An offshore company is a legal entity that carries out activities outside the borders of incorporation

Offshore Company Formation is a term commonly used for the process of structuring an international tax planning and or asset protection.
It should be pointed out that, the use of offshore strategies includes both tax havens and onshore financial systems who are competing against others, using all systems and new regulations, in order to gain share of international companies and individuals ready to invest and relocate thanks to the new tax or company laws approved.
Think one moment about Luxembourg, Uk, Netherlands, Switzerland, Ireland:
Those are Onshore financial center where policymakers have enacted all tricks in terms of tax and corporate law, in order to attract foreing capital flows:

Tech company tax benefits

R&D strong dedictions

Start up tax exemptions

Holding company favourable taxation

Voting share advantages

Dividends, Interest and royalities tax advantages

Business income tax reductions

Why do you think, for example,  every tech giant is in Rep. of Ireland?

Incorporate an offshore company or move your running business overseas is a clever next step in the process toward saving tax and gainig privacy in a legit way.
There is actually a big misconception, created by uninformed media who publish uninformative articles where: offshore business is criminal and it’s all about evading taxes and hiding money from the government, this is absolutely untrue.
There are many 1000% legal strategies for structuring your international and offshore business and achieve visible benefits, in terms of tax reduction, asset protection, cost and compliance reduction.
If this was not true then why Apple, Facebook, Amazon, Google, for example, and hundred of other companies have cut their taxes by billions of dollars in a fully comply and legal ways.
You also can benefit for living in a globalised economy!.

Offshore company advantages and disvantages:

Planning of international corporate or fiduciary trust  structures has many  reason and advantages.
Generally individuals and corporations who use offshore companies and strategic international planning mainly wish to achieve:
– Reduction of overall taxation
– Protection of assets form potential creditors
– Increase privacy
– Gain Banking privacy
– Diversifying investments for inverted correlated countries
– Hedging against inflation risks, in a world on low to zero interest rates
– Reduce administrative costs

Offshore companies are an extremely good business instrument for

– International Tax planning
– Holding companies
– Financial services
– Services and consultancy
– Trading and Brokerage
– Global Investment
– Yatch and Jet registration
– E-commerce

If you do a research for “offshore company” and you’ll find thousands of websites promising a quick company formation in Seychelles or the British Virgin Islands, or whever you want, their goal is to sell a product / service and not to offer some real advice on international tax planning and offshore company set up and maintenance. They live comfortably abroad and don’t care care of the problems that their solutions may cause to you.

They’re just reseller or at the best registered agents, and so they’re not  licensed professional experts  in international company law and taxation.

Be aware that laws change quicky, OCSE and governments are increasingly aggressive at proposing new laws and exchange of informations.

It should be pointed out that:

it’s fundamental that you select carefully your offshore service provider. The first and most important thing is that you ask for advice from a qualified cpa or tax attorney specialised in International taxation.

Being an international taxation and corporate law professional means firstly being able to provide the best solution in the exclusive interest of the customer: Even if it means not to sell anything!

The trick is being able to provide customers with personalized and innovative ideas to save on tax and help them to reach their goals of prosperity, stability and privacy.

It must be assessed through an extensive examination of the following key factors