Transfer from individual to offshore company can I do that?

[lavel]

Ive been a personal owned company (sole proprietorship) and want to change / transfer this to offshore company....please explain to me how this may be possible?

 

[warrior]

welcome :welcome: did you consult a local tax consultant for advise?

 

[Joe]

If I were you I would get in touch wih a local tax adviser⁠ and ask for assistance.

 

[lavel]

That was exact what I did... Everything‍ went out to be good and a fantastic idea.

 

[happyjohn]

Was there tax to be paid doing this exercise?

 

[craigs]

Id did it onshore and had to pay tax from my assets and equity.

 

[JohnLocke]

Would you mind to elaborate? It may of interest for many‍ 🙂