http://robertgirga.com/RobertGirga/best-uses-of-an-offshore-corporation/Best Uses of an Offshore Corporation
Individuals and companies often decide to set up an operation outside of their nation of origin. Why do they do so and what are the best uses of an offshore corporation? First and foremost many world economies are growing while the European Union, Japan, Canada, and the United States are stagnant by comparison. Brazil is becoming the economic powerhouse of Latin America with stiff completion from Mexico. Russia has become the world’s largest oil and gas producer. Profiting in Panama has become popular as the small nation at the tail end of Central America grew its economy as fast as China’s during the first years of the century and never saw a recession. With all this growth around the world why limit a company’s business to regions of slow economic growth?
Let’s take a look at the best uses of an offshore corporation, how taking a business offshore saves on overhead, reduces taxes, and can put your business closer to new and expanding markets.
Tell Me about Tax Havens
Setting your business in a tax advantaged jurisdiction may be sufficient justification for going offshore and one of the best uses of an offshore corporation. Many nations do not deduct bank interest throughout the year. Many nations do not tax income that originates outside of the country. Many offshore locations are decidedly business friendly in their efforts to bring investment into the country. This attitude often results in significant tax breaks that last for years.
Effective Nations in which to Do Business
It is possible to set up a company headquarters in one offshore location, buy products from others, and sell to third locations. In the age of the internet much of business can be handled at the click of a button while profits can be banked in a nation that does not tax profits gained outside of the country. Salaries can be a major cost of doing business as can benefits. Finding a nation where salaries are low and benefits such as health care are covered by the government can result in significant savings in doing business. Countries such as Panama are transportation hubs which adds a completely different factor to business productivity.
Setting Up Shop Close to Your Suppliers and Your Customers
There is nothing like personal contact even in the internet world. When an important production facility is having problems management needs to be close enough to handle the problem. Having office operations offshore and close to suppliers, manufacturing facilities, and customer base can be very cost effective.
Close to the Growth
Brazil is growing and Mexico is catching up. Russia is moving to exploit its natural resource base in on the Pacific. Little countries like Panama are outgrowing debt ridden Europe. One of the best uses of an offshore corporation is to be where the economic action is, to meet the people, deal with the problems
1. Best Uses of an Offshore
Corporation
By
www.RobertGirga.com
2. Individuals and companies
often decide to set up an
operation outside of their
nation of origin.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
3. Why do they do so and what are
the best uses of an offshore
corporation? First and foremost
many world economies are
growing while the European
Union, Japan, Canada, and the
United States are stagnant by
comparison.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
4. Brazil is becoming the
economic powerhouse of Latin
America with stiff completion
from Mexico.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
5. Russia has become the
world’s largest oil and gas
producer.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
6. . Profiting in Panama has
become popular as the small
nation at the tail end of Central
America grew its economy as
fast as China’s during the first
years of the century and never
saw a recession.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
7. With all this growth around the
world why limit a company’s
business to regions of slow
economic growth?
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
8. Let’s take a look at the best
uses of an offshore
corporation,
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
9. how taking a business
offshore saves on overhead,
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
11. and can put your business
closer to new and expanding
markets.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
12. Tell Me about Tax Havens
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
13. Setting your business in a tax
advantaged jurisdiction may
be sufficient justification for
going offshore and one of the
best uses of an offshore
corporation.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
14. Many nations do not deduct
bank interest throughout the
year.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
15. Many nations do not tax
income that originates outside
of the country.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
16. Many offshore locations are
decidedly business friendly in
their efforts to bring
investment into the country.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
17. This attitude often results in
significant tax breaks that last
for years.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
18. Effective Nations in which
to Do Business
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
19. It is possible to set up a
company headquarters in one
offshore location, buy
products from others, and sell
to third locations.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
20. In the age of the internet much
of business can be handled at
the click of a button while
profits can be banked in a
nation that does not tax profits
gained outside of the country.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
21. Salaries can be a major cost
of doing business as can
benefits.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
22. Finding a nation where
salaries are low and benefits
such as health care are
covered by the government
can result in significant
savings in doing business.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
23. Countries such as Panama
are transportation hubs which
add a completely different
factor to business productivity.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
24. Setting Up Shop Close to
Your Suppliers and Your
Customers
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
25. There is nothing like personal
contact even in the internet
world.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
26. When an important production
facility is having problems
management needs to be
close enough to handle the
problem.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
27. Having office operations
offshore and close to
suppliers, manufacturing
facilities, and customer base
can be very cost effective.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
28. Close to the Growth
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
29. Brazil is growing and Mexico
is catching up.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
30. Russia is moving to exploit its
natural resource base in on
the Pacific.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
31. Little countries like Panama
are outgrowing debt ridden
Europe.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
32. One of the best uses of an
offshore corporation is to be
where the economic action is, to
meet the people, deal with the
problems, and gain customers in
the new economic powers of the
world.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
33. Avoid Being a Target
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
34. Whether it is a debt ridden
government that wants to tax
away your wealth
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
35. or a litigious lawyer who want
to have you pay for someone
else’s problems
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
36. one of the best uses of an
offshore corporation is
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
37. to put you business where
taxes a low or nonexistent and
lawyers need to jump through
many hoops to knock at your
door.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
39. Doing Business where there is
less red tape leads to profits.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
40. Doing business in a nation
that wants you to be there is a
great thing.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
41. Doing business where what
you think about is how to grow
you business
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
42. instead of deal with
government regulations
makes you flexible and
profitable.
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/
43. For more insight and useful
information about the best uses
of an offshore corporation, visit
http://robertgirga.com/RobertGirga/
best-uses-of-an-offshore-
corporation/