Why go offshore?
Individuals and corporations go offshore for a number of
reasons:
- Save tax
- Protect wealth
- Reduce risk
- Maintain privacy
- To avoid unnecessary regulations or bureaucracy.
Use the information and links set out below to help you find
an offshore solution that works for you.
» International trading
» Holding portfolios of
stocks, bonds and cash
» Holding Investments in
Subsidiary or Associated Companies
» Utilizing Double
Taxation Treaties
» Privacy and Wealth
Protection
» Personal Service
Companies for expatriates and individuals
» Property and Land
Ownership
» Employment Companies
» Patent, Royalty and
Copyright Holding
» Stock Market Listings
and Capital Raising Exercises
» Financing
» Ship Management +
Yacht Owning
International Trading -
By interposing offshore companies into international trading
transactions it may be possible to accumulate profits arising
out of these transactions.
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Holding portfolios of Stocks,
Bonds and Cash - Cash assets are held offshore, and may
earn deposit interest gross or be placed in collective cash
funds.
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Holding Investments in
Subsidiary or Associated Companies - Capital gains
arising from the disposal of particular investments can be made
without taxation. In the case of dividend payments, reduced
levels of withholding taxes can be achieved through the use of a
company incorporated in a zero or low tax jurisdiction that has
double tax agreements with the contracting state.
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Utilising Double Taxation
Treaties through Intermediary Holding Companies.
Companies wishing to invest in countries where a double tax
agreement does not exist between both countries can establish an
intermediary company in a jurisdiction where there is a suitable
treaty.
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Privacy and Wealth Protection -
High net worth individuals gain privacy and save on professional
fees by using offshore companies as Personal Holding Companies.
These entities may be suitable for inheritance planning and
reducing the costs and time delays in probate.
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Personal Service Companies -
Individuals who provide professional services, such as
contractors, entertainers, aviators, film executives etc., can
realise considerable savings where fees earned are accumulated
tax free in Personal Service Companies based offshore. Payments
may also be structured to minimise income tax.
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Property and Land Ownership -
Offshore entities are regularly utilized to own property and
real estate.
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Employment Companies -
Payroll costs and travel expenses may be reduced by paying
employees working overseas from your offshore base. This may
also provide tax relief and social security saving benefits for
the employees.
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Patent, Royalty + Copyright
Holding - Intellectual property including computer
software, technical knowledge, patents, trademarks and
copyrights, can be owned by, or assigned to, an offshore company
upon acquisition of the rights. The rights can then be
franchised to companies around the world and the resultant
income can be accumulated offshore. A carefully selected
jurisdiction can withhold taxes on royalty payments with the
commercial application of double tax treaties.
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Financing - Offshore
companies can be established to fulfil an inter-group treasury
management function.
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Ship Management + Yacht
Ownership - Modern ship and pleasure craft registration
locations provide low-cost registration fees and tax exemption
income derived from shipping and chartering activities.
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Stock Market Listings and
Capital Raising Exercises - Many large corporations in
economically and politically uncertain countries often diminish
the perception of risk by moving ownership of assets and the
base of their operations offshore.
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Need More Reasons
Why You Should Incorporate Offshore?
Click Here to Read Further
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Whilst
every effort has been made to ensure that the details contained herein are correct and
up-to-date, it does not constitute legal or other professional advice. We do not accept
any responsibility, legal or otherwise, for any errors or omissions.
Please go to our
Uses of offshore Companies Page where you will
find interesting information on the benefits of using offshore companies and trusts for
business and personal use, links to information on other locations and details of our
products and services.
