What is the best offshore company formation location?

One of the best offshore company formation decisions for importers and exporters is to form an offshore company in a location near to the country where you wish to trade. For example, if you are buying goods from China it would be best to set up the formation of your offshore company in a location like Hong Kong where taxation is not liable if you do not trade in Hong Kong itself. Your Hong Kong company can purchase goods easily from China through an offshore bank account located in Hong Kong. Physically the goods may not need to be located and delivered to Hong Kong but your offshore company will be best able to invoice your clients directly wherever they are located.

Delaware is often chosen as the best location for offshore company formations for Internet businesses probably because of the low cost and maintenance of a Delaware company. However, a Delaware company can only have preferential tax status like an offshore company if it is formed as a non-resident USA company and therefore should not trade in America itself. As the USA is the largest location in the world for Internet business or e-commerce, a Delaware company cannot be used tax efficiently to be the owner of an international website.

The best offshore company location is one which suits your requirements,can be set up at a reasonable price and is in a location near to where you live. If you remember the saying, location, location, location, this is not only applicable to the real estate business but also an important factor to consider when you are choosing the best location for your of offshore company.

Keylink Consultancy LLC have many clients that have used our offshore company formation services where we have advised them on the best location for their Internet or web business by hosting a web site offshore to save on tax. If our clients are from Europe we normally recommend Gibraltar as a location for company formation as it has excellent communications and the Gibraltar company formation costs are up to 1/3 less than a company formed in Jersey or Guernsey, for example.

 

Therefore its may be wise to set up the formation of your offshore company in a location where there is a small population and where you do not intend to trade. This is why many people chose company formation service providers in locations such as Gibraltar.

If your Internet business is going to grow and you wish to be credible then choosing a location in the Faroe Islands, Anguilla or Samoa  does not add greater credibility to your business standing. Forming an offshore company located in an offshore centre such as Malta or Gibraltar where there are already many world-class e-commerce businesses could be one of your best company formation decisions.

We recommend that Gibraltar is the best offshore company formation location for your business.

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Find out about our special rates for forming a Gibraltar Company

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