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how to choose an offshore corporation |
Monika
Posted on: 23/02/2010
Posted at: 23:38:11
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Hello, there is a situation. I have to reduce income taxes for export production from Russia to USA. As I guess the best way is to use offshore. But which country to choose for this (e.g. Cyprus or Panama, or other). Thanks :)
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Ryan
Posted on: 25/02/2010
Posted at: 12:57:41
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Hi Monika
Why not visit our site (www.companiesexpress.com) to see the various jurisdictions we incorporate companies in and contact us for more information
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Dr. Zoltan K. Toth
Posted on: 26/02/2010
Posted at: 09:51:59
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Dear Monika,
I would suggest to you to use "cosmetic" company solutions in order not to wake suspicions on any end of your trading line.
We are a Hungarian law office specialized to international structures. To your case my suggestions would be Hong Kong, Uruguay or Brunei, none of them identified as tax evasion countries.
Should you need any further information please kindly visit our website www.drtoth.eu.
Kind regards,
Dr. Zoltan K. Toth
attorney at law
www.drtoth.eu
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Anonymous
Posted on: 26/02/2010
Posted at: 15:16:55
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Malta is an ideal jurisdiction to set up a company involved in international trade. Non-resident shareholders of a Maltese company will only pay 5% tax. Please contact me at pbt@maltanet.net and I will provide you with all the necessary information.
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Advisor - Turner Little
Posted on: 01/03/2010
Posted at: 13:37:49
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Hi Monika,
I understand your reference to Cyprus being from Russia, although I would suggest utilising a company incorporated in Belize, with removed 'ownership and control' using a Trust as Shareholder and a Nominee Director and with banking in Cyprus to offer the best posssible solution for your circumstances.
Please feel free to contact us to discuss the matter further by email to enquiries@turnerlittle.com or via our web site at www.turnerlittle.com
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Frank Camilleri - consultant
Posted on: 11/06/2010
Posted at: 13:37:56
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malta would be your best bet and quite a number of russians are already taking advantage of the tax benefits we offer. u can have an onshore/offshore company registered with maximum taxation at 5% and u can operate from any country while invoicing from your onshore company in malta. u can keep your international image via virutal offices in the countries of your operation. malta offers one of the best internationally recognised onshore/offshore financial services legislation in europe which i think will cover your needs most adequately. if u want to know more u may contact me on fcamilleri@intertecnica.com.mt or skype me on : fcamilleri
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Customer Service Team, PROFEL LTD
Posted on: 16/07/2010
Posted at: 14:30:44
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We offer customised solutions for cases exactly like the one you describe. We are a Global Business Services provider in the fields of Corporate Administration, Fiduciary Services, Audit/Bookkeeping, and Business Advisory Services, directly addressing the needs of international clients. We are located in Nicosia, Cyprus.
Contact us at: profel@profelltd.com
Website: WWW.PROFELLTD.COM
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Anonymous
Posted on: 04/09/2010
Posted at: 06:20:33
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I'm not a consultant but I recommend you the Cyprus company, it is cheaper than jersey, swisszerland, malta and reliable.
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Anonymous
Posted on: 06/09/2010
Posted at: 11:37:00
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Malta is an excellent location for International Trading Companies. I am an accountant specialised in the setting up and the administration of Malta registered companies. Please contact me at pbt@maltanet.net
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Steve
Posted on: 08/09/2010
Posted at: 23:11:10
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Monica
Having operated an international trading company for a number of years I would suggest using Belize IBC and Trust structure as the company you sell to from Russia and where Your American customers are invoiced from.
Andre at ASK CS is a UK based consultant who has years of expertise in this area.
His email is andre.nell@askcs.co.uk
He can organise the paperwork for your company and Bank accounts etc and because they have accountants on board they can handle other aspects for you.
cheers
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Anonymous
Posted on: 13/09/2010
Posted at: 14:25:59
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Hi Monica,
We would suggest that you consider a UK Agency Trading structure.
For more info; www.sadekya.com
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HPS
Posted on: 13/10/2010
Posted at: 08:14:14
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Dear Mam,
Cyprus is an ideal jurisdiction for low tax structures involving the Russian Federation.
The corporation, should you choose to set-up in Cyprus, will be taxed 10% on the taxable profits.
Any distribution of dividends shall be subject to 5% withholding tax in the Russian federation.
For more specific advice please contact me on low.tax.cyprus@gmail.com
The withholding tax on dividends is 5% and the
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Elinios
Posted on: 15/10/2010
Posted at: 05:00:52
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Hello Monika,
Not certain if you are still looking for an offshore jurisdiction.
However, I as a third party a business consultant suggests that if you product proceeds in the USA you should consider Panama for been neared additionally for other relevant reasons. The main reason you can sell your products from Russia to your corporation in Panama first, at whatever price you choose and then re invoice the product for the client in Panama. You do not pay taxes there for any gains on income arriving out side of Panama. None. I am there as well. Hope this helps you for further facilitation please contact investors_corner@yahoo.com
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Martin Katz Chartered Secretary www.martinkatz.im
Posted on: 17/10/2010
Posted at: 22:56:33
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Hi Monika,
You should consider a Limited Liability Company (LLP) set up in the UK with non (UK) resident owners. This is a tried and tested solution in this situation. I wouldn't actually set this up for you myself but I have a very good Russian colleague living in the UK who has been doing this for more than 10 years. Let me know if you'd like a introduction. Best of Luck Martin Katz email: martin@martinkatz.im
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LORD GREENVILLE
Posted on: 22/10/2010
Posted at: 16:30:48
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Dear monica you have to talk with a professional,but I suggest you cyprus,at present it's considered one of the best country in Europe for low taxation,recently agreements with russia make Cyprus one of the best.If you want to be sure anìbout what i told just look to pwc 2010 cyprus tax and you will see by yourself.Also Cyprus gives you ther passaport afetr ten years of rersidency.I am noty from cyprus and I do not work for pwc I am just a professional form Europe.If you do not pay tax at all look to Sark. Bye dasvidania
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Katerina
Posted on: 31/03/2011
Posted at: 12:12:37
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Dear Monica,
Cyprus may have a 10% ta but it does look better that a panama company. The registration and maintenance fees will be lower than any other jurisdiction and you will need much less documentation for the incorporation that Malta does.
You can contact me on k.motovilova@cypruslegal.com.cy, and we can offer you professional advice regarding the matter.
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Dr. Zoltan Toth
Posted on: 01/04/2011
Posted at: 12:08:26
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Dear Monika,
Kindly consider Hungary as your jurisdiction. Not an offshore company, EU-resident, prudent and acceptable operation. Company Tax rate is 10%, and company registration is done in 1 hour. Russian authorities would consider your Cyprus ot offshore operation as a tax-risk, while Hungary has clean and reputable profile.
Kindly visit www.hungariancompanyformation.com or please let us know if you require further information.
Kind regards,
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Michael Offshore-Gateway.org
Posted on: 21/06/2011
Posted at: 13:33:51
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No doubt all above mentioned jurisdictions offer some financial benefits. However, you must look at the broader picture. And by this I mean, a relatively location that is both low cost, low maintenance, flexible, speaks your language fluently and understands your business culture. For your situation, Cyprus seems most appropriate.
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Anonymous
Posted on: 21/06/2011
Posted at: 16:33:14
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Hello Monika,
You can choice a hong kong company. There's no tax concerning the revenue make outside in HK. And When you distribute a dividende for your there's no whitholding tax. The HK is not expensive fees.
If you want more details please take my email: v.tucci@fidekiem.sarl.lu
Kind regards,
Vincent
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