Is it expensive to create an offshore company?

Not long ago it could be quite expensive to create an offshore company. And rather complicated too. But this changed a lot with the arrival of the Internet. Today it is easy to find a lawyer or any other consultants that are willing to assist you in creating your offshore company. However, find a good one can be a completely different issue.

Only creating an offshore company is in many offshore jurisdictions not very expensive and you can easily create a company for less than 1500 USD or 1200 Euros in several jurisdictions. The problem is that this amount only covers the creation of the company without any services included. Often it is not sufficient to only create the company, you will also need someone to take care of certain paper work, a nominee shareholder, a nominee board member and maybe the offshore company should be owned by a trust or an offshore foundation etc and of course none of these services are for free.

As always when considering an offshore solution it is vital to analyze your own situation and your purpose with going offshore. Only when you have done this analysis you can estimate the total cost creating an offshore solution that fit your specific needs.

But in order to answer the question in the title – no, generally speaking it is not especially expensive to create an offshore company. At least not when comparing the prices with similar ‘onshore’ services in Northern America or Europe.

Other articles that might interest you:

1. Offshore Company – Where to Incorporate?
2. How and where to create an offshore company
3. Some Basic Characteristics of an International Business Company (IBC) in Belize
4. What should an Offshore Company Structure look like?
5. What is an Offshore Company Mill?