ICO SERVICES
ICO Services is a private offshore company formation agent founded in 2012, helping international entrepreneurs, freelancers, and small businesses incorporate and manage entities across nine jurisdictions including Belize, Bulgaria, Cyprus, Hong Kong, the UK, and the US, via offices in London, Kuala Lumpur, and Seychelles.
- Company typePrivate
- Founded2012
- HeadquartersKuala Lumpur, Malaysia
- Headcount1–10
- GTM typeB2B
- OfferingServices
What ICO SERVICES does
ICO Services is a privately held offshore company formation agent founded in 2012, specializing in helping clients incorporate and manage entities across nine jurisdictions: Belize, Bulgaria, Cyprus, Delaware, Hong Kong, Ras al-Khaimah, Seychelles, United Kingdom, and Wyoming. The company operates through three offices — London (European headquarters), Kuala Lumpur (Asian regional HQ), and Mahe, Seychelles — and serves a global client base described as reaching "almost every country of the world." Its website is the primary distribution channel, supported by a multilingual professional team that handles each stage of offshore entity creation, including jurisdiction selection, incorporation, banking assistance, and ongoing management.
The product portfolio is anchored by the core Offshore Company Formation service, supplemented by add-on business tools: Nominee Services for shareholder and director anonymity, VPN Service for secure connectivity, Business Address Services for a professional offshore presence, and banking assistance for account establishment. Pricing is quote-based, with the company emphasizing transparent, intermediary-free fees and a 48-hour turnaround on select jurisdictions. Technology is limited to standard web infrastructure with SSL 256-bit encryption and a customer database that cannot be printed, copied, or exported, marketed as a confidentiality differentiator.
The revenue model is professional services, transaction-driven, with no disclosed pricing tiers or revenue figures. The customer base spans international entrepreneurs, freelancers and location-independent professionals, and ecommerce/startup companies — a horizontal segmentation focused on individuals and small businesses seeking tax optimization, asset protection, and international business presence. The company has no external funding, no parent company, no disclosed leadership team, and no public revenue or valuation signaling.
ICO SERVICES firmographics
Firmographics- Name
- ICO SERVICES
- Legal name
- ICO Services
- Website
- https://icoservices.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- ICO Services is a private offshore company formation agent founded in 2012, helping international entrepreneurs, freelancers, and small businesses incorporate and manage entities across nine jurisdictions including Belize, Bulgaria, Cyprus, Hong Kong, the UK, and the US, via offices in London, Kuala Lumpur, and Seychelles.
- Ownership category
- akta.pro rank
Where ICO SERVICES is headquartered
LocationHeadquarters
- HQ city
- Kuala Lumpur
- HQ country
- Malaysia
- HQ region
- Asia
Offices3 records
Markets served
ICO SERVICES business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Offshore Company Formation Services: Primary revenue stream from forming offshore companies in various jurisdictions including Belize, Bulgaria, Cyprus, Delaware, Hong Kong, Ras al-Khaimah, Seychelles, United Kingdom, and Wyoming. Services include incorporation, management, and ongoing support for offshore entities.
- Business Tools and Nominee Services: Additional services including nominee services, business address provision, VPN service, and identity design services that complement the core company formation business.
- Banking Assistance Services: Assistance with banking needs including bank account establishment as part of the comprehensive offshore company setup process.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Standard offshore company formation packages |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels8 records
ICO SERVICES product offering
Product offeringCore offering
ICO Services is a specialized offshore company formation agent that helps clients establish and manage offshore companies in nine jurisdictions (Belize, Bulgaria, Cyprus, Delaware USA, Hong Kong, Ras al-Khaimah, Seychelles, United Kingdom, and Wyoming USA). The company provides full support from incorporation through ongoing management, complemented by nominee services, virtual business addresses, bank account establishment assistance, and VPN services.
Product overview
ICO Services is a service-based company providing offshore company formation and incorporation services. The core offering is the Offshore Company Formation Service, which enables clients to establish companies in multiple tax-friendly jurisdictions. This is supported by add-on services including Nominee Services for anonymity, VPN Service for secure communications, Business Address Services for privacy, and Bank Account Establishment assistance. The company operates across three regional offices in Europe (United Kingdom), Asia (Malaysia), and Indian Ocean (Seychelles).
