When thinking about asset protection and tax shelter, offshore companies and trusts are among the best ways of protecting wealth. » offshore
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A few examples of using your offshore company
Using an Offshore Company you can legally avoid or minimize your taxes.
Some countries (like Belize, Gibraltar etc) do not tax their companies in case they
work and earn income outside of the country. In this case a company only pays fixed
annual fees, has no obligations towards the tax authority of the country and therefore
is entirely free from bookkeeping.
Money in your Offshore Company's account - is money in your pocket, you can use
it as you see fit. How exactly to use your Offshore Company depends on the type
and location of your business.
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