Because of misconceptions, many entrepreneurs are hesitating to establish a company in a tax haven. Nevertheless, to create an offshore company proves to be very interesting. Myths regarding an offshore company.
Many people (! And even the entrepreneurs) believes that:
• Only the large groups with great fortunes can benefit from a company located in a tax haven.
• Companies based in tax havens are illegal and encourage money laundering and tax avoidance.
• Behind an offshore structure is always hiding scheming and illicit activities.
• The creation of a company in a tax haven is expensive.
However, it should be noted first that the creation of an offshore company is available to all entrepreneurs without exception. As from the legal aspect, know that a company established in a tax haven is completely legal. Indeed, the Decree 92.521 of 16 June 1992 provides that any natural or legal person established within the European community may be an entity in the legislation of its choice even if he is not resident there for tax purposes. And about the activity, it should be noted that the activities of an offshore company are subject to government regulations and have nothing of illegal. And what about the cost of creating an offshore structure? Unlike those many thoughts, to create an offshore company is not that expensive if is considered all the benefits offered. This is the same for the companies management.
That's it, are you now considering to create your offshore company? To get the most advantages of your offshore company, rely the establishment to a specialist in this field. World-Offshore is a specialized offshore service provider since 2005 that can support the formation of your offshore structure. The site www.world-offshore.com will tell you more about this office.