Differentiator
Problem solved
Functional benefit
Products and services
- Offshore Company Formation Services Full-service offshore company formation in nine jurisdictions (Belize, Bulgaria, Cyprus, Delaware USA, Hong Kong, Ras al-Khaimah, Seychelles, United Kingdom, and Wyoming USA) for international business owners, entrepreneurs, and corporate structuring clients.
- Nominee Services Nominee shareholder and director services providing anonymity and confidentiality for company ownership, operated with the highest level of integrity and confidentiality.
- VPN Service Virtual private network service providing secure internet connectivity for business operations.
- Business Address Services Virtual business address services in offshore jurisdictions providing privacy and a professional presence for clients.
- Bank Account Establishment Assistance Assistance with opening offshore bank accounts as part of the comprehensive offshore company setup process.
Quantifiable outcome
- 48-hour incorporation for select jurisdictions
Companies that use ICO SERVICES
Customer profileSegments3 records
Ideal customer profiles3 records
ICO SERVICES technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
ICO SERVICES partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights4 records
ICO SERVICES competitors and assessment
Company assessmentDirect peers
- Company Formation MadeSimple: Online company formation agent specializing in UK and offshore jurisdictions, comparable in offering and target customer to ICO Services' UK and international formation packages.
- Rapid Formations: UK company formation agent providing fast-track incorporation services in the UK and offshore jurisdictions with a self-service digital platform — directly comparable to ICO Services' 48-hour-turnaround positioning.
- Healy Consultants: Global corporate services firm offering company formation, bank account opening, and ongoing compliance across multiple offshore jurisdictions — overlapping directly with ICO Services' multi-jurisdiction offering.
- 1st Formations: UK-based company formation agent offering UK and offshore company incorporation with automated online ordering, competing directly with ICO Services for SMB and international entrepreneur clients.
Broad incumbents
- LegalZoom: Large US-based online legal services platform offering business formation, registered agent, and compliance — a broad incumbent with overlapping formation capabilities but a much wider product portfolio.
- Sovereign Group: Established international corporate services provider with a broader portfolio of trust, fiduciary, and corporate services across many jurisdictions — a larger incumbent operating in the same offshore formation space.
- Harneys (Harvey Nimohoff): International law firm with a strong offshore corporate services practice across BVI, Cayman, Bermuda, and similar jurisdictions — competing for cross-border incorporation and corporate structuring work.
- TMF Group: Large multinational provider of compliance and administrative services including company formation, accounting, and payroll — operates across the same offshore jurisdictions ICO Services covers but at enterprise scale.
- CSC (Corporation Service Company): Global corporate services and registered-agent incumbent serving large enterprises; competes with ICO Services for entity formation and ongoing corporate compliance work in multiple jurisdictions.
Emerging players
- Swyft Filings: US-focused digital-first company formation and registered-agent service operating in Delaware and Wyoming — overlapping ICO Services' US jurisdiction offering from a different geographic base.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
ICO SERVICES social profiles
Digital presenceICO SERVICES financial estimates
Financial estimateRevenue estimate
Valuation estimate
ICO SERVICES leadership team
Management profileNumber of profiles
ICO SERVICES funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ICO SERVICES M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ICO SERVICES
What does ICO SERVICES do?
ICO Services is a specialized offshore company formation agent that helps clients establish and manage offshore companies in nine jurisdictions (Belize, Bulgaria, Cyprus, Delaware USA, Hong Kong, Ras al-Khaimah, Seychelles, United Kingdom, and Wyoming USA). The company provides full support from incorporation through ongoing management, complemented by nominee services, virtual business addresses, bank account establishment assistance, and VPN services.
Is ICO SERVICES a public or private company?
ICO SERVICES is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was ICO SERVICES founded?
ICO SERVICES was founded in 2012. It employs 1 to 10 people.
Where is ICO SERVICES based?
ICO SERVICES is headquartered in Kuala Lumpur, Malaysia, in the Asia region.
How does ICO SERVICES make money?
Three revenue lines are on record. Offshore Company Formation Services are the primary driver. The others are business Tools and Nominee Services and banking Assistance Services.
Who are ICO SERVICES's main competitors?
Direct peers on record are Company Formation MadeSimple, Rapid Formations, Healy Consultants and 1st Formations. Broad incumbents are LegalZoom, Sovereign Group, Harneys (Harvey Nimohoff), TMF Group and CSC (Corporation Service Company). Swyft Filings is listed as an emerging player.
Does ICO SERVICES have an API?
No public API is recorded for ICO SERVICES.