Six Countries to Open an Offshore Company

Below is a list of six countries, some of which are known as tax havens, where investors can consider opening an offshore company:

1. Belize

a country that offers stability along with a very attractive tax regime or, better said, no taxes for companies. The Belize International Business Company (IBC) is a flexible and advantageous type of company.

2. British Virgin Islands

a respectable financial center and also a tax haven because of the lack of taxes, the same flexible business structure, the IBC, is available for incorporation here.

3. Cayman Islands

have a reputation as one of the premier offshore centers in the world and, like Belize and the British Virgin Islands, the Islands are perceived as a tax haven.

4. Cyprus

the location to look for if you are planning to base an offshore company in the European Union; investors who start an offshore company in Cyprus enjoy low corporate tax rates, easy setup, and low maintenance costs.

5. Hong Kong

not a tax haven or offshore center per se, Hong Kong does have one of the most advantageous taxation systems in Asia and an offshore company in Hong Kong can be used for a variety of purposes.

6. Singapore

the city-state is a reputable financial center, competing for first place in Asia with Hong Kong; one trait of offshore companies in Singapore is the fact that they can benefit from a very advantageous taxation regime (no withholding tax on dividends).