Actually my business is offshore staffing in the Philippines. My sales company is in Australia but we're looking to move it to Dubai so sales invoices are paid to my UAE entity and we relocate ourselves to Dubai also.
If you're looking for a transparent and easy service to work with, I can...
If you reside there for the year (with family if you have one), you can show your actual residency has moved and satisfy tax residency rules in most jurisdictions. I am not sure about US Citizens though.... probably not?
If you are employed back home and simply working from overseas, then that...
Yes, they do need a resident nominee director, so there's an extra cost.
There is an offshore status for SG companies from what I have seen. I just searched a few links to read more about it:
https://www.paulhypepage.com/offshore-company-incorporation/...
With Singapore, I believe you need to satisfy certain criteria to make sure your business qualifies as offshore, other than simply selling a service offshore and not in Singapore itself. Additional factors such as revenue not being remitted to Singapore, Directors being outside of Singapore...
Just a follow up... I asked my Airwallex account manager and she says you can keep any amount of funds in the account without a time restriction. So I am not sure what that term is now relating to...
So we run a business in Australia, and have one client who is going to need us to hire some resources in the US, on contract, for perhaps 2-3 years. Our client is also Australia based and we will be invoicing them in Australia, in AUD, with some buffer for currency movement.
As it gets messy...
Wealthsafe would probably be my pick, just because the bloke who runs it puts out a lot of content and is "out there". i.e. not a faceless company. They will also work with your current accountants for implementation.
For people putting a HK company together which operates as offshore, and banks elsewhere, I doubt you will see much change. Even with the CCP having more power in the legal/judicial system. I could be wrong, over time, but it will probably be in their interest to keep a lot of what is in...
Registered in HK, large development/finance/sales office in Shanghai and Melbourne. I believe they have other smaller offices in various locations too. Development HQ comes out of Melbourne. A lot of ex-ANZ guys have gone in there.
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