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An offshore company is a legal entity established in a tax free Jurisdiction or an offshore financial center situated in any part of the World which is also being protected by specific legislation which guarantees a status of full tax exemption.
100% Foreign Ownership of the Enterprise
You can have the privilege of the Registered Office Address for your company(It will be the Registered agents Address) without having a Physical Office.
You can buy Properties anywhere in the World under Offshore Company.
This would be a “Limited “Company having any amount of shares.
You have the liberty to Open Bank accounts with Multi currencies.
This can be a Holding Company.
Open an Offshore Bank Account with Multi – Currency benefits.
Mostly the Offshore Companies are accompanied by having an Offshore Account with it. All major International Banks support offshore banking. We can even say “Offshore Bank Account” and International Bank Account” are identical. Mostly preferred to be called by bankers as International Bank Account as the term “Offshore” straightly relates to an isolated jurisdiction other than the Account holder resides.
Offshore Company and Offshore Companies are majorly popular in the Countries where there is Heavy Local Personal and Corporate Tax on Individuals and Corporate. In Certain Countries like Britain the International Bankers motivate all the expats to go for an Offshore Bank Account for Various reasons like
Tax efficiency or Minimal tax on their savings.
Completely Anonymous
More Flexibility and convenience in handling Accounts
Secured Location for parking their Personal Funds/savings
For Corporate entities these Offshore Accounts are used to conduct International Business by having Multi-Currency facilities and to park their funds where there is Minimal Tax for their earnings or No Tax jurisdictions. Some Corporate they use these Offshore Companies to act are the Holding Structure or a Special Purpose Vehicle (SPV) for its Group Companies. It also serves as an Asset Protection Platform to High Net-worth Individuals and Huge Corporations in Local and in Abroad. Certain Jurisdictions allow the Registration of Aircraft, yacht and ship under this Offshore Companies.
Offshore Companies or International Business Company with Bank Accounts
Offshore joint venture or the Offshore Partnership
Offshore Trust Account
Offshore Private Foundation
Trusts are ideal structures to help protect and enhance wealth. They provide continuity and are an excellent way to aid with family and estate planning and business exit strategies. There are many reasons to settle a trust. Some of the reasons are wealth planning and protection, inheritance planning, mitigation of taxes and many more. Our Trust specialists have profound experience in providing premium trust and fiduciary services to leading international corporates and high net worth individuals. Depending on your circumstances, location and requirements, we can provide a variety of trust and fiduciary solutions or corporate structures, or a combination of both, to help you achieve your financial and asset protection goals.
Along with company formation services or separately we can provide you a legal and specialist assistance to open corporate or personal bank accounts in many jurisdictions, including UAE, USA, CIS, Europe, Singapore and other countries.
