The meaning of "offshore" means that the investor's company is registered in an offshore jurisdiction, but the investor does not have to go to the local area in person, and its business operation can be directly carried out anywhere in the world. For example, a trading company is registered in the Bahamas, but its trading business can be conducted between Europe and America. Unlike the usual practice of collecting taxes according to turnover or profits, the offshore jurisdiction government only collects annual management fees from offshore companies, and other than that, it does not collect any taxes.
In addition to tax incentives, almost all offshore jurisdictions expressly stipulate the company's shareholder information, shareholding ratio, income status and so on. Enjoy the right to confidentiality. If shareholders don't want to, they can not disclose it to the public. Another advantage is that almost all major international banks recognize such companies, such as Chase Bank in the United States, HSBC Bank in Hong Kong, Development Bank in Singapore and Credit Suisse Oriental in France.
Popular offshore company registration places
1, British Virgin Islands
The British Virgin Islands, also known as the British Virgin Islands, is located between the Atlantic Ocean and the Caribbean Sea, covering an area of 65,438+053 square kilometers. Advantages: The British Virgin Islands has been granted permanent tax exemption, so tax-free companies registered in BVI do not need to pay taxes and are not subject to foreign exchange control, and the local government requires very little information to be submitted. Therefore, it has attracted many multinational enterprises and individuals to register BVI companies. For mainland businessmen, the British Virgin Islands has become the most popular offshore company registration place after Hong Kong.
2. Seychelles
Seychelles * * * Republic of China, referred to as Seychelles, is an archipelago country located in the Indian Ocean in East Africa. Advantages: Seychelles companies are free to name, can use Chinese and English names to register companies, have zero registered capital, and can open corporate bank accounts all over the world, so Seychelles is also the first choice for offshore companies to register in China.