Main purpose of the offshore business?

According to recent estimates by international experts share of offshore business in the global economic system has increased significantly.

Currently, more than 50% of the capital placed in companies and banks offshore countries. What is offshore business so attractive to entrepreneurs?


First of all, tax havens offer special tax regimes for foreign companies that do not do business at the place of registration. Because of this, companies and entrepreneurs are able to legally optimize their taxes. Among the major tax benefits - reducing income tax rates, the lack of annual tax and minimum reporting requirements. Instead of multiple taxes, offshore companies only pay a certain annual fee.

The second advantage of the offshore business is a high degree of confidentiality. For information about the founders, the financial performance and other data will not be shared - it is fixed in law. Offshore out all movements of funds for personal or corporate accounts are monitored and controlled.

There conditional limit the amount of deposits at which data on your savings become the object of attention of state tax services. In the offshore business is out of the question - the implementation of any financial transactions are conducted in strict secrecy.

Among other advantages of offshore business include:

    * Legally guaranteed protection of all the financial savings
    * Protection against inflation
    * Limited liability
    * The possibility of reducing the cost of the company's activities
    * Simplified system of exchange controls
    * Full support of the current
    * No restrictions on import and export operations
    * Minimum reporting requirements and the availability of permits

Thus, the offshore business has advantages and enables companies to conduct successful business with minimal risk and cost.