having an income stream overseas in a stronger currency can potentially be a very sound strategic decision.
Truestone Financial Services
having an income stream overseas in a stronger currency can potentially be a very sound strategic decision.
To set up an offshore company or relocate your existing business overseas is a crucial step toward internationalizing yourself and your assets. There are a multitude of legitimate methods to structure your business interests overseas and realize significant benefits from both an asset protection and a tax-efficiency standpoint.
Large multi-national companies such as Google and Apple have cut their taxes by billions of dollars by re-locating operations to tax-favourable jurisdictions.
Some businesses, such as those operating online, have no geographical limits as to how and where business can be done, so why then should your business be limited by a jurisdiction that is based on the old, geographically limited model? Whether your business is online or multi-jurisdictional, incorporating it in an offshore jurisdiction is a great way to build streams of tax efficient income outside of your home country.
Other reasons may include:
A business based overseas, coupled with an offshore bank account, is the perfect medium through which you can do this. We can assist in the procurement of both the company and the bank account and indeed in the procurement of corporate directors and trustees, if needed. After we have assessed your requirements and done the necessary due diligence, it would be possible to go through the whole incorporation process online in most jurisdictions, and you can often set up your offshore company in as little as a few days.