The cheapest countries for offshore company setup are in high demand among entrepreneurs, investors, and global business owners. However, not all jurisdictions are equal—some are cost-prohibitive, while others offer streamlined incorporation at a fraction of the price. Fortunately, a number of countries provide full-fledged offshore benefits without the high costs often associated with offshore structures.

In this guide, we explore the cheapest countries to register an offshore company in 2025. These jurisdictions offer low setup and annual renewal fees, minimal bureaucracy, and legally favorable environments for international business. Whether you’re a digital nomad, a startup founder, or a private investor, these countries combine affordability with legitimate offshore advantages.

1. Seychelles

Company Type: International Business Company (IBC)
Registration Fee: $595
Annual Renewal: $590

Seychelles continues to rank as the cheapest country to register an offshore company in 2025, offering unbeatable value with minimal regulatory requirements. It is a preferred jurisdiction for those seeking a fast, flexible, and tax-free structure. A Seychelles IBC pays zero tax on foreign-sourced income and faces no obligation to file annual accounts or returns. This keeps ongoing costs and compliance burdens low, especially for entrepreneurs running global businesses remotely.

What makes Seychelles especially attractive is its privacy. There is no public register of directors, shareholders, or beneficial owners. This makes it an ideal choice for individuals seeking confidentiality and asset protection in a well-established jurisdiction. With no minimum capital, and the ability to incorporate in under 48 hours, Seychelles is frequently chosen by cost-conscious entrepreneurs and consultants.

2. Samoa

Company Type: International Company (IC)
Registration Fee: $840
Annual Renewal: $755

Samoa offers a compelling alternative for those seeking the cheapest countries for offshore company formation while prioritizing legal safeguards and flexibility. A Samoa International Company (IC) is exempt from local taxes on all income earned outside of Samoa. There are no currency restrictions, no local office requirements, and no obligation to submit audited financials. These benefits make Samoa highly attractive to those engaged in international trading, crypto investments, or digital services.

What differentiates Samoa from many other low-cost jurisdictions is its robust asset protection framework. It has some of the most advanced offshore trust and foundation legislation in the Pacific, making it a reliable option for high-net-worth individuals and family offices. Confidentiality is also built into its legal code, with strict provisions limiting the disclosure of ownership details.

Whether you’re managing a remote business or safeguarding global assets, Samoa combines low cost with strong legal infrastructure. It remains a serious option for those comparing the most affordable jurisdictions to register an offshore company with an eye on long-term stability.

3. Belize

Company Type: International Business Company (IBC)
Registration Fee: $990
Annual Renewal: $945

Belize consistently ranks among the cheapest places to open an offshore company thanks to its low fees, simple regulatory framework, and favorable tax treatment. Belize IBCs are entirely exempt from local taxation on foreign-sourced income, and the law does not require them to submit accounting records, undergo audits, or hold annual meetings unless operating domestically.

In addition to low costs, Belize offers strong legal protections under a familiar English common law system. The setup process is quick—often within 24 to 48 hours—and companies can be registered with just one director and one shareholder. Nominee services are also allowed, and beneficial ownership information is not publicly accessible.

For entrepreneurs, e-commerce operators, and crypto asset holders, Belize remains one of the most cost-effective jurisdictions for offshore company formation in 2025. Its balance of price, legal predictability, and confidentiality continues to attract clients worldwide.

4. Marshall Islands

Company Type: International Business Company (IBC)
Registration Fee: $1,040
Annual Renewal: $970

The Marshall Islands is a highly respected jurisdiction that remains one of the cheapest countries to register an offshore company with legal credibility in global finance. Often compared to the British Virgin Islands in terms of structure, Marshall Islands IBCs are exempt from local income tax, capital gains tax, and withholding tax on income derived from outside the country.

What sets the Marshall Islands apart is its strong international recognition and wide acceptance by banks, especially in Europe and Asia. Companies incorporated here are not required to file financial statements or conduct annual audits. There are no local director or shareholder requirements, and corporate confidentiality is protected by law. This makes it an ideal destination for those who want the legitimacy of a respected flag without the costs associated with jurisdictions like BVI or Cayman.

Despite being slightly more expensive than Seychelles or Belize, the Marshall Islands offers a high-value solution for investors and entrepreneurs who need a balance between low cost and international banking credibility. It’s a strong option if you’re seeking the lowest-cost offshore company registration that is still taken seriously in high-level financial circles.

5. St. Vincent and the Grenadines

Company Type: Business Company (BC)
Registration Fee: $1,095
Annual Renewal: $965

St. Vincent and the Grenadines (SVG) rounds out our list of the cheapest offshore company formation countries in 2025. While slightly more expensive than some competitors, SVG offers outstanding privacy protections and no tax on foreign income. There is no requirement for accounting or auditing, and local substance is not needed. SVG companies can be set up with just one shareholder and director, with nominee services permitted and beneficial owners shielded from public disclosure.

SVG is particularly popular with forex brokers, asset holding firms, and international traders due to its light regulatory environment and flexible company law. Although it has come under scrutiny in past years, the jurisdiction continues to evolve and remains fully operational for those who understand how to navigate its framework legally and responsibly.

For clients seeking a discreet, functional company in a neutral jurisdiction, SVG continues to offer excellent value. It’s an especially good fit for those comparing low-cost offshore incorporation options that support financial independence and tax neutrality without heavy bureaucracy.

Conclusion

Choosing the cheapest country to register an offshore company depends not only on the price tag but also on your business goals, banking needs, and privacy preferences. 

Seychelles and Belize stand out as the most accessible for entrepreneurs launching digital or consulting businesses. Samoa and the Marshall Islands offer greater legal robustness, especially for those interested in long-term asset protection or international structuring. Meanwhile, St. Vincent provides a discreet and flexible option for trading and holding activities.

All five jurisdictions highlighted in this list provide tax neutrality, simple incorporation processes, and legal recognition for international business. They represent the best budget-friendly offshore company setups in 2025, suitable for startups, location-independent founders, and global investors alike.