Surely the reader immediately has a question: what attitude offshores can be related to the UK generally? After all, companies registered in England around the world have always been considered the most solid and law -abiding organizations and have not changed this status until now. Therefore, such a question is quite legitimate. Indeed, offshores in the UK – this concept is more relative than absolute. You will have to pay taxes here, submit annual reporting and pass an audit too. In addition, the company owner is unlikely to achieve complete confidentiality. However, the possibility of minimizing taxes and high prestige makes the so-called offshore in the UK in certain business circles by very popular.
What tasks can the company’s registration in the UK solve?
Registration of companies in England pursues somewhat different goals than just leaving taxes in classical offshore schemes.
Among such purposes, the following can be distinguished:
Obtaining a prestigious tool for concluding transactions at the highest level.
The desire to have a reliable company account in a politically stable country.
The need for reliable protection against the threat of raider seizure.
Obtaining wide opportunities for working in international markets.
Creation of holding structures.
Expanding opportunities for Internet trade (accessibility of working with Business, PayPal and MoneyBookers).
How can you minimize the taxes of companies registered in the UK?
There are a number of very interesting schemes that allow not only to reduce taxes, but also to increase the level of confidentiality. The essence of all these schemes is reduced to the additional discovery of the classic offshore in one of the zones, which in the UK is not listed in black lists. The most reliable, and therefore popular “pure offshores” here are Belize, Dominica and the British Virgin Islands. The use of nominal owners and directors, therefore, allows you to partially compensate for the “costs” of the open register of the company registered in the UK. In this scheme, “Clean Offshore” acts as a principal, and the company in the UK is a principal agent. Therefore, the base in England is only a commission reward, which the principal pays to its agent.