what is an offshore company
what is an offshore company |
What is a maritime company for
decades and even decades the media has been telling us what to think about this
has created a lot of misconceptions in society and the biggest problem I see
with this is that many honest law-abiding entrepreneurs who just want to go
when they are treated better are reduced ' because they have heard of the
papers in Paradise because someone in the ANC or in their Parliament the
politician has said it is wrong to go to sea
I will dispel misconceptions and
give you a direct picture of what an overseas company can do for you and who
uses it.
I'm Andrew Henderson from nomadic
capitalists and a maritime company too
Its essence is a company that now
seems obvious but let me explain why
most importantly a company is a
separate legal entity if someone does business with a company and they want to
sue the company they are not suing.
the owner recently sued the
company and the owner is responsible for separating himself from the company
Company money is actually a
different legal entity so there are companies where people live
The United States has LLCs with C
corporate corporate Australia Pty Limited s-- anything with all kinds of
corporate organizations in all countries holding the world for people to do
business even if their small businesses show one person or even big international
companies and part of the coast is what people go to I think they think where
they think ooh overseas sounds like confusing and also that for decades the
media do not understand that I read these articles and people always make
mistakes in the media there are always things that don't explain the full
picture so therefore people think that offshore is a strange thing but the fact
that the offshore company is just a company in another country where you work
the fact is that if you live in the UK and you open us the LLC to do business
in the United States or elsewhere where offshore company if you look at the
road
that things are handled at tax
level i had a girl who came to me recently and she was from the United States
to New Zealand and set up a New Zealand company to do business where she lived
with her customers from all over the world now is not a very low tax country
New Zealand doesn't help people drown their money away or they hide but by US
and IRS standards which is a maritime company so also the sea means another
country and we made a video for various reasons why you would want to go
overseas you can click here and find out that video on YouTube is not always
running a viable business some people want to own houses or they have some kind
of physical business it just so happens that in another country some people
have multinational offices where they have offices in different countries and
need company for each but for a small business owner on average for me a
typical six or seven businessman who will come to us here at Nomad capitalist
maritime company allows you to choose what is most important to you in the
company that offers you
control puts you back in the
driver's seat so if I live in the United States and don't want to pay 21%
income tax and do business with people
all over the world i sell the
product i make to negotiate whatever my business i don't like what the US has
to offer an overseas company allows me to go elsewhere and demand a lower tax
rate people talk about so another common thing when we think of overseas
companies you can find privacy where your name is not registered at all place
in the public registry even though that is getting less and less maybe there
are fewer filing papers maybe there is easier access to take cuts for example I
have a friend
a Hong Kong company manager who
takes a free deduction from his company rather than what he could do to open a
company in the United States so you get a choice that is important to you the
truth is not the only country they should be able to own and if there is where
they allow you to set up shop and pay zero tax there
it's better than the UAE in many
different free areas or overseas companies in the UAE many island countries
like Nevis like Cayman Islands Vanuatu there are many different tax places Xero
there are countries where you can go like Hong Kong and also maybe it's cheaper
maybe it's not tax zero beach will be more common in the coming years but the
maritime company is actually regaining power and choosing which company you use
to do business with the look as always impresses me that people are making more
efforts to seek Yelp updates on Indian restaurant for today's dinner than they
business now as we
were talking about here on mobile APUs and you can watch some of our videos
here it's not just where the company is you just don't get to start a company
in Panama don't pay taxes in Panama and just come back to life in
The United States is
not the way it works it is much harder than that but if you are willing to do
it but it takes if you are willing to follow the path of nomadic capitalism you
can go where you are treated
it is better to
transfer your company to a seafaring company where you come and buy things that
are important to you even if you are low tax how easy it is to work on lower
forms than many details under paper many different options out there sometimes
it is better to pay less tax and get access to tax agreement depending on the
type of business you will pay one or two percent and say Mauritius and that
will work well with other things you go on sometimes it is better to just pay
zero tax and you have a simple company that you put in Belize in Seychelles so
there are a lot of questions but it is a question at which maritime company the
answer is
you get more choices
than terms and I think it is important that I am Andrew Henderson and if you
are looking for a way to officially lower your taxes build your freedom and
build wealth faster as a global citizen then come to the right place I want you
to do three things right now