What does an offshore company mean? This is a common name in business today. Offshore company? (Offshore company) suddenly attracted attention, for a moment, offshore company? I think so? Tax avoidance? 、? Hide? 、? Money laundering? Yes, synonyms. Actually, in BVI- British Virgin Islands? Offshore company? , and established in Switzerland? Digital account? They are all legal, but what if they are used? Offshore company? Or? Digital account? Doing something illegal is another matter.
What do you mean? Offshore company? In a broad sense, is it? Overseas companies? More specifically, it is those overseas companies set up specifically to facilitate capital operation.
China? Reform and opening up? In the early days, in order to attract foreign investment, the government formulated a lot? Discount? Policies can only be enjoyed by foreign investors. Some? Domestic capital? Companies, especially those state-owned enterprises with foreign trade rights, go to Hongkong to register a company in order to enjoy preferential policies for foreign investment in China. Domestic capital? The company's foreign exchange was trapped in Hong Kong and then invested in China in the name of a Hong Kong company. In this case, what is the purpose of this Hong Kong registered company? Facilitate capital operation? Strictly speaking, the establishment of overseas companies is to defraud the government's preferential policies, but for a long time, the government pretended not to see it, knowing that it was domestic capital, and still gave preferential conditions to foreign capital. Fortunately, it is a state-owned enterprise, and it is one of our own.
If investors want to be more secretive, they need to register their companies in the British Virgin Islands and other places, because the laws there strictly keep the identity of the company's shareholders confidential. Of course, in addition to the British Virgin Islands, there are many places in the world that offer this service, such as the Cayman Islands. Hong Kong itself remains an ideal place to set up offshore companies.
Why do investors keep their identities so secret? There are various reasons. Many people in the world, especially celebrities and rich people, don't want to do things directly with their real identities, such as bidding for a famous painting or an antique, and don't want people to know the real name of the buyer. In order to make overseas acquisitions or holdings, large companies often use? Offshore company? In the name of ...
The British Virgin Islands provides this strictly confidential company registration service for foreigners to earn registration fees, but companies are not allowed to carry out substantive business in the local area and do not need to open bank accounts in the local area. In other words, they only provide? A leather bag company? Registration service. If you want to register a BVI company, it's a piece of cake. Any accountant or law firm in Hong Kong can handle the formalities for you. They even registered many different names for the convenience of customers? Offshore company? Whatever the customer chooses, just change the name of the shareholder.
Use? Offshore company? In the name of investment or holding, a law firm may be entrusted as a representative without disclosing the real names of shareholders. You can do the same in the United States, but now the management of the American government is getting stricter and stricter, and you often have to trace it? Offshore company? The real names, identities and sources of funds of shareholders.
No doubt? Offshore? The company is legal, but is it useful? Offshore? What does the company want to achieve? Tax evasion? 、? Hide property? And then what? Money laundering? The purpose is illegal.
Why do some people like to entrust that Panamanian Mosak Fonseca law firm to handle it? Offshore company? What about the registration procedure? I think the only explanation is that this 40-year-old law firm has a good and reliable reputation for confidentiality. It is the company that is strictly confidential today, and the consequences are serious. Although some political parties deny it, some remain silent ..... (Further analysis of this Panamanian law firm tomorrow).
Today, almost all state-owned enterprises are established for various purposes? Offshore company? . 20 1 1, the government ordered the clean-up. When state-owned enterprises set up overseas companies, they often entrust individuals as representatives. What if someone appears as someone? Offshore company? Shareholders, please don't read too much. Unless there is no formal authorization or no report to the government, you can't assume that someone has violated the law.
