Why there were offshores?What is it in practice? Why are they used? What preferences do people and countries get for resorting to their services? Here is an incomplete list of issues that will be considered in the framework of this article.
That this phenomenon can have ancient roots, littlewho guessed. And yet even then traders, in order to evade taxes, organized trade under the walls of city-states. "Offshore" can be translated as "outside the border". Similar could be observed in the Middle Ages, when the English wool was traded in Flanders, to get more benefits. Yes, and in modern times, you can find examples, take at least the colonists of the territory of the modern US, when there was still royal power. In order not to fall under the influence of English law, they entered into transactions in Latin American countries.
But in the modern sense they began to use this term only in the middle of the last century. That's what the past has offshore. What can this give in practice to the state and business?
Every owner tries to getthe maximum profit. And in this he will be happy to help any specialized economic zone. In their capacity, developing countries (or their separate regions), where it was decided to create attractive conditions for foreign capital. If an economic zone is created, this ensures a reliable (although not very large in volume) tax and / or duty income. Also, thanks to this, the level of permanent employment of a smaller population rises. One of the features of offshore is the lack of requirements for tax reporting or a very small list of documents that must be submitted to the country's authorities.
This is a necessary tool for organizing a profitable business of this type. We have already disassembled what is directly offshore. The company also helps "in person".
Let's say your company needssomething to buy abroad. In this process, an offshore company is used as an intermediary. It does not matter what was the original price. You can specify an arbitrary input cost. Even if a batch of expensive processors will be sold for one ruble, no one has the right to obstruct the deal. And this will save money on taxes. Of course, there are pitfalls that create customs legislation, but they can all be successfully circumvented or reduced their influence.
We already know many nuances that have offshore.What does this give to other states? They, in turn, are very disliked by these centers of international commerce. Therefore, lists of economic zones are created to tighten compliance with the rules and achieve some of their goals. Thus, the lists of the Russian Federation were drawn up to increase control over the movement of the currency, avoidance of the situation with a zero tax rate and complete avoidance of payment of taxes. From the moment when offshore became available for interaction, initially they were offered as an opportunity for tax optimization. Since then, they are used in virtually any type of activity. But such schemes can sometimes create precedents for the onset of responsibility (administrative or even criminal). Therefore, when using this tool, it is necessary to approach the matter carefully.
Feature of these subjects is the ease andspeed of their creation. The already developed technologies allow creating necessary enterprises in a few moments. Another important feature is the right to confidentiality, that is, the offshore owner may remain unknown. This mechanism has its own nuances and features that can lead to the fact that the management of the company may be lost. The founder in this case are special secretarial offices, according to which it is very difficult to track the real owner (in reality one should only talk about confiscation of necessary documents or the introduction of "one's own" person).
And how does the offshore registration take place? To do this, it is enough to apply to a company that specializes in the sale of special companies. It will avoid time and paperwork.
Of course, offshore registration is not a matter ofcheap. It will take at least several thousand US dollars. Perhaps, it will even go about the good ten. Subsequently, the fee will be lower, since it will only be necessary to pay a certain fee. Therefore, the offshore tool is solely used by medium-sized and large-scale businessmen. One of the features of such economic zones is the ban on the activities of registered companies within the country. This is done in order to avoid the "seizure" of offshore large international business.