The Offshore company

What is an offshore company?

The term offshore company or non-resident company is used to refer to the investment of capital abroad, usually in a tax haven, to maximize its financial resources and, in the field of business management the term offshoring means relocation of service activities of a company.

Areas with special tax or "tax havens" are practically born with the tax and have existed since antiquity. They know from the second world war accelerated development.

Among 60 to 90, tax havens or financial micro-territory or state tax laws to mild or absent. One of their characteristics is to practice hospitality and anonymous unlimited capital.

The phenomenon of tax havens is of considerable magnitude: it is estimated that these centers drain more than half of assets held outside border for a total of over 5000 billion. More than 4000 offshore banks are located there, and there are also more than 2.4 million shell companies.

Please note that the creation of an offshore company is not to be taken lightly. You should contact a professional and focus on the safety of the installation.

In addition, an offshore company should ideally be made in a country or jurisdiction in which you do not hear much about. Avoid places like Panama, Belize or too exotic places. Similarly, Delaware should be avoided if you have to charge your customers with this company. Other states are just as effective and much more dicret.

An offshore company for which industries?

- Investors, traders (individuals and professionals)
- Real Estate Investors
- Individuals and professionals wishing to protect their assets (movable, real estate, art objects ...)
- Professional Marketing and Communication
- Financial Advisors
- Artists (musicians, athletes, entertainers, etc.).
- Crafts of expertise
- Trades councils, consultants
- Trade on the internet (ebay sales, affiliation, etc.).
- Webmasters
- Computer graphics
- Programmers
- IT security

Legal forms:

- LLC (Limited Liability Company)
- Corporation (Corp., Inc., Ltd)
- Sole proprietorship
- Partnership
- Limited (Ltd)
- IBC (International Business Company)
- Holding
- Trust

We will detail these legal forms in a future article.