What are the advantages of offshore companies in international trade? With the promulgation of the new trade law and the liberalization of import and export rights, the pace of small and medium-sized enterprises and natural persons entering international trade is accelerating. But international trade is not? Business? It's so simple, it covers a lot of knowledge and fields, so there are also many risks. The biggest advantage of small and medium-sized production (trade) enterprises and natural persons in international trade is to master the information of products and foreign customers, and other complicated links do not have enough experience and manpower. From the perspective of socialized division of labor, it is the best choice to give full play to its own advantages and outsource other complex businesses to professional foreign trade companies. Therefore, it is the most important and economical way to find a foreign trade company as an agent. However, there may be a series of risks such as the theft of trade residence and the occupation of export proceeds. The following describes the role played by offshore companies in international trade:
First, avoid the occupation of export earnings:
Find a foreign trade company as an agent, and the foreign money will be returned to the bank account of the foreign trade company first. However, foreign trade companies are getting more and more depressed now, and the situation that export proceeds are occupied may happen from time to time: the first possibility is that the head office of foreign trade companies or other departments occupy the payment; The second possibility is that the creditors of foreign trade companies (foreign trade companies are depressed and debts are common) sue foreign trade companies or forcibly deduct money; The third possibility is that foreign trade companies deduct money from creditor banks, and this possibility will become more and more serious: the state will eventually push state-owned banks to the market, and the premise of listing banks is to clean up assets and bad debts. Once the bank clears up the bad debts, the deduction is inevitable.
In any case, one of the above three situations is fatal: the goods are taken away by foreign customers, the payment is occupied or withheld, the factory payment cannot be paid, and the whole trade chain is interrupted. There may not be such a problem now, but the risk is increasing. Once it happens, it is absolutely fatal for an intermediate trader.
This problem can be completely solved by using the offshore trading operation mode of Hong Kong (offshore) companies: documents and negotiations in the name of Hong Kong (offshore) companies are under the control of their own banks, whether they are spot or forward, until foreign funds come back. Suppose a foreign trade company has a debt dispute at this time, you can put the foreign exchange in your own account for a period of time or transfer it to other safe bank accounts of the foreign trade company, and then form RMB to transfer the payment to the factory quickly. It is much safer to stay in the account of a foreign trade company for only one day (that is, the risk of staying for only one day) than to be detained for at least one month before. You can even pay the factory directly by cheque endorsement transfer without leaving the foreign trade company account, and there is absolutely no risk.
Second, prevent the transaction information from being stolen:
Looking for a foreign trade company as an agent, the letter of credit (or D/P, D/A, T/T) will pass through the foreign trade company first, which is likely to be seen by other salesmen and foreign exchange settlement personnel in the letter of credit notification department. Driven by interests, there is no guarantee that no one will use this information maliciously. Once the information is stolen, it is very passive for customers. Besides, no one can guarantee to use foreign trade companies all the time. Once there is any change, it will also affect the credibility of foreign customers. Even if foreign customers are old customers, they will not be pried away, but with the increasingly fierce international trade competition, China's profits will be less and less (for factories, customers and foreign customers alike). When the profit is less than a certain level, the cost reduction is quite attractive to any party. At this time, if competitors (or customers' factories) steal your information and quote foreign customers a lower price than you, foreign customers may be reluctant to protect themselves. Even if competitors don't poach your foreign customers, foreign customers are likely to bargain with you knowing that others' quotations are lower than yours, which is not good for you.
However, if you do international trade through Hong Kong or offshore companies, sign contracts with foreign customers in the name of Hong Kong (offshore) companies and accept letters of credit in favor of Hong Kong (offshore) companies, all trade information is under your personal control, so as to prevent trade information from being stolen by others.
Three, do not use funds to earn profits from middlemen:
There are both foreign buyers and suitable domestic manufacturers, that is, there is no money, and manufacturers are unwilling to accept only letters of credit, so the lucrative profits of middlemen can only be given up. Using Hong Kong (offshore) company can solve this problem: foreign buyers open letters of credit for your Hong Kong (offshore) company, and then you transfer the letters of credit to the factory. You don't need a penny deposit, but you can also hide confidential information such as foreign buyers and prices. Similarly, import trade is also very easy: the domestic final buyer will open a letter of credit for your Hong Kong (offshore) company, and then you will transfer the letter of credit to the foreign seller.
