-
Offshore Tax Strategies for Start-up Businesses
https://www.nomadcapitalist.com/offshore-company/
Should you go offshore with your pre-revenue business?
Pre-revenue businesses are definitely a different animal, and taking them offshore can be risky unless you already have proof of concept or a revenue stream. In most cases, you are probably not paying any taxes at this point so taking it offshore might be an unnecessary investment at this stage.
On the other hand, If your idea could potentially be worth tens of millions of dollars in the future, then setting up an offshore company at the very beginning might be the best option for you.
It all comes down to self-awareness and being practical, but also looking at things actuarially and determining the real potential of your business model rather than speculating and hoping for the be...
published: 11 Nov 2019
-
Where should British Residents form an Offshore Company?
Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://clarity.fm/michaelrosmer
You can visit our websites for more information about us: https://offshorecitizen.net & https://www.offshorecapitalist.com
What is the best place for British citizens/residents to form an offshore company?
This is going to be very useful at the moment because the UK just announced that they're rising their corporate tax rates.
The UK has a particular set of rules that can be very useful. There are two challenging areas to be careful about. What should you look at and what should you consider if you're a Brit looking to form a company abroad? Today we are going to cover all of that.
The number one thing to look at is corporate residency rules. This is rel...
published: 13 Mar 2021
-
How do Offshore Companies Work?
Check out our Guide on How to Open an Offshore Bank Account:
https://nomadcapitalist.com/offshore-banking/
And our article on 4 Corporate Tax Systems for Offshore Companies:
https://nomadcapitalist.com/finance/legal-tax-reduction/corporate-tax-systems-offshore-companies/
Incorporating your business offshore has numerous benefits for you; that's why Nomad Capitalist was always a big believer in building an offshore business for some reason, but some people still don't get it. In this video, Andrew answers comments from viewers and clarifies his thoughts on how you can use all the strategies we talk about to build your business offshore.
00:00 Start
0:37 Taxation in the United States
1:15 Answer on Comment
5:46 Caribbean Citizenship
7:02 Pay High Taxes
7:55 For Wealthy Americans
Andrew H...
published: 20 Mar 2022
-
Five Reasons Start Your Business Offshore
https://nomadcapitalist.com/
If you're an entrepreneur and starting your first business. Or maybe even your next big business, the best places to do that might not be your resident country but offshore. Wondering why? In this video, Andrew gives you his advice and gives you his five reasons to start a business overseas and stay there.
00:00 Start
00:55 Tips to young entrepreneurs
2:29 Lower cost of living for you
03:30 More affordable labor
05:31 Global perspective
07:09 No or low taxes from first profits
08:45 No exit tax on valuation or IP
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors ...
published: 01 Mar 2022
-
5 Reasons to Form an Offshore Company in Hong Kong
Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://clarity.fm/michaelrosmer
You can visit our websites for more information about us: https://offshorecitizen.net & https://www.offshorecapitalist.com
In the previous video, we covered the topic of why you wouldn't want to form a company in Hong Kong. Today we are doing exactly the opposite. We are giving you 5 reasons to form an Offshore Company in this jurisdiction.
Today we are talking about the pros of Hong Kong.
First of all, it's easy, cheap, and quick. In many places they require lots of legal documents, they require the power of attorney, etc. All of this makes the process more complicated and it drags on. Luckily, this is not the case in Hong Kong.
The second reason why y...
published: 15 Jan 2021
-
What is an Offshore Company? Formation Tips, Why & How To's
An Offshore Company is a corporation, LLC or similar entity formed outside of one's country of residence or one intended for use outside of its country of formation. FREE CONSULTATION: https://www.assetprotectionplanners.com/ or call +1-954-400-1050 SUBSCRIBE https://www.youtube.com/TheBusinessGuy?sub_confirmation=1 Discusses Offshore Company Formation tips. How to form an offshore company and reasons why. Some of the benefits to opening an offshore bank account including privacy are covered. Forms companies and bank accounts in Nevis, Belize, BVI, Switzerland, Cook Islands and many more.
Also assists others in completing the important documents such as company formation, bank account application and more items needed to open an offshore account. Keep in mind that bank account opening d...
published: 30 Dec 2016
-
Copy My 4-Part Offshore Company Structure
Join us at Nomad Capitalist Live for four days of knowledge and networking open to all: https://nomadcapitalist.com/live/
Become a Client: https://nomadcapitalist.com/apply/
Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: https://nomadcapitalist.com/email
You’ve burnt the candle at both ends all year. You’ve sacrificed “your time” to build your business, all to be hit with a massive tax bill of 35%, 40%, or even 50%.
You now have less money to put back into your business and accelerate growth, less to put into other investments, and less money all around to cover your needs and live the lifestyle you want.
It’s time to do something different.
In this video, Andrew shows you how to create a perfect offshore structure.
00:00 Start
0:27...
published: 16 Jun 2023
-
“Can I Start an Offshore Company without Moving?”
https://nomadcapitalist.com/offshore-banking/
Too many people are looking for tricks and loopholes to save on taxes without moving overseas. If you want the benefits of doing business offshore, you need to go offshore. And the sooner the better.
