Offshore Company formation can be no different to any other

[JohnLocke]

An offshore company formation can be no different to any other business, the only disparity is the jurisdiction in which it has been established. An offshore company formation is usually in the form of an International Business Corporation, otherwise known as an IBC, and receives large tax advantages. An IBC is a corporation that can do business anywhere it likes apart from its home country.


[Read more on the Merchant Service Forum blog]

 

[bogart]

What is the deal with the offshore companies ? I'm doing fine I don't have a company and would rather earn money then spend it on some offshore company ?!

 

[clowdi]

You will have a great benefit if you live in a country where you have to pay alot of tax or if you are doing very risky business and want to protect your assets.

 

[gwenpinay]

An offshore company increases a business' bottom line figure. Most offshore companies are doing business in places where there's little or no tax on income. That means the company saves from taxes; more money goes to its bank account for distribution to owners or reinvestment.