288
When a businessman looks for ways to reduce his tax burden, domestic fiscal services perceive the entrepreneur's actions as illegal, which entails numerous checks and fines. However, there are ways to circumvent the tax legislation without violating the ego. One of them is opening a business abroad https://www.advancedconsulting.ru/.
Advantages of opening a business abroad
The main points that contribute to the growth of the popularity of opening a business in the territory of other states are the loyalty of the tax policy of various foreign jurisdictions, as well as the high level of confidentiality of their banking institutions.
Also, the advantages of doing business abroad include:
- provision of a wide range of services for re-registration of the company in case of purchase of a ready-made business by a non-resident;
- legal support;
- support of economic activity;
- the possibility of legal tax planning and the absence of overpayments;
- the opportunity to take a loan on loyal terms in the financial institution of the country where the business is registered.
Another important factor for domestic businessmen is the possibility of obtaining citizenship of the jurisdiction where entrepreneurial activity is registered. Why? We think this needs no explanation.
Offshore zones or the USA and EU countries?
Just a decade ago, offshore zones were especially popular among entrepreneurs, the advantage of which was as follows:
- complete anonymity of the client and his firm's activities;
- full or partial exemption from taxes;
- limited liability of the entrepreneur;
- savings on audit and accountant services.
However, with the tightening of financial requirements established by offshore jurisdictions, entrepreneurs have turned their attention to the USA and the countries of the European Union. What is the reason for this?
- companies registered in these territories have a high rating and authority in the market;
- virtually unlimited opportunities for the owner of the company and its key employees: the possibility of obtaining a residence permit in the country where the company is registered, free movement anywhere in the world, acquisition of real estate and obtaining loans on preferential terms, as well as a number of other advantages unavailable to company owners from other countries .
In contrast to the registration of a company in offshore jurisdictions, when opening a business in the USA or the countries of the European Union, it is necessary to take into account the fact that taxes will still have to be paid. However, with a competent business organization, this item of expenses will be well justified, considering all the advantages that the entrepreneur receives.
As for starting a business in the USA, preference is given to registering companies in states such as Nevada and Delaware, where it is possible to organize entrepreneurial activities in the form of a corporation or limited partnership. In such cases of doing business, the director of the company is exempted from personal responsibility. In addition, in these states you will not have to pay local tax.
In order to understand all the nuances and correctly register entrepreneurial activity, you will need a fairly large amount of time. It is precisely with the aim of saving the latter that we recommend you to seek help from our lawyers. Specialists of our company will listen to you carefully and select a jurisdiction that is in accordance with the activities of your company and the goals of its opening.
