Offshore Business: What to Consider

[gwenpinay]

many people are considering establishing their own offshore businesses without understanding what it really is or what its benefits really are. It's not a fad; it has to be a sound economic decision.


That being said, what should a potential investor consider before investing in an offshore business?

 

[Moh1]

Do you mean as an Investor that will make some investment for instant in property through an Offshore Company or as an Investor investing in some offshore company with some activity?

 

[clemens]

I would say, doing a good due diligence before you are going to invest in any company is rule no.1.

 

[gwenpinay]

@ Moh!,


I don't think it makes much difference either way. JPay is right. Research is imperative before any decisions to send your business offshore is made. It's always good to have some projections to see if what you hope to save in taxes won't be zeroed out by the related expenses you will incur offshore.

 

[Lumber Joe]

The basic benefits are secrecy and tax advantage.

 

[Lumber Joe]

You are right that many people register offshore companies and offshore accounts without any real need. Some even consider it prestigious.

 

[cogbuddy]

I would like to say that one has to see the market in that country. One should analyse whether he has got the space to market his product and how about the buying habits of the people there. Early bird catches more. So if the product is unique in that country, am sure you can make a hell lot of business there.