What is an offshore company
An offshore company is a company which is an entity which is formed, registered, established or incorporated outside the country of residence of the principal.
Reasons for establishing an offshore company
If your involved in the areas of financing, holding, investment, Patent or Royalty and copyright holding, ship owners or ship management, yachts, trading or are a healthy individual that is looking to optimise his personal and corporate tax planning then an offshore company would be an option worth looking into.
By establishing an offshore company the shareholders can enjoy reduced costs and taxes, utilise the potential investment incentives of the Jurisdiction, maintain increased protection on assets and work through less bureaucratic jurisdictions. There are many other advantages of having an offshore company such as increased privacy and asset protection.
Below you will see a table which compares commonly used jurisdictions for incorporation and operation of an offshore company.
Through our international associates Demetris Ch. Demetriades LLC shall assist you in choosing the most favourable jurisdiction to establish an offshore company based on your needs. We will further assist you with all the necessary documentation and offers further services such as bank account opening.
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