Written by admin on June 10, 2008 – 12:15 pm
Company incorporation is very popular, more and more people see it as a great solution to start their company abroad. If you are planning to start your own business consider then an offshore company. It will provide you with benefits you might not even yet know about and your company will have great financial advantages, which would be impossible when starting your business in any European or Northern America country. Depending on the offshore location these benefits and advantages differ and it is recommended to compare and inform yourself thoroughly before starting an offshore business. Every country has different tax rules and laws, and those will effect your future company. Doing some research and check the benefits /advantages on offer is essential. The most important criteria for me was to find out where my start-up offshore company stands in regard to:
- No Income Tax.
- No Capital Gain Tax.
- No VAT.
- No Tax for a Period of the Next Twenty Years.
There are many agencies that provide professional assistance when it comes to company incorporation. They will guide you with expert knowledge through the legal system, to incorporate your new company into any offshore location of your choice.
I started my offshore company in Dominica, a small island in the Caribbean and a part of the British Commonwealth. I save here the most on income tax and do not have to declare capital that the company owns. The possibilities in Dominica seem enormous and many things are possible in this tropical paradise that are anywhere else impossible.
Any ending for your company is available, starting from Ltd., Limited, Inc., Incorporated, Corp., Corporation to N.V., GmbH, PLC, LLC, LC, TOO, S.A. etc. I left a link in this post, for you to check out the possibilities of an offshore company in Dominica, in case you are planning to start your own business in the near future.
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