If you want to set up a company now, then you can both start and run one in the home country or you can opt for an offshore location like BVI or British Virgin Islands and start an offshore business there. When you analyze these two options, you can really explore the fact that doing an offshore business can be very beneficial for you. When you do an offshore business, you can avoid the local taxation system and the strict laws. Due to this local taxation system, you might pay high amount of taxes and this money comes directly from the income that you generate through your business. But when you set up company BVI, you can really take advantage of the tax neutrality like aspect. At this part of the world, businesses use to pay fewer taxes. Due to this reason, there is always a chance for you to earn more and generate more profit while doing an offshore business BVI.
1 Comment
6/7/2023 05:27:33 am
We’re excited to announce that ANNA is teaming up with MadeSimple Group to offer free company registration when you open an ANNA business account.
Reply
Leave a Reply. |
Archives
February 2021
Categories
All
|