What are the prime benefits of Offshore Business?

[richardm1964]

Some people are concentrating hard on offshore business despite the fact that their domestic business prospectus are very conducive for growth. What may be the causes of such offshore trend? What are the prime benefits of Offshore Business?

 

[mneilson]

The prime benefits of such offshore business companies are as follows.


Simple and easy process to a start a new company.


Starting the operation of new business in quick time.


There is total transparency and secrecy in business.


Tax liability is Nill or very less.


Can transfer money to any part of the world in multi currencies.


Can purchase and acquire properties in offshore nations.


No Capital gain Tax. etc

 

[paulburton]

Hello Friends....


Prime benefit of offshore companies is that they allow you to carry out business as an international entity; i.e offshore companies possess the same rights an individual has, hence can make investments, buy and sell real estates, trade in bonds and stocks, and set up any kind of business activities as per the laws of the country.


Thanks