OFFSHORE COMPANIES

The reasons for using a tax haven offshore company will vary with each individual case. In the past 30 years of our professional practice, we find that clients use offshore tax havens for the following purposes:
  • Protect identities
    Clients often use offshore companies so as to protect identities when acquiring shares or other assets where commercial secrecy or personal confidentiality needs to be safeguarded.
  • To hold overseas assets
    Offshore companies are often used by individuals who hold overseas assets (including landed properties) so as to avoid overseas probate and estate duties.
As offshore companies can be re-domiciled, the choice of a jurisdiction will often be determined by factors such as:
  • Political and economical stability
  • Exchange control
  • Tax treaties
  • Simple, modern and flexible incorporation procedures
  • Guarantees against future taxes, e.g. The Cayman Islands offers attractive guarantees to both exempt trusts and exempt companies for 20 to 30 years from the date of incorporation
  • Secrecy and confidentiality

British Virgin Islands (BVI)) Co

Through our associated licensed trust company in the British Virgin Islands, we are a market leader in Singapore in the incorporation of companies in the British Virgin Islands and all its post-incorporation professional services at a price which we believe is the lowest in Singapore. We have a substantial stock of companies that are immediately available for purchase, we can incorporate a company with your choice of name and can also confirm the availability of names in advance.

Our services include the following:

  • Incorporation of a new BVI company or purchase a ready-made BVI company.
  • Corporate seal, certificate of incorporation, subscriber’s resolution, share certificates and 4 sets of Memorandum & Article of Association.
  • Filing of Economic Substance Reports
  • Filing of Annual Returns
  • Filing of Register of Directors
  • Filing of Register of Members and Register of Beneficial Ownership (new requirements with effective from 2nd January 2025
For no additional charge, we provide a reminder service to all our clients before the second and each subsequent year of ownership of the BVI company so that the annual recurring fee is paid on time.

Other Popular Offshore Companies

In addition to BVI companies, there are now over forty offshore jurisdictions. The following represent some of the most popular tax havens:
  • Delaware, USA
  • Hong Kong
  • Panama
  • United Kingdom