Three Types of Offshore Zones

Offshore areas can be classified into three types.

Classic offshore - usually a small state with a low level of development of its economy, but politically stable (Bahamas, Panama, British Virgin Islands).

The legislation of these countries are fully exempt from taxation of offshore companies and there is no register of shareholders and directors of companies, which allows you to maintain a high enough confidence. These offshore companies are used for financial transactions, or as a kind of safe.

Zones of low taxation. In these states, offshore companies enjoy the benefits of taxation. It is compulsory to the financial statements for companies registered in these areas. These offshore areas are Cyprus, Ireland, Gibraltar, Hungary.

Zone, with the right approach to the legislation which created favorable conditions for tax and financial activities. This is the United States, Canada and the United Kingdom. Doing business in these countries is open, you need to pay taxes and fees, there are registers of shareholders, but there are organizational - legal forms that allow you to pay a fixed fee. These zone are suitable for conducting a solid business and keep your money. Each of these zones has its own quirks.

The choice of a band to create an offshore company, primarily depends on the profile of its activities. In world practice, have developed standard types of offshore companies, depending on their purpose in the business. This is primarily commercial - intermediary companies such as export-import, such distribution and procurement company. Companies holding type. These are operational - holding companies, investment companies owning ships or real estate companies that own commercial property. And the company's financial profile: financial intermediation, offshore banks, insurance companies, keptingovy company.

Even with such a variety of possible types of offshore companies the main type of activity to date, there are various expert - import operations.