Company Formation - Compare Countries for Your
New Corporate Structure
We prefer the use of major
countries that have their own individual laws and certain preferences
when considering the biggest business expense of taxation. While
England, Hong Kong and Scotland are not known as tax havens they do have legal structures that
permit some tax savings, or may even be exempt from the payment of tax by the
entity. There are options in other countries also but
these are usually more expensive, or complicated and are not considered by us
for these reasons.
|
English,
Not
For
Profit
|
Hong Kong,
China
|
Scotland LP
|
Basic cost
(registration, fees, registered office/agent etc.)
|
£199+
|
US$750
|
£98 |
Does the entity
pay tax
|
no
|
on HK profit
|
no
|
Must entity
report to tax authority
|
yes
/ no
|
yes
|
no
|
Must the entity
provide accounting returns
|
yes
|
yes
|
no
|
Confirmation statement, or similar? |
yes
|
yes
|
yes
|
Financial reports
must be audited
|
no /
yes
|
yes
|
no
|
Are
Custodian shareholders allowed
|
yes
|
yes / no
|
yes
|
Fee Schedule
-
Your choice of
jurisdiction should not be made on the basis of cost alone. The first
consideration must always be "what is best for your purposes" i.e. what
will the structure be used for. We can help you choose at no cost.
-
Any additional services
used will always incur additional costs. Be sure that you understand
what these will be.
-
Normally you will need to
add courier delivery charges.
-
You may require
certifications (Notary, Apostille, Secretarial) to satisfy bankers for
example. Be sure that you are aware of the certifications required for
business, the availability of
such and the cost.
|
Offshore Country Selection
Country & Type |
Basic Package in US$ |
Professional Package in US$ |
Belize LLC / IBC |
US$490 + |
US$865 |
Nevis LLC / IBC |
US$555 |
US$1,100 |
Panama Corp |
$645 |
$795 |
Dominica IBC |
$530 |
$1,025 |
Seychelles IBC |
$495 |
$865 |
BVI Corp |
$745 |
$1,200 |
Above information is for general guidance only. For best
quotation please advise your specific requirements.
|