Set up your Global Business Structure reasonably
Hello to all businessman and to-be businessman,
Many of you know the concept of Offshore Company formation and the reason behind this is mainly better tax planning and secret business dealings. I am working in this sector for more than 10 years and have since advised so many foreigners to enjoy the different facets in Offshore, being a small, medium and large enterprise, tax payments does pinch your pocket.
Having a company under the Global Business Category will be liable of a tax rate of either 0% (complete tax exempt - for a Category 2) and a maximum of 3% (for a category 1). Below is a list of activities that might be of your interest:
Aircraft Financing and Leasing
Licensing and Franchising
Logistics and/or Marketing
Shipping and Ship Management
Information and Communication Technology Services
Non financial consultancy
Trading non financial
Passive Investment Holding
One off transaction using a Special Purpose Vehicle
Hope that you find your nature of business above and willing to expand your business with international presence and savings on tax payments.