The term ‘offshore’ is too often associated with illegal, but tax optimisation can be carried out within a legal framework. Offshore Society analyses the different situations for you.
According to an article published April 4, 2016, 108 offices in 76 countries had all benefited from « the biggest information leak « from the « opaque world of offshore finance and tax havens ». The said « Panama Papers » from the Panamanian cabinet Mossack Fonseca, is actually from a computer flaw in the system of the firm who put online all of the constituent documents of the companies of its clients.
Offshore Society is committed to ensure your data are neither online, nor revealed to anyone. Our customer file is stored on an internal encrypted 128-bit server without any possibility of being penetrated as they are not connected to the internet.
According to the O. C.D.E., 56% of global financial transactions take place today in tax havens, most multinationals with access for decades. This opportunity is now available to SMEs and entrepreneurs through Offshore Society.
Some countries like the United States, tax the profits of its businesses regardless of the country where they were made. This isn’t the case in most other countries that accept that this income should be taxed in the country where the beneficiary has his tax residence.
The advantage of an offshore company is its absolute anonymity that directly avoids tracing of this residency, the shareholders of the company being known of no Government, nor available in any public registry.
Since January 1, 2017, a cooperation agreement between most of the Member countries of the OECD has implemented an automated exchange of banking data of each country which has made the number of existing fixtures obsolete (an excellent article summarises this agreement on the network Linkedin. (Click here).
Offshore Society today is the only player in the Indian Ocean to offer triple security:
- A truly anonymous company
- Online bank account based to do transactions through countries not covered by the convention on the OECD
- 128-bit security of our customers’ data