What are overseas offshore companies
All at the place of residence outside the original country of incorporated companies, generally collectively referred to as overseas offshore companies, for example, non-local residents in the British Virgin Islands, Samoa, Seychelles Islands and the Cayman Islands - registered companies in these countries, all belong to this type of companies. And such companies are generally Limited companies.
The advantages of overseas offshore companies are summarized below:
- Legitimate tax avoidance, no need to report local taxes, no tax burden in general and there is no requirement to do account
- Avoid the foreign exchange management, to strengthen the overseas financing and cash flow management capabilities, and facilitate the foreign exchange clearing and documentary letters of credit
- Company registration information and documents highly confidential
- The registration process is relatively simple to investors, shareholders and directors. Change of shareholders and directors is easy, no need stamp duty
- Those countries we selected are generally lower cost to set-up and maintain
- Development of international business and trade, improve corporate image, and also avoid tariff barriers
- Generally, no business scope and area restrictions
- To facilitate an international brand, improve enterprise efficiency
- Immigration and visa facilitation
- Limited companies have the limited liability
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