Sitemap  Home
Company Profile Newsletter Contact us Company Download  >>繁体中文 >>简体中文  
 
 Company Profile
>>You are here: Offshore Applications
  Offshore Applications
Going Offshore: Motivations

The motivations for individuals and corporations to utilise offshore planning and offshore companies include the desire to:

? Reduce tax

? Protect assets

? Manage risk

? Maintain privacy

? Avoid bureaucracy

? Reduce costs

? Enhance assets.

Going Offshore: Reasons

More broadly, the reasons for going offshore and utilising offshore companies for tax planning and offshore business include:

? Free remittance of profits and capital

? Access to top-rated debt history jurisdictions

? Access to tax treaties

? Security of property rights

? Accessing low cost areas

? Banking privacy

? Availability of offshore experts

? Access to foreign insurance and reinsurance

? Enhanced privacy

? Customs and duty exemptions

? Exchange convertibility

? Government cooperation

? Fair treatment

? Territorial taxation on foreign income

? Fewer restrictions

? Sanctity of contracts

? Foreign investment inducements

? Tested legal systems

? Higher yields and returns

? The availability of sophisticated banking facilities

? Reduced taxation

? The search for political stability

Uses of Offshore Companies

The principal uses of offshore companies are:

? Trading

? Investment

? Holding

? Financing

? Professional services or consultancy

? Patent, royalty and copyright holding

? Ship management and yacht owning

? Personal and corporate tax planning

 


 
  Copyright ©2003-2006 Acorn Business Services & Consultancy Ltd. All Rights Reserved.
                        Power by I-today Technology Development