Winema Gaven Bowman Offshore Bank Transfers | Page 2

When looking at jurisdictions, you should also consider the other laws that govern the country. There are
some countries that have stricter regulations for certain types of businesses and you need to know about
this. You need to stay within the legal framework of the jurisdiction so knowing what this framework is
will be important.
Know the Costs
There are many services that can help you form an offshore company, but not all of them will have their
costs on their website. This is why you need to discuss the costs of using the service early to determine if
the company is within your budget. The costs will typically include setup fees as well as the annual
renewal fees.
Offshore company formation is not something that you should do yourself. However, there is a lot of
research that you should do before you contact and advisor or choose a jurisdiction.