Deciding which method to use for offshore registration can be difficult and maybe a bit confusing. Would it be better for you to use an online service to set up your offshore business, or should you hire a lawyer? Truthfully, one way is just as good as the other, so it really comes down to what your needs are and what you can afford. Lawyers provide excellent service and are wonderful sources of information, but their fees can be expensive. Websites are a quick and easy, but they do not allow for in person communication.
Hiring a lawyer for offshore registration is a great way to get started, but it can be difficult to find a lawyer who deals in such matters. It can get even more complicated if, once you locate a lawyer who could help, they are not currently accepting new clients because their caseload is already too heavy for their staff. This would result in a wasted search, which was time you could have been devoting to starting your company. However, an online search for registration websites could also fail to yield any that interest you. The search for a website would take much less time, though, so that might be the way to go.
It can be tough to find background information about the offshore registration website you want to use, but it probably would not be difficult at all to get references for the lawyer you have in mind. It is always crucial to check references before you use any service to ensure that you do not get swindled. In this case, since information about the lawyer’s policies and track record would be easier to come by, it might be a wise decision to hire the lawyer with the best history. Websites are generally pretty reliable, too, but you will rest easier knowing you made the careful choice.
Finally, you should consider the length of time involved in completing offshore registration. Hiring a lawyer will take much longer because they have other clients to tend to. Websites have a much faster turnaround time, even if you have to wait for them to send you forms to sign and return. If you have all your information together when you start the registration process, it should take less than two weeks. Law offices may also just not have the time to devote to researching company names as thoroughly as you need them to, and this could really slow down your progress in starting a company.