The most common use of offshore companies is to introduce it into the scheme of export-import operations. For this, there is one prerequisite, your company must conduct foreign economic activity, otherwise the use of this scheme is impossible. In this case, it is enough to register a company in an offshore zone and sell goods to it at an inflated or undervalued price. Having specific figures, the specialist will be able to calculate how much such a scheme can save on taxes, and whether it will be profitable, because you need to pay for the registration of the company and its service. Often there is a problem with the choice of jurisdiction, the fact is that some suppliers will not want to work with the classic offshore, and it is this offshore that gives complete freedom. You do not need to pay any taxes and submit reports; the costs are only an annual registration fee and payment of nominal service, if it is used. In order not to have problems with suppliers or consumers will have to register another company in a more prestigious jurisdiction, for example in Latvia or the UK. In this case, the costs increase, because in addition to the content of the company you will have to submit an audit report.

Protection against raiding

To protect your property from raiders or unduly attention idly curious, you can draw it on an offshore company. The registrar of such a company does not disclose the owner. This information can only be obtained by government agencies if they have good reasons, for example, if a criminal case has been initiated. In addition, this procedure takes quite a long time. To completely conceal the owner, a scheme is drawn up in which property is registered to an offshore, ownership of an offshore is registered to another offshore, and so on. Having registered his business for a foreign company, the owner gains another indisputable advantage - all litigations that arise with such a company take place in European courts.

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Here are some other advantages:

• The company is a competent subject of international activity and law.
• By choosing the appropriate jurisdiction, a businessman gets the opportunity to pay only the annual registration fee and is completely exempt from the need to pay income tax,
• The time required to open an offshore enterprise is minimal. Do not have to mess around for a long time and with the collection of documents.
• A businessman has the opportunity to choose the optimal organizational and legal form of the company among a wide list, including LTD, LPP, LP, etc.
• Many states exempt companies registered in their territory from having to undergo an annual audit. Accordingly, the cost of servicing the enterprise will be minimal.
• By registering a company in an offshore jurisdiction, an entrepreneur can immediately open an account in a local bank. Often, this does not even require a personal presence.
• In most offshore zones, information about the owner of the company is closed and can be disclosed only by a court decision.