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Offshore Company Formation

Home Service Offshore Company Formation

About Offshore Companies

An offshore business or company functions in the same way that “onshore” or resident-owned companies do, with the exception that they are founded in a certain location in order to take advantage of low- or no-tax opportunities. Other reasons for incorporating in an offshore jurisdiction is to protect one’s assets, to be assured of banking privacy, or to manage wealth in the international market.

While there are several jurisdictions – Hong Kong and Mauritius, for example – that use particular language when speaking of offshore entities.

View all Our Jurisdictions

In general there are two kinds of companies that can be incorporated offshore

Limited Liability Partnership (LLP)

A business in which everyone who invests has the authority to manage the company.

Limited Liability Company (LLC)

Investors can choose to be involved in the company’s management, or they can name specific individuals as managers to act o their behalf.

There are other nuances that separate these two structure types, and which one you choose depends not only on how you’d like to run your company, but in which jurisdiction you’d like to run it. For more information on which offshore company structure would be right for you, please don’t hesitate to contact us today.

What is a Offshore Corporation

In their basic structure, offshore corporations do not differ greatly from their “onshore” counterparts. They must be registered with the proper authorities; there must be officers, directors, articles of incorporation; fees must be paid and reporting and auditing must be completed.

An offshore corporation cannot do business within the country in which they are incorporated; this allows the company to take full advantage of the low- to no-tax benefits that jurisdiction may offer. In addition, there may or may not be residency requirements, employment of nationals necessary, or other considerations asked of the corporation by the offshore jurisdiction.

An offshore corporation can appoint a registered Agent who can act on the behalf of the corporation. The corporation is legally liable for all the transactions done by the registered agent. These agents play a role of a co-coordinator between the clients and the corporation

Advantages of Offshore Corporation

  • Protection from Legal Action
  • Offshore Asset Protection
  • Ease of set up / operation
  • Reduction in Taxes
  • Complete Financial Privacy

There really is no type of business that would be considered “offshore,” although the majority involve international investment, real estate or financial management of some kind.

For more information on offshore companies, click here. If you’re interested in establishing an offshore corporation of your own, contact us today for how Moss can assist you.

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  • Offshore Company Formation
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  • Offshore Asset Protection
  • Offshore Licences

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