What is the tax system of offshore companies?

Offshore companies are favored by investors all over the world, and one of the most important points is that offshore companies have great tax benefits compared with ordinary limited companies.

Offshore companies in Virgin, Cayman and Cook are not required to pay income tax. It only needs to pay a small annual fee, so it is called a tax haven. Take the Virgin Company Law as an example. Dividends, interests, rents, royalties, compensation fees and other amounts, and capital gains arising from the company's shares, creditor's rights or other securities are not subject to income tax. Do not pay the inheritance tax or gift tax related to the company's shares, creditor's rights or other securities; Stamp duty is not paid for the company's operating documents.