Low cost IBC and Bank Acc - Privacy not so important

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offshorebob

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Nov 26, 2017
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Hi guys,

Hoping for some advice on my situation, I know similar questions have been asked before, but everyone's situation is slightly different.

I currently own a wholesale distribution company in Australia and we are looking at setting up an offshore trading company to purchase goods overseas on our behalf.

I am not too worried about the privacy side of things, but do need a full-service bank account to do some high value transactions to/from Asia and Australia.

I see a lot of people in this forum opting for a Seychelles IBC with a Cyprus bank account, but is this the best solution for my use? I would prefer to have a company/bank account based in Asia, but I understand these are pretty hard to come by these days.

Also what is the benefit of Belize vs Seychelles as these are the two I see most people using.

And finally any recommendations for agents to setup and manage the paperwork for your suggested options.

Appreciate any help on this, Cheers.
 
Welcome aboard 🙂

It would require personal visit and typically high min. deposits to do so.
Seychelles was the easiest to setup with most⁣ privacy now you may option for St. Kitts or Belize which so far still protect⁢ your privacy.
 
Seychelles are most often mentioned because they are the cheapest set up. At the second‌ place is Belize.
 
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