Papa Was A Rolling (Offshore) Stone
Did you know that some of the famous names in music and film use the benefits of offshore Companies and Trusts to reduce their income tax and protect their assets?
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The Concept Of Offshore Tax
The important concept to remember about about benefiting from offshore tax havens is that the control and management of the tax generating entity (be it a company, a Trust or a Foundation) must be in the low or zero-tax jurisdiction.
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Tax Free Solution For International Trade
The United Kingdom has long been regarded as a tax effective jurisdiction for people not doing any trade within the UK. Much like the US LLC (such as a Delaware LLC – but my favourite is the New York LLC) – so long as you do not trade in the UK or derive profits from the UK – you can form a structure with a UK presence but reap the profits – tax free!
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Yacht Management In The Isle of Man
Yacht Management is a necessity if you or your company owns a mega-yacht. Purchasing and running a yacht is expensive in its own right – but having your yacht or ship managed offshore can mean saving an enormous amount of tax!
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United Kingdom – Tax Effective?
The United Kingdom as a tax effective jursisdiction? Absolutely. The UK offers some of the most tax efficient structures available to the world wide community. As long as there is no trade within the UK – then you can benefit from the prestige of a UK company whilst enjoying tax free profits.
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British Virgin Islands (BVI) – International Business
British Virgin Islands (BVI) is a British territory, located in the Caribbean. The islands make up part of the Virgin Islands archipelago, the remaining islands constituting the United States Virgin Islands.
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Isle of Man – Offshore
The Isle of Man is situated in the heart of the British Isles. The country is an internally self-governing dependent territory of the British Crown. It is an independent sovereignty and not part of the United Kingdom.
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