What to Know about CFC Rules & Permanent Establishment – Can You Still Reduce Tax?
More and more entrepreneurs turn to offshore companies for a wide variety of benefits. To lots of business people, this is all about reducing tax and diversifying assets. To others, it is about minimizing the overall hassle.
If you are "lucky" enough to live in a country with lots of bureaucracy, you know how daunting it is to meet all the requirements. You need lots of paperwork, and each paper requires weeks of waiting. You end up spending hours in queues, only to be told to bring more papers.
Certain countries, on the other hand, provide extra benefits by canceling all the paperwork and easing the actual investment. Take Estonia, for instance. It is one of the most appreciated locations for offshore entrepreneurs and for some...