Reply To: Offshore company incorporation

5th July 2022 at 11:54 am #244737

Participant

As far as I know, offshore companies exist in order to avoid paying taxes in your own country. That is, if you have a business in one country, then through an offshore company you register it in another country, where taxes are significantly lower. Although this may not bother most citizens. I found a cool tool that allows me to calculate the VAT https://vatulator.co.uk/ on the goods I purchase. It’s very simple, useful and convenient. Worth your attention.

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