Offshore Company Formation Services
 

I am updating my IE favorites with any and all offshore company formation services that people here have had experience - positive or negative. Please help out if you can. Thanks.

:helpme

http://www.ocra.com/ for sophisticated (and expensive) setups

What countries are you looking into?

The Netherlands: http://www.kvk.nl/home/homeUK.asp
United Kingdom: http://www.companieshouse.gov.uk/

bump
 

bump :)

I had to setup a UK business in a hurry last week - used http://www.ukincorp.co.uk - they were quick and cheap. No complaints. Have some other setups elsewhere - hit me up on ICQ - I'm no guru but more than happy to share what I've learnt.

so what do you get out of setting up a corporation in other countries?

what kind of idiot would ask this question?

He's not an idiot to ask that question.

There are loads of pitfalls to setting up offshore companies, depending on where you are loacted and where you want the offshore setup located.

In general, it immediately alerts the inland rev and puts up a big red flag above your name.

glad to see there are still so many clueless ppl

if you need a company formation in cyprus let me know
it's not the cheapest solution, but has many advantages.

You do follow negotiations about entering the EU since May 1st 2004 and the political issues there?

Damn I could make a fortune giving advice :)

POSTEDIT : I remember, you ARE greek right? Then you also know a lotta ppl want Cyprus in the EU, thus offshore being gone...

lol you're an idiot, yea OKAY you must be a terrorist for setting up a offshore company.....there are plenty of legitamite uses for a offshore company, example such as: you need a presence in a european bank to pay out european affiliates and make it easier on taxes, etc....they wont protect you as a US corp but you will get protected in case if anything happens to the bank if you're under a IBC in their juridisction, i can name a bunch of reasons, there is no US Law that prevents it's citizens from forming IBC's...do your research before you post..

good to see some ppl actually know stuff bout IBCs :thumbsup

Cyprus is already in EU. You cannot form the old offshore status, but you can form INTL companies which are not black sheeps in world markets, they have low taxation, better privacy than any solution (Milosevic himself was using cyprus companies and nobody ever managed to break the privacy).

Why Cyprus is better than the rest? Because intl companies is the vast majority of the earnings in the island and they protect them like nothing else. If you believe you'll get the same protection from a country you give them just $1-2k/year you are wrong. Anyhow, if your activities are illegal nobody will want your business or cover you regardless the country. I'm reffering strictly to good privacy and taxation.

I know an example of inside trading in stockmarket where the authorities went through 6 different corporations in 6 different countries in order to expose the directors behind it. Not 1 or 2, but 6! Bottom line,play safe :)

This is pure fiction, if you say have 2 million dollar in assets versus 100k the bank and juridisction will want you to continue business there you will be protected, unless you did something highly illegal....

Cyprus isnt in the EU and itll take forver you know that, if youre greek you know the whole enosis problem

Well then they didnt take care of the formation in a correct manner

it's not fiction, the example is real. Inside trading puts you in jail, so you can consider it highly illegal. If you doubt about it contact me and i'll tell you more about the case :-)

thinkx, Cyprus is in EU, companies have a registered EU VAT, it follows all going events in EU and the currency will switch from cyprus pound to euro in something like two years.

all I meant was, if the directors got exposed then they fucked up forming the company, cause there are many legal ways to avoid that.

you are reffering to occupied part. This part had a chance to enter EU as merged in the past, it didn't happen then and I highly doubt it will ever happen.

I was yes, opinions differ on that subject :)

Not really. You can have as directors and shareholders other personal or legal entities to appear, but in reality still you are not covered. That's common.

Insider trading is illegal activity in almost every country that has a stockmarket and when you have IRS or FTC going after you many doors open. Your supposed director unless he is completely moron which I doubt will have you sign a paper mentioning that in case of illegal activity you take fully responsibility. Most possible you already signed that without knowing it. This happens also for the inland taxation. Your offshore shareholder usually gets taxed big time, but since he is acting on your behalf he needs to cover his ass again so he will not pay taxes. I can tell very few from here know that.

Another real example: FTC due to can spam law went after many adult co. One of them (advertises here) is incorporated in Cyprus, unlike the rest that got fined big time, they got just a warning to stop spamming and nothing else. The difference here is that although Cyprus is following EU legislation where there are various spamming regulations, these are idle and it would be extremely hard to start a case. If they were american citizens I don't think they would be covered either, not just in Cyprus, nowhere.

Every option has pros and cons. There's no perfect option that covers everything and everyone.

Some US webmasters want to incorporate offshore so they can process with epocheu or get a eu merchant account, not to escape taxes

Giorgio, what is your email?


And Soul >>>>>> thelo ena nero megalo, parakalo....ke tria arhiria

Hey guys - no need to get carried away. I setup a company in the UK so I could get VISA EU. I'm not in the US but I also have a processing solution in the US with a US company. Both setups are completely legit, both pay company taxes in the US and the in the UK. Where ever I am living at the time I get slugged personal taxes.

I took this as a legitimate post and how about posting some actual suggestions as opposed to slagging. If you don't want to be contructive then go elsewhere.

Good talking to you on ICQ Giorgio_Xo and if you need anything else mate hit me up.

Not true, if you wanna know why hit me up 16 91 547

other then Gibraltar any other good free tax regions to avoid double taxation?