Offshore company called independent legal entity conducting economic activity according to the laws of the State in which it is registered.
To date, tax breaks for companies offering more than 60 countries. In fact, the offshore company is not obliged to report on their activities, are free to operate in cash in any currency, and actively using legal tax optimization schemes.
Types of offshore companies
The most frequent offshore companies closed, structurally similar to the Russian Company, Open, and an unlimited company.
Depending on the type of activity, there are several types of offshore companies:
Investment funds and companies
Such companies is the accumulation of capital and its placement in bank deposits discovered in offshore banks. Interest accrued on the balance of the deposit , are not subject to taxation. Most often, the company's investment focus is registered in Hong Kong, the British Virgin Islands, Bahamas, Singapore.
Holding companies
Quite often, the company that owns the property rights trading patents, copyrights, or shares of other companies registered in offshore territories. In this case, branches and units of the holding company are able to accumulate capital, forming it of interest, are exempt from income and corporate taxes. The registration of offshore holding companies often becomes Switzerland, Luxembourg and Liechtenstein.
Trading companies and representative offices
You can register a trading company in any offshore jurisdiction.
Insurance Companies
Practice offshore insurance companies is widely used by large enterprises that seek to minimize the risks of its subsidiaries. Open such companies mainly in the island of Guernsey, in Uruguay, or the Cayman Islands.
Shipping company
Offshore Shipping serve to minimize the direct and indirect taxation of shipping. The best conditions for an offshore shipping company established in Liberia, Cyprus and Panama.
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