Offshore or onshore company what is best to avoid too much tax?

[cyprusbanker]

Wondering what would be best in my situation to incorporate onshore or offshore company?


Here is a very brief information about the situation.


I live in an EU country, have a stable turnkey ecommerce business online and want to avoid to pay more tax than necessary but don't want to do anything illegal like tax evasion or other things that bring trouble with the tax authorities.

 

[EliasIT]

Best is to incorporate a company in Cyprus while they maintain the lowest tax in the entire European Union they also offer very flexible choices in regards to tax planning! Also you don't need to pay tax of dividend paid to a Cyprus holding company which in certain corporate structures can be a great earner.

Toggle signature
If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability!
My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.

 

[averagejoe]

Cyprus is onshore or low tax jurisdiction so as EliasIT alredy suggested Cyprus is the best choice if the business takes place in Europe. Also the reclaim of VAT if you buy from a European wholesale can be a great advantage.

 

[JohnLocke]

If doing lots of business buy/sell in Europe a Cyprus company is the perfect way to look at, if you are not buy lot's of goods or services within or from the EU you but only sell to the EU then a offshore company will be the best for you because of TAX and VAT advantages.

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

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.​

 

[MoralCapitalist]

Is Cyprus company recognized offshore?

 

[newuser]

Interest me also! Will a offshore company be able to do business in Europe?