A few of the advantages of offshore incorporation include low tax, location of your business, discretion, negligible accounting, auditing, assets ownership, property and lawsuit protection. For more information, contact one of our Offshore Specialists at Atrium & Associates Ltd.
Low Tax
One of the main advantages, as well as probably the most talked about one is tax!
All business owners are always looking for methods to lessen their taxes as this area of a business can become the major burdens. Normally, offshore company BVI is tax exempt or else pay little tax in the country of incorporation. For instance numerous beneficial owners use offshore companies as holding companies, to obtain dividends.
Companies can also profit from importing or else exporting within an offshore location. An instance of this includes, receiving orders straight from the customer as well as the purchased goods being sent from the manufacturer. This would facilitate the profit from the trade to be either tax free or else low tax. When selecting the correct location be conscious of the tax as well as choose a place with good shipping facilities.
Numerous of these countries petition to shareholders or directors due to their low management costs - Atrium & Associates Ltd work hard to keep all costs rational and enormously competitive. This permits our clients to focus on the more imperative aspects of their business.
Location of your company or business
If you are a small corporation and your trading premises are not the most perfect location, incorporating offshore could be your answer. Having an overseas or Offshore Company gives the idea that your business is positioned overseas, having a registered office that is merit shouting about.