HELIAMAR offers customised tailor-made offshore legal strategies for your business, finances and residence to help you secure and grow your wealth.
We give you the tools you need to reduce your tax bill, protect your assets and become global citizens.
Our team of consultants are on hand to find out about your specific requirements and take you through the process from start to finish. Once your offshore company is set up in your chosen jurisdiction we can also provide a range of expert services to help you in company maintenance.
Offshore companies can broadly be divided into two groups based on their tax status.
Companies which are not subject to any form of tax in their home jurisdiction are generally known as international business companies. These are typically obliged to pay an annual charge to the Registrar of Companies or another government authority, which ensures that the company remains in good standing. The annual charge is usually called a government licence fee.
Of the jurisdictions listed above, the following offer offshore companies which are fully exempt of tax: Belize, BVI, Nevis, Seychelles and United Arab Emirates.
The second group of offshore companies comprises those which are subject to tax in their country of incorporation. While there is an obligation to pay tax, the actual rate of tax is usually quite low in comparison to other jurisdictions. It may also be the case that these offshore companies are entitled to a preferential tax treatment, such as receiving tax concessions or only being taxable on a certain portion of their income.