Today, the concept of "offshore" becomes every daymore and more popular, its ubiquitous use is certainly of interest. If specialists from the sphere of economics and law are familiar with it very closely, then for ordinary citizens the meaning of this word does not always remain clear.
So, by definition, offshore representsa certain financial center that constantly attracts capital from abroad through the provision of special benefits and tax privileges to various types of companies. Offshore zones of the world are widely scattered territorially: Gibraltar, British Virgin Islands, Dominican Republic, Seychelles and even Russia. However, in our country such an economic arena has a slightly different name, namely, "Zone of preferential taxation".
Offshore zone. The concept of
An offshore zone is a country or part of it, whereobservance of some conditions there is a possibility not to extinguish taxes. Also, you do not need to submit an accounting report quarterly. The offshore zone, as a rule, is characterized by a number of privileges, among which are the following: a diverse tax regime, financial development, economic stability, etc. Experienced entrepreneurs always pay special attention to its choice, considering all the above factors. To register each company, you should choose the most favorable terms of cooperation.
Offshore zone. Classification
- Classical offshore zone (zero)taxation). In this case, the company undertakes to pay annually to the state a certain duty, but it does not levy a tax and does not require accounting statements. This zone includes the following zones: Cayman Islands, Nevis, Belize, Seychelles, Panama.
- States with a territorial signtaxation. In this case, the profit that was received in the course of transactions with sources located in a given jurisdiction is taxable. Thanks to this kind of system, it is possible to export goods, on the one hand, and inflow of investments, on the other. List of states: Costa Rica, Malaysia, Brazil, Morocco, United Arab Emirates, Algeria.
- Countries where exemption from payment is providedtaxes on certain activities. For example, when making a profit from real estate on the territory outside the offshore zone (Denmark, Lithuania, Hungary, Bulgaria, Poland, Switzerland, Slovakia).
- Territories where there is no need to pay taxes to the state group of certain legal and even quasi-legal entities (Cyprus).
- Low level of taxation.In this case, the state sets low enough tax rates to develop the country from an economic point of view and attract foreign investment (Cyprus, Estonia, Switzerland, Montenegro, Ireland, Portugal).
Development
To date, the list of offshore companies is constantlyNow their number is just over 50. Indeed, as practice shows, such territories are very popular, including among Russian entrepreneurs, hence the reasonability of their occurrence.
