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  • The truths and myths about offshore companies
  • Who is eligible to set up an offshore company
  • Choosing the right type of an offshore company
  • Choosing the correct offshore jurisdiction
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Seychelles general information

Seychelles: general information

Presentation of general information about the Seychelles, peculiarities of the historical, political and economic development, investment environment, business industry and set of financial instruments as well as international reputation of the jurisdiction

Seychelles general information
Why to choose Seychelles?

Why to choose Seychelles?

Detailed research of features and advantages of all business companies types which could be incorporated within the jurisdiction of the Seychelles

Why to choose Seychelles
Seychelles: IBC & CSL

Seychelles: IBC & CSL

The brochure is devoted to research registration process, capabilities, tax rates and application practice in business environment of Seychelles IBC and CSL.

Why to choose Seychelles
Seychelles: Foundations, Trusts, Limited Partnerships

Seychelles:
Foundations, Trusts, Limited Partnerships

The brochure deepen in the essence of the next types of Seychelles entities such as foundations, trusts and limited partnerships which are considered suitable vehicles for international tax planning, assets protection and other financial activities.

Why to choose Seychelles
Seychelles: Cooperation between companies

Seychelles:
Cooperation between companies and banks

The brochure provides considering relationships between banks and entities that is a natural extension of opening an entity in the Seychelles.

Why to choose Seychelles
Seychelles: frequently asked questions

Seychelles:
frequently asked questions

The brochure summarizes the survey about Seychelles offshore and answers some frequently asked questions, which arise when acquainting with the Seychelles jurisdiction.

Why to choose Seychelles
UNITED KINGDOM: OVERALL REVIEW

UNITED KINGDOM: OVERALL REVIEW

In this brochure, examples of practical use of an LTD are examined eg provided detailed information on a business purposes as using an LTD as company receiving dividends, holding company and nominee or agent. Another one issue is to study complex guidance how to rule an LTD and LLP.

UNITED KINGDOM: OVERALL REVIEW
UNITED KINGDOM: LTD & LLP (part 1)

UNITED KINGDOM: LTD & LLP (part 1)

This brochure presents an information about tax rates and tax residence status in the UK. In addition, it is studying the details of the most demanded business structures, particularly Private Company Limited by shares (LTD) and Limited Liability Partnership (LLP)

UNITED KINGDOM: LTD & LLP (part 1)
UNITED KINGDOM: LTD & LLP (part 2)

UNITED KINGDOM: LTD & LLP (part 2)

In this brochure, examples of practical use of an LTD are examined eg provided detailed information on a business purposes as using an LTD as company receiving dividends, holding company and nominee or agent. Another one issue is to study complex guidance how to rule an LTD and LLP.

UNITED KINGDOM: LTD & LLP (part 2)
Public Limited Company

Public Limited Company

In this brochure, the leading experts of our company provide answers on the most popular questions related to this business structure. There is an excellent possibility to fill up your knowledge by information about doing business with the help of Public Limited Companies, receive an explanation on the rules how to sell the company's shares on the stock market and other advantages.

Public Limited Company
Scotland: WHY NOT?

Scotland: WHY NOT?

This brochure fulfilled the UK jurisdiction series with Scottish business structures. All the requirements, practice of application, advantages, main differences between the UK LLP and Scottish LP and other issues are examined in this survey.

Scotland: WHY NOT?
Hong Kong: Comprehensive Review

Hong Kong: Comprehensive Review

This brochure dedicated to inform about business atmosphere and business facilities in the studied jurisdiction, explain the reasons of popularity of Hong Kong entities for tax-optimisation purposes. Familiarity with this brochure is the first step on a way to the possibility of carrying on successful business in stable economic conditions of Asian region with maximum benefits.

Hong Kong: Comprehensive Review
Hong Kong: Choosing Business Vehicles

Hong Kong: Choosing Business Vehicles

The present research concerns the most popular forms of business organization in Hong Kong, as well as the basic rules of their use for the purposes of breaking down the tax burden. The brochure contains a number of clarifications regarding the demand for offshore structures in Hong Kong, a minimum set of requirements for the establishment and registration procedures.

Hong Kong: Comprehensive Review
Hong Kong: Frequently Asked Questions

Hong Kong: Frequently Asked Questions

This brochure summarizes the research concerning the reasons of popularity, business opportunities, tax rates, companies and partnerships in Hong Kong. This is an interview where our manager answers frequently asked questions, appeared during the time of studying the Hong Kong jurisdiction.

