Hi! I'm thinking about starting an offshore company to optimize my business taxes, but I'm not sure which jurisdiction is the best. Which countries are considered the most reliable for offshore businesses in 2024, and how long does it take to register a company?
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Hi! I’ve been running an offshore company in the BVI for a while, and it’s been great. It’s a reliable and well-respected jurisdiction with very low taxes. Registering a company there took about a week, and the reporting requirements are minimal. If you want more details on offshore setups, https://www.offshorecorptalk.com/ is a solid resource with plenty of expert opinions and discussions on choosing the right jurisdiction.
Hey! If you're looking for ease of setup and low costs, Belize or Seychelles are great options. They’re simple, inexpensive, and offer fast registration — usually within a few days. If you want a more established jurisdiction with better banking options, I’d suggest looking at the UAE or Hong Kong, though it’s a bit pricier.