I'm planning to move my business offshore to make my business as tax efficient as possible.
I obviously want to keep everything above board. My initial thoughts are that I will set up a Company in a BVI this company will be the director of my UK company. If the BVI company is then owned by a trust, and i would be the beneficiary of that trust.
Does this seem a sensible way to go? Does anybody have any similar experiences in this area? I assume repatriation of any funds moved offshore would be subject to 40% tax.
Questions And Answers
Moving my business offshore
asked by
Jess Harbour
posted 3 Years ago at 18:16
1-1 of 1 Answers
Northern Mike answered 3 Years ago at 18:36, last modified: 2 Years ago at 14:56
possibly look into Lichtenstein, northern Cyprus and of course everyone's favorite Switzerland. There are plenty of companies that offer you assistance in moving offshore but the advice of a good account would be wise.
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