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Starting a Business in Offshore

Offshore

Starting a Business in Offshore

Offshore Business Experts

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  1. Business Structure?

    I run a art business within the UK and have received a lot of interest from australia. Due to the demand, and of course the lifestyle i am seriously thinking of migrating my business over there. Can anyone please advise what form my business should take?

    Total Posts: 7 Last post by JohnConrad

  2. BUSINESS FUNDING

    Hello Dear,I am obliged to open this vital business discussion with you for a possible investment partnership.We have the capacity to provide direct business funding for large investment projects from the network of wealthy Arab Businessmen and also from the Royal Household Investment Group.Our investment capital for Europe and Asia is over USD$640 MILLION Dollars and we have the funds right

    Total Posts: 3 Last post by JohnConrad

What is an Offshore Company?

The term “offshore” was termed in the 1980’s and is used to describe a jurisdiction or country that provides corporate and commercial services to non- resident companies.

They are usually small, with financial centres hugely disproportionate to the population, and the attraction for companies and investors is the climate of low tax coupled, in many cases with privacy.

Today the most popular offshore jurisdictions include:

  • British Virgin Islands – the largest number of registrations
  • Bermuda - probably best known for aircraft registration.
  • Cayman Islands - which has the most assets under management in offshore funds,
  • Jersey - popular with the banking, fund management and professional services sectors.
  • Luxembourg
  • The Bahamas has a considerable number of registered vessels.
  • Panama is a famous international maritime centre.

The main reasons companies choose offshore company formation include:

Many corporations include lots of individual and separate companies. It might be sensible for this type of organisation to register offshore simply as an asset holding vehicle.

Companies doing business in politically or financially unstable countries may choose to incorporate offshore to avoid risk, and protect their assets. This also applies to countries where it is not easy to get the money out, or where exchange rates might make business (and profitability) difficult to predict.

Companies involved in complicated financial dealings will also opt to register offshore for a variety of reasons, not least to keep the financial regulations simple.

Offshore jurisdictions are frequently used to set up joint venture companies where two or more organistions from different countries (with different legislations) need to set up a separate entity.

Successful companies who want to become a public company will choose the offshore company formation option to enable them to be listed on the relevant stock exchange.

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Organisations that can assist with Starting a Business

  • > Redesmere

    Caught out by Brexit? Concerned about Trump’s unpredictability?

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  • > TBA & Associates

    TBA & Associates – Tax Business Advisors Ltd is a leading provider of Tailor-made solutions for wealth preservation and Tax efficient structures To facilitate cross-border transactions

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  • > Blue Marble Global Payroll

    We do payroll there. We can do it anywhere. Many companies with global employees find that payroll can be a stressful part of doing business overseas. Finding a reliable payroll company, faxing and emailing multiple payroll spreadsheets each month, and treasury management are just some of the obstacles

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  • > Worldbox Business Intelligence

    Worldbox is a long-established and trusted provider of business, due diligence and credit information.

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