Call us now +357 24636919 or skype: laveco_cyprus Formation of Offshore Companies in more than 40 locations, http://www.laveco.com/offshore_company_formation/2/ in both offshore zones and onshore zones. Offshore bank accounts in the most trustful banks in the world. Secretarial and administrative services. Formation of offshore trusts and offshore private foundations. What is an offshore company? An offshore company is an enterprise which only carries out economic activities outside the country in which it is registered. So, an offshore company can be any enterprise which doesn't operate "at home". At the same time, according to public opinion, an offshore company is any enterprise which enjoys tax-free or low-tax status in the country of registration. In the USA, the term offshore company is also used as a synonym for any overseas activities. If we examine the most significant tax havens where it is possible to incorporate offshore companies, then the British legislative roots can be discovered almost everywhere. And here it is not just the everyday transplantation of offshore companies as is the practice in common law which we are talking about, but the legislation itself, based on the English law, specifically allows for the establishment of the offshore company, often through a separate law. For example, numerous jurisdictions have copied one of the most popular laws regarding offshore companies of the last 25 years, the British Virgin Islands IBC Act, which replaced the BC Act, though the rules for the formation of an offshore company hardly changed under the new law. The only real change in the British Virgin Islands is that while it was possible earlier an offshore company formation with bearer shares, this possibility has now been very tightly restricted. It is still possible today for an offshore company formation in the BVI to issue bearer shares, but such an offshore company will pay a minimum of 1100 USD in annual tax as opposed to 350 USD, and an offshore company formed this way has to deposit the issued shares with a person specifically authorized for the purpose. Unfortunately, public opinion today is not particularly positive in its analysis of the offshore company. In many cases, even many economists see the offshore company as something dark, not totally legal and a company form which offers the possibility of providing dishonest solutions. Naturally, the various media have also contributed considerably to the negative image of the offshore company. For the press, ever-hungry for sensational stories, offshore companies are now more like celebrities who are always involved in some kind of scandal. If an offshore company appears in the news, the item hardly deals with the actual content of the transaction, but in most cases they immediately try to show the negative aspects of offshore companies. So what really is an offshore company? The offshore company is an economic entity authorized to carry out the same economic activities as any other enterprise in the world. If we read the memorandum of association of an offshore company, one of the first points lists in detail all those activities which the offshore company can pursue. The real difference is that whereas an onshore company formed in a country with high rates of tax is forced to hand over a significant part of its income to the taxman, the offshore company only has to pay a fraction of the amount. A further advantage of the offshore company is more simplified administration. Just think how much more simple the life of the offshore company is, when it doesn't have to file audited accounts with the tax authority because this type of offshore company pays a fixed rate of annual tax. In this case, for example, the offshore company does not have to struggle with the accurate systemizing of contracts and invoices and recording of receipts. Not to mention the fact that the offshore company is cheaper to operate as accounting fees can be saved legally. Furthermore, there are many other benefits to be gained through the formation of an offshore company, discovered long ago by clever businessmen who are now the successful operators of offshore companies. Formation of Offshore Companies in more than 40 locations, in both offshore zones and onshore zones. Offshore bank accounts in the most trustful banks in the world. Secretarial and administrative services. Formation of offshore trusts and offshore private foundations. https://www.youtube.com/watch?v=cBf2ttB4VLc