What can I use my offshore company for?

[blainchain]

Hi,


New here but long time since I took my business offshore 😉


I got into the offshore thing because I was looking for a way to hide my personal data but required a company address. Back in 2003 it wasn't difficult to find a payment solution for my offshore company I just needed a company and it didn't matter where it was.


Now why are you looking into this?

 

[JohnLocke]

The reason you mentioned is one of the most why people incorporate a offshore company.‌

Other reasons would be to reduce the corporate tax or even eliminate it.

 

[nastathin]

My reason for why I'm looking to register a offshore company is mainly privacy and‌ 100% anonymity next to tax issues.

 

[wosniak]

I'm looking to go offshore for the purpose to hide my identity from customers..

 

[JohnLocke]

I would say one good offshore jurisdiction would be the Seychelles, with a company there‌ you will have a high level of privacy and anonymity. Also it is cheaper than‍ most other offshore jurisdiction it provides still a way higher level of privacy!!

 

[blainchain]

Other thing could be to avoid to pay too much tax and build up an‌ advanced offshore company structure to accomplish this.

 

[clemens]

Another reason for incorporating a offshore company may be asset protection or simply saving money‌ for later.

 

[nastathin]

TAX EVASION - TAX EVASION AND TAX EVASION 😀 - Thats what most are using it‌ for.