|
 |
|
“Whatever you can do, or dream you can, begin it. Boldness has genius, power and magic in it.” -Goethe
“Offshore financial centers are booming, thanks to their easy going tax regimes. But the best of them are more
than tax havens: they are good for the global financial system, argues Joanne Ramos”.The Economist. February
24, 2007
- Offshore e-commerce, e-business,
E-investment and e-banking offer some of the most cost effective solutions to engage in potentially lucrative
operations in Offshore Financial Centers (OFCs)
- Confidentiality, privacy, tax mitigation,
political and economic stability are hallmarks of world-class, low or zero tax base jurisdictions, attracting overseas
financial capital; these features are the main motivation for e-businesses operating in high-tax countries – OFCs offer legal ways to minimize the global tax burden
- Creating and maintaining offshore business
for worldwide procurements, sales and distribution, and charging income from import-export or consultancy services
- Other inter-related factors
that may influence the ultimate business decision to favor setting up an independent offshore operation will include, but shall not be limited to:
- Favorable demographics and economic environment
- Offshore online e-banking
- Flexibility in moving funds freely to and from onshore or offshore centers
- Favorable tax exemptions and tax-free zones
- Dual tax accords and favorable tax benefits
- Social, political and economic stability
- Ease of travel to and from preferred OFCs
- Establishing an office and or residency offshore
- High-speed Internet and online operations
- High quality telecom
- Offshore Internet Service Providers
- Ability to download digital files
- Locally available trained personnel
- Easy to comply statutory regulations
- Distance selling and delivery of goods and services
- Growth oriented trends and niches
- Launching or participating in global franchising opportunities
- Intellectual property protection
- And host of other relevant considerations
|
Sign up for our newsletter!
|
|
|
|
To join “IFM Offshore Network”
click on
|
|
|
