offshore, non-resident
  Thursday, 11 March 2010

     This section provides a review of all the jurisdictions that in general are not tax-free, but in practice are often used by entrepreneurs in view of their favorable tax legislation or due to certain tax privileges for specific types of company. What is more, companies incorporated there can include the tax-paying structure from the relevant jurisdiction into the general commercial plan, based on the simultaneous involvement of several companies from various countries.

     This group includes companies subject to zero taxation (in particular, the British LLP, the Danish K/S), as well as fully tax-paying resident companies, i.å. - the Australian PTY (proprietary company) and the British Ltd. (limited company), which can be involved in a low-tax regime using the most efficiently designed commercial schemes.

     The majority of companies included in this group have the following characteristics in common:

The high rating of the jurisdiction, its absence from various countries' "black lists".
Companies in these countries have to submit annual financial statements. Some jurisdictions require permanent accounting procedures. Annual reports in certain countries have to be certified by a licensed auditor.
The majority of jurisdictions require the authorized share capital to be partly or fully paid up.
In comparison to classical tax-exempt companies, the countries of this group have higher incorporation and ongoing running costs.
There are usually definite requirements as regards managers or directors of companies incorporated in these countries - in particular, certain jurisdictions may require that the directors of the company be physical persons; some jurisdictions require that one or more directors be residents of the country in which the company is incorporated.
 

     Companies in this group of countries are usually employed in business situations when it is necessary to have the most respectable and prestigious vehicle that will not bear the subjective taint of an offshore entity.

     In order to see what is required in terms of incorporation and ongoing running costs in the specific jurisdiction, please click on the name of the relevant jurisdiction.

 Australia - Pty
 Australia - RepOff
 Canada - EPC
 Cyprus
 Denmark - ApS
 Denmark - K/S
 Ireland
 New Zealand
 Liechtenstein
 Luxembourg
 Switzerland
 United Kingdom - LLP
 United Kingdom - Ltd.
 
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