What Flag Theory does

Flag Theory, operated by Far Horizon Capital Inc, is a Singapore-headquartered internationalization consulting firm founded in 2012. It provides corporate structuring intelligence, company formation and incorporation, bank account opening assistance, immigration-by-investment advisory, and licensing support to business owners, investors, location-independent entrepreneurs, cross-border SMEs, and multinational corporations. The firm serves clients across more than 50 jurisdictions for legal vehicles including Corporations, LLCs, Partnerships, Foundations and Trusts, with industry specializations spanning crypto/blockchain, fintech, investment funds, software/IP, e-commerce, gaming, ICO/STO and family wealth. Marc Gras serves as Managing Director.

The firm operates without proprietary technology infrastructure beyond four jurisdictional comparison web tools — passports.io, residencies.io, bankaccounts.io, and incorporations.io — used primarily as top-of-funnel lead generation assets. Its delivery model relies on a curated global network of lawyers, accountants, advisors, bankers and payment service providers, positioning the firm as an orchestrator rather than a product company. Supporting marketing assets include a long-running blog (publication dated as recently as June 2025 covering EU MiCA), a newsletter, the Flag Theory Master Course, and the proprietary '7 Flags' framework covering tax residency, offshore banking, second passports, offshore companies, and physical/digital assets.

The revenue model is professional services with quote-based, per-engagement pricing. Service fees, partially composed of pass-through disbursements (government, notary, courier, stamp duties), are not publicly disclosed. Go-to-market is sales-led, driven by free private consultations and a website shop that sells incorporation, banking introductions, and coaching sessions. The firm is privately held with no disclosed parent company, no external institutional investment, and no funding rounds on record.

Name

Flag Theory

Legal name

Far Horizon Capital Inc

Website

https://FlagTheory.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Flag Theory is a Singapore-based internationalization consulting firm founded in 2012 that advises entrepreneurs, investors, and SMEs on corporate structuring, company incorporation, offshore banking, and immigration across 50+ jurisdictions.

Ownership category

akta.pro rank

Product category

International Corporate Structuring Services

NAICS

Legal Services (5411)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Business Registration & Corporate Affairs (Registries) (BPAIAOAA)

akta.pro secondary industry

Regulatory Taxonomy, Rules Mapping & Controls Testing (FSAFAOAN)

Keywords

• Offshore company formation
• International tax planning
• Corporate structuring consulting
• Residency and citizenship advisory
• Bank account opening services

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Corporate Services: Formation and registration of limited liability companies, corporations, foundations, partnerships, trusts and other legal entities. Provision of corporate services including nominee directors, trust services, nominee shareholder services, corporate secretary services, provision of corporate officers, registered office, registered agent and other corporate services.
2. Immigration Services: Services related to applying for and obtaining residence permits, work permits, citizenship, and other immigration-related services.
3. Bank Account Opening Services: Assistance with opening bank accounts, merchant accounts, payment accounts or debit cards with their network of banks and payment services providers.
4. Consulting Services: Advisory or consulting services related to corporate services, immigration services, bank account opening services, and general information related to regulatory, corporate structuring and tax matters.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Flag Theory provides international structuring consulting, company incorporation, and bank account opening services across 50+ jurisdictions worldwide. The firm assists business owners, investors, location-independent entrepreneurs, cross-border SMEs, and multinational corporations with corporate structuring, immigration by investment, asset protection, and tax residency planning, leveraging a global network of lawyers, accountants, advisors, and bankers.

Product overview

Flag Theory, operated by Far Horizon Capital Inc (Singapore), is an internationalization intelligence platform providing consulting services and web-based comparison tools. The core offering consists of Corporate Structuring Consulting Services, Company Formation & Bank Account Opening Services, Strategic Internationalization Planning, and Immigration Services. Supporting the consulting business are four dedicated web platform tools: passports.io (passport comparison), residencies.io (residency comparison), bankaccounts.io (banking comparison), and incorporations.io (company incorporation comparison). The company also offers a Coaching Live QA consulting session as an add-on module. Services are available for more than 50 jurisdictions worldwide covering legal vehicles such as Corporations, LLCs, Partnerships, Foundations and Trusts, with specializations in industries including ICO/STO, Crypto & Blockchain, Fintech, Investment Funds, Software & Technology, E-Commerce, Gaming, and Family Wealth.

Differentiator

Problem solved

Functional benefit

Brands

• Passports.io: Passport comparison and citizenship by investment comparison tool
• Residencies.io
• Bankaccounts.io
• Incorporations.io

Products and services

• Corporate Structuring Consulting Services
• Company Formation & Bank Account Opening Services
• Strategic Internationalization Planning
• Immigration Services
• passports.io
• residencies.io
• bankaccounts.io
• incorporations.io

Named customers6 records

Segments9 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Global Network of Lawyers, Accountants, Advisors and BankerscoreImplementation/ SI/ Consulting Partner · 1 January 2012Flag Theory leverages a global network of experienced lawyers, accountants, advisors and bankers to provide internationalization and offshore solutions. This network enables them to handle complex financial affairs and provide comprehensive services across their service offerings including corporate structuring, immigration services, and banking solutions.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Hawksford: International corporate services provider specializing in company formation, fiduciary, and tax structuring for entrepreneurs and corporates. Highly comparable boutique alternative to Flag Theory.
• Sovereign Group: Independent corporate services group providing international structuring, fiduciary, and wealth planning across 20+ jurisdictions. Comparable boutique positioning with cross-border focus.
• Healy Consultants: Boutique firm offering company registration, bank account opening, and tax advisory across multiple jurisdictions. Closest direct niche competitor with a similar content/SEO-driven model.
• JTC Group: Provider of fund, corporate, and private client services globally. Comparable in corporate structuring, fiduciary services, and cross-border jurisdiction coverage.
• Intertrust (now CSC): Provider of corporate, fund, and capital markets administration services globally. Comparable in jurisdiction coverage and corporate structuring/incorporation services; significantly larger scale.
• Vistra: Global corporate services firm offering company formation, administration, and tax/regulatory compliance across 50+ jurisdictions. Directly comparable in core offering (cross-border structuring, incorporation, banking introductions) but operates at materially greater scale.
• TMF Group: One of the largest independent providers of corporate secretarial, accounting, tax, and HR services with deep global coverage. Closest direct competitor in multi-jurisdictional structuring and ongoing compliance services.

Broad incumbents

• Citco: Large alternative-asset and corporate services firm with broad international structuring capabilities. Overlaps with Flag Theory in corporate structuring and fund setup, but serves a more institutional client base.
• Andersen Global: Global tax and legal advisory network offering international tax planning and entity structuring services. Comparable in international tax structuring advisory but much broader tax/legal scope.

Emerging players

• Nomad Capitalist: Advisory firm focused on second passports, citizenship/residency by investment, and offshore company formation for entrepreneurs. Closely comparable content/positioning in the 'go global' advisory niche with strong content marketing overlap.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/flagtheory

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Flag Theory