Frequently Asked Questions
Find all frequently asked questions about all of our services in one place.
What's the process for the company formation?
Upon ordering the services, we will offer advice and recommendations based on your business objectives, ensuring that you’ve picked the most suitable jurisdiction for your needs. After processing your payment, we will forward your documents to our trusted partners for review and submit your application to the government for approval. Once approved, your company will be officially registered.
Should you register a foreign company?
Deciding whether to register a business entity abroad depends on multiple factors:
- Your Location: Typically, if you operate your business from your country of residence you may not need to register in another location.
- Taxes: If your business is incorporated in a jurisdiction with high taxes or strict regulations, you might need to consider ways to reduce your tax burden, which can be achieved by incorporating abroad.
- Business Operations: For businesses catering to international customers and generating most of their revenue outside their residence country, it may be beneficial to incorporate in a country where the majority of customers are located. For example, a business with a majority of US customers could increase sales by incorporating a US LLC, gaining access to US-based payment methods, and thereby scaling their operations exponentially.
- Wealth Management: Utilizing foreign entities can also be an effective wealth management strategy, which could include opening a holding company or an asset protection entity.
What consists of a reliable jurisdiction?
Choosing the right offshore country to establish your company in important and should meet at least the following characteristics:
- Low-Tax Jurisdiction: Prioritize jurisdictions with favorable tax regimes.
- Solid Banking System – Banks should maintain robust liquidity and adequate capital reserves, minimal debt and a reliable infrastructure to ensure financial stability.
- Privacy Laws: Opt for a country with strict confidentiality laws to protect your identity, assets and personal information from public exposure.
- Reputation: The jurisdiction must maintain a good reputation and is not listed as a “black” or “grey” by regulatory bodies like OECD or FATFA.
- Stable Government: It’s absolutely important that the government of the country you incorporate in is both politically and economically stable. Avoid countries with a history of financial instability or crises, similar to Greece’s situation in 2008.
What type of individuals incorporate Offshore?
Investors looking to capitalize on opportunities, digital nomads living international lifestyles, startups and entrepreneurs aiming to maximize profits and minimize taxes, and companies seeking to form subsidiaries in other countries are among the many who can benefit from offshore incorporation.
What's the process for setting up an Asset Protection Structure?
- Initial Consultation: Reach out to us with all relevant information about your current situation.
- Custom Plan: We will provide a detailed asset protection plan tailored to your needs, including quotations and pricing.
- Documentation: After payment, we’ll collect all necessary due diligence documents and send them to our local partners to start the process.
- Completion: The process duration depends on the complexity of the structure, but upon completion, we’ll send all relevant documents via email and courier.
- Ongoing Support: Our consultants will provide continuous support and recommendations to ensure compliance with all relevant authorities.
What type of assets can be protected?
We can help protect a wide range of assets including real estate, bank accounts, investments, intellectual property and more.
What are the costs associated with setting up a strategic wealth structure?
The costs can vary depending on the complexity and purpose of your structure and the jurisdictions involved. We will provide a detailed quote after assessing your needs.
Can I modify my asset protection structure in the future?
Yes, the structures can be adjusted to accommodate changes in your financial situation or objectives.
Are there any annual maintenance fees?
Yes, there are annual fees and filings that are often required to ensure compliance of your structure. Our team will make sure you notifications and cover all necessary maintenance of your structure.
What is the difference between asset protection and tax structures?
Asset protection structures focus on safeguarding assets from creditors, legal claims and judgements, while tax efficiency structures aim to minimize tax liabilities and promote business scalability and operations expansion.
Where does communication take place?
We provide support and consultations during all business hours through multiple channels:
- Discord