What is an offshore company?
An offshore company or corporation is generally recognised to mean a company which is offers nil or low corporate taxes.

How long does it take to set up an offshore company and bank account?
This is dependant on the jurisdiction, but a company usually takes 3 to 5 days and a bank account 5 to 10 days. The Keylink Group does have a number of existing (ready made) companies available for sale.

What are offshore companies most commonly used for?
Offshore companies are most commonly used to conduct international trade, investment and the holding of assets.. Offshore companies are often involved in buying and selling goods and services, property holding, licensing, franchising, consultancy services and e-business.

Is it expensive to form an offshore company?
Globalisation and competition has made the use of offshore companies affordable to SME's (small and medium enterprises) . The cost of forming an offshore company varies depending on the jurisdiction you choose to incorporate. Incorporation starts at just €250 in the UK

What are the annual running costs?
annual fees, and administration costs vary from jurisdiction to jurisdiction and depend on the range of services you require. For example, you may require web hosting and dedicated telephone answering services.

Do you need a proof of identity to incorporate a new offshore company?
We would need a copy of a Valid Passport, and proof of address and other details compliant to the law in the jurisdiction chosen. This usually includes details about you and your intended business purposes.

What is a Declaration of Trust?
A Declaration of Trust is a written undertaking by a person or company, nominated by you (the nominee) to act on behalf of you as the Beneficial Owner of the company. The Keylink Group is insured to act as nominee and can hold shares on your behalf in the capacity of a trustee and act as Director. The nominee cannot transfer, deal with or dispose of the shares except on the specific written instructions of the beneficial owner. The nominee shareholder further assigns all rights dividends, profits etc. to the beneficial owner as well as agree to exercise his voting power as the owner may direct.