OFFSHORE COMPANY:

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WHY GO OFFSHORE:

 

After the Globalization of the World trade and finance, a businessman like yourself has now the option of GOING OFFSHORE. What that means is that you can set up an OFFSHORE COMPANY, in any of the Offshore Jurisdictions, so that you may plan your Corporate Tax optimization, by reducing the taxes you pay to the minimum in a legal way. An OFFSHORE COMPANY is the most common and appropriate way to do it.

 

An Offshore Company is sometimes mistaken with the IBC, which is usually a local company in some countries with international characteristics. Some Offshore Jurisdictions, have a bad reputation, so setting up an Offshore Company there is not recommended, since it will create more problems than that it will solve. Some Tax Havens as they are sometimes called are even included in the black list of some big countries like the USA, RUSSIA, the EU, etc. so before setting up your Offshore Company, make sure that the jurisdiction recommended to you is clean and friendly with the rest of the business community.

 

There are many ways to plan your tax optimization by using an Offhsore Company. You can use a trading a consulting, an investment or a holding Offshore Company  to create a structure most suitable for your purposes to minimize your taxes, thus saving a lot of money which otherwise would be paid in taxes unecessarily! Ask at our back office for a buiness plan and a tax plan for your business in whatever part of the World you are.

 

Our company has 30 years accumulated experience in the field, and our senior lawyer and other associate lawyers and finacial partners can advise you how to plan you taxes,how to protect your assets and how to set up your Offshore Company in whatever Jurisdiction you are interested.

 

OFFHSORE COMPANY  JURISDICTIONS:

 

The following offshore jurisdictions are all available to you through our company :

 

1. British Virgin Islands ( BVI )

2. Belize

3. Seychelles

4. Delaware USA

5. Hong Kong

6. Bahamas

7. U K

Of course our company can set up your Offshore Company in any jurisdiction!!! Just ask at the back back office for prices and time schedules.

 

PROS AND CONS OF OFFSHORE COMPANY JURISDICTIONS:

 

1.   THE BRITISH VIRGIN ISLANDS:

 

 

Type

 

  IBC

 

Type of law

 

 Statute Law

 

Time needed set up a new company

 

 4 days

 

Government fees for a share capital not more than US$50,000

 

US $350

 

Government fees for a share capital more than US$50,000

 

US $1,100

 

Income Tax Rate

 

 0 %

 

Treaties for the Avoidance of Double Taxation

 

None

CAPITAL RULES

 

Common  currency of share capital

 

US $

 

Capital allowed in any currency

 

Any

 

Minimum paid up capital

 

US $1

 

Usual Share Capital registered

 

US $50,000

DIRECTORS

 

Minimum number of Directors

 

1

 

Local Director required

 

No

 

Corporate directors allowed

 

Yes

 

Records accessible by public

 

No

 

Place of meetings of company Directors

 

Anywhere

SHAREHOLDERS

 

Minimum number of Shareholders

 

1

 

Accessible records to public

 

No

 

Place of meetings of Shareholders

 

Anywhere

SECRETARY

 

Necessary

 

Optional

 

Local or qualified

 

No

 ACCOUNTS

 

Requirement to prepare yearly

 

Yes

 

Auditing

 

No

 

Filing Accounts

 

No

 

Accessible accounts to the public

 

No

 

No need to file annual return

 

No

 

Re-domiciliation of Company allowed

 

Yes

 

 

 

 

Type

 

IBC

 

Type of law 

 

Statute Law

 

Time needed set up a new company 

 

1 day

 

Government fees for a share capital not more than US$50,000

 

US $100

 

Income Tax Rate

 

0 %

 

Treaties for the Avoidance of Double Taxation

 

None

CAPITAL RULES

 

Common  currency of share capital 

 

US $

 

Capital allowed in any currency 

 

Any

 

Minimum paid up capital

 

US $0

 

Usual Share Capital registered

 

US $50,000

DIRECTORS

 

Minimum number of Directors

 

1

 

Local Director required

 

No

 

Corporate directors allowed 

 

Yes

 

Records accessible by public

 

No

 

Place of meetings of company Directors

 

Anywhere

SHAREHOLDERS  

 

Minimum number of Shareholders 

 

1

 

Accessible records to public

 

No

 

Place of meetings of Shareholders

 

Anywhere

SECRETARY

 

Necessary

 

Optional

 

Local or qualified

 

No

 ACCOUNTS

 

Requirement to prepare yearly 

 

Yes

 

Auditing

 

No

 

Filing Accounts

 

No

 

Accessible accounts to the public

 

No

 

No need to file annual return

 

No

 

Re-domiciliation of Company allowed

 

Yes

 

Type   

IBC

Type of law 

Statute Law 

Time needed set up a new company 

1 day

Government fees for a share capital not more than US$50,000

US $100

Income Tax Rate

 0 %

Treaties for the Avoidance of Double Taxation

None

CAPITAL RULES

Common  currency of share capital 

US $

Capital allowed in any currency

Any

Minimum paid up capital

US $1

Usual Share Capital registered

US $5,000

DIRECTORS

Minimum number of Directors

1

Local Director required

No

Records accessible by public

No

Place of meetings of company Directors

Anywhere

SHAREHOLDERS  

Minimum number of Shareholders

1

Accessible records to public 

No

Place of meetings of Shareholders

Anywhere

SECRETARY

Necessary

Optional

Local or qualified

No

 ACCOUNTS

Requirement to prepare yearly

Yes

Auditing

No

Filing Accounts

No

Accessible accounts to the public

No

No need to file annual return

No

Re-domiciliation of Company allowed

Yes