Offshore Companies are the ideal type of Business structures, they are quick, easy to incorporate, priced affordably and free from all kind of Bureaucracy. Minimizing taxes and increasing confidentiality are not the only benefits of setting up an offshore company. Some of the major advantages are:
At Beirut Practice, we assist individuals, private corporate, expatriates, entrepreneurs, international banks and professional introducers with all aspects of offshore company formation. We offer the opportunity to incorporate offshore Companies in numerous Jurisdictions including, Lebanon, Ras al-Khaimah, Seychelles, Hong Kong, and the British Virgin Islands.
Although Hong Kong does not have any specific law that governs Offshore Company formation, it is a popular jurisdiction, owing to its low tax regime, absence of foreign exchange controls, political and economic stability and ease of setup. Establishing an Offshore Company in Hong Kong is a perfect vehicle for conducting offshore banking, international trade and investment activities.
The RAK Investment Authority (RAKIA) launched the International Business Company (IBC) concept in January 2007. These IBC’s are regulated by the International Business Company Regulation 2006 – RAK investment Authority.
At Beirut Practice, we are official registered agents of RAK OFFSHORE; therefore we offer our clients the opportunity to establish an Offshore in an ideal location for international business operations and asset protection schemes.
RAK OFFSHORE (IBC) FORMATION
Additional documents may be requested by the Registrar during the registration process.
As most other classic offshore companies, Seychelles IBC is a tax-free corporation designed for engagement into all forms of international business, with no reporting and minimum record-keeping requirements, and comprehensive confidentiality features.