Setting Up and Maintaining Your Business Offshore
Having the right operational setup is vital to scale your business. Each overseas jurisdiction has a different set of requirements for offshoring. It is therefore important to closely consider the different structures and select the right location that suits your business. The British Virgin Islands (BVI) and the Cayman Islands (Cayman) are among the two most popular options for companies to setup their offshore entities. Both BVI and Cayman have a very quick incorporation process, double taxation treaties with multiple countries, advanced confidentiality, and flexible company structuring.
Services Like No Other
Tricor has a variety of services that offer you a smooth and hassle-free offshore setup. We will undertake all the formalities of incorporation, maintenance and management of your offshore companies, as well as provide services related to bank account management, directorship, nominee shareholder, and trustee services.
In addition, our team can assist you with principal share registrar & registered office/agent services in BVI and Cayman, and branch share registrar & corporate secretarial services in Hong Kong for offshore companies listed on the HKEX.
In cases where firms are keen to expedite the process, the shelf company service and name reservations offered can help speed up the establishment of offshore entities. We provide licensed trustee services to traditional discretionary trusts and VISTA trusts. Tricor also provides trust administration and compliance services to family trusts using private trustee companies (PTC) incorporated offshore.
Values that We Can Bring to You
Provide 24-hour support with our local BVI and Cayman team, together with a Hong Kong team dedicated to and well-versed in offshore operations
Tap into our deep understanding of offshore business and regulatory environment, saving you time and effort from studying and updating various regulations, guidelines and procedures
Cover a full range of business and corporate services beyond entity formation, from compliance, accounting and financial reporting, to company secretarial and corporate governance
Your Trusted Partner for
Tricor is well positioned in the BVI and Cayman to unlock the potential of your business, and help your company stay one step ahead of today’s diverse and fast evolving regulatory environment. Tricor’s experienced professionals across multiple jurisdictions can assist you in sourcing the suitable type of entity and establishing the appropriate structure for your offshore entity. In addition, our team can help you on a variety of corporate services including but not limited to the conduct of corporate actions involving the transfer and removal of shares between the principal and branch registers.
BVI Companies - Registry Fee Increases w.e.f. 1 July 2021
The BVI Financial Services commission has recently announced that the BVI BUSINESS COMPANIES (AMENDMENT OF SCHEDULE 1) ORDER, 2021 and FINANCIAL SERVICES (LIMITED PARTNERSHIP FEES) (AMENDMENT) REGULATIONS, 2021, will become effective on 1 July 2021.
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