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to enhance the strength, to broader business areas. But
in fact, such activities are usually restricted by the
home government, especially in developing countries.
Under such condition, registering an overseas offshore
company becomes a shortcut for the companies to start
multinational business, improve international image,
accept and give foreign exchanges.
As the capital transfer of the overseas offshore company
is not limited totally, the company can use the capital
freely. In all the offshore area, the local tax of
revenue and profits are exempted or paid with very low
tax rates. Some areas even free heritage tax. In
addition, all such company can open account in Hong Kong
and other countries. With no foreign exchange
regulation, the capital flow is quickened. Therefore,
registering an overseas offshore company is
necessary choice for foreign trade customers. |
