Offshore Company & Global Potential Starting an offshore company in an overseas jurisdiciton gives you many advantages and possibilities that can not be found if you incorporate onshore. Offshore incorporation is something that gives you: Tax advantages Lower regulations More privacy Asset security Low paid in capital Minimal reporting obligations Investor friendly atmosphere None of these advantages are readily available in an onshore financial environment that generally have more rest tape and regulations making it more difficult for businesses to operate. High tax jurisdictions Questions You Should Ask Yourself Before You Incorporate Offshore Before choosing where to incorporate your company there are a few questions that might be worth asking: What am I hoping to achieve by going offshore? What are my tax obligations where I currently reside? Are there any Double Taxation Treaties? Are there any special licences that I need to apply for? Do I need a merchant service or an ...
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