Hi Manager,
In response to your first question if the offshore company makes purchases onshore, this does not necessarily create tax obligations for you personally! This is the reason that I suggested speaking with a registered tax advisor that is familiar with your domicile tax laws. Your offshore strategy should be to create as much of a legal separation between you and the company. For example, as a shareholder, should the company pay dividends on your shares, then this most likely will be taxable personal revenue if your country has a global taxation on its citizens such as in the case of all US citizens. Dare I suggest that if you conduct transactions on behalf of the offshore company onshore; this might be considered differently. doublethumbsup
I believe that Admin was speaking from the perspective of creating a "zero" tax liability solution. My understanding of his comments would be to form a Seychelles company and operate it onshore. However, this would effectively negate any transparency/ confidentiality in the solution and in my opinion would make the exercise of forming a company offshore a counterproductive one.
People incorporate offshore for two main reasons, namely tax management/ minimization and confidentiality. It appears that you are searching for both in a tax compliant manner, which is achievable!
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Caribbean Offshore Agents Inc. - Offshore Specialists
