What is offshore? Definition of offshore, its benefits, by whom and for what uses.
The word "offshore" is translated to English as "stay at some distance from the shore."
With regard to the modern business lexicon, offshore - is a company registered in countries other than the revenue the state, in order to minimize or optimize taxation.
Offshore registered in offshore jurisdictions, the number of which now reaches 50. Depending on the type of tax haven, registered in her company is fully exempt from tax or enjoy significant tax-exempt income.
Virtually all offshore are based on "territorial principle" to generate income. The territorial principle means that if the income was received, and contracts signed and implemented, the talks held OUTSIDE the offshore zone, the offshore company entirely exempt from any taxes.
Preferential tax treatment of offshore means that in the case of income in the tax haven, such income will be taxed at a minimum, approved by the authorities of the offshore state tax rate. Usually tax rate on income earned within the offshore area, an order of magnitude lower than in other states.
Before choosing a low-tax jurisdiction for the registration of offshore useful to determine the presence of an offshore zone and between other countries in the world of international treaties ratified by the avoidance of double taxation. The smaller agreements on avoidance of double taxation was signed, so it is better for the owner of an offshore company.
Generally the country of registration of offshore companies ensures complete privacy to the owner, does not impose any requirements for financial and accounting offshore company, its interference in the activities of the company is limited to collection of a fixed annual fee in the budget and maintaining the register of directors and shareholders.
Offshore companies are small private companies and large multinational corporations to provide goods and save on tax payments, social organizations and individuals. Offshore extremely popular, they are used by entrepreneurs of all countries to do business, withdraw funds from your country to accounts in foreign banks, trust for financial management.
The word "offshore" is translated to English as "stay at some distance from the shore."
With regard to the modern business lexicon, offshore - is a company registered in countries other than the revenue the state, in order to minimize or optimize taxation.
Offshore registered in offshore jurisdictions, the number of which now reaches 50. Depending on the type of tax haven, registered in her company is fully exempt from tax or enjoy significant tax-exempt income.
Virtually all offshore are based on "territorial principle" to generate income. The territorial principle means that if the income was received, and contracts signed and implemented, the talks held OUTSIDE the offshore zone, the offshore company entirely exempt from any taxes.
Preferential tax treatment of offshore means that in the case of income in the tax haven, such income will be taxed at a minimum, approved by the authorities of the offshore state tax rate. Usually tax rate on income earned within the offshore area, an order of magnitude lower than in other states.
Before choosing a low-tax jurisdiction for the registration of offshore useful to determine the presence of an offshore zone and between other countries in the world of international treaties ratified by the avoidance of double taxation. The smaller agreements on avoidance of double taxation was signed, so it is better for the owner of an offshore company.
Generally the country of registration of offshore companies ensures complete privacy to the owner, does not impose any requirements for financial and accounting offshore company, its interference in the activities of the company is limited to collection of a fixed annual fee in the budget and maintaining the register of directors and shareholders.
Offshore companies are small private companies and large multinational corporations to provide goods and save on tax payments, social organizations and individuals. Offshore extremely popular, they are used by entrepreneurs of all countries to do business, withdraw funds from your country to accounts in foreign banks, trust for financial management.
