Home     Forum     401k     401k Rollovers     Crypto Forum
    Register   Login   Members   Search   FAQs     Recent Posts    



Why start an offshore business?

Reply to topic
Money Talk > Taxes

Author Thread
edward222
Contributing Member


Cash: $ 9.75

Posts: 47
Joined: 06 Apr 2015
Location: USA
Why start an offshore business?  Reply with quote  

The offshore financial sector is larger and more pervasive than any individual national economy, and it is used by business in many different ways to optimize tax structures. Currently, more than half of the world's money is offshore. The advent of the Internet opens up new and even more interesting possibilities.

Those days when offshore legal entities were for super reach people and large enterprises are over. Offshore legal entities and bank accounts become more affordable and easier accessible than ever. It has created a very strong demand from two new group of customers.

First group includes middle class individuals, who would like to preserve their hard earned wealth by moving their assets offshore. Doctors, engineers, corporate managers, nurses, etc. buy properties and move to low tax jurisdictions upon retirement.

Second group consist of middle- and small-size businesses, which conduct business internationally. Import/export companies, companies offering their goods and services online, consulting companies with international clientele are the most frequent buyers of offshore legal entities.

When choosing companies that offers offshore company formation, people should
choose trusted and big companies like Ocra, Offshore Direct and Offshore Company. They are the leading companies in offshore business and are expected with quality service.

Hope this information will help you guys Smile
Have a nice day all.
Post Mon Apr 20, 2015 9:05 am
 View user's profile Send private message
christinacco
New Poster


Cash: $ 0.40

Posts: 2
Joined: 07 Jun 2016
Location: Ukraine
 Reply with quote  

Speaking about the offshore scandal in Ukraine. During the press conference, which was being held, on June, 3, President of Ukraine Mr. Pososhenko dispelled all the rumours that he had planned to sell his company Roshen avoiding paying taxes in Ukraine. He stressed that moving his company to a country with British Law was a requirement of Rothschild Foundation, to a blind trust of which Mr. Poroshenko was planning to pass it. Is it a fact or a made-up excuse? I don't know, is it even legal for state officials to have offshore companies?
Post Tue Jun 07, 2016 7:11 pm
 View user's profile Send private message
Butl
Preferred Member


Cash: $ 36.40

Posts: 172
Joined: 09 Jun 2016

 Reply with quote  

It is a very nice opportunity to earn good money these days. I have some kind of offshore business too. I make some goods in China than I import them to Canada with the help of the service from https://clearit.ca/canadian-customs-broker-blog/ It is a really good way to make money and the business is great
Post Fri Sep 30, 2016 2:12 pm
 View user's profile Send private message
icoservices
First Time Poster


Cash: $ 0.20

Posts: 1
Joined: 27 Oct 2016
Location: Kuala Lumpur, Malaysia
Tip Canada  Reply with quote  

Thanks for the tip Very Happy
Post Thu Oct 27, 2016 12:33 pm
 View user's profile Send private message Visit poster's website
shipedgoods
New Member


Cash: $ 1.20

Posts: 5
Joined: 16 Jan 2017
Location: USA
 Reply with quote  

Now a days offshore companies scandal very popular in Pakistan. Prime Minister of the country under the inquiry of Supreme Court of Pakistan. Peoples shifting too much necessary and important things from country via www.oship.cc, because there is uncertainty in market.
Post Mon Jan 16, 2017 6:23 pm
 View user's profile Send private message
agness98
First Time Poster


Cash: $ 0.20

Posts: 1
Joined: 29 Jul 2017

 Reply with quote  

offshore business is always a good idea
Post Sat Jul 29, 2017 9:50 am
 View user's profile Send private message
Dankore
Preferred Member


Cash: $ 34.60

Posts: 168
Joined: 26 Jun 2017

 Reply with quote  

This actually has a lot of advantages. Sometimes this is the only way to make some transactions or provide some services to other countries. I know that you can get a service for registering your business around the world. For example, companies like mine were created thanks to the open company Latvia service. These guys were able to prepare the necessary documents very quickly, they have extensive experience in this, so they don't make mistakes.
Post Fri Nov 13, 2020 2:39 am
 View user's profile Send private message
vaduvala
Senior Member


Cash: $ 130.10

Posts: 665
Joined: 27 Feb 2018

 Reply with quote  

Offshore outsourcing is the process of relocating your office jobs to countries with lower labour costs but equal expertise, like the Philippines. This involves setting up a remote staff who will perform some, if not most, of your job functions so you can focus on the core of your business.
The main difference between onshore and offshore is that offshoring involves getting work completed in a different country. Onshore refers to giving work to an organization in the same country you reside in.

what is a telecom technician? - Fieldengineer
Post Fri Nov 12, 2021 4:24 pm
 View user's profile Send private message Visit poster's website

Goto page 1, 2  Next
Reply to topic
Forum Jump:
Jump to:  
  Display posts from previous:      


Money Talk © 2003-2022

Crypto Prices