Offshore company registration involves establishing a company in a jurisdiction that is different from the owner's home country or the primary location of the company's operations. This type of registration is commonly pursued for various reasons.
Tax Benefits: Many offshore jurisdictions offer favorable tax regimes, such as low or zero corporate tax rates, exemptions on capital gains, dividends, or inheritance taxes. Establishing an "offshore company can provide opportunities for tax optimization" and potentially reduce the overall tax burden.
Privacy Protection: Offshore jurisdictions often provide enhanced privacy protection for company owners. They may offer confidentiality laws that restrict public disclosure of company ownership, "beneficial ownership registers", or financial information. This can be advantageous for individuals or businesses seeking to maintain anonymity or protect their assets. https://www.offshoregateways.com/offshore-company-registration
