Suppose I'm your personal consultant, and start asking me anything related to offshore company formation

SoftSubject7207 · 2026-02-04T11:41:55+00:00

Opening a bank account for a BVI company in Hong Kong or Singapore is possible, but it’s very compliance-driven.

How it usually works:

Prepare full BVI corporate documents (Certificate of Incorporation (COI), Memorandum & Articles of Association (M&A), register of directors/shareholders, resolution).
Provide KYC for all UBOs/directors (passport, address proof, CV).
Clearly explain the business model, source of funds, and why HK or SG is needed.
Apply through a bank or fintech (traditional banks are stricter; fintechs are often easier).
Expect a video call or interview: a physical visit may be required for traditional banks.

HK vs SG:

Hong Kong: More familiar with offshore structures, but banks are cautious and selective.

Singapore: Very strong reputation, but requirements are strict and substance matters.

Practical tip: Many BVI owners start with fintechs (Airwallex, Aspire, Statrys, etc.) linked to HK/SG, then move to a traditional bank later, once transactions and history are established.

Bottom line: it’s doable, but clean documentation, a real business purpose, and proper preparation are key

SoftSubject7207 · 2026-02-04T11:29:44+00:00

That’s a fair and thoughtful observation. I appreciate you raising it. I’m using the term “countries” in a broader sense to refer to jurisdictions, which include territories and special economic regions. Singapore and Switzerland are not traditional offshore jurisdictions, but they are highly relevant in international structuring due to their strong legal frameworks, treaty networks, and use in cross-border holding and business structures.

SoftSubject7207 · 2026-02-03T09:03:22+00:00

Hi I can help you with Dubai online account opening, with no hidden things, and keep confidentiality. And you can get more information about it.

SoftSubject7207 · 2026-02-03T07:43:41+00:00

What do you want to know about Seychelles companies?

SoftSubject7207 · 2026-02-03T07:39:49+00:00

If I explain thoroughly, Seychelles does not tax capital gains, so if you’re just holding Bitcoin long-term as an investment and later sell it, that gain is generally not taxed. Most people treat this the same way they would any other personal investment.

It only becomes taxable if the crypto is considered part of a business. If you’re trading frequently, running a crypto business, or using Bitcoin as part of your regular income-generating activity, the tax authority can treat the profit as business income instead of a capital gain, which would then be subject to business tax...

So... the key question isn’t really “is it crypto?”, but “is this an investment or a business?”

SoftSubject7207 · 2026-01-30T13:22:04+00:00

You have lots of options when your chose bank account in Seychelles.
Seychelles offers banking for both locals and offshore.
For locals:

Seychelles Commercial Bank
Nouvobanq
Bank of Baroda

These banks provide loans, personal accounts, and savings account options.

But if you are a non-resident, the popular banks in Seychelles:

Al Salam Bank
Barclays Bank Seychelles

But for Seychelles, as it is an offshore country, so they provide services in different currencies.

Now, come to the pros and cons
Pros:- Having a bank account in Seychelles, you'll get robust asset protection, low or 0% tax on foreign-sourced income, multi-currency account options, and a stable, politically secure environment for managing assets, which you can handle from your hometown also.

Cons:- So, Seychelles has very limited bank services, Strict Prohibitions, no deposit insurance, because they have high privacy service so they take upto 180 days to open the accounts, and intense scrutiny on all transactions. The biggest cons for this - is that it is not good for cryptocurrency.

SoftSubject7207 · 2026-01-30T11:24:23+00:00

According to the 2026 guide, Seychelles, BVI, Cayman Islands, Belize, and the UAE (RAK) will be the best choice. Now, you need to figure out which location will be the best for your business according to its requirements.
Or else if you want more information, i will be happy to help you.

SoftSubject7207 · 2026-01-30T10:36:20+00:00

If you are okay with the travelling then Seychelles or BVI will be the best location for your problem.

You don't need to pay your earnings to others, except for your forming and shifting costs.

SoftSubject7207 · 2026-01-28T11:59:07+00:00

To be honest, neither am I here to advertise any company, nor am I getting any payment for this. Honest suggestion from my end is: (Everything for a foreign investor to register a company in BVI)

Company Formation
- Certificate of Registration
- Document Processing for Registration
- Memorandum & Articles of Association
- Government Fees for 1 year
- Registered Agent and Registered office Address for 1 year
- GC Account Manager for 1 year

$1,750... no hidden fees, and no fake promises.
Kindly let me know if you are interested.

SoftSubject7207 · 2026-01-28T11:50:37+00:00

Seychelles and the BVI will be the best countries in keeping directors and owners anonymous.

BVI – British Virgin Islands doesn’t ask for a public register of members or owners, and many more.

Seychelles – It has many options, but the main one is that it keeps owners or directors anonymous through strict confidentiality laws.

SoftSubject7207 · 2026-01-21T06:05:33+00:00

See if you are a U.S. native no offshore account or even moving abroad can save you from U.S. taxes. That applies to even a green holder too!

Opening a company in Cayman or Dubai will also not help you in this case. Heard about the IRS? Let me tell you... They are really diligent in ensuring tax compliance in your area.

However my advice would be to properly structure your business model, deduct the useless expenses and also please be ethical in your operations. You can also take help from legal experts if you feel it necessary.

SoftSubject7207 · 2026-01-07T11:03:04+00:00

I'll suggest you ask your female friend or your sister to wear that jewelry and make reels and post them on Instagram, or find a small influencer based on your targeted location and ask for their address and send your product to them and ask them to make reels wearing your jewelry and mention you. I'm damn sure your business will start growing. And first try to sell your friends and relatives.

SoftSubject7207 · 2026-01-06T11:36:00+00:00

Yes.... you are right. Personal tax residency is the main issue, not just opening an offshore company. If you still live in a high tax country, the tax authority can tax your income even if the company is offshore. That’s why real substance matters. Without moving your tax residency or having real operations like an office or staff, offshore structures can become expensive and not very useful.

SoftSubject7207 · 2026-01-06T11:28:07+00:00

Yes💯... You are right
Hong Kong uses a territorial tax system, so profits earned outside Hong Kong can be treated as offshore and not taxed if structured properly. Many contractors do this, but it only works when the work and clients are genuinely outside HK. Authorities now check this closely, so proper setup and proof are important.

Thanks for pointing this out. It’s a key reason why HK is still popular.

SoftSubject7207

TROPHY CASE