An offshore company is a legalised company registered, managed, and operated in a foreign country where it receives certain financial, legal and tax benefits.
Our team has more than a decade of experience in offshore formations and subsequent compliance for the various jurisdictions such as the Belize, Cayman Islands, Dubai, Seychelles.
The following are some of the more common reasons for an offshore company formation:
- Low business tax
- Asset protection
- Ease of administration (no tax return, no audit, no local director/shareholder)
- Lower set up and maintenance costs
As a one stop service provider, our team at Closer-Partners will continue to help our clients with their companies’ formation and incorporation around the world.