Get Your All Your Queries Solved With Answers Given By Our Experts
With our decades of experience, we have tried to give answers to some of the most asked questions which must be looping in your mind.
Brilliantly Answering Your Queries
We Hope With Below Mentioned Questions and Answers, You Will Get The Answers To All Your Doubts.
Ques 1. I want to open a company in a foreign land, is it possible to form a company without being physically present there?
Company Global Pro has a wide spectrum of agents all across the globe, thus it is possible for the client to form a company without being present in a particular country. Thus, the answer is yes, you can form a company.
Ques 2. What is the meaning of going “Offshore”?
To simply put, going offshore means to place your assets such as bank account, brokerage account, etc. in another country for jurisdiction and taxation purpose.
Going offshore also means incorporation of a company in the foreign land and vesting ownership of a domestic asset.
Ques 3. Why One Should Go Offshore?
Everyone, whether it’s an individual or a company, all want to protect their property and investment in a legalize manner so that they can save their tax. This can happen by choosing offshore company formation services.
By going off-shore you can get benefited with numerous profit-making opportunities which can be leveraged from outside land.
- Following are the major reasons why one should opt for offshore jurisdictions:
- It helps in minimizing taxation.
- It helps in cost reduction.
- It helps in protecting and augmenting one’s asset/investments.
- It helps in maintaining as well as strengthening the confidentiality.
- It helps in risk management.
- It helps in the mitigation of excessive regulations, and
- It helps in avoiding the adverse effects of bureaucracy.
Ques 4. Is it necessary to present physically in the bank while opening an offshore bank account?
No, it is not mandatory. Our team of experts has a great friendly relationship with other banks around the globe. Our good reputation helps clients to open their bank account seamlessly without the necessity of attending the bank.
Ques 5. Do you want to know, which is the best offshore area to incorporate a company?
We have been flagged with this question many times in our professional journey.
Actually, it all depends on you, your business and your personal use.
Just for your record, there are more than 50 jurisdictions around the globe that allow the legalization of the offshore company. Therefore it becomes more crucial to select the most suitable one.
- Following are the factors which you can check before incorporating a company in other jurisdiction:
- You can check the political and economic stability of a particular country.
- You can check the level of confidentiality and compressive privacy.
- You can check requirements for auditing.
- You can check the banking facilities.
- You can check the policy of double taxation.
- You can check factors affecting the cost of incorporation.
Ques 6. How much time does it take to complete company formation?
There is no perfect answer to this question. There are many people in the market who claim to complete the formation of company offshore in a week or so, but that’s not true.
It all depends on the rules and regulations of the country you have chosen to incorporate your office or company.
At some place, it takes weeks while at some it may take days. It is all subjective.