Want to get ahead of your competitors? Diversify your business internationaly. Pay less taxes.
As we are living in times of globalization, the aspiration of entrepreneurs to recognize and set up ideal offshore company structures, as well as to benefit from the economic and tax advantages offered by a few jurisdictions, is undeniably comprehensible. One extraordinarily successful strategy is to use an offshore company to operate your online business. It is a technique used by Apple and Google.
If your business is based online and you incorporate your international company properly, it may have some very attractive tax benefits.
What is an Offshore Company?
There is a current misconception that offshore business is about evading taxes and hiding money from the government, which is certainly not the case.
There are 100% legitimate ways to structure your business interests overseas and realize significant benefits from an asset protection standpoint — as well as tax-standpoint.
Want an example? In the last few years companies such as Google, Apple and a multitude of other companies have cut their taxes by billions of dollars in completely legitimate ways.
Offshore businesses and companies are words with no definite legal or general meaning. In plain words, offshore means “anywhere, other than the place of the physical location of the person using this word”, or in other words – overseas. Offshore company does not have to be located in some exotic tax haven island.
Sometimes, the business location of the offshore company will be in the highly regulated high-tax onshore country and still be considered “offshore”, if it is set up correctly, and if you are not resident of that country.
Companies registered in offshore jurisdictions can provide both offshore and onshore companies with beneficial tax regulations and/or uncommon company systems.
Companies registered in many countries will give access to the laws, different from your home country, which enables activities that are tax favorable for specific international business purposes.
Although the world of offshore businesses was presented by the media as a black-and-white world, it is far more complex.
The offshore business includes both tax havens and onshore high tax jurisdictions striving against each other to attain international companies and individuals with all methods of regulations and opportunities.
To set up an offshore company or relocate your existing business overseas is a crucial step toward internationalizing yourself and your assets. There are 100% legitimate ways to structure your business interests overseas and realize significant benefits from an asset protection standpoint — as well as tax-standpoint.
Who Needs an Offshore Company?
Taking part in the international business can cause certain limitations, due to the residence of the country, you are settled in.
Forming an international company, in either offshore or onshore jurisdiction, can ease, or completely free you of any problems, that your domestic company may have, when entering certain markets, or when doing certain businesses.
Many individuals and corporations who use offshore companies and planning aspire to:
- Reduce Tax
- Manage Risk
- Maintain Privacy
- Protect Assets
- Enhance Assets
- Reduce Costs
- Entering Specific Markets
- Personal and Family Wealth Management
Reasons to Incorporate an Offshore Company
An offshore company can satisfy the need of entering the international business arena.
If you are doing some sort of international/cross-border business, the chances are big that you will need an offshore company.
The reasons for using offshore companies for international business are:
- Free Remittance Of Profits
- Security Of Property Rights
- Access To Tax Treaties
- Availability Of Offshore Experts
- Customs And Duty Exemptions
- Enhanced Privacy
- Fair Treatment
- Sanctity of Contracts
- Fewer Restrictions
- Higher Yields And Returns
- The Search For Political Stability
- Access To Top-rated Jurisdictions
- Accessing Low-Cost Areas
- Banking Privacy
- Access To Foreign Insurance
- Exchange Convertibility
- Government Cooperation
- Territorial Taxation
- Foreign Investment Inducements
- Tested Legal Systems
- Sophisticated Banking Facilities
- Reduced Taxation
Offshore Company Formation Jurisdictions
You don’t have to waste time with hotel reservations, tiring trips, visits to various tax agencies, or handle the paperwork. Once you have chosen where you want to register your Company, we’ll take care of everything within the deadline.
How to open Offshore Company Today?
To set up an offshore company or relocate your existing business overseas is a crucial step toward internationalizing yourself and your assets.
Our services include offshore company formation and subsequent management and administration of such companies, including services of the Registered Agent, provision of the registered address, third-party directorship and company management services, shareholders, services, virtual office and secretarial services, bank account introductions, custody of documents and corporate searches, preparation of corporate and business documentation and general administration.
Our clients are private entrepreneurs as well as professional intermediaries such as tax consultants, financial advisors, accountants, and lawyers.
We will help you form a company, open a bank account, and provide full additional services according to your business and personal needs.
Offshore Company Registration Experts
Szilaghi Consulting will assist you to find the best solutions to internationalize your Business, Protect Your Financial Assets, and Optimize Tax Costs.
These responsibilities are often complex and require careful consideration and expert advice in Offshore Company Formation. We will help you find the best solutions for their needs.
Our experts can help you achieve the register of a Company in various offshore jurisdictions around the world.
If you’re interested in learning more about our offshore company registration services, call +4(0)773.939.033