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Using
an Offshore Company you can legally avoid or minimize
your taxes. Some countries (like Bahamas, Gibraltar
etc) do not tax their companies in case if they
work and earn income outside of the country. In
this case a company only pays fixed annual fees,
has no obligations towards the tax authority of
the country and therefore entirely free from bookkeeping.
Money in
your Offshore Company's account - is money in
your pocket, you can use it as you see fit. How
exactly to use your Offshore Company depends on
the type and location of your business.
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You
sell your services directly under the name
of your Offshore Company and receive the
income onto its bank account.
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You
place your Offshore Company as a middle
man between your vendor and your local tax
paying company. For example, your Offshore
Company buys some goods for US$100 and sell
them to your local company for US$145. You
local company sells the goods to your client
for US$150 and officially pays tax from
a 5 dollar profit. The lion's share of the
profit remains on your Offshore Company's
account.
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You
do all your business under the name of your
local tax paying company and receive substantial
profit of XXXXX US$. - Your Offshore Company
sells some services* to your local company
for XXXX US$. - Major part of your profit
goes to your Offshore Company's account
and becomes tax free. - Your local company
pays tax from the remaining profit of X
US$.
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By
Using an Offshore Company You Can Legally Avoid
or Minimize Your Taxes !
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