3 Reasons for an Offshore Company

[@tonydCFO]

What are your views on setting up and operating an offshore company? Does it sound appealing? ⏱️ Time Stamps: 0:53 - A refresher on what exactly is an offshore company? 1:27 - Is it legal to go offshore? 2:37 - 3 key reasons for an offshore company 6:36 - Some different types of offshore entities.

[@DP-bo4yw]

Awesome video. Learnt something that always intrigued me. Thank you.

[@tonydCFO]

Hi DP, thank you very much for your sentiments.

[@michaelgreen5515]

Good advice.

[@tonydCFO]

Glad it was helpful Michael - thank you for watching

[@mohamedsalahudeen8376]

Excellent precision video you'll are the best

[@tonydCFO]

Hi Mohamed, thank you very much for your positive comment.

[@stephendahl8079]

Good and clear video, great advice!

[@tonydCFO]

Thank you Stephen

[@alexysharp5391]

Good vid, Tony. Thank you.

[@tonydCFO]

Hi Alexy, thank you for your positive comment and support.

[@a.benyattou]

Thank you for your presentation, very helpful. Quick question please: Is it right that an Offshore company (ie. incorporated in the UK) is always under 0% corporate tax, as long as all the income is not from an activity within the UK territory?

[@tonydCFO]

Hi Ahmed, thank you for your question. You can go along to our Q&A section where you can post your question and get a response from a qualified accountant or chartered tax advisor >>> accountingtaxacademy.com/qa-section/

[@michaelgreen5515]

It depends on substance. Your nationality, your clients, your suppliers. Who owns the shares and where management is based. It all depends on your individual circumstances to be honest.

[@VibrantDesigns]

I always wondered why Google Ireland paid earnings haha 🤣

[@tonydCFO]

Hi Vibrant Designs, the big corporates have a spider web of entities all over the world. And their no 1 objective is to minimise their tax bills!