Offshore Company Formation – The client decides in which jurisdiction to set up his/her company. Based on the jurisdiction, the company formed then provides the basis of the client’s strategy with regards to the legalities in its business activities.
Corporate Bank Account – Every corporation needs an account to which payments for products and services can be made.
Merchant Accounts for E-commerce Companies – For corporations that operate an online business or do e-commerce, there is a requirement for an online merchant account for which payment for online purchases may be facilitated and deposited.
More and more entrepreneurs and companies that deal in e-commerce are looking at options such as well-regulated offshore jurisdictions to provide them with a base for their e-commerce activities. E-commerce companies that are based in certain lightly regulated, low direct tax offshore jurisdictions can gain major advantages over their on-shore competitors if they make utmost use of the resources offered to them. Seeing that e-commerce is a flourishing industry, many offshore jurisdictions have adopted favorable regulatory frameworks that are designed to allow e-commerce to develop at its own pace, in addition to its tax benefits, though driven and shaped by the needs and demands of the industry and market.