00:00 Start
1:15 The question – Can I sell my Australian company to another company overseas that I also own in a country with a lower tax threshold?
2:02 The tax-friendly quadrant – You and your business need to move overseas
3:19 The goal – Move your company overseas as soon as possible
4:21 Don’t try to be Apple and Google, keep things simple
5:47 Don’t look for loopholes, do the work to go offshore
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration...
published: 06 Sep 2020
-
Applying for Offshore Exemption for Registering a Company hong kong
Firstly, let us highlight the significance of having a separate business bank account for your enterprise. A business bank account aids in:
Separating your personal and business finances, thus ensuring clear financial records.
Effectively tracking your business expenses and revenue.
Maintaining a professional image while dealing with clients and vendors.
Complying with legal and tax obligations.
Common Challenges in Opening a Business Bank Account
Now that we understand the importance of a business bank account, let us delve into some of the common challenges entrepreneurs face when trying to open one.
Documentation Requirements: Banks often require a considerable amount of paperwork to open a business account, including your business registration, EIN, and other legal documents. En...
published: 23 Mar 2024
-
How does offshore staffing work?
The process of recruiting, selecting, and interviewing employees can sometimes be complicated, expensive, and time-consuming. With offshore staffing, organizations are given the opportunity to jack up their manpower while saving up on their overall costs.
Watch this video to learn how does offshore staffing work and the benefits it brings to the business!
Outsource Accelerator is the leading outsourcing marketplace and advisory for those who want to know more about their offshore staffing options. Visit outsourceaccelerator.com to learn more!
Check out this article focusing on the flexibility of offshore staffing solution: https://bit.ly/3eJT3Ui
You can also follow us here:
Twitter: twitter.com/outsourceaccel/
Facebook: https://www.facebook.com/outsourceacc
Podcast: https://www.outsou...
published: 19 Oct 2022
10:59
Offshore Tax Strategies for Start-up Businesses
https://www.nomadcapitalist.com/offshore-company/
Should you go offshore with your pre-revenue business?
Pre-revenue businesses are definitely a different an...
https://www.nomadcapitalist.com/offshore-company/
Should you go offshore with your pre-revenue business?
Pre-revenue businesses are definitely a different animal, and taking them offshore can be risky unless you already have proof of concept or a revenue stream. In most cases, you are probably not paying any taxes at this point so taking it offshore might be an unnecessary investment at this stage.
On the other hand, If your idea could potentially be worth tens of millions of dollars in the future, then setting up an offshore company at the very beginning might be the best option for you.
It all comes down to self-awareness and being practical, but also looking at things actuarially and determining the real potential of your business model rather than speculating and hoping for the best.
#nomadcapitalist #businessadvice #offshorebusiness
-------
ABOUT NOMAD CAPITALIST
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
https://wn.com/Offshore_Tax_Strategies_For_Start_Up_Businesses
https://www.nomadcapitalist.com/offshore-company/
Should you go offshore with your pre-revenue business?
Pre-revenue businesses are definitely a different animal, and taking them offshore can be risky unless you already have proof of concept or a revenue stream. In most cases, you are probably not paying any taxes at this point so taking it offshore might be an unnecessary investment at this stage.
On the other hand, If your idea could potentially be worth tens of millions of dollars in the future, then setting up an offshore company at the very beginning might be the best option for you.
It all comes down to self-awareness and being practical, but also looking at things actuarially and determining the real potential of your business model rather than speculating and hoping for the best.
#nomadcapitalist #businessadvice #offshorebusiness
-------
ABOUT NOMAD CAPITALIST
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
- published: 11 Nov 2019
- views: 10941
10:57
Where should British Residents form an Offshore Company?
Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://clarity.fm/michaelrosmer
You can visit our websites ...
Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://clarity.fm/michaelrosmer
You can visit our websites for more information about us: https://offshorecitizen.net & https://www.offshorecapitalist.com
What is the best place for British citizens/residents to form an offshore company?
This is going to be very useful at the moment because the UK just announced that they're rising their corporate tax rates.
The UK has a particular set of rules that can be very useful. There are two challenging areas to be careful about. What should you look at and what should you consider if you're a Brit looking to form a company abroad? Today we are going to cover all of that.
The number one thing to look at is corporate residency rules. This is related to management and control standards. By default, if the company is registered in the UK it will be a tax resident of the UK, in certain cases, this can be overwritten by a tax treaty. Also if your company is managed and controlled from the UK it is considered a UK tax resident.
This is extremely important to pay attention to!
You could have actual substance in a foreign country (offices, employees, operations, etc) but if your company is managed and controlled from the UK you can face issues because the UK will want to tax that company.
The second set of rules to be careful about is the controlled foreign company rules (CFC Rules). If you're a small business you shouldn't have any issues. If you're bigger than what they consider small business you'll need to pay attention to these rules as well. If you own at least 25% of the foreign company that share will be taxed according to the UK corporate tax rate.
