HOW TO SET UP AN OFFSHORE COMPANY IN 10 MINUTES

offshore-companyformations

Before getting our first seed investment the investor requested to setup a company that holds the company shares, unfortunately the law in our Country wasn’t that supportive because we have a foreign investor.

The only solution was to setup an offshore company, here is another obstacle because I really didn’t understand the procedures so I went to lawyers that work with startups and can help with all the procedures to setup an offshore company, but their fees were very high (around 5000$+).

  • We searched around and finally found this site https://www.bizfilings.com/, just follow easy steps and register your company in USA (State: Delaware , Business Type: C Corp).
  • For offshore bank Account we used http://www.bmi.com.sc/, we contacted them via mail and requested some papers (passport, agreements, company registrations…) and Done!
  • The whole process cost is 800$ wohoooooooooo 🙂

Hope this was helpful

Good Luck!!

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