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Offshore Company Land NewsLetters?


Can I move my company offshore to save on taxes? 
Staff writer:
January 4, 2013

It depends on which country you are moving from and what your company does. Moving your company's registration to an offshore jurisdiction is essentially a clerical procedure. Generally the products or services offered by your company (if any) are not moved to the new jurisdiction - to be produced or offered out of there. Therefore if you have production or servicing operations in a country then it is likely that you will be subject to the tax laws of that country regardless of where your company is registered.

There are still tax and privacy benefits to be gained by moving to a low tax jurisdiction but your corporate tax rate would not solely depend on the location of your company's registration. Depending on what products or services your company currently offers, there are other ways to minimize your corporate tax burden without moving your company's corporate registration offshore.      

If you have any questions about the above, send us an email.