What advantage in offshore areas?

What advantage in offshore areas?
Geographically to the offshore areas include whole independent country, separate administrative districts and former colonial possessions.
They have in common is the fact that foreign-owned (non-residents) of companies registered in their jurisdictions,the tax on income from foreign sources or charged for "divine" rate (4,25-10%), as opposed to "onshore" territories, or no fee at all (power limited to a low annual fee in the range of 100 to 1000 U.S. dollars).

Corporate secrecy - one of the first and the main advantages of offshore companies. In many countries, information about the owners of the company are in a public commercial register (in Belgium, for example, any person may obtain a copy of the constituent documents of interest to the company, reports on the appointment of directors, etc.). And it is enough to apply to the commercial register to get full information about who owns the company. In other countries, information about the owners of the theoretically available to outsiders, but it still is in the registry. In this case, you can assume that the information is open: there is always a minor official, ready to give the necessary help "for a reward." Some States have issued special laws on saving names of the owners of a secret, but do keep that information in all the same special register. Finally, the last group of countries - offshore - the most friendly to the idea of ​​corporate secrecy: the names of the owners of the companies here are not entered into any registers. A charter documents and certificates contain only the names of nominee directors, secretaries or other authorized persons.

Legislation offshore jurisdiction generally requires that its territory was registered office and secretary (and / or agent) company.

An offshore company may have a resident representative offices and branches abroad.

Sometimes the director is the owner. But often, the director of an offshore company - the person rated. This means that a nominee director is formally in office. In fact, he undertakes not to take any actions not covered by the contract between him and his principal. Management of the company in this case provides the owner or his representative, who receives power of attorney to the commission of legal action on behalf of the company.

Registration of offshore companies is available in jurisdictions that have the appropriate legal framework. The meaning of the offshore business is that overseas there is a new "independent" entity of economic relations, which is completely under the control of a foreign entrepreneur. An offshore company may superficially look like an independent partner, for example, the Ukrainian company. Is based on that of the most common tax planning schemes using offshore companies.

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