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Why start an offshore business?

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Money Talk > Taxes

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edward222
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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
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christinacco
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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
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anngarnt
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I've read that the barrier to entry to starting an offshore corporation is lower than ever. You can set up an offshore structure in as little as one day, and open a bank account without even leaving your home in some cases.
Post Fri Sep 30, 2016 11:48 am
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Butl
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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
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icoservices
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Thanks for the tip Very Happy
Post Thu Oct 27, 2016 12:33 pm
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shipedgoods
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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
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agness98
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offshore business is always a good idea
Post Sat Jul 29, 2017 9:50 am
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