Tips on Offshore Company Formation
Many businesses are already interested in an offshore company formation. This is usually setup in countries that have little tax or no tax at all, like Hong Kong, Panama, and Seychelles, among many others. Aside from that, regulations are also lax and business-friendly. Business owners see this as an opportunity to earn more, while improving and growing their companies. Offshore Company Before you establish an offshore business setup, you have to remember certain factors. First, the company cannot own a real estate property in the country it was established. Second, it can't carry business with entities or people residing in the same country. Lastly, the company formation cannot hold any share or stocks in any local company in the same country it was created. In starting an offshore company, there are things that you have to consider. Identify the kind of company and services that you need, the number of people who will be involved in the business, and the offshore jurisd