WORLD WITHOUT TAXES
|Why Go Offshore?|
|When your business obtains an international status and expands outside the state boundaries, purchase of an offshore company is not only legal, but also a very efficientfund-saving way due to a considerable reduction of tax payments.
What is an offshore?
An offshore company is a company established abroad and performing all its activities outside the country of its incorporation.
How do you benefit from that?
Are there any restrictions?
There are no restrictions for offshore companies on types of business, except requirement of obtaining a licence for a particular type of business (insurance, banking operations), i.e., the same restrictions as are in place for ordinary – resident companies.
What is the process of opening an offshore bank account and what is the transaction currency?
You can open an account of an offshore company with any bank at any country in the world if you can comply with all requirements of the particular bank (e.g., some banks require a minimum deposit, presenting a recommendation from another bank or professional reference, etc.). Low Tax Company works with many banks in different countries in the world, thus we would be glad to provide you a free advice on possibilities of opening a multi-currency account and information on the required documentation.
Why do offshore companies have annual maintenance fees?
There are no countries in the world, where even a small annual tax or fixed duty would not be collected, and which would not require any residence of secretariats or registered agents of all firms, including offshore companies. Thus, if someone offers you to purchase a company with no costs for the future years, it is most likely that you would also purchase some trouble together with the company.
Which country would be the most advantageous for opening an offshore?
There is no an unequivocal answer to this question, because it depends on the purpose for using the offshore, type of your business, geographical location of your collaboration partners, number of operations, and other. factors. Thus, please, apply for free of charge consultancy, by filling our application form or sending an e-mail to email@example.com and our experts will offer the best solutions appropriate for you