Why to Forn an Offshore Company?

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richardm1964

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Nov 30, 2009
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Going offshore through an IBC (International Business Company) allows the owners of a company completely control over their assets in total privacy from an offshore financial jurisdiction. Their entire businesses and commercial activities, including investments and banking, may be conducted under an offshore corporate ownership, thus keeping the name of shareholders, directors and officers completely private. In the vast majority of cases, the banks are prohibited, based on local laws to disclose any information on their clients.

Last edited by a moderator: Dec 6, 2009
 
Of course, you are right in highlighting the major advantages of a company going offshore. I want to some advantages of offshore companies to your above discussion.


1- payment of less or no tax on income.


2- free dividend income.


3- No need to disclose the name of directors and share holders of the company.


4- Full autonomy and privacy etc.
 
The outlined points in regards to the offshore company formation above are great answers and also covering the major benefits of incorporate an offshore company.


You should just make it clear for you where to incorporate, for instant Seychelles or Belize will are the most popular jurisdictions in order to incorporate Holding companies and investment businesses.

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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.
 
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