It is common knowledge that many European and American companies, even though operating in their own territories, are in fact so-called offshore companies. It turns out that there are many benefits of being an offshore company and many of the companies you know count as one of them.
One of the most obvious benefits of the existence of offshore companies is tax evasion. Being able to pay less in taxes is a good incentive to found offshore companies. Who wouldn’t want to pay less tax if there are effective ways to make this happen? This is exactly what offshore companies are for.
If you have a look at gws-offshore.com, you will easily notice that offshore companies are registered in some really exotic destinations in the world such as Panama or Cyprus for example. There is a good reason this is the case. After all, they are simply tax havens for all those who want to avoid paying too much in taxes.
It is not a secret that in order to found a company in another country one needs to have the knowledge how to do it properly. Usually, some help from professionals might be of the essence to make that happen as actually very few people in the world have the right knowledge to advise when it comes to starting offshore companies. I recommend that if you are in a position in which you want to start one soon you look for the right people to help you get started. Otherwise, without proper knowledge, you might end up making many mistakes that can even cost you a fortune and this is not something you want to happen.