International Trade and Tax Planning
The Onshore Alternative
New “Offshore” Solutions!

A properly configured and managed business structure can provide substantial tax benefits, protect assets, improve business efficiency, reduce costs and maintain confidentiality.

An improperly configured business structure is a recipe for disaster for the owner and his business.

Of course, there are times when an offshore company can be used to close a one-off deal if both your trading partners and the relevant tax office feel happy about the arrangement, or they are not located, most usually, within Europe, North American and other sensitive countries. But entering new markets or marketing products or services to unknown customers under the name of Tropical Island Trading Corp., incorporated in the Seychelles or Belize, which is perfectly workable, unless, of course, you really are exporting current consumer goods.

Even though the image of an offshore company has taken such a battering over the years, this does not mean that an offshore company is all but useless for the international entrepreneur.

Near-zero tax trading is still possible through an offshore company, but keeping a low profile is essential. Whilst the minute legal details call for specialist knowledge, the underlying idea is usually simplicity itself – it involves the use of a respectable onshore company to front transactions.

The Offshore, the Developed countries and
Tax Authorities
New Offshore Solutions

Should I avoid the Offshore now?
Will it be illegal using the offshore?
Can I trade through an Offshore Company?
If I can use the Offshore, which cautions should I take?
And which other or New Offshore Options do I have?

Trading through an offshore company can cut your tax bill but, will all your business partners trade with is?

Confidentiality is a primary concern of many offshore practices, particularly asset protection. When it comes to utilising an offshore company for trading however, a whole new category of priorities must be considered. These are the priorities of your trading partners and the attitude of onshore authorities.

Today legality and appearance are the essential requisites for the offshore entrepreneur. In many circumstances, it is not desirable to raise invoices in the name of an exotic offshore company, nor is it possible to ask your offshore company’s clients or trading partners to make payments to a bank in an obvious offshore tax haven. Remember that the books of your customers or trading partners are open to scrutiny by their local tax authorities and dealings with offshore havens (even if legal) are viewed with skepticism, if not suspicion. Tax authorities of high-tax nations are aware that offshore companies can be used for illegal tax evasion by businesses that need to “reduce” their taxable profits before year-end.

After all, the ownership of an offshore company is difficult and often impossible to establish. This allows dishonest business owners to incorporate a company in an offshore haven and use it to siphon money offshore, usually by having the offshore company raise invoices payable by the onshore business.

Consequently, trading directly in the name of a tax haven company can cause loss of business as many prospective customers feel uneasy about being wrongly suspected of participating in such invoicing.

In many developed countries, tax authorities do not even allow or recognise payments remitted to companies based in offshore tax havens. This reflects the opinion that anyone entering into a transaction with an offshore company is not doing so out of genuine commercial need, but solely for reasons of tax mitigation, if not tax evasion.

Of course, there are times when an offshore company can be used to close a one-off deal if both your trading partners and the relevant tax office feel happy about the arrangement, or they are not located, most usually, within Europe, North American and other sensitive countries. But entering new markets or marketing products or services to unknown customers under the name of Tropical Island Trading Corp., incorporated in the Seychelles or Belize, which is perfectly workable, unless, of course, you really are exporting current consumer goods.

Even though the image of an offshore company has taken such a battering over the years, this does not mean that an offshore company is all but useless for the international entrepreneur.

Near-zero tax trading is still possible through an offshore company, but keeping a low profile is essential. Whilst the minute legal details call for specialist knowledge, the underlying idea is usually simplicity itself – it involves the use of a respectable onshore company to front transactions.

Staying within the law! Any tax mitigation structure must ensure compliance with the law. If mistakes are made, not only can any tax-saving benefits be lost, but heavy penalties can be incurred.

New “Offshore” Options

Not all offshore companies are treated equally by partners and tax authorities. Quite often more sophisticated low tax structures are demanded for trading and holding, rather than companies registered in tax havens (as Panama, Belize or BVI).

A properly configured and managed business structure can provide substantial tax benefits, protect assets, improve business efficiency, reduce costs and maintain confidentiality.

An improperly configured business structure is a recipe for disaster for the owner and his business.

The necessity for some or all of the optional services will always depend on the actual circumstances of each individual client, and his business. These options should best be considered before placing an order for incorporation, although their integration at a later stage is also possible.

Tax options that can substitute a simple offshore.

Why Atrium

What separates us from our competitors is that our services don’t end with the registration of your company. We offer a wide range of additional services others can’t or just won’t offer, such as lifetime free support.

Whilst most providers either specialise on personalized consultation at relatively high rates or run bulk registration factories without any support, we want to offer the positive aspects of both types. Therefore Atrium combines professional advice, worldwide registration services, reasonable fees, customized order processing, lifetime support and fast processing. Where others see company formation services as a bulk registration with no support and no individual assistance, we do care about your business needs.

Advantages of establishing your IT business in Ireland

PRESTIGE – make your business more attractive to potential investors;

EU RESIDENCY – Fast track to Irish residency – start living and working in Ireland immediately;

NO RED TAPE – Ireland’s stable, business-friendly environment & transparent tax legislation ensure less hassle in dealing with government officials. Ireland has a vested interest in ensuring your business becomes successful;

LESS TAX – Substantial tax exemptions for research & development and grants are available for innovative IT products or projects, which allow you to save money & invest more in your business’ development.

Cyprus is considered to be a primary offshore and international business centre among approximately 50 countries offering facilities for these purposes.

Cyprus is a leading financial centre with one of the lowest tax rates among European Union countries, enjoying an extensive double tax treaty network, offering excellent professional services and a transparent regulatory environment.

The British Virgin Islands’ (‘BVI’) remains the world’s leading offshore centre for the incorporation of international business companies, with approximately 450,000 active companies currently registered in the Territory.

One of the key strengths of the BVI which explains its continued success in an increasingly crowded market for offshore incorporations is that it is considered to be a responsible, respected financial centre. The attractiveness of the BVI as providing a prompt, low-cost and flexible option to incorporate special purpose vehicles and other entities (particularly funds), has been embraced across the world, with many now referring to an offshore international business company as simply a “BVI”.

A popular offshore company these days is the Seychelles IBC. The Seychelles IBC is a flexible tax free company ideal for a wide variety of uses. Seychelles IBCs are commonly used as Holding Company (real estate, shares, equities) or consultancy and personal service company.

Confidentiality is one of the key features of a Seychelles IBC. The reason for this is due to the fact that the details of the Seychelles IBC’s beneficial owners, directors and shareholders are not part of the public record. This information is only kept at the offices of the Registered Agent in complete confidence.

A Seychelles IBC is an efficient entity through which to open an account at an E.U banking institution.

Should you have any question or matter you
would like to discuss or clarify with us

or

Should you like to receive further Information
about our services and fees, ……

Our Business Development Managers Team will be ready to guide and assist you!

Contact Us Now!

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