If properly conducted, investing offshore is a legitimate way to minimise international taxation and protect assets. There are many different factors to consider with offshore investment strategy, but in general offshore company start up offers a range of benefits as follows: |
| Advantages of Investing Offshore | |
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By undertaking an effective offshore investment strategy, international entrepreneurs can legally minimise their international tax. Entrepreneurs investing offshore can often access double taxation agreements, through which the investor 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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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 broad 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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Offshore company start up is a perfect way 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 an offshore investment strategy, contact us. |
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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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Entrepreneurs investing offshore gain unrivalled access to emerging markets in developing countries. An effective offshore investment strategy therefore enables entrepreneurs to diversify their investment portfolios. |
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Following offshore company start up, Healy Consultants assists clients open an international corporate bank account in the jurisdiction of their choice, usually with one of the world's leading retail banks such as as HSBC, Standard Chartered and Citibank. Furthermore, Healy Consultants assists with offshore investment strategy including helping clients obtain obtain corporate finance, trade finance and open merchant accounts. |
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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After 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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Following 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. Some business people choose to complement their offshore investment strategy by buying real estate. Healy Consultants assists clients to i) obtain international mortgages ii) conduct real estate market analysis in the city of our client's choosing iii) conduct property valuation in coordination with a reputable local real estate agent and iv) locate suitable tenants for our client. |
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When investing offshore, 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. |
| Disadvantages of Investing Offshore | |
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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. When investing offshore, note that jurisdictions such as Singapore and Hong Kong are immune to such pressure. For more information on the evolution and future of the offshore industry and its implications for offshore company start up and the offshore investment strategy process, visit this page. |
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Offshore company start up 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 company start up is perfectly legal, concealing information about offshore investments is considered illegal in some countries. |
Healy Consultants been instrumental in the offshore investment strategy of many international clients, and our experience of offshore company start up proves invaluable to them. Unlike many offshore investment strategy specialists, we take a global approach to investing offshore. In short, we think 'outside the box' to provide a creative offshore company start up solutions which exactly meet our clients' needs. |
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| Contact Us | |
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