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⍰ ASK Can we setup an offshore company anywhere in the world?

Yes, you can set up an offshore company anywhere in the world. However, not all countries allow for the formation of offshore companies, and some countries have restrictions on the types of activities that an offshore company can engage in.

The most popular jurisdictions for offshore company formation include the British Virgin Islands, Cayman Islands, Seychelles, Bermuda, Panama, and Hong Kong. These jurisdictions are known for their favorable tax regimes, privacy laws, and ease of company formation.

When choosing a jurisdiction for offshore company formation, it's important to consider the legal and regulatory environment, the level of confidentiality and privacy offered, access to banking and financial services, and the cost involved. Additionally, it's advisable to seek the help of a reputable professional service provider to guide you through the formation process.
 

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