It is huge tax burden in your home country, which is certainly affecting business prospects. You are generating profits, but it is never nice, if you have to part with a bulk of it in the form of tax. Now, for when this precise scenario is unfolding in your home country, then it is a matter of grave concern. You certainly will not want to take it lying down and in such a scenario the best idea will be to set sail offshore.
The tax havens presence all over the globe has certainly encouraged you to set up an offshore company at any of these destinations. However, we say that you need to be careful before setting up your venture at any of these locations. A destination may be tax-free but you also need to check out on whether the political system is stable or not. Business houses certainly do not prosper in unstable political environments. However, if you need to move out, it is always better that you take professional help from a top corporate service provider.
A reputed corporate service provider will closely evaluate your needs and then be able to offer a comprehensive guide on the locations where you can set up your companies house. The key reason to note is that the service does not end once they have been successful in identifying a location for your business. You will need to register a company at the location and once again they are ready to guide you through the process.
You can even expect help in regards to offshore banking. You will need cash to operate and banks will be skeptical initially to lend as you are unknown. However, once again a professional corporate service will help you to deal with banks and get credit. In short you can expect all possible help so that your business can flourish at the new place.
