The professionals in business consultancy are now aiming higher by helping investors form their dream company overseas. It seems quite a complex task, and it is truly one. Therefore, expert help is required to sort out all the bottlenecks and hurdles in the area of company formation. There are risk assessors, legal experts, tax consultants, banking advisors and financial planners that assist in the speedy and seamless formation of a business venture.
But why offshore? Simply, to save 100% on taxes. As there are Tax-Free and Trade Free Zones spanning continents, they offer lucrative tax sops to new entities. The basic intention of setting up an offshore company is to save hugely on taxes and earn big returns. The entire process of a business set-up requires 5-7 working days, and your dream entity is working within a week. As an investor, you only dole out a one-time ‘non-refundable’ establishment fee. This can be referred to as a consultancy charge, which is a minuscule amount.
How to Go Ahead with your Company Formation Plan?
You first need to contact a reputable “offshore company formation consultant” in Europe, the Americas or in the Middle East, as per your convenience. The consultant should be an acclaimed one. It can easily guide you through the entire process of setting up an offshore company within days. Investors have the choice of jurisdictions and the type of business. There a quite a few tax havens in the world which is hugely popular among business owners. Such as Belize, Gibraltar, Cyprus, Seychelles, Hong Kong, RAK, Panama, etc. They offer 100 tax exemptions the above-mentioned destinations are ‘zero tax regimes’.
The consultancy agency with their in-house professionals jump into the act of business feasibility study, financial risk assessment and help select the type of business. Their team of expert banking professionals can also guide an investor through the offshore banking formalities. It involves opening a bank account in the respective jurisdiction, followed by the issue of credit and debit cards. This is a cumbersome and complex task involving loads of paperwork, which is all taken care of by their expert team. You just have to relax and see your dream company take shape in no time. It’s advised to select your consultancy wisely and carefully.
GWS Offshore 