Offshore Company in Hong Kong, Belize, Seychelles, Panama or BVI - Read Here!
- Thread starter JohnLocke
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Well, next time you need a company in some other offshore jurisdiction you know where to find your agent 😉
Hello, New member here ( and a newbie in offshore companies in general). I run an online drop-shipping business from Sweden right now with a small annual profit, (around 20,000 EUR).
I buy my products from Germany, and send them to Sweden. Almost no running costs but quite many transactions due to the drop-shipping concept where I need to buy one product for each sale.
Would a Seychelles company be possible for me since I have no physical connection to either Germany or Sweden once I decide to move elsewhere?
I think my biggest problem would be the accounting, ( if im not allowed to︀ do this myself), since Ia problaby have around 5000 verifications a year in the company.︁
Do you know any legal problems with doing business from an offshore company within the︂ E.U? VAT-number would ofcourse not be possible, but on the other hand, around
60% of︃ my profits are being payed in taxes etc. And I would save time by not︄ having to contact each supplier each time I want an purschase excluding VAT.
Best Regards︅ Magnus.
I buy my products from Germany, and send them to Sweden. Almost no running costs but quite many transactions due to the drop-shipping concept where I need to buy one product for each sale.
Would a Seychelles company be possible for me since I have no physical connection to either Germany or Sweden once I decide to move elsewhere?
I think my biggest problem would be the accounting, ( if im not allowed to︀ do this myself), since Ia problaby have around 5000 verifications a year in the company.︁
Do you know any legal problems with doing business from an offshore company within the︂ E.U? VAT-number would ofcourse not be possible, but on the other hand, around
60% of︃ my profits are being payed in taxes etc. And I would save time by not︄ having to contact each supplier each time I want an purschase excluding VAT.
Best Regards︅ Magnus.
A Seychelles company don't require any accounting nor filing of tax returns! That said, I think a Seychelles or Belize company would be perfectly fine for your needs. You can move anywhere you want regardless of the activity of the company. Furthermore, Seychelles company has the best privacy and anonymity.
Witch countries are most beneficial to live in when running an Seychelles company? From an economical view. Ive read Monaco and Phillipines.
Does anyone know more countries? I would not mind to pay a low tax rate either, if I like the place. Perhaps someone is running a Seychelles company right now
that could share some info on how the process works. Like the Phillipines for example..dont you have to get married before you can take part of any benefits in that country?
Does anyone know more countries? I would not mind to pay a low tax rate either, if I like the place. Perhaps someone is running a Seychelles company right now
that could share some info on how the process works. Like the Phillipines for example..dont you have to get married before you can take part of any benefits in that country?
For any additional information, ordering or sales related questions, please submit a ticket to us here contact us hope it helps. 🙂 😉
If you are looking for a great offshore company structure with a high level of privacy you need deep pockets. That said a Panama company holding shares of a Hong kong or Seychelles company will add up an additional layer privacy and makes it more complicated for lenders and creditors to break through your firewall!
Your costs are really incredible I have to say, congratulations on extending your jurisdiction aswell I must say.
Go for a BVI Company, that may do the trick for you. Alternative check with the MAP's available who support HK companies.
If a merchant account or any payment type is important for your business you may first approach the MAP (Merchant account provicer) to ding out what country they accept / support and then find some agent who can do the incorporation for you.
A BVI company and banking in Cyprus for instant will work for most businesses who actually want to incorporate in Europe! That said, it will depend on what exactly your looking for and what goals you try to archive. For some above may be the solution while for others a different setup may be better.
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