Offshore Company

Offshore company

Most of company that offers you to build your own offshore company will offer offshore company formation, corporate banking and related company and trust management services.

Why people set up offshore company ?
Tax havens, such as Vanuatu and the British Virgin Islands, allow the formation of International Companies that have no tax or reporting responsibilities. This means you save money not only from the absence of corporate taxes, but also from reduced compliance and other regulatory costs. International Companies have the same rights as an individual person and can make investments, buy and sell real estate, trade portfolios of stocks and bonds, and conduct any legal business activities and offshore Companies offer complete privacy.

In combination with a Trust, an Offshore company can avoid high levels of income, capital and death taxes that would otherwise be payable if the assets were held directly. It can also protect assets from creditors and other interested parties. .

Offshore banking account

Offshore business companies are sophisticated structures formed in offshore jurisdictions as Dominica, Belize, BVI, Delaware, Panama, Gibraltar, Seychelles, Costa Rica, Malta, Nevis,..., which are traditional tax havens.

These offshore company utilize local legislation which provide for tax exempt earnings in a confidential and secure environment. Because of unpleasant changes in legislation or tax policy in some offshore havens we don't any longer recommend corporations and banking in the following jurisdictions: Cayman Islands, Switzerland and The Bahamas. .

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