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Offshore Company Formation and Offshore Bank Accounts combined with TAX issues and information on how to avoid TAX of net profit!!

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Offshore company in the British Virgin Islands, how to do that?

Posted on May 26, 2009 by Peter
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To register a company in the British Virgin Islands (BVI) it don’t requires much, but you will need to make sure what it is you need the BVI Company to do, if the purpose of the BVI company formation is to act as Holding Company or if it is used to be a company you will conduct business with.

Many private investors and professional organizations register trade companies in the British Virgin Islands with which they will enter into the Forex exchange trading market or currency exchange business which can be of great interest of the beneficial owner of the BVI company since tax regulations and asset protection is one of the main factors to register the BVI company then also simple offshore company structure can be another reason.

Offshore companies which are registered in the BVI have automatically a good protection for hiding the beneficial owner and also it is almost impossible to track down the owners and shareholders of the BVI Company due to regulations set forth by the regime at the British Virgin Islands.

One good reason for registering a BVI company is that if you pay up the share capital you will be able to take it out for paying yourself salaries or to make loans from the company which is legal and which gives additional opportunities for new starting entrepreneurs, taking a loan in your own company is prohibited in many European countries but it can be the key factor when considering to lose all your assets if something goes wrong and the creditors are knocking on your doors. Also it is easy to move assets from one BVI company to another BVI company or even to another company in other offshore jurisdictions without to have the tax authorities in between, this is impossible to imagine in any European country without a complicated process and a high chance that a court order will set aside this transaction.

The opportunities are many you only need to know what it is you are going for.

CCLOGIC LLC is specialized in the company formation in the British Virgin Islands, we have our activities in the major offshore jurisdictions around the globe which includes BVI, Belize, Seychelles and Cyprus, further to the additional company formation in the major offshore jurisdictions we also have a large network of banks which are willing to open business bank accounts for those companies.

Please do not hesitate to contact us or visit our website for the BVI Company Formation.

Posted in Offshore Company Formation | Tagged British Virgin Islands Company, BVI business, BVI Company, Offshore Bank Account, Offshore Bank Account, offshore banking, offshore company, offshore holding company, register bvi company

Offshore with a clue and for profit optimizing, be wise go offshore

Posted on March 26, 2009 by Peter
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For ages it has been well know that large corporations are instantly expanding their business locations to offshore jurisdictions just for better cash flow optimizing and tax purposes, it has nothing to do that they want to conduct business in those countries.

Also for many years now, it has been a closed area to enter into the planning of taking your company offshore with your business, it is worldwide known that Swiss bank accounts have been used to avoid TAX on income and profits in general, but this option is going to close their doors, now you need to find a good and reliable place to STORE your MONEY. Cyprus is one of the only places within the European Union which still has 100% banking secrecy and where it is impossible for an individual or foreign company to open a Cyprus bank account. The Offshore Bank in Cyprus which you need to find will simply deny business cases which haven’t been introduce by an official offshore bank introducer.

The question here is, how you as an individual can become a personal or business offshore bank account in an Offshore Bank, and why a Cyprus bank account is the best solution for you and your business.

Furthermore you will need to consider which other benefits it would give you as a business in regards to offshore asset protection. Yea it is right you might not have heard of the term offshore asset protection, but we will teach you what it is and how it will be an important role for your offshore company formation planning.

So, what you need to do, first of you will have to consider if you make enough profit in your business to effort the expanses which are involved in incorporate an offshore company and to become an offshore bank account with an offshore bank.

Offshore asset protection, how; very simple an Offshore Company and for instant an Cyprus company will make it very difficult for any authority in the world to find the real beneficial owner, secondly it costs a lot of time and money for anyone to claim any rights to get access to assets in an Cyprus Company or any other Offshore Company. Finally an Offshore Company and a Cyprus Company will work as an individual entity so it is perfect for offshore asset protection, because you can just take anything from a person which isn’t related to the claim! Do you have the picture now? If not it is all about offshore asset protection and to protect your rights to keep you hard earned money. In other words by entering into a consideration of offshore asset protection you just need to keep in mind that no one will be able to get access to whatever assets you might have in the company, even not if you file personal bankruptcy.

The important thing here is as long as we speak about cash, you will need to find a Offshore Bank which will open an offshore bank account for your offshore company or Cyprus company, this you will easily get access to through an offshore incorporation service which typically is able to prepare everything for you in one task. With an Offshore bank account you will have access to your moneys in your offshore accounts 24/7/365 and only you will have access to your offshore accounts, not the offshore incorporation service, not any nominee shareholder or director, no, only you. The offshore bank will send you the codes for your Internet Banking directly to the address you tell them to send it to. There is an 100% secrecy by opening an Offshore bank account or for instant to become a Cyprus bank account in an Cyprus bank / Offshore Bank.

Offshore accounts can be hold in multi currencies like EUR,USD,GBP and CYP almost any Offshore Bank will give you the possibility to have your own IBAN account number and Internet Access but the Cyprus Bank Accounts are the most reliable solution in general, since Offshore Banks in Cyprus are regulated through a strong financial network.

Start today to consider how you can get offshore asset protection, an offshore bank account in an Offshore bank and for instant go and consider to open a Cyprus Bank Account before anywhere else.

Posted in Offshore Bank Account | Tagged offshore accounts, offshore asset protection, offshore bank, Offshore Bank Account, Offshore Bank Account

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