World Offshore provides a wide range of services such as offshore company formation and maintenance, creating and maintaining bank accounts, provision of nominee directors and shareholders and other offshore services.
Offshore company formation is generally much easier than onshore incorporation, due to lax legislation and business-friendly regulation. You can have your offshore company in as little as a couple of days from an order to World Offshore.
Offshore Company Formation and the Advantages:
Offshore companies can offer a variety of advantages over their onshore equivalents:
- Lower tax rates;
- Security against creditors;
- Easier company reporting requirements;
- The protection of one’s identity;
- Avoiding local investing restrictions.
Most common reasons for offshore company formation are optimization of taxes, asset protection, captive insurance, protection of intellectual property, confidentiality and privacy.
The suitability of offshore companies to a particular individual can only be ascertained after a reasonably detailed analysis of one’s financial situation and future plans.
Offshore structures are commonly used as the vehicle for :
- Tax reduction;
- Asset protection;
- Risk Management;
- Privacy Maintenance;
- Avoiding bureaucracy;
- Cost reduction;
- Increasing assets.
How and for what an Offshore Company Can Be Used:
Vehicle for a Start-Up
If you are a start-up running on a shoe string budget and therefore need to cut off budgetary demands, structure abroad could be a good solution. By setting up an offshore company your business will be able to reduce tax obligations, depending of course on your current location. The registration costs outside of your residence country also may be lower and the process faster. As lot of offshore jurisdictions don’t require a paid up share capital, that can be a financial relief for a start-up, especially new booming Fintech companies.
A tax-free entity will help your business to grow during the development process. When the costs must be reduced as much as possible and all the free assets can be invested in business growth. Often the tax burden is one of the heaviest parts for businesses that does not allow investing in the company’s development, because after the end of the financial period – there’s nothing left.
A Way to Go Global and Build Reliable Business Relationships
Another necessity of an offshore company is when you have the intention of going global or you have a large international customer base. When most of your clients are not based within your parent company location then it’s highly suggestible to register an entity in the foreign are where the clients are based. This will help you to establish reliable business relationships.
Protect Your Business Interests
If your residence country is politically unstable or the government has too many restrictions on the type of business you are dealing with, in such case to register your business in a country that supports all your business operation is the only option.
Online Businesses Operations
An online business is a virtual set up that is not subject to geographical location. Therefore, there is no logical reason to be limited to a single geographical location that is disadvantageous to the growth of your business.
Why World Offshore?
World Offshore is a highly respected and experienced offshore service provider, having assisted hundreds of companies in all the major offshore jurisdictions across the globe for over 10 years. Our highly experienced team, with in-depth knowledge of each jurisdiction, has been successfully helping customers on offshore company formation procedure and management.
We are also able to take care of your needs in regards to banking if you wish. Lastly we are able to offer full nominee and remote virtual office services in most all the jurisdictions we work with, helping youÂ get your business fully up and running.
Our Core Advantages:
- Cost-effective solutions;
- Absolute Confidentiality;
- Fast and efficient execution;
- Dedicated customer relationship.
The information you provide to World Offshore will remain confidential to the greatest extent of the law as provided by our legal counsel. Naturally, it is our policy not to conduct business or to assist others contrary to the law and ethical business practice.