Frequently Asked Questions
Business Purposes: Regular Practice

Business Purposes: Regular Practice

The brochure says on corporate and classical targets of Hong Kong enterprises, provides examples of practical use of the enterprises established in Hong Kong. Here we specify the long-term and short-term goals of business structuring, as well as the use of Hong Kong enterprises to operate as a trading company, the company, opening a representative office in China and a holding company, which owns the rights to ownership of the company in China.

Business Purposes: Regular Practice
UnitedKingdomOverallReviewBrochurePopup
HongKongOverallReviewBrochurePopup

What is the use of offshore banks?

February 18, 2016

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Offshore banks are the institutions very popular in business environment nowadays. Except of increased attention they attract significant amount of capitals. It doesn’t matter whether you possess a boundless wealth or just own a company engaged into international activity offshore bank account will come in useful. So what are the offshore banks and why to choose them?

Such banks are usually incorporated in areas called tax havens being subjects to essential tax exemption and legislative regulations promoting operational liberty. Within a given territory offshore banking industry is organized to accept deposits and money investments only from abroad businesses without providing such opportunity to residents. This regulation is not applied to the rest of domicile conventional financial organizations which eke have no option to avail of tax burden elimination.Conventional banks serve tax havens’ citizens and resident companies holding their activity within the jurisdiction like in any other country.

On the other hand offshore banks get numerous privileges provided by the country of incorporation. These privileges differ from place to place depending on jurisdiction’s agreements with international financial institutions and other countries. So what are these benefits?

  • Operational Liberty

Unlike conventional banks offshore units are not strictly regulated by the state what means that they are free to conduct any exchange or investment operations and money transfers. Such organizations are able to suggest their clients uncontrolled money transactions in any amount.

  • Tax exemption

Offshore banks pay nil-effective or low tax rate. Money on Bank accounts as well as money operations are also free of tax.

  • Guaranteed secrecy

The highest level of bank privacy and operations’ confidentiality are always fulfilled by offshore bank institutions.

  • Political and economic stability

Jurisdictions of such banks’ incorporation are characterized by wise economic policy and smart performance in the international political arena.

  • Exclusive services

There are some special services which cannot be obtained in a conventional bank such as anonymous cards, numbered bank accounts, high-yield investment options, and so on. But it is possible to avail of them when opening an account in an offshore bank.

There is an opportunity to open offshore bank account in one of 2 types of banks: private and commercial.

Private offshore banks

Such institutions are oriented on high-income people suggesting them customized service of the perfect quality. Each client of a private bank has a personal adviser and has access to the most advanced and exclusive investment tools. Minimum cash deposit for opening an account sometimes amounts to 1 million of US dollars and never is set on the level below $100 000.

Commercial offshore banks

Such institutions are divided into 2 groups: commercial and retail banks. To open an account a client may deposit even $1 000 but some banks don’t require any minimum deposit. Such institutions facilitate international trading and suggest multi currency, multiple currency and savings accounts as well as some investment tools. Such banks provide a well-developed model of an Internet-banking so account operations may be conducted from any place of the world and at any time.


Peculiar Properties

However, offshore banks’ activity is not unanimously accepted by the entire business world. Financial organizations as well as authorities treat such banks with suspicion relating their activity to money laundering and tax evading. That is why offshore banks incur meticulous attention and control by international financial institutions such as FATF.

Another distinctive feature is that deposit accounts in offshore banks are not protected by an insurance or government guarantee to recompense a certain sum of money in case of bank’s liquidation. Jurisdictions economic stability acts as a guarantor of bank’s solvency and stability.

Finally offshore banks charge higher fees for accounts maintenance comparing to onshore financial institutions. Usually clients have to pay fees for opening or closing their accounts as well as monthly maintenance fee. In some banks clients may be required to pay fees for depositing money or account balance replenishment.

In a word

One of the main tasks of the entrepreneur in the process of offshore conducting business is to minimize his or her presence in the country from which the funds received. It follows that any accounts in the customer location are unacceptable. It is obvious that in such a situation is necessary to open a current account in the bank of any offshore jurisdiction.

It goes without saying that offshore financial institutions bring many benefits to their clients facilitating international relationships, global trade and yield accumulation. Offshore-Express Company will assist you in opening an account in the most suitable offshore bank and in the shortest time.

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Телефон:01 76 38 01 12, E-mail: contact@offshore-express-company.com