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⍰ ASK What is the typical cost of setting up an offshore company?

The cost of setting up an offshore company can vary depending on a number of factors, such as the jurisdiction where the company will be incorporated, the type of company being established, and the services required to set up and maintain the company.

In general, the cost of setting up an offshore company can range from a few hundred dollars to several thousand dollars, depending on the services required. For example, the cost of incorporating a basic offshore company in a low-cost jurisdiction may be as low as a few hundred dollars, while the cost of incorporating a more complex company in a more expensive jurisdiction may be several thousand dollars.

In addition to the initial cost of setting up an offshore company, there may also be ongoing costs for maintaining the company, such as annual fees, reporting requirements, and compliance costs. These ongoing costs can vary depending on the jurisdiction where the company is incorporated and the type of company being maintained.
 

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