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Reduce company overheads by incorporating your company offshore

By Ademholt Subscribe to RSS | July 11th 2012 | Views:

Offshore Companies are highly tax efficient and can reduce company overheads of any companies making £10,000 worth of taxable income. Offshore there is no inheritance tax, no capital gains tax and very little income tax to pay.

An offshore company can be aresident company,a non-resident company or an exempt company and is a firm which is incorporated in a foreign jurisdiction, away from the country it is actually operating in. Those who set up offshore business companies can do so for privacy, asset protection, tax saving and the reduced incorporation fees offered by different tax jurisdictions.

Offshore consultants can help explain the often complicated offshore structures and can offer legal offshore consultancy services and advice. Offshore Consultants specialise in;

• Tax avoidance

o Offshore Consultants can help you pay little to no tax depending on the jurisdiction chosen.

• Asset protection

o Protection from litigation and pre-nuptial protection. Offshore consultants can even help hide valuable assets from a new spouse.

• Reducing inheritance tax.

o In some tax havens there isn’t any inheritance tax

As Offshore Consultants can reorganize your company to make it more tax efficient, they can significantly reduce company over heads. There are many other benefits of offshore company formation including anonymous beneficial ownership allowing an owner to protect their identity without compromising the company’s efficiency.

When incorporating your company offshore it’s important to consider the pros and cons of the foreign jurisdictions available. When choosing a jurisdiction banking secrecy, currency restrictions, political stability and how much tax is payable are all important facts to consider. Offshore Consultants can set up an offshore company in almost any jurisdictions but has its own preferred jurisdictions which include;

• Gibraltar

o One of the most cost effective European tax havens

• Delaware

o An American state offering quick and easy incorporation

• Panama

o A 1970’s law allows for secret bank accounts and efficient tax terms here

• Nevis

o A west Indian Island where all income originating from outside the country is tax exempt

You may also consider setting up an offshore foundation to reduce company overheads; these can be set up in Panama and offer complete anonymity along with complete tax exemption, making them very useful for avoiding inheritance tax.

Other benefits of offshore company formation using Offshore Consultants include;

• Offshore bank accounts with a credit and debit card along with on-line banking

• Easy step by step management plans to teach you the most effective ways of managing offshore structures, so you can gain the most from your offshore company.

• Confidential offshore tax planning to lessen your income tax burdens

Offshore consultants are corporate service providers who have been in business for the past 15 years. They can be contacted for a free offshore consultation. The experienced Offshore Consultancy team will talk with you on a one to one basis to discuss your onshore and offshore needs to see if your company’s tax efficiency can be improved. Setting up your own offshore company is incredibly difficult and time consuming, so to make sure you stay within the law use Offshore Consultants for offshore company formation.

Ademholt - About Author:
Offshore Consultants can help you to legally pay less tax, protect all your assets from creditors and save your family from paying inheritance taxes. Get tax-effective solutions for yourself and your family from Offshore Consultants .Offshore company creation is easy and cost effective with the help of Offshore Consultants.

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