SFM-OFFSHORE - STAY AWAY!

Thank you, I came here because of this thread.. wanted to register offshore company Belize with them but I read bad things here and don't want to pay money to them. Thnks I'm pleased.

So sorry for your loss, did you ever get your money back? Is FIdelity overseas trustworthy?

rothko13 said:

After I asked refund to my bank and wait for long 60 days they agreed to refund the money deducted $450 EUR to "cover admin fees", a typical scam excuse. My advice: stay away from them.

Thank you for the update, very helpful :)

rothko13 said:

I got scammed forming a company with SFM-OFFSHORE: Offshore Company Registration - Incorporation Offshore Companies | SFM Offshore They're a HUGE big scam with a lot of money to persuading people with a agressive marketing strategie and they hide their a*s probably behind a fucking trust or fundation. After you pay by creditcard they simply ignore you and when finally answer after you send several messages they will ask more and more documents and money. I honestly don't know why they don't delivery the product people pay for it. 100% scam in my experience, stay away from these guys!

rothko13 said:

I got scammed forming a company with SFM-OFFSHORE: Offshore Company Registration - Incorporation Offshore Companies | SFM Offshore They're a HUGE big scam with a lot of money to persuading people with a agressive marketing strategie and they hide their a*s probably behind a fucking trust or fundation. After you pay by creditcard they simply ignore you and when finally answer after you send several messages they will ask more and more documents and money. I honestly don't know why they don't delivery the product people pay for it. 100% scam in my experience, stay away from these guys!

Call the US embassy, FBI, Dubai Police. Report this gentleman the manager at 605 Opal Tower Business Bay, Dubai: Owiss Refaat. ae.linkedin.com/in/owiss-refaat-a6860628. That should take care of your problem.

Guys which provider would you recommend ?

I know which ones are scams but dont know which ones are good. Anyone has feedbacks to provide about a good and efficient provider (for Seychelles IBC or Belize for example) ?

Thanks

Did you try OCRA ? what jurisdiction do you want to incorporate your Company?

or:
International Services - Nathan Trust
Offshore Company | Registration and Bank for Offshore Business <- former offshorecompany 24 7
startitup.hk/start-your-company/
offshoreprotect.com <- new Company with aged cover page!
youroffshorecompanyformation.com looks amateur, never tried them, however contact them and see what they can do for you!

diablo said:

Did you try OCRA ? what jurisdiction do you want to incorporate your Company?

or:
International Services - Nathan Trust
Offshore Company | Registration and Bank for Offshore Business <- former offshorecompany 24 7
Hong Kong's #1 Company Setup Experts! - Start It Up
Home <- new Company with aged cover page!
Offshore Company Formation - We will make your business Tax Efficient looks amateur, never tried them, however contact them and see what they can do for you!

Have you tried one of these ? Startitup looks pretty legit but prices are so cheap that it looks suspicious to be able to set up a company for 100 USD

OCRA i read good things about them, but they are one of the most expensive providers.
Im looking for Seychelles IBC and Belize IBC provider

You may have a look at Google to find one of the paid AD providers, they may be able to help you without the big trouble.

diablo said:

Did you try OCRA ? what jurisdiction do you want to incorporate your Company?

or:
International Services - Nathan Trust
Offshore Company | Registration and Bank for Offshore Business <- former offshorecompany 24 7
Hong Kong's #1 Company Setup Experts! - Start It Up
Home <- new Company with aged cover page!
Offshore Company Formation - We will make your business Tax Efficient looks amateur, never tried them, however contact them and see what they can do for you!

Thank you for the info mate! However, Offshore Protect seems to have cheap AF prices for Cayman Islands, Luxembourg, Swiss personal bank accounts. Also Luxembourg and Swiss accounts have no minimum deposit. Is this really possible? From my experience, these are very pricey and have a minimum deposit amount.

buenosdias said:

Also Luxembourg and Swiss accounts have no minimum deposit. Is this really possible?

I think that is not true! Personally I have been around with 3 banks in Switzerland as an foreigner from the EU no of the banks allowed me to open an account without at least a 5000 CHF deposit unless I live in Switzerland.

