Malaysia Hotline: +603- 2141 8908
Individuals
and corporations go offshore for a number of reasons:
-
Save tax
-
Protect wealth
-
Reduce risk
-
Maintain privacy
- To
avoid unnecessary regulations or bureaucracy
International
Trading - By interposing offshore companies into international trading
transactions it may be possible to accumulate profits arising out of these
transactions.
Holding
portfolios of Stocks, Bonds and Cash - Cash assets are held offshore, and may earn
deposit interest gross or be placed in collective cash funds.
Holding
Investments in Subsidiary or Associated Companies - Capital gains arising from
the disposal of particular investments can be made without taxation. In the
case of dividend payments, reduced levels of withholding taxes can be achieved
through the use of a company incorporated in a zero or low tax jurisdiction
that has double tax agreements with the contracting state.
Utilizing
Double Taxation Treaties through Intermediary Holding Companies - Companies
wishing to invest in countries where a double tax agreement does not exist
between both countries can establish an intermediary company in a jurisdiction
where there is a suitable treaty.
Privacy
and Wealth Protection - High net worth individuals gain privacy and save on
professional fees by using offshore companies as Personal Holding Companies.
These entities may be suitable for inheritance planning and reducing the costs
and time delays in probate.
Personal
Service Companies - Individuals who provide professional services, such as
contractors, entertainers, aviators, film executives etc., can realize
considerable savings where fees earned are accumulated tax free in Personal
Service Companies based offshore. Payments may also be structured to minimize
income tax.
Property
and Land Ownership - Offshore entities are regularly utilized to own property
and real estate.
Employment
Companies - Payroll costs and travel expenses may be reduced by paying
employees working overseas from your offshore base. This may also provide tax
relief and social security saving benefits for the employees.
Patent,
Royalty and Copyright Holding - Intellectual property including computer
software, technical knowledge, patents, trademarks and copyrights, can be owned
by, or assigned to, an offshore company upon acquisition of the rights. The
rights can then be franchised to companies around the world and the resultant
income can be accumulated offshore. A carefully selected jurisdiction can
withhold taxes on royalty payments with the commercial application of double
tax treaties.
Financing
- Offshore companies can be established to fulfil an inter-group treasury
management function.
Stock
Market Listings and Capital Raising Exercises - Many large corporations in
economically and politically uncertain countries often diminish the perception
of risk by moving ownership of assets and the base of their operations
offshore.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours Hong Kong hotline：86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my