Nowadays, the non-resident company has become part and parcel of almost any successful business. Trading, processing of raw materials or oil products, operations with securities, financing - it is rather difficult to gain competitive advantages in any of these spheres without the rational use of non-resident companies, those reliable helpmeets of any entrepreneur.

     This vehicle is especially useful for entrepreneurs, taking into consideration the fact that the use of non-resident companies allows them to compete successfully with large worldwide businesses, which have other advantages at their disposal - considerable financial resources, accumulated over many years, tried and tested business practices, and more democratic taxation and currency legislation.

     In an attempt to describe even a part of this vast international business experience, we have provided examples of some of the most typical and frequent uses of non-resident companies everywhere in the world. Entrepreneurs who have been working with this vehicle for a long time, will be familiar with this material, but their colleagues who are only just planning to start work with their own non-resident company, will be able to study the typical cases of how to use them, by clicking on the relevant example:

     It should be noted that the examples reviewed here are standard and basic. They illustrate the opportunities provided to entrepreneurs by international legal practice. However, the aforementioned examples should not be misinterpreted as direct advice from a tax consultant. You should apply elements from the above examples only after additional consultations with your tax consultant to ensure their conformity with the national legislation of your jurisdiction.

     In conclusion, we should like to say that we sometimes come across the opinion that a non-resident company is an expensive and complicated vehicle, used only by big businesses and wealthy entrepreneurs. In reality, the non-resident company is today an irreplaceable working vehicle for small and medium-sized businesses as much as for large businesses and is an effective and universally accepted instrument of tax planning.