Did you know that most offshore companies or IBC's are not allowed to trade in the country it has been registered in? For example, if you incorporate a Seychelles International Business Company then the company cannot supply services or goods in the Seychelles itself. Hence the term 'offshore'.
This could cause an issue if you are personally resident in a country where some of the business activities take place. For example, if any of the trading is carried out in the home country of the individuals who control the Company (Directors/Shareholders), then the authorities, could question the actual 'base', 'controlling mind' or 'transactional' activities of the IBC. Even though an offshore company is registered 'offshore' it does not mean it can avoid being scrutinized by the authorities. We always recommend that you seek seperate legal tax advice from a reputable Accountant or Tax advisor prior to purchasing any Company.
In certain business conditions we advise for your offshore company to have more than its registered office address in the country of its original incorporation. Take advantage of our physical virtual office address and you can completely offshore your business. You will be given a genuine high profile office address where we can answer your incoming calls, forward your mail and even offer a suitable board room for any meetings.
These services would provide your offshore company with a more professional and comprehensive appearence which can be used on your website, business cards and letterheads thus given a bricks and mortar appearence in its active trading situations.
We use our Canary Island office for this service as it has an excellent reputation, as the Canary Islands, being Spainsh are part of the EU and have attractive financial incentives and a friendly approachable banking system.
Take advantage of our Canary Island based physical Head Office service where we can offer you and your company the following.
Trust Formations Limited and its affiliates do not provide tax, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.