Publications

Why go offshore

The benefits of setting up an offshore company There is always a reason why you should think going offshore. Given the tax incentives available offshore, we see organizations directing their profits from high tax countries to offshore jurisdictions and international business centres and taking advantage of the DTT and the low tax rates. The following are some of the points to consider: Minimise taxes Registering an offshore company and take the advantage of DTT and lower tax rates can legally minimise tax obligations of a business and this is often the primary reason for incorporating a business offshore.  Non - resident companies are often tax exempt or enjoy low levels of taxation depending upon the country. However corporate taxation matters can become very complicated and it is very important to…