An offshore company or more commonly known as a tax haven usually refers to a legal entity established in a jurisdiction outside the country where its owners reside, often to benefit from favorable tax laws, privacy protections, and minimal regulatory requirements. These companies are commonly used for international trade, asset protection, and investment purposes. Offshore companies typically offer lesser tax liabilities, greater financial privacy, and flexible business structures.
However, most of the offshore company is requiring a local service provider who are familiar with the company act. The service provider is not merely acting as the role of the company secretary; they are also required to be savvy in the business world in order to relate the business with the company act in different offshore jurisdictions to fulfill compliance at the same time able to meet the business owner's need.
Hereby we have summarized the top 5 offshore company service providers who are familiar with the Malaysia context as well as the Offshore Company Act.
EWO Consulting Sdn Bhd
EWO Consulting is located in the heart of Malaysia, Kuala Lumpur. EWO offers corporate services in various offshore company jurisdictions, including the British Virgin Islands (BVI), Cayman Islands, Seychelles, Belize, Labuan, Hong Kong, Singapore, etc. Other than that, EWO can also assist the company in opening bank accounts in Hong Kong, Singapore, the United States and etc. EWO is more than an offshore company service provider, EWO also acts as an independent advisor to work alongside the client with the best possible solutions, independent of any bank or institution.
Acclime Malaysia
Acclime provides comprehensive business registration services, assisting foreign entrepreneurs and established businesses in setting up and managing companies in Malaysia and other offshore company jurisdictions. Their services include advising on requirements, registering representative offices, and managing compliance.
WeCorporate Global Consultancy Sdn. Bhd.
WeCorporate offers corporate services for offshore companies in Malaysia and those looking to establish an overseas presence. They assist with offshore incorporation in various jurisdictions and provide ongoing compliance support.
BRIS Group
BRIS Group specializes in flexible company formation and registration services in Malaysia. They offer a wide range of offshore company formation, administration, and fiduciary services for both internal and external clients worldwide.
Victoria Global Services
Victoria Global Services provides business support to Labuan companies and entities, helping them benefit from favorable tax rates by ensuring compliance with local laws and regulations. Their services include business advisory, consultation, and training.
These firms are recognized for their expertise in offshore company formation and related services, assisting clients in navigating the complexities of establishing and maintaining offshore entities in Malaysia.
Comments