What makes an offshore company distinct from a domestic company?
Unlike companies incorporated in an individual's or a corporate home country, an incorporated offshore company may offer the owner:
- Low or zero taxation in the country where the company is incorporated
- A greater degree of privacy
- Reduced administrative costs
- Protection against local political or financial instability
These features make offshore companies ideal structures for structured holding companies, looking for fiscal and ease of doing business benefits, as well safeguarding an individual's privacy, protecting personal wealth, minimising tax and maximising profit.
Offshore Companies are usually used for Investment Holding, Trading, Property Investment, Financing, Patent, Royalty and Copyright Holding, Entertainment, Consultancy and Professional Services, Ship Management and Yacht Owning, International e-commerce Operations and any other qualified global business as approved by the regulator.