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Offshore Company Formation | Devonhirst

1. Easy global company formations.

Whether you are doing business in Europe, Asia, Africa, the Middle East or the Americas, Devonhirst can set up the best trading or holding structure for your business.

2. Fast and easy remote applications.

We help you choose the best country to incorporate your company and help you achieve this remotely. Easily open your company without leaving your desk or travelling.

3. Attach an offshore account.

Along with your newly formed offshore company, we give you the option of also adding an offshore business bank account which is also a multi-currency account.

4. Choose from 25 jurisdictions.

Some of our most popular jurisdictions include the Isle of Man, British Virgin Islands, United Arab Emirates, Belize, Delaware, Hong Kong, Singapore and Ireland.

Offshore Company Formation | Company Incorporation Services

Offshore companies are entities such as corporations or limited liability companies (LLCs) that are filed outside of one’s country of residence. People who incorporate companies offshore do so, among other things, when interested in asset protection, business expansion and financial privacy. Offshore companies offer much greater financial privacy than domestic entity types. Examples of these include corporations, limited liability companies or international business companies (IBCs). There are many offshore jurisdictions that more favorable laws that the US, Canada or the UK. These jurisdictions compete for international clientele. As a result, their laws favor privacy of ownership, privacy for to officers and directors and non-recognition of foreign judgments.

Offshore Company Formation – your questions answered:

1. What is an offshore company?

First and foremost, it is essential to define the term Offshore. Offshore relates to managing, registering, conducting, or operating in a foreign country, often with financial, legal and tax benefits. An offshore company has a variety of uses and benefits for clients wishing to engage in international financial trade and investment activities. Depending on the specific offshore jurisdiction, an offshore company may have the following features and advantages: Ease of Incorporation, Minimal Fees, No Foreign Exchange Controls, High Confidentiality, Tax Benefits.

2. Do I have to pay taxes on profit or interest earned with my company?

No. Most of the jurisdictions we work with do not impose taxes on profits made or interest earned by offshore company. Some, like Hong Kong or Delaware, only tax profits made within the jurisdiction, whereas Cyprus charges a 10% flat rate tax.

3. Can I choose the name of my company?

Yes, it is even recommended that you do so. On the application form you are asked to input three company names, in order of your preference. We will then check with the Company Registry of the offshore jurisdiction if those names are available for incorporation.

4. How long will it take for me to receive my corporate documents??

Every jurisdiction has its own incorporation timeframe. Once the company has been incorporated, it will generally take about two to six days for the corporate documents to reach you.

5. What countries can I incorporate in?

Some of our most popular jurisdictions include the Isle of Man, British Virgin Islands, United Arab Emirates, Belize, Delaware, Hong Kong, Singapore, Ireland, Cyprus, Cayman Islands, Malaysia, Cook Islands, Panama, St Lucia and Latvia. However Devonhirst can arrange company incorporation in more than 25 jurisdictions.

6. Why are your fees lower than your competitors?

Having our company based in a tax haven like the Isle of Man majorly reduces costs and tax for ourselves and we pass these savings onto our clients.

Get started today and open
an account with Devonhirst

We have years of experience in assisting clients with offshore company formations. In additions to company formations we have built solid relationships with over 250 offshore banks in more than 25 offshore jurisdictions, allowing you to easily setup your business offshore account. Get started today and apply for your Devonhirst account with our easy online application process.

A Devonhirst account gives you access to a huge number of offshore services and investment products.

We have a large team of financial experts specialising in all aspects of offshore financial planning and investment management.

Open an account with us now and gain access to our offshore bank account consultancy, company formation, tax planning and tailor made investment management.

3 easy
steps

Explore a world of financial opportunities!

  • 1 Open your account easily online in under 5 minutes
  • 2 Speak to your dedicated offshore account manager
  • 3 Grow your wealth and protect your assets