Investing Offshore |
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Investing offshore is a legitimate way to minimise international taxation and protect assets. There are various factors to consider when developing an offshore investment strategy, but in general company formation offshore offers a variety of benefits as follows: |
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Advantages of Investing Offshore |
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Investing offshore allows businesses to minimize their tax liabilities through effective tax planning. Healy Consultants offshore tax consultants advises entrepreneurs on offshore investment planning. One example of tax planning would be the restructuring of a business, such that the main holding company is incorporated in Singapore. |
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An effective offshore investment strategy gives entrepreneurs unrivalled access to emerging markets in developing countries, thereby enabling them to diversify their investment portfolios. |
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An offshore company start up is one of the best ways to protect offshore assets. By investing offshore, an individual's assets may be transferred to other legal entities, such as offshore corporations, trusts or foundations. For information on the role of trusts and foundations in offshore investments, contact us. |
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With effective offshore investment planning, international entrepreneurs can legitimately minimise their international tax. Entrepreneurs investing in offshore companies can often access double taxation agreements, through which the individual avoids paying duplicate tax on global income. In addition, a double tax treaty reduces withholding tax on payments to non-resident individuals and companies. |
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After setting up their offshore investment, Healy Consultants assists clients to open an international corporate bank account in the jurisdiction of their choice, usually with one of the world's leading retail banks such as HSBC, Standard Chartered and Citibank. Furthermore, Healy Consultants provides offshore corporate services, assisting with offshore banking and investment management including aiding clients obtain corporate finance, trade finance and open merchant accounts. |
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An important aspect of any offshore investment strategy is therefore drawing upon effective accounting and taxation support for the offshore company. Following offshore company start up, Healy Consultants offers a wide range of accounting and taxation services including i) minimising withholding tax ii) assistance with tax returns and financial statements iii) payroll and investments. |
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When undertaking offshore company start up, some clients request our assistance to obtain employment and residence visas for themselves, for family and for expatriate staff. In addition, we offer a wide range of human resources-related support services such as assistance with recruitment campaigns and payroll functions. As part of their offshore investment strategy, some business people choose to buy real estate. Healy Consultants assists clients to i) obtain international mortgages ii) conduct real estate market analysis in the city of our client's choice iii) conduct property valuation in coordination with a respectable local real estate agent and iv) locate potential tenants for our client. |
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Following offshore company start up, Healy Consultants offers clients a range of Consulting Services including advice on mergers and acquisitions, conducting business due diligence, internal audit support and business process re-engineering. |
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Depending on the jurisdiction, individuals investing offshore may benefit from international legislation which ensures strict corporate and banking confidentiality. |
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When undertaking offshore company start up, many of our clients request marketing support services, including business website building, search engine advertising, stationery design, feasibility studies and market research, and media advertising. |
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As part of planning for investing offshore, entrepreneurs request Healy Consultants' Virtual Office services to support offshore company start up. These are especially suited to clients who have an offshore company but who do not plan to live in the jurisdiction of the company. Our virtual office space is available in all countries and includes providing office space to clients (for example, see our executive office in Singapore page), a business address for invoicing purposes, telephone, fax and email support and global call centre support. |
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Disadvantages of Investing Offshore |
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Investing offshore in certain jurisdictions may portray a negative image to your clients, suppliers and potential venture capitalists, for example in traditional tax havens such as the BVI, Cayman Islands or the Bahamas. |
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While offshore investing is perfectly legal, concealing information is considered illegal in some countries. |
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Many offshore jurisdictions are subject to pressure from the Organisation for Economic Cooperation and Development (OECD) to exchange information on bank account holders in that jurisdiction. This is part of OECD efforts to minimise tax evasion, money-laundering and terrorist financing. Incorporating in jurisdictions such as Singapore and Hong Kong are still popular offshore investment strategies. More information on the evolution and future of the offshore industry and its implications for offshore company start up can be found in the media centre of our website. |
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Healy Consultants has been instrumental in the offshore investment strategy of many international clients, and our experience of offshore company incorporation proves invaluable to them. Unlike many specialists, our firm takes a global approach to offshore investments. In short, we think 'outside the box' to provide creative offshore company incorporation solutions which specifically meet our clients' needs. |
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| Contact Us | ||||||||||||||||
For more information on investing offshore, contact email@healyconsultants.com or telephone us in Singapore at +(65) 6735 0120. |
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| Back to Offshore Company formation page. | ||||||||||||||||
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