Hong Kong companies are being used because of following advantages: 1.) British legal system as background 2.) Very low tax rate (around 16,5% on net profit) 3.) Tax exempt for income not incurred in HK 4.) Beneficiary owner’s identity can be hidden from public company record by using Nominee service 5.) No restriction in fund transfer…
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DOCs (Dubai Offshore Company) formation Advantages of forming company in the Dubai, UAE (United Arab Emirates): – No taxes of any sort and no tax department (except for the oil producing Companies and branches of foreign banks) – No filing of account – No taxation information exchange agreements with other countries – No public record of…
Advantages of incorporation in Delaware 1.) A Delaware LLC may be owned by any national, regardless of place of residence. 2.) A company in Delaware may have one or more members. 3.) Nominee members can be used not to disclose the owners’ names to the state. The Delaware LLC is not required to report any assets.
Advantages of incorporation in Cyprus 1.) The lowest tax regime in Europe 2.) Cyprus has 32 Double Tax Treaty agreements which apply to 40 countries and which can be exploited to minimize tax 3.) Allow nominee shareholder and director structure – beneficiary owner’s identity can be hidden from public company record 4.) A fully member of EU…
British Virgin Islands Business Company BVI Business Companies are highly popular and often used offshore companies because of their administrative simplicity, flexibility, tax exemption status and above all, acknowledgment and recognition by the global financial community. Privacy One of main features of the BVI jurisdiction is confidentiality. Information about company’s beneficial owners, directors and shareholders are NOT publicly available.
BELIZE – INCORPORATION Advantages of the Belize non – resident company registration: Belize IBC is tax-free and exchange control-free Limited Liability Company incorporated under the laws of Belize. All its business activities and earned profit must be conducted outside Belize but the company still keeps all the benefits provided by law. Belize IBC is often used by individuals involved…
Offshore company?! Do I need one? Offshore business and company are the words with no definite legal or general meaning. In plain words, offshore means “anywhere other than the place of physical location of the person using this word”, in other words – overseas. Offshore business and company are mainly used in relation to the subjects such as…