offshore company formation

Why BVI Offshore Company Formation are Attracting Big Businesses

More and more businesses are interested in BVI offshore company formation because over the years, it has proven time and again to be an ideal location. First of all, it provides assets with maximum security, including the ability to relocate domiciles, and the company directors can protect those assets by moving them to another firm.

 

Additional Asset Protection

Aside from those mentioned above, company directors can move assets to another foundation or partnership, or consolidate with another corporation in a compliant jurisdiction. Furthermore, international companies are exempt from stamp duty and local taxes, and BVI bearer shares provide anonymity and confidentiality. Continue reading

Use of Offshore Company formation for copyrights, patents and royalties

Most people do not really know what offshore companies are and what they are for. And even those who have a working knowledge about offshore company formation & registration know very little about its use for copyrights, patents and royalties.

 

What are Copyrights, Patents and Royalties?

Copyrights protect certain forms of intellectual properties such as books, songs, software and so forth. Patents protect an inventor of a certain instrument, device or machine. Royalties are the sums paid to a holder of a copyright or invention. Continue reading

Offshore Company Formation Benefits Professional Service Providers

The success of modern businesses can be attributed to the deployment of the expert, skilled, and thoroughly experienced professionals. Whether they be legal, financial, or administrative professionals, the services they provide are indispensable to a company’s success.

 

True Professionals are Highly Paid

There is no shortcut to being an expert in a certain field. Much study and experience are needed before a professional can build his portfolio. Thus, you can’t expect him to provide his services in the cheap. Continue reading

Why Should you Register a Company Overseas?

Whether you’re planning to setup a new business or open a branch office, Hong Kong remains to be one of the best countries to do so. This place is famous as a go-to location for different types of offshore company formation. It’s also one of the leaders in finance and business, which would mean it’s an excellent jurisdiction for business incorporation.

 

For many company owners, Hong Kong is a fertile ground for a business that specifically targets the Asian market. Aside from the truth that Hong Kong is known to be politically stable, it is likewise a great place for the company to secure its wealth.

 

The following are some notable reasons why establishing a business should be done overseas: Continue reading

How an Offshore Company Formation can reduce Tax

One thing that is permanent in this world is taxes and more taxes. That is the reason why you can’t blame the top 500 Fortune Companies to use offshore companies to somehow reduce the tax they are forced to pay in the countries where they operate.

 

Tax Reduction is Mainstream

 

A report by two public advocacy groups in the United States revealed that as of 2013, over 70 per cent of Fortune 500 companies maintained offshore companies in tax haven countries just to reduce the tax they are required to pay to the U.S. Treasury. Continue reading

Big Companies Fleeing the United States for Tax Reasons

Offshore company formation is a very old tax trick that businesses, big and small, have been using since time immemorial. However, in recent times, all kinds of taxes are being exacted in the United States forcing an increasing number of businesses to search for tax havens such as Hong Kong and the Cayman Islands to reduce their tax obligations.

 

Seeking Help from Abroad

 

It is ironic that when many countries all over the world are reducing their tax rates, the reverse is happening in the United States. This tax related issues are taking place as the U.S. Congress remains to be unwilling to lower the tax rate to 35 per cent. Continue reading