The term “offshore company“ cannot be universally or easily defined but is very often used in connection with a company, the headquarters of which is in a so-called tax haven or in a jurisdiction with a preferential tax regime. Incorporation of an offshore company provides effective manner of optimization of your business facilitating costs reduction and giving an opportunity to trade freely on the international market.
Along with the abovementioned, offshore companies offer the following benefits (considering a particular jurisdiction):
- Anonymity and protection of property
- Tax advantages
On-shore / Non-offshore
The remaining jurisdictions with no preferential regime (mainly in terms of taxation and anonymity of ownership) are simply defined as on-shore or non-offshore jurisdictions. What are the reasons to opt for incorporation of a company in these jurisdictions?
- Stable legal environment
- Business opportunity in developing economy
- Cultural proximity of the country
The boundaries between the offshore and non-offshore companies, however, may be linked and cannot be determined accurately. The official binding definition does not exist and there are only opinions that outline only certain characteristics. Some on-shore jurisdictions can therefore also offer tax benefits in certain aspects, such as zero taxation of dividends, etc.
We are seeking to create bespoke companies for accomplishment our clients´ needs. Please, do not hesitate to e-mail us at firstname.lastname@example.org for arranging a meeting regarding this matter or should you have any questions.
Below you will find a list of jurisdictions, in which Apeiron advisory s.r.o. establishes off-shore or non-offshore companies most commonly:
- Bailiwick of Guernsey
- Marshall Islands
- British Virgin Islands