Scottish Limited Partnerships

Scotland is a country on the island of the Great Britain and a part of the United Kingdom, with most of its laws falling under UK jurisdiction. The same as with the rest of the UK, Scotland companies are incorporated trough the Companies House. Only difference is that the companies usually incorporated in Scotland are called Scottish Limited Partnerships and have a slightly different law behind them.

Here is a great article on the unique vehicle the Scottish Limited partnerships are - Brodies - SLP.

Monaco

           Reasons to consider Monaco as your offshore. Monaco is a low-tax jurisdiction for individuals and certain types of business. Monaco is one of the top countries for creating an offshore business. With its low corporate tax, private banking and available information Monaco is the country of choice, if most of your business is going to be conducted within Monaco.

Could Latvia be one of the countries to join the growing list of offshore companies?

Today i found this blog about company Baltic Legal offering all kind of services. The service that cached my eye was the company formation one. They have offered company formation in Latvia for quite some time and in the past couple of months they have started to offer a variety of countries of choice for an offshore company formation.

Latvia is actually starting to sound a lot like some other countries of choice for and offshore business. The corporate tax in Latvia is only 15% and there are a lot of banking services to attach to help you with your business management. Incorporation in Latvia takes only couple of days, and there even are may shelf companies available.

I will write a separate article on Latvia as a place to incorporate your company in the future. Right now it may not seem like the best place for tax exemption, but the formation process is quite easy and takes less time than in some other locations.

SEO and the popularity of companies

Having a good place for your business website in one of the top search engines is one of the most important things to attract your clients. You can find great information on SEO and how it can increase the popolatiry of your company here.

Summary of the current offshore country list.

Right now I only have made articles in my blog about only a couple of countries and there are a few reasons for that, the main one is that the list is manly for the best countries to do business around Europe. Another may be the time it takes to make a nice blog about a topic that has to be examined quite toughly takes some time. As my research goes on, I shall find more information about every of the listed counties and expand the list to make sure that there is a country in the list for every type of business needs. As I mentioned in my previous article I'm still researching the future of offshore company formation and trying to determine if there even is one. To that question I can answer already, at least for the couple of upcoming decades there is, because most governments don't care enough to monitor the activities of the companies registered in their countries or even are happy to have them there. Because if any tax has to be paid the country of origin, meaning that having a growing company count that bring some tax money in to the country is always a great way to grow the economy of the country in question. So that there would no be any benefit to place laws in place to disallow such activities.

Dubai

I see a lot of places on the internet suggesting Dubai as a great place to form an offshore company, but most people don't know that there is a better alternative in the United Arab Emirates. Although Dubai has a very stable economic system and is one of the richest places on the face of the Earth, it doesn't serve the great purpose as an offshore as it used to.

Updates to the best of offshore

As time goes by, so do a lot of other things, now days almost all of the paper work is moving in to the online world. Reducing the time of legal document formation, review and validation of them. In no time at all we will probably be able to form a company without even going over our doorstep. This means that the countries that adapt the fastest to the changes of the business world will be most popular for the business world.
In the upcoming posts in my blog about offshore companies and their formation I will try to analyze and suggest the most viable countries right now and countries that will be most suitable for your line of business need's in the future.
That's it for my blog today, will go on and do as much research that is humanly possible for a day and keep you all updated thought my research encounters.
As always have a great week, and happy blogging.

Hong Kong

Becoming the financial center in Asia, Hong Kong is now one of the best places fort your business. Honk Kong now is one the world cities and has became a big part of the global economic system. Hong Kong became the first Special Administrative Region of the People's Republic of China right after its separation from the British Empire as one of its colonies. The beautiful skyline of the city of Hong Kong is one of its most profound features. If you like huge masses of people, that keep most to them self, Hong Kong is the place to visit.

Panama

The republic of Panama is a country between north and south america. Having an tropical climate and some stunting mountain ranges, its still mostly know for the Panama canal, witch connects the Pacific ocean to the Atlantic ocean true the Caribbean sea. And is easy to understand why, having the largest economy of central America and most of its coming from the tool taxes on transporting goods true the canal it self.

Company formation in Panama

Panamas offshore companies are as great as the other companies in other countries, especially if you are looking for a company with rely low share capital, privacy especially if your the shareholder of the company, and easier management than in most other countries. More information on Panama offshore companies.

Over all Panama is a great place for your business, you don't have to pay any taxes except for the annual government fee. Its easy to run your company even if you don't want to reside in Panama. All of these aspects make it a great place for incorporation.

British Virgin Islands (BVI)

One of the 16 inhabited islands of the 40 in the Virgin island archipelago. Located in the Caribbean, having a stable economy and great weather making it yet another place perfect for tourism and business. Being a British overseas territory, its a monarchy under the control of the queen of england Elizabeth II.

Gibraltar

All that most people know about Gibraltar is that it is a large rock, because there is nothing more to Gibraltar than a large rock and a densely populated area at its feet. But there's more to Gibraltar than just meets the eye, its also a popular place from where to run your business as long as most of it is going to be conducted outside Gibraltar it self and the owners of the company wont reside in Gibraltar.

Advantages of forming a non-resident company in Gibraltar

The company holders and managers may reside anywhere in the world except Gibraltar it self. As long as this condition is met the company in Gibraltar is free of almost all corporate tax. The time it takes to form a new company in Gibraltar is around 2 weeks but there are many ready made companies allowable to suit your business needs.

How to get started?

If you have the time to wait 2 weeks and make all the documents needed to incorporate a company in Gibraltar you could go true the process yourself, but there are already many company that offer this service for low fees and will make this process a lot easier for you like Baltic Legal - Gibraltar offshore or any similar company.

Cyprus

Cyprus is an island country located in the Mediterranean sea well know to the tourism industry. The main attractions to tourism in Cyprus are sunshine packed beaches and stunning mountain ranges. Cyprus also exports various goods and some portion of it GDP comes from the sale of real estate.

Offshore company in Cyprus

Since becoming a member of the Europe Union in 2004, Cyprus has been the place to create a company for business in Europe. The main advantages for company formation in Cyprus are one of the lowest corporate tax in Europe, fast and easy company incorporation and the fact that there are companies that will help you form a company in Cyprus with ease.Baltic Legal - Cyprus company is a great example of a such company.

Banking services

Cyprus banks also provide services for non resident accounts, more on this in the future.

All of this making Cyprus a perfect place to create a business, and also the great weather and many tourist attractions and large airways traffic making Cyprus a great place to travel to and spend your free time.

United Kingdom

United Kingdom is a country consisting of couple of islands. UK is mostly know for its rainy weather, British television, large buildings such as the London bridge and Big Ben:

London bridge

Big Ben

Offshore companies

What is an offshore company?

Offshore companies in some countries know also as tax heavens, are branch companies that are usually created in a country where due to different laws tax may be partially or fully exempted. There are also many other benefits of an offshore such as international trading, asset protection, captive insurance, property registration, and legal tax avoidance, protection of intellectual property.