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Offshore Formation - Is Offshore The Right Choice For You

Saturday, March 10, 2012

Offshore formation is an option entrepreneurs should look into. This could offer a fast and very advantageous method to setting up a new company.
If you have never considered offshore formation then you need to think again.  There are some compelling reasons why setting up companies offshore could be the right choice for you:

Tax Savings – tax is a major issue for businesses in the UK.  Tax bills can really eat into profits and inflate overheads.  However if you set up your company offshore you could benefit from significant tax savings.  Many jurisdictions offer very low tax rates or even tax exemption.  Just think of how much money you could save on your company overheads and personal income as a director by slashing your tax bill costs annually.

Anonymity – one of the problems with setting up a new company in the UK is that the directors will need to be declared to authorities such as Companies House.  This means your competitors can keep a check on your business activities.  One key advantage of offshore formation is that you can nominate third party directors.  This enables you to keep your anonymity and ensure your business dealings are kept private.

Fast Registration – many countries encourage overseas investment by offering lenient set up procedures.  This means you will be able to register offshore companies very quickly and easily in some cases.  If you are looking to register your business immediately then with online offshore formation you could set up and register a brand new company in under 24 hours.

Offshore Formation Agents

Setting up offshore companies does require you to follow certain procedures.  To make sure this path is right for you and that you have followed the steps correctly it is highly recommended that you use offshore formation agents. These specialist agents will be able to walk you through the process of registering an offshore company and also provide more advice on issues such as jurisdiction and confidentiality.

OffshoreFormations24.7 is a highly regarded company formation service that can help you get your business up and running.  You can contact our expert agents on 0808 168 3676 for more advice about offshore formation issues.

Offshore Formation - What Do I Need For Offshore Formation

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