Guide to Offshore Company Incorporation

To incorporate a company away from its jurisdiction, multiple requirements need to be fulfilled. It is similar for any company that wishes to be incorporated as an offshore company in Singapore. 

Merits of Forming an Offshore Incorporation

Other than tax being the main reason to start an offshore company for many companies, there are many other benefits to look into. Here is an overview of the advantage of setting up an offshore company in Singapore. The benefits will vary according to country.  

Deciding Where to Incorporate Your Offshore Company

The jurisdiction of your offshore company can be dependent on the business type, banking requirements, relocation options. 

You can look into the primary motivation of setting up an offshore company which will help you in the decision-making process. The motivation can focus on factors such as: 

Guide to Forming an Incorporation

Often, it is easier to incorporate an offshore company as there are lesser requirements to fulfill. Additionally, with the developed travel and ease of communication, it eases the process of incorporation in other countries.  

It is essential to know what company type you want to venture into. Subsequently, you will need to conduct research on the different jurisdictions and choose the most appropriate one for your company.  

For instance, in terms of taxes, regulations, and profit, you must ensure you follow the guidelines below to successfully incorporate your company: