Offshore Companies

| What is an Offshore Company? | Benefits of an Offshore Company | Maintaining Privacy | Fees |
| Attributes of Offshore Companies | View/Print Company Forms | Download Forms | Incorporate On Line |Bank Accounts and Credit Cards | Trusts | View & Print Trust Forms | Set up a Company |

What is an International Company? An Offshore, International Company is commonly set up in a tax haven like Vanuatu or the British Virgin Islands, where there are no corporate or personal income taxes, capital gains taxes, reporting requirements, or restrictions on company employment policies. The main restriction is that the company, being exempt from all local taxes and restrictions, may not conduct business within the tax haven itself. Key Benefits Conduct business without corporate taxes: Tax havens, such as Vanuatu and the British Virgin Islands, allow the formation of International Companies that have no tax or reporting responsibilities. This means you save money not only from the absence of corporate taxes, but also from reduced compliance and other regulatory costs. Conduct business as an international entity: International Companies have the same rights as an individual person and can make investments, buy and sell real estate, trade portfolios of stocks and bonds, and conduct any legal business activities - so long as these are not done in the country of registration.

May Incorporation Special - US$1,995.00 (offer expires 31 May 2008) 1. International Company. 2. Registered Agent/Office 3. 1 Director 4. Nominee Shareholder 5. Assistance with Bank Account Application and Signatories 6. Government fees 7. All of the above paid through to 30 June, 2009 For an information pack with everything you'll need to incorporate your offshore company. Click Here To order the special offer online right now Click Here To purchase a shelf company online right now Click Here

• Keep business affairs confidential:: Offshore Companies offer complete privacy. If the company shares are held by a Trust, the ownership is legally vested in the trustee, thus gaining the potential for even greater tax planning advantages.
• Reduce payroll and travel expense administration: Offshore Companies set up in Vanuatu or the British Virgin Islands need not pay social security, withholding tax, or associated expenses of employees working in other foreign countries. This can be a major savings for companies that have staff working on overseas projects.
• Allow employment or consultancy fees to accumulate in a low tax area: Offshore corporations can contract the services of professionals to employers resident in high tax locations or politically unstable areas. This allows the fees to accumulate in a low tax jurisdiction.
• Protect investments in other foreign countries: International Companies can loan funds to corporations in other foreign countries. Investors may set up, but not directly own, an offshore company that loans funds to a development company set up in another country and charge interest rates that will lower tax obligations and protect the long term ability to repatriate investment funds. This can be especially important when working in countries with strict exchange controls and high tax profiles.
• Minimise tax exposure when dealing with international transactions: An offshore corporation can buy or lease products from one country and then sell or lease them to a company in another country so the profits of the transaction are accumulated in the offshore company where there is no taxation on profits.
• Maximise profits from intellectual property rights, franchising and licensing: An offshore company can franchise or licence intellectual property rights in other foreign countries allowing the profits to accumulate in a tax free environment.
• Protect the long-term survival of multinational companies: By moving their domicile from countries with poor economic or political stability to a more stable tax haven.
• Protect assets: In combination with a Trust, an Offshore company can avoid high levels of income, capital and death taxes that would otherwise be payable if the assets were held directly. It can also protect assets from creditors and other interested parties.
• Simplify the transfer of assets and properties held in several countries: The sale or probate of properties in different countries can become complex and expensive. If these are collectively held by an offshore company, ownership can be transferred by company shares rather than transferring the actual properties owned by the company.
• Own or lease ships or pleasure craft: Vanuatu International companies may own or lease ships or pleasure craft and pay no taxes on income derived from the vessels. Registration fees are low and Vanuatu flag vessels are welcomed in ports world-wide.

Bank Accounts

Moores Rowland can open an offshore corporate bank account for the International Company with any of the established local banks. Accounts can normally be set up within a few hours.

Offshore Credit Cards

We are currently offering our clients the option of an International Credit Card as a useful add-on to their International Company Structure. 

To find out more about offshore credit cards, click here

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