Can I setup a legit structure when having backen company to be offshore?

[cole]

Can I structure my company setup to be legit to any authority (but still avoid tax) if my backend is a offshore company in Belize, BVI, Seychelles, Panama etc. ? How would you go about it?

 

[Zqq]

It depends a lot on where you live and what laws are applicable. Most likely you cannot avoid tax completely (at least not if you want to take out some form of income), but you may be able to minimize tax. You need to check this with a lawyer or qualified accountant.

 

[JohnLocke]

I agree with Zqq, consult a local tax firm and maybe even a legal adviser who specialized in International tax laws.

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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[matthew]

It isn't illegal when a offshore company holds the shares in an onshore company as I remember.

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