We at Atrium Associates are dedicated to offer you with the best quality service as well as help you with offshore company incorporation, maintain them and offer consultancy services for you.
What is an offshore corporation, and how to set it up?
· An offshore company registration is a lawful entity formation, established outside the country of residence
· Defended by specific legislation that guarantees full tax exemption, except for for a small annual fee, as well as usually a high level of solitude
· Offshore Company incorporation is a very easy procedure for all of the admired jurisdictions
· You can have a fully lawful company to conduct international business, or to shield your assets, or to avoid tax
How a corporation is taxed?
Due to differing tax rates as well as legislation in each country, tax advantages can be exploited.
For instance, if a Russian Company buys goods for the worth of $100000 from China as well as sells them for $220000, the Russian Company will have to pay chargeable income on $120000.
How a corporation can set up an offshore business in Tax Haven and maximize profit?
The offshore corporation will have to pay tax on $120000 profit, the tax is allocated to the tax authority of the British Virgin Islands plus Since the British Virgin Islands has a corporate tax rate of zero percent, no taxes are owed.
Main advantages of using an Offshore Company
Tax Reducing
Offshore jurisdictions are tax-free environments. There is no business tax, no income tax, capital gain tax, no vat or else sales tax.
Confidentiality
An Offshore Corporation that has been established appropriately will give the owner financial confidentiality.
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