Many international businessmen prefer to register, rather than locally registered companies offshore company, does have some advantages. Some of these are outlined below: 
A) tax incentives - if business operations are arranged carefully profits from the business profits tax may become zero or a little profits tax. 
B) group simplifies the procedures and requirements - some offshore companies can be registered in the same day, other offshore companies may only need one person to register. 
C) Public undisclosure - some offshore companies allow public inquiry, other offshore companies can not get public search. 
D) costs and expenses - some offshore companies to spend a little money, and only one hundred dollars, other offshore companies may spend several thousand dollars. 
e) reporting requirements - some offshore companies are required to submit regular financial reports, other offshore companies do not submit anything. 
F) Co., Ltd. - almost all of the offshore company is a private limited liability company in nature, investors who subscribe to the shares of offshore companies is limited to the amount of contributions (shares), and no more. 
However, there are some disadvantages can not be ignored. 
a) Financing - offshore companies is difficult from a local bank loans, even if they are profitable, or the promise of personal assets and personal guarantees provided. 
Two) to open offshore bank accounts - as a public record is not available, it is difficult to open an offshore bank account. Some bankers say they will not even open a bank account offshore companies. 
C) type of business being done - offshore company formation and other common business consulting, international trade, the shares held by other companies; but some businesses will naturally not use offshore companies, such as finance companies, Phil insurance companies, trust companies, etc. . Allow

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