Setting up an Offshore Business
Setting up an Offshore Business
For Offshore Licenses, Best Business Bureau provides assistance in getting licenses from various Offshore destinations.
An offshore company isn’t very different from other companies. A company incorporated outside the jurisdiction of its primary operations is an offshore company.
An offshore company typically has a low- or zero-tax rate and is explicitly used for international, cross-border purposes and is not allowed to engage in business within the jurisdiction that it is incorporated in. Offshore companies can engage in a diverse range of activities such as investment, trading, estate and succession planning, property and asset holding, financing and listing on international stock exchanges and acquisition transactions.
Setting up an offshore company (or non-resident company) can serve various purposes. For instance, an offshore company can act as a holding company to hold interests in other companies in various jurisdictions, to hold trademarks, copyrights and other intellectual property rights, as well as to serve as the holding company for licensing of franchises. The income from taxable jurisdiction flowing to the offshore company (holding company) is not taxable.
For Offshore Licenses, Best Business Bureau provides assistance in getting licenses from either British Virgin Island (BVI), the Cayman Islands, Samoa, Seychelles, Panama Corporation, Belize, Nevis and so on.
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