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.

Is it hard to create an offshore company?

No. There are many law offices available around the world to help you with your offshore creation. Like Baltic Legal - Offshore companies and many others. 

Managing a company

Usually the company you choose to help you with your company creation will assist you on this subject. In most countries that are recommended for an offshore company its only required to pay a yearly fee and issue an annual file failings. 

Where to create an offshore company?

Vast country list is available to chose from. I recommend one of these countries for your offshore:

• United kingdom
• Cyprus
• British Virgin Islands
• Hong Kong
• Dubai
• Panama
• Gibraltar

Usual types of an offshore company

LLC (Limited liability companies)

JSC (Joint stock companies)

IBC(International business company)

In order to choose the right country for your business, you have to know of specific benefits of each country. In future i will write an article on every one of the countries in the list above. More information can be found here.