It’s not difficult a task to handle the offshore setup of your business. However, once the company is going to take-off, emphasise should be given on the company registration process. You may need help and guidance from tax advisors, attorneys, and business set-up consultants to help with the registration process.
Figuring out a low tax jurisdiction is the first priority. You need to consider an option that would be helpful for your offshore company setup. Tax exemption is definitely a big part of the process. However, it also needs to be seen whether the jurisdiction is a safe zone or not. You need to focus on the part carefully before proceeding.
Handling the offshore company registration process is something that would require expert intervention. You simply would not be able to handle the process on your own. There needs to be an expert intervention from an entrepreneur, company or entity to save on the taxes part while figuring out the most appropriate bank or other financial resources for funding purpose. Remember, registration of an offshore venture is applicable only if there happens to be a proper offshore banking option fixed.
Some of the better destinations to form an offshore venture are Hong Kong, Dubai, Panama, Belize, Mauritius, and Seychelles. However, there are also other options definitely available. Proper research is necessary to ensure that the jurisdiction being picked is perfectly apt to form the company. After all, you need to look for a country or city where the maximum benefits can be availed. That’s the most important part of the process. Additionally, the marketing aspect is also taken into consideration. Forming your business to a foreign land of great disturbance would never do any good for its reputation. Henceforth, you need to consider a location that does not face political or any kind of disturbance.
