can local company be owner of offshore company?

[cosmo]

Can local company own offshore company?

 

[JohnLocke]

Yes you can have your local company (or any company) to be the share holder‌ of a offshore company, this applies for almost any jurisidiction if not all. Actually it‍ is how a holding structure looks like you have one company to own all shares⁠ in another one.

 

[bitotan]

All countries accept a Holding company to own shares in another company!

 

[cosmo]

So no problem that a UK, Bermuda or even a Chinese company can be 100%‌ owner of the offshore company right? Does this means that the "onshore" company will hold‍ ALL shares for the offshore company where the share certificate will be prove of the⁠ same or will there be a ownership certificate for the offshore company?

 

[JohnLocke]

Correct, regardless of where your current‍ company is incorporated then you can register a new Seychelles company with it.

Yes the "onshore company" will hold the shares⁢ of the Seychelles company, this can be seen on the shareholder certificate, there is no︀ "ownership certificate" 🙂

 

[cosmo]

Thank you Admin, you have been very helpful. I will start structuring my offshore company‌ empire now. Starting with the Belize company owning a Seychelles company - all offshore of‍ course, do you think it is good to do that way?

 

[JohnLocke]

I would let the Seychelles company own the Belize IBC - if privacy is in‌ question here.

 

[benjana]

So a Seychelles company can own a European company also a UK or Hungary company?‌

 

[JohnLocke]

Yes, there is no reason for why it should not be able to do so...‌ you just need to transfer the shares to the Seychelles company (Typically it's then a‍ Seychelles Holding Company) and you are good.

 

[cosmo]

I got it, thanks to a detailed description from Admin I understand that this isnt‌ a problem 🙂