Registering for an International Business Company or an offshore company the best legal way known thus far for asset protection and maximized profits. The top reason for these companies is that as an international company, you are not required or obliged to pay taxes in the country you chose (more…)
No CommentsOf the 60 islands that make up the British Virgin Islands or the BVI, only 16 of these found off the South American Coast are inhabited. It is a member of the Commonwealth and its main currency is the US Dollar. About 80% of the residents are of African origin. Its business laws are some of the most flexible in the world and this is because they incorporated a clause that allows for International Business companies, or IBCs, to register or incorporate their companies in the BVI territory for the principal purpose of asset and financial protection and for business anonymity. (more…)
No CommentsWhen considering entering into any type of Investment you should consider having an Offshore Company for instant in Belize, BVI, Cyprus or Seychelles to execute the investment. In the mentioned offshore jurisdictions a company don’t have to pay tax if the company is registered as Offshore International Business Company (IBC), many private investors all around the world have already explored the great advantages a Offshore Company which purpose is to make medium to large investments can give.
An Offshore Company Formation isn’t any difficult and can take place within a few weeks; the most important is to have a good and solid offshore bank available where the offshore company can open a business bank account for the purpose of Investment, Forex Trading and other banking activities.
Beside the tax advantages also the privacy and security is a factor which let many investors and business people in general enter into an offshore company formation. An Offshore Company which is duly incorporated in some of the above mentioned countries gives the beneficial owner a 100% anonymity and protections against liabilities and creditors. Even if the investment is considered high risk then a offshore company has its advantages.
For active Investors or business which are growing fast it is crucial to be agile and to extend the activities of the operation as it grows, with an Offshore Company in the top it is easy to register new companies in other places of the World without to consider any tax or trading regulations which could stop or make it even difficult to expand.
Further to the Online Investment opportunities you also find investments in property abroad from where you are resident. Often huge TAX implications are the result of such investments which can be avoid if the offshore company formation has taken place before the investment is executed. For property investments we recommend to have a Offshore Trust in Cyprus to execute the deal or at least to have the Trust in Cyprus to have to register a Offshore company throughout the investment is made.
Typically Europeans get in troubles if they even through some regular European Company have made any property investment abroad, the taxation of the beneficial owner is guaranteed and often this are at a taxation rate in the range of 10 to 20% of the total investment, this is annually. If the property investment is made through an Offshore Company for instant in Belize, BVI, Cyprus or the Seychelles those tax’s can be avoid!
CCLOGIC LLC has specialized in the Offshore Company Formation and Offshore Trust Formation in the major offshore jurisdictions all around the world, we operate through secured locations and never keep any records. By many years we have served our clients in the opening of Offshore Bank Accounts for almost any purpose and in the registration and duly incorporation of Offshore Companies in Belize, BVI, Cyprus and the Seychelles.
I have been looking into the Offshore Company Formation in Belize, Cyprus and Seychelles, but I can really not figure out why I should go for an offshore company formation in one of those countries or maybe should I incorporate in all of these offshore jurisdictions?
My business case is the following; I have been selling Electronic devices like IPods, Computers, Iphones and such things and have been very successful now for many years. During the years I have been busy and just paid the Company Tax and Income Tax I must as everyone else have.
For just a few weeks ago I came to read an article on the local papers where they described how it was possible to setup an offshore company structure and by doing so, save taxes and also protect all the assets which have been build up and earned during the years.
Now I wonder what would happened if I don’t go with an Offshore Company Formation and due to the financial crisis raging will lose my business, would I really have something left over once the creditors have been there even if it is a LTD or LLC in my local country? Or would I have lost everything in one shot?
I don’t mind to pay TAX as long as it is reasonable, to pay tax both for my company and personal tax is starting to annoying me, since it is itself at the moment very difficult to compete with the competition, so now I’m investigation all aspects of the Offshore Company Formation to be prepared, just in case.
Above is what we found on a forum and I personally find it very interesting to read since this must be some consideration every business man or Investor should do.
Now I will quickly try to explain just 1 option here, the possibilities are many and we don’t claim here that the below will be the only option but will rather advice to contact some professionals which have the experience and the knowledge to make any advice on this area, typically this is a registered Auditor or Lawyer which can help.
Now to the solution for the proper Offshore company Formation and company structure.
If above hypothetical case is what we look at, then the first step would be to incorporate a offshore company in one of the following offshore jurisdictions, Belize, BVI or Seychelles, those countries offer the best possibility for anonymous company formation, now when registered properly (I will not go into details here how it is done), we will on behalf of the above company register a company in Cyprus which we only will use to conduct business with. The Cyprus Company will be registered with Nominee Shareholders and Directors as foreigners and we will not reveal our self as beneficial owner since it will be the other offshore company which will own the company. Now we would suggest to become a Cyprus Bank Account for this company (which is easy to become) and if needed a Merchant Account (which also is easy since it is part of the EU)
Now you will have the perfect solution for your issue and no one will be able to control how much TAX you will have to pay, no creditor will be able to access your assets and as an Investor you will be fully legit to invest in any Stocks, Company and even conduct Forex Trading as a legit company.
Contact CCLOGIC LLC for more information : www.cclogic.com
No CommentsThe term Offshore company Formation is covering a lot of different offshore jurisdictions around the world, just to mention a few of them, Belize, Seychelles, BVI and Cyprus are those offshore jurisdictions there are several more and it depends very much on your type of business and which products or services are sold when you plan a offshore company formation.
An important part when you consider registering an offshore company is, that you are able to become a offshore bank account for the company, without a bank account your offshore company is worth nothing.
If the reason for an Offshore Company Formation is for liability, assets or privacy protection we often suggest to carefully planning your company structure. For instant it isn’t always enough to just have one company in an offshore jurisdiction if the purpose is assets or privacy protection. In these cases we recommend to have a Holding Company in for instant in the British Virgin Island, Belize or Seychelles and have the company with which you are conducting business be located in Cyprus.
To have a Offshore Holding Company outside of Europe and in an Offshore jurisdiction like Belize, BVI or Seychelles has the benefit that you can incorporate it anonymously which gives you the privacy and assets protection which in this example is the main purpose. To top up this and to not limit yourself or your business it is a great benefit to have your business take place in a Cyprus Company since Cyprus first of is part of the European Union which makes it less difficult to become a Bank Account for your day to day banking and if you conducting Online Business to become a Merchant Account to accept credit card payments.
A Cyprus Company can be registered by a Company in for instant Belize, Seychelles or BVI and those Offshore Companies can also be side to be the shareholders act as Directors for the Cyprus Company.
When you want to take out your profit in the Cyprus Company it can easily and with no obligations to TAX be transferred to your Offshore Company located in the offshore jurisdictions mentioned above.
We are specialized in the setup of entire Offshore Company structures which includes the opening of Bank Accounts, Merchants Account and registration of companies in the offshore jurisdictions, Belize, BVI, Seychelles and Cyprus. Please do not hesitate to contact us for additional information or visit our website.
