Through the last article, the second brother Offshore company I believe that everyone who has read the definition has a preliminary understanding of offshore companies. Now let's answer the difference between offshore companies and general limited companies?

Company and general limited company owners Actually, offshore The difference lies in taxes.

Generally, limited companies collect taxes according to their turnover and profits. The offshore companies are different from the two commonly used ways of collecting taxes. The government of the offshore jurisdiction only collects annual management fees from the offshore companies. In addition, no taxes will be collected. In addition to tax incentives, almost all offshore jurisdictions expressly provide that:

The Company's shareholders' information, equity ratio, income status, etc., enjoy the right of confidentiality. If shareholders are unwilling, they may not disclose to the public. Another advantage is that almost all major international banks recognize such companies, such as Chase Bank in the United States, HSBC Bank in Hong Kong, Singapore Development Bank, and Credit Agricole Bank in France. The offshore company can open an account in the bank, which is very convenient in financial operation.

General "Offshore" regions and countries have good trade relations with developed countries in the world. Therefore, overseas offshore companies are financial instruments frequently used by many large multinational companies and individuals with high assets. Many companies hoping to list abroad achieve their goals by establishing overseas offshore companies.

In short, apart from the differences in tax treatment between offshore companies and general limited companies, other aspects of offshore companies are similar to general limited companies. They will not be treated differently, nor will they be recognized by major international banks. If you want to set up offshore companies, you can set up them with confidence.