It is believed that many people are unfamiliar with the essential features of offshore companies, and the second brother of the enterprise will give you a scientific introduction, Offshore company What are the feature features of. According to the definition of the Offshore Company Law, offshore companies need to have the following four elements:
1. Legal elements
The legal basis for the establishment of offshore companies must be the special offshore company law in the offshore jurisdiction, which is the legal element of offshore companies. For example, in the British Virgin Islands, the local law regulating offshore companies is the Virgin International Business Company Act, while in the Cayman Islands, it is an exempted company regulation under Chapter VII of the Cayman Islands Company Act.
2. Regional elements
The offshore company must be established in a specific offshore jurisdiction, which is the geographical element of the offshore company. There are many famous offshore jurisdictions on all continents in the world. These jurisdictions are mainly island countries. In order to attract investment and improve local economic development, local governments have specially formulated offshore company laws to encourage capital from all over the world to register in their local areas. For business income of enterprises, they are exempt from or charge a small amount of taxes, and only charge a certain management fee every year.
3. Operational elements
An offshore company may not operate in an offshore jurisdiction, or it is a company that excludes it from operating at home, which is an operational element of an offshore company. Almost all offshore company laws provide that once an offshore company is found to have signed commercial contracts with other companies in the offshore jurisdiction, the authorities will revoke the offshore status of the company.
4. Capital element
Generally speaking, the registered capital of offshore companies comes from the investment of investors outside the offshore jurisdiction, or the investors or founders of offshore companies are nonlocal, which is the capital element of offshore companies. From the point of view of the purpose of creating offshore company law in various countries, its essence is to facilitate the capital operation of foreign investors. In practice, companies established by investors (including natural persons, legal persons and other economic organizations) and capital form the main part of offshore companies.
The four elements of offshore companies, namely, legal elements, geographical elements, operational elements and capital elements, can be summarized Second Brother We have learned the characteristics of offshore companies.
