Samepage has assisted clients to set up their ideal company all over the world for years. Recently, it has been increasingly challenging to set up an optimum offshore structure due to additional economic substances introduced as well as stricter onboarding requirements from international banks.
Despite many people falsely assuming that offshore companies are only used for money laundering and tax evasion, many global businesses are still setting up offshore companies to reap the multiple benefits available. Properly structured, an offshore company setup is an optimum solution for many global companies while structuring their businesses. Samepage strives to assist all our clients to decide on the best offshore company structure with good banking facilities and ensuring that the companies remain compliant with global tax regulations.
Properly structured, an offshore company setup is an optimum solution for many global companies while structuring their businesses. Samepage with it wide networking is dedicated to assist all our clients to identify the best offshore company structure with good banking facilities and ensuring that the companies remain compliant with global tax regulations.
Offshore Company Formation offers numerous benefits, not only financially but also legally. For the past decade, our team has helped both businesses and individuals set up such companies to manage their assets. Samepage assists our international clients to set up offshore company. Properly structured, an offshore company will allow you to enjoy multiple benefits including tax advantages, asset protection, access to global banking and opportunities to expand your business globally. Samepage ensures your offshore company is compliant with local regulations so you can conduct your everyday business operations with a peaceful mind.
Your legal fintech journey, streamlined in one stop.
Worldwide insights, localized legal fintech expertise.
Yes, offshore companies have increasingly become more popular over the past few years. This is due to the multiple advantages such as tax optimization, asset protection, global business expansion and access to overseas banking. Offshore companies are suitable for both individuals as well as businesses.
A company is regarded as offshore if it has minimal economic substance within the jurisdiction where it is incorporated. Businessmen choose to register offshore entities as they may enjoy tax exemptions if they limit their trade to outside of the borders of the jurisdiction where they are incorporated.
No, it is not illegal to register an offshore company. As reported in media, many offshore companies are used for tax evasion, tax avoidance and tax fraud. For all our clients, Samepage will advise you on your personal and corporate tax obligations. This is to ensure that you remain compliant with international tax obligations.
This ultimately depends on the long-term business goals of your company. By paying a minimal amount of corporate or withholding taxes, you are able to enjoy access to better banking facilities. If you are a small company that is just starting out with limited capital, a traditional tax haven may be more suitable as there are not accounting nor tax nor share capital requirements.
Download Brochure
Download Brochure