead with the formation - we are here to assist.

Benefits

  • A Seychelles IBC is ideal use as a holding company. It can also be used for offshore consultancy business or companies wishing to hold intellectual property.

  • There is no public disclosure of information as the Seychelles registry.

  • International Business Companies are not subject to taxation within the Seychelles.

  • Company formation can be completed quickly, usually within a couple of days, once local KYC requirements have been met.

Requirements

  • A minimum of one director and one shareholder are required. Directors, Officers and shareholders may be natural persons or a body corporate, may be of any nationality and need not reside in the Seychelles. 
  • A company secretary may be appointed if desired but is not mandatory.
Frequently Asked Questions About Seychelles company formation

A Seychelles company must be renewed annual.

  • Annual service fee
  • Registered office
  • Registered Agent fee
  • Government fee

Our Seychelles company renewal fee includes all of the above. 

We need:

  • copy passport and
  • proof of  address for all directors and shareholders*.

*If a shareholder or director is corporate then a certificate of incorporation and possibly CoGS (Certificate of Good Standing) is required.

Yes! We can assist you with this.

Our Advanced Plan will identify the best e-wallet for your Seychelles company. 

Whilst you do not need to submit your Seychelles company accounts, you still need to keep the accounting records.

UAE - RAK

  • RAK International Company - RAK IC
  • RAK Free Zone Company - RAK FZ 

RAK IC (International Company)

Need Help?

You probably have questions before going ahead with the formation - we are here to assist.

Benefits

  • A RAK IC can be 100% foreign owned & controlled. A personal visit is not required to open a RAK IC.
  • Ras Al Khaimah International Company, or RAK IC Company* is ideal for businesses wishing to be registered in the UAE but not intending to conduct any business within the Emirates.
  • There is no public disclosure of information.

Requirements

  • A RAK IC must maintain a registered office and a registered agent within Ras Al Khaimah. A Company Secretary is also required – this can be a corporate entity or a person of any nationality.
RAK Free Zone (FZ) company

Need Help?

Contact us for more information about RAK FZ company formation.

Benefits

  • A RAK IC can be 100% foreign owned & controlled.

  • With a free zone company you can have work permit for one or more persons.

  • RAK FZ can open a local bank account.

Requirements

  • A license is required e.g. consulting, trading etc. Costs vary and will be quoted for by RAK ICC.

  • A physical office/office space is required.

  • After initial approval by the registry a visit to RAK is required to finalise the formation. 
Frequently Asked Questions About RAK IC formation

RAK IC does not pay taxes in UAE.

Accounts should be maintained but there is no requirement for these to be filed or audited.

There is no public disclosure of either director or shareholder information.

In order to incorporate a RAK IC company, the Registry requires all directors & shareholders to submit:

Passport copy, bank reference, proof of residential address, a short CV/résumé along with the original signed formation application.

Yes! We can assist you with this.

Our Advanced Plan will identify the best e-wallet for your Seychelles company. 

Yes! A RAK IC must maintain a registered office and a registered agent within Ras Al Khaimah. 

Our renewal fee for RAK IC includes all of the above.

St Vincent

LLC

Need Help?

You probably have questions before going ahead with the formation - we are here to assist.

Benefits

  • St Vincent LLC formation can be formed within a few days.
  • Member & Manager are not on the public record.
  • St Vincent LLCs are tax exempt for 20 years from formation date.

Other facts:

The old IBC regime has been abolished and Limited companies will be taxed as local companies in the future.

Requirements

  • Accounts must be maintained although LLC is tax exempt for 20 years.
  • A minimum of one member and one manager is required, and may be natural persons or corporate. To maintain tax exemption they should not reside in St. Vincent and the Grenadines.

USA

Wyoming LLC, Delaware LLC, New Mexico LLC

Wyoming LLC (Limited Liability Company)

Need Help?

You probably have questions before going ahead with the formation - we are here to assist.

Benefits

  • Wyoming LLC is tax efficient when
    used by non US resident principals and where the LLC does not trade in the USA.
  • Wyoming LLC’s may be formed quickly and without bureaucracy.
  • No public disclosure of members and managers.

Requirements

  • An LLC requires to submit a single IRS Form 1065 or 5472 (Information Return), this does not result in taxation provided the owners are not US resident. You will, however, need to have a Profit Loss account in order to complete the form.
Frequently Asked Questions About Wyoming Companies

The members of a Wyoming LLC are the owners. A single member LLC is permitted but we do not recommend this.
The manager (if required) of a Wyoming LLC fulfils the same function as a director but the LLC can easily be managed by its members. Again, a single manager is permitted.

There is no equivalent position to a Company Secretary, the registered agent is the legal point of contact in the US but is not an officer of the company. However, the title “Company Secretary” may be created in the Members Agreement, if desired.

A Wyoming LLC that conducts no business in the USA is generally not subject to US taxes (and neither are non-resident owners). In such cases, there are only nominal annual costs payable.

  • Registered office
  • RA fee
  • Government fee

EIN stands for Employer Identification Number – effectively a US tax number which you will need for opening a US bank account.

Yes, our company formation fees includes application for an EIN.

We need:

  • copy passport and
  • proof of  address for all directors and shareholders*.

*If a shareholder or director is corporate then a certificate of incorporation and possibly CoGS (Certificate of Good Standing) is required.

Yes! We can assist you with this.

Our Advanced Plan will identify the best e-wallet for your LLC.

A Wyoming LLC can in theory open a bank account almost anywhere in the world, however, in practice many banks are cautions about taking on American entities. 
 
We can introduce clients US banking facilities or e-wallet without a personal visit.

We do not offer submission of these forms.

An LLC requires to submit a single IRS Form 1065 or 5472 (Information Return), this does not result in taxation provided the owners are not US resident.

You will, however, need to have a Profit Loss account in order to complete the form.

 

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