3 offshore jurisdictions beginners should know
Three offshore jurisdictions for beginners: a US LLC, Hong Kong and Cyprus. If structured correctly, these can help founders access global banking, reduce taxes and build internationally; each works for different business models.
Transcript excerpt
Here are the top three business jurisdictions for offshore beginners. Pick number one, the US LLC. If the US LLC is structured correctly, you can have 0% corporation tax while still being in a respected jurisdiction with amazing banking access. Additionally, the US LLC doesn't have any accounting obligations, which means that you can focus on scaling your business rather than bureaucratic tasks. The second best option is Hong Kong. For clients with a similar profile who cannot use the US LLC because they're either dealing with physical goods or in financial services, Hong Kong offers similar tax advantages just with low maintenance. Pick number three is Cyprus. If you're just starting out and you feel like leaving the EU is hard, then Cyprus might be the right option for you. Cyprus offers pretty low corporation tax and gives you a personal tax residency with the company if structured correctly for a very cheap price.
More videos
- Most people buy an LLC online without realizing it can hurt them laterA mass-market LLC address can make a legitimate company look disposable. This video explains how addresses, substance and company records affect banking credibility from the first compliance review.Watch
- How to Open a US Bank Account as a Non-Resident in 2026Want US banking without living in the US? There are four different routes for non-residents — from USD payment rails and US investments to business banking and personal accounts. Learn which setup fits your actual need and what banks look for before approving you.Watch
- Fastest Bank Accounts by Country (Tier List)A tier list of how fast a bank account can be opened in Georgia, the USA, Switzerland, the UK, Panama and the UAE, and why the quickest account is not always the right one.Watch
Related guides
Five Business-Friendly Jurisdictions for International Founders, and What Each One Is For
Most lists of business-friendly jurisdictions rank countries. This one takes five from almost every founder's shortlist and asks what each is actually built for.
Offshore Companies Explained
"Offshore" simply means the company is registered in a different country from where its owner lives. The two kinds of offshore company, why people use them, and what no longer works.
US LLC or Hong Kong Company? Which Is Right for Your Online Business
Most e-commerce and online service owners start with a US LLC and later look at Hong Kong as the business grows. Here's why, and which structure fits when.
Tell us what you need.
A few questions, then a recommendation for your situation. No obligation, and the scope is agreed before any work begins.