I've heard that offshore companies help reduce taxes and simplify international transactions. But how realistic is this? What exactly are the benefits, and are there any hidden drawbacks that could become a problem?
Offshore companies are often used for international trade and asset protection. The main advantage is tax optimization and confidentiality. This forum has examples of successful use of offshore structures. For a detailed study of the features of offshore accounts, you can go here https://www.offshorecorptalk.com/forums/bitcoin-altcoins-cryptocurrency.15/ . In addition, there is information on the rules for opening companies in different countries, for example, here.
Offshore companies provide businesses with flexibility and tax optimization opportunities. But it is important to consider that such schemes may raise questions from tax authorities, so you need to act carefully.
Offshore companies are often used for international trade and asset protection. The main advantage is tax optimization and confidentiality. This forum has examples of successful use of offshore structures. For a detailed study of the features of offshore accounts, you can go here https://www.offshorecorptalk.com/forums/bitcoin-altcoins-cryptocurrency.15/ . In addition, there is information on the rules for opening companies in different countries, for example, here.
Offshore companies provide businesses with flexibility and tax optimization opportunities. But it is important to consider that such schemes may raise questions from tax authorities, so you need to act carefully.