The term “International (offshore)” basically describes a jurisdiction other than the one your business is domiciled. Setting a business in a foreign jurisdiction might offer significant tax advantages and this is why a growing number of businessmen, entrepreneurs and investors are looking into destination with favorable international tax planning regimes and minimized tax exposure.

There are many countries in the world that offer substantial tax incentives, but the key players and the most popular International (offshore) jurisdictions for foreign investments and international business formation are Cyprus, Panama, Belize, Malta, the Cayman Islands, the British Virgin Islands, the Isle of Man and Seychelles. These jurisdictions all have their individual laws, regulations and rules and this is exactly why your international business consultant should be knowledgeable, in regular contact with local authorities and financial institutions, as well as fully aware of the current legislation.