much money would we save by opening offshore company?

[AndrewT]

Does anyone have an idea how much money can we save by offshore company formation? For example are the taxes 50% lower than in our native countries?

 

[JohnLocke]

That depends on where you live and what exactly you want to achieve.. Most often‌ the tax for an offshore company is 0% - that means the corporate tax.

 

[taruniis]

If you don't have to pay tax you will save a lot of money I‌ say or??

 

[JohnLocke]

Correct, but sometimes you can save money even if you pay tax if the tax‌ rate you pay is lower than in your home country.

 

[protain]

It depends on what offshore jurisdiction you incorporate your company! Also where you live comes‌ into play, because there is personal income tax that has to be paid where you‍ live as beneficial owner.