Conduct business without corporate taxes: Tax havens, such as Cyprus and the
Panama, BVI, allow the formation of International Companies that have
no tax or reporting responsibilities. This means you save money not only from the absence of corporate taxes, but also from reduced compliance and other regulatory costs.
Conduct business as an international entity: International Companies have the same rights as an individual person and can
make investments, buy and sell real estate, trade portfolios of stocks and bonds, and conduct any legal business activities - so long as these are not done in the country of registration.
Keep business affairs confidential: Offshore Companies offer complete
privacy. If the company shares are held by a Trust, the ownership is legally vested in the trustee, thus gaining the potential for even greater
tax planning advantages.
Above are the key factors for why you should go offshore with your company, for which country you choose. I would go with an Cyprus Offshore
company Formation, since it is part of the European Union which gives more trust into your company, even if it is considered as
Offshore Company.