You need to be carefull with what you read from the different providers around.

diablo said:

I think that is not true! Personally I have been around with 3 banks in Switzerland as an foreigner from the EU no of the banks allowed me to open an account without at least a 5000 CHF deposit unless I live in Switzerland.

You need to be carefull with what you read from the different providers around.

Exactly my point. I mean, these are bug shot countries. Not Belize or Seychelles or something. Having no minimum deposit limit is a sure sign of a scam. Also, a Swiss personal bank account for just €99? Yeah, right. In my dreams.

diablo said:

I think that is not true! Personally I have been around with 3 banks in Switzerland as an foreigner from the EU no of the banks allowed me to open an account without at least a 5000 CHF deposit unless I live in Switzerland.

You need to be carefull with what you read from the different providers around.

and you managed to open an account in Switzerland or not ?

Just read this post. Sorry that i haven't read before. It's well known they are scams.
Good luck for the future.
Maybe a good lesson for everyone. Ask here before making a deal with a company.. Someone should got good or bad experience before

Unpetit10K said:

Guys which provider would you recommend ?

I know which ones are scams but dont know which ones are good. Anyone has feedbacks to provide about a good and efficient provider (for Seychelles IBC or Belize for example) ?

Thanks

Do not mess around, contact a lawyer these consulting companies can steal your ID, run around and make 500 companies and banks in your name, even run up debt. Just use a lawyer. If you cant afford a lawyer, dont open accounts...

rothko13 said:

Is sfm-offshore.com trustworthy?

No its the same assholes

gonna add my 2 cents here...

thanks to whoever made this thread. whenever you type "sfm-offshore" in google, you see this in the 2nd spot right below the official site. i'm a little confused as to why this is literally the only complaint i've seen online for this company. you'd really think given what pricks they are there would be way more.

i've used sfm in the past with absolutely no problems. dare i say they were actually very good. so i figured i'd use them again now for another order. however it turns out they're now the most incompetent and frustrating people i've ever dealt with.

after placing my order i realized i'd made a mistake and wanted to take a different approach. within a couple of hours i emailed them and asked for a cancellation (nothing had been processed at this point). they confirmed the cancellation and said a refund would be no problem. at this point i figured all was good given my past experience and their general standing. turns out that was wrong.

a few days later i see on my card the money has gone from pending to actually taken. i contact them and ask why. they reply they don't know and will speak to the "relevant department". no reply for another 2 days. to cut a long story short 7 days in and no one will say anything. their support is absolutely frustrating. their only reply is "we need a response from the relevant department". so why have support at all? and what sort of company takes a week to resolve such a simple matter?

obviously it's bulls**t and they're stalling, so i've talked to my bank and initiated the chargeback process. whatever the outcome having a chargeback for a decent amount against your merchant processor is not good. it certainly hurts them more than it hurts me.

so yeah, to reiterate what others have said i'd stay the hell away from sfm. their website is nice and they seem very responsive to begin with, but they're completely useless when something goes slightly wrong.

also not sure why they have a 96% satisfaction rating on feefo.com. i guess that can be faked or manipulated though. again, it's just strange there aren't more complaint threads and reviews around the internet given how long they've been in business

@badape you only came here to make this simgle post! LoL seems sfm-offshore.com has arrived defending their business LoL

They are assholes and BIG ONES too!

rothko13 said:

I got scammed forming a company with SFM-OFFSHORE: Offshore Company Registration - Incorporation Offshore Companies | SFM Offshore They're a HUGE big scam with a lot of money to persuading people with a agressive marketing strategie and they hide their a*s probably behind a fucking trust or fundation. After you pay by creditcard they simply ignore you and when finally answer after you send several messages they will ask more and more documents and money. I honestly don't know why they don't delivery the product people pay for it. 100% scam in my experience, stay away from these guys!

You describe what exactly happened to me.

Asking for more and more documents, useless documents, and more money.

SFM promised me bank accounts and formation within 5 days! its now 2 months. I lost 1 million USD in investor money as they lost faith because SFM still didnt provide anything. I created 20+ companies with other providers in the past. Never a problem. Last time (PMG Group) i got the company + 2 bank accounts in europe within a week.

Stay away!!!