It is the tax structure in your home country, which is definitely eating up the profits and you are certainly concerned. The motive to do business is to earn handsome profits and if that is taking a beating, then it is time you think differently. You are certainly aware of tax havens and are eager to set up an offshore company at any of these locations. However, just setting up a company randomly at any place may backfire and a few issues, which you will need to check.
It could be a tax-free location, but you certainly need to check on whether the political process is stable or not. Your business plans can backfire, in a politically unstable location. Moreover, it is also important that you are aware that the tax incentives at a location, is not for every business. It is confusing and that is just the reason we suggest that to set up a Gibraltar offshore company, you take help from a top corporate service provider.
Gibraltar has long been on the radar of business houses in search of offshore destinations. The unique thing about the region as a tax haven is that, the local taxation laws are not applicable for foreigners. Hence, you can safely set up your venture here without having to worry about disturbances. You will need to do VAT registration and that is again where a top corporate professional will come in handy.
Being new to the region you are perhaps not aware of the company registrations rules here and things may sound complicated initially. However, with a top corporate service provider ready to guide you at every stage, it should be easy for you to set up the companies house here in Gibraltar. They will even help you to open bank accounts and avail credit. In short they will make sure that your venture in Gibraltar is off to a smooth start.