Interest in establishment of offshore companies has been popularized for a number of reasons including asset consolidation, ease of administration, inheritance matters, and by the ability of the offshore company to mitigate taxes to its shareholders and beneficiaries.
Residents of countries with high tax rates may be able to reduce the tax they pay by arranging for profits to be attributed to a company incorporated in a territory which does not tax the income earned outside of the territory. There may be substantial benefits obtained through moving your business and assets into an offshore entity.
Determining the most appropriate venue to establish business operations in order to remain competitive in the market is vital. Key factors to be considered include strategic geographic positioning, an offshore-friendly and stable economy, low overhead and well developed infrastructure, transport and communication services, and specific knowledge of the regulatory restrictions in each jurisdiction. SAGE Corporate can guide you through the decision making process based upon your requirements and business objectives.
For information on other Offshore Company options, please do not hesitate to Contact Us