Offshore company is commonly used to avoid or minimise taxes that would have been incurred if traditional onshore company is used. Most offshore companies are either “zero tax” company or “low tax” company. Most jurisdictions do no tax corporate income, no capital gain, no withholding tax, inheritance, personal or wealth taxes. Usually it is cheaper to set up and maintain and offshore bank accounts may be opened either in the jurisdiction of incorporation or elsewhere. We provide offshore incorporation services through our associate company Offshore4Asia Limited.
For more information please visit www.offshore4asia.com