Frequently Asked Questions
Who most needs an offshore company?
There are various individuals and companies who might benefit by using offshore structures and companies. In general a businessman will create an offshore company in order to start working without having to deal with all the administration and paper work necessary by some onshore jurisdictions. Offshore companies are much easier to manage and will reduce or even completely cancel paying taxes depending on the jurisdiction you are operating from.
A lot of our clients require offshore companies when dealing with international trading, are acting as consultants, trading in e-commerce or use offshore companies as holding companies in order to hold several of their assets (yachts, planes, houses etc.) or even to register their trade marks, domain names and patents.
Additionally, an offshore company may be used as a means of avoiding inheritance tax laws. In order to optimize inheritance tax liability, the offshore structure may also combine a trust or foundation.