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Going Offshore

By way of background, Global Money Consultants is an established and reliable provider - since 1985 - of offshore, onshore and international company formation services. Our client base is diverse and includes consultants, expatriates, entrepreneurs, financial institutions, corporations, legal and accountancy professionals and also individual clients. Our services include:
  • Assisting clients to establish offshore and onshore companies in a wide range of jurisdictions
  • The provision of nominee directors and nominee shareholders and secretaries and Registered Offices
  • Assisting client companies in the opening and administration of bank accounts
  • Company administration and management services
  • Procurment of offshore trusts and offshore foundations
  • Registration of commercial vessels, pleasure boats and aircraft in various offshore and onshore jurisdictions  
At Global Money Consultants we are at the service of the international business community for the last 23 years and we take pride living up to our motto: "The Offshore Specialists".

       GOING OFFSHORE: Reasons and Benefits

The motivations for individuals and corporations to utilise offshore planning and offshore companies include the desire to:

  • Reduce tax
  • Protect assets
  • Manage risk
  • Maintain privacy
  • Avoid bureaucracy
  • Reduce costs
  • Enhance assets.

Going Offshore: Reasons
More broadly, the reasons for going offshore and utilising offshore companies for tax planning and offshore business include:

  • Free remittance of profits and capital
  • Access to top-rated debt history jurisdictions
  • Access to tax treaties
  • Security of property rights
  • Accessing low cost areas
  • Banking privacy
  • Availability of offshore experts
  • Access to foreign insurance and reinsurance
  • Enhanced privacy
  • Customs and duty exemptions
  • Exchange convertibility
  • Government cooperation
  • Fair treatment
  • Territorial taxation on foreign income
  • Fewer restrictions
  • Sanctity of contracts
  • Foreign investment inducements
  • Tested legal systems
  • Higher yields and returns
  • The availability of sophisticated banking facilities
  • Reduced taxation
  • The search for political stability

Offshore Companies Applications
The principal uses of offshore companies are:

  • Trading
  • Investment
  • Holding
  • Financing
  • Professional services or consultancy
  • Patent, royalty and copyright holding
  • Ship management and yacht owning
  • Personal and corporate tax planning
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