Four, foreign exchange funds can be freely allocated, not subject to foreign exchange control:
In international trade, whether it is import or export, the free receipt and payment of foreign exchange is very important. However, at present or for a long period in the future, China still implements foreign exchange control, which brings great inconvenience to the trade operation in practical work. An offshore company is an offshore company, and its foreign exchange account opened in China is offshore account. Legally, China admits that it is not subject to foreign exchange control. This offshore account is a free foreign exchange account, whether it is remitted or remitted; Whether abroad or at home; No matter companies or individuals, foreign exchange is freely received and paid, and the three can be used interchangeably.
The above is the overall concept, and the specific benefits are as follows. For export, offshore companies can freely collect and pay domestic and overseas commissions, pay sea freight and insurance premiums, and facilitate tax refund verification. For imports, offshore companies can not only receive and pay freely
Domestic and foreign commissions also include advance payment, import payment, opening or transferring letters of credit and so on.
Five, improve the speed and efficiency of export tax rebate:
At present, foreign trade companies in some areas are too slow to refund taxes. Since you have your own overseas companies and the initiative is in your own hands, you can find foreign trade companies in areas where export tax rebates are fast. And if you have the right to write off the export of import and export factories, then the tax refund will be faster, in fact, there is no tax at all. (There are regulations in the country: for direct export from factories? Free? Policy, the popular understanding is not to levy or retreat)
Q:
I want to cancel the tax refund quickly, but it will take some time for the foreign payment to arrive. What should I do?
(2) Some time ago, several tickets were exported, and the balance of tax refund was less than the amount declared for export, so that there were still many balances that had not been written off for tax refund. Can offshore companies solve this problem?
A: No problem. This is also the biggest advantage for offshore companies to write off tax rebates. The offshore company's account in the bank is offshore account, and remittance is free, which is not subject to foreign exchange control: as long as you have foreign exchange in your account, you can freely remit foreign exchange into domestic bank accounts at any time, regardless of the number of votes and amount, for settlement and verification, and for tax refund. That is, you can write off the tax refund in advance or reissue the tax refund amount that has not been written off.
VI. Helping enterprises to avoid trade and non-trade barriers:
When Chinese domestic enterprises export products to developed countries such as the United States and Western Europe, they usually need to go through a series of related procedures, such as quotas, and spend an extra 1? Twice the cost. At the same time, in order to protect the interests of their own enterprises, these developed countries often impose restrictions on enterprises in developing countries, such as tariff barriers, anti-dumping, countervailing, green barriers and technical barriers. If an enterprise owns an offshore company, which exports to its own offshore company and then to these developed countries, it can avoid the discrimination and restrictions of these trade and non-trade barriers to some extent.
Seven, financial operation, reasonably reduce costs and increase profits:
Under the premise of not violating laws and regulations, it is the business strategy of every enterprise to avoid or reduce taxes as much as possible. The biggest advantage of offshore companies and offshore businesses is to reasonably reduce costs and increase profits through financial operations.
Eight, combined with production enterprises, capital operation, the establishment of foreign-funded enterprises, with import and export rights:
Export production enterprises? Trade middleman? Foreign customers are three indispensable subjects in the international trade chain. However, with the increasingly fierce international trade competition, the profit space is getting smaller and smaller. At the same time, with the increasing transparency of market information, the situation of trade intermediaries is becoming more and more difficult. Combining with production enterprises is the only way for trade middlemen to become bigger and stronger. Offshore companies not only provide many benefits for trade intermediaries in avoiding trade risks, but also play many advantages in combining with production enterprises. Because offshore companies belong to foreign enterprises, they can use offshore companies to acquire assets or equity of domestic production enterprises for capital operation. You can also set up foreign-funded enterprises with domestic production enterprises, which naturally have the right to import and export. In this way, the use of offshore companies not only maximizes profits, but also enjoys various preferential policies of the state. This is also the highest realm of offshore companies.