Having all this in mind what does make sense for UK residents? Which countries should you consider for a company structure?
Places that make sense are Cyprus, UAE, Hungary, Malta, Channel Islands, Isle of Man.
If you were to opt-in for the latter two they can provide management and control locally. Banking is not going to be the greatest in there, but certainly doable.
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
Feel free to join our community!
Don’t forget to subscribe to our channel
https://www.youtube.com/channel/UCZDToCpuHc4kEHDurkQpVPg?sub_confirmation=1
https://wn.com/Where_Should_British_Residents_Form_An_Offshore_Company
Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://clarity.fm/michaelrosmer
You can visit our websites for more information about us: https://offshorecitizen.net & https://www.offshorecapitalist.com
What is the best place for British citizens/residents to form an offshore company?
This is going to be very useful at the moment because the UK just announced that they're rising their corporate tax rates.
The UK has a particular set of rules that can be very useful. There are two challenging areas to be careful about. What should you look at and what should you consider if you're a Brit looking to form a company abroad? Today we are going to cover all of that.
The number one thing to look at is corporate residency rules. This is related to management and control standards. By default, if the company is registered in the UK it will be a tax resident of the UK, in certain cases, this can be overwritten by a tax treaty. Also if your company is managed and controlled from the UK it is considered a UK tax resident.
This is extremely important to pay attention to!
You could have actual substance in a foreign country (offices, employees, operations, etc) but if your company is managed and controlled from the UK you can face issues because the UK will want to tax that company.
The second set of rules to be careful about is the controlled foreign company rules (CFC Rules). If you're a small business you shouldn't have any issues. If you're bigger than what they consider small business you'll need to pay attention to these rules as well. If you own at least 25% of the foreign company that share will be taxed according to the UK corporate tax rate.
Having all this in mind what does make sense for UK residents? Which countries should you consider for a company structure?
Places that make sense are Cyprus, UAE, Hungary, Malta, Channel Islands, Isle of Man.
If you were to opt-in for the latter two they can provide management and control locally. Banking is not going to be the greatest in there, but certainly doable.
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
Feel free to join our community!
Don’t forget to subscribe to our channel
https://www.youtube.com/channel/UCZDToCpuHc4kEHDurkQpVPg?sub_confirmation=1
- published: 13 Mar 2021
- views: 26329
12:40
How do Offshore Companies Work?
Check out our Guide on How to Open an Offshore Bank Account:
https://nomadcapitalist.com/offshore-banking/
And our article on 4 Corporate Tax Systems for Offsh...
Check out our Guide on How to Open an Offshore Bank Account:
https://nomadcapitalist.com/offshore-banking/
And our article on 4 Corporate Tax Systems for Offshore Companies:
https://nomadcapitalist.com/finance/legal-tax-reduction/corporate-tax-systems-offshore-companies/
Incorporating your business offshore has numerous benefits for you; that's why Nomad Capitalist was always a big believer in building an offshore business for some reason, but some people still don't get it. In this video, Andrew answers comments from viewers and clarifies his thoughts on how you can use all the strategies we talk about to build your business offshore.
00:00 Start
0:37 Taxation in the United States
1:15 Answer on Comment
5:46 Caribbean Citizenship
7:02 Pay High Taxes
7:55 For Wealthy Americans
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://nomadcapitalist.com/book/
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
https://wn.com/How_Do_Offshore_Companies_Work
Check out our Guide on How to Open an Offshore Bank Account:
https://nomadcapitalist.com/offshore-banking/
And our article on 4 Corporate Tax Systems for Offshore Companies:
https://nomadcapitalist.com/finance/legal-tax-reduction/corporate-tax-systems-offshore-companies/
Incorporating your business offshore has numerous benefits for you; that's why Nomad Capitalist was always a big believer in building an offshore business for some reason, but some people still don't get it. In this video, Andrew answers comments from viewers and clarifies his thoughts on how you can use all the strategies we talk about to build your business offshore.
00:00 Start
0:37 Taxation in the United States
1:15 Answer on Comment
5:46 Caribbean Citizenship
7:02 Pay High Taxes
7:55 For Wealthy Americans
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://nomadcapitalist.com/book/
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
- published: 20 Mar 2022
- views: 30175
12:56
Five Reasons Start Your Business Offshore
https://nomadcapitalist.com/
If you're an entrepreneur and starting your first business. Or maybe even your next big business, the best places to do that might...
https://nomadcapitalist.com/
If you're an entrepreneur and starting your first business. Or maybe even your next big business, the best places to do that might not be your resident country but offshore. Wondering why? In this video, Andrew gives you his advice and gives you his five reasons to start a business overseas and stay there.
00:00 Start
00:55 Tips to young entrepreneurs
2:29 Lower cost of living for you
03:30 More affordable labor
05:31 Global perspective
07:09 No or low taxes from first profits
08:45 No exit tax on valuation or IP
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://nomadcapitalist.com/book/
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
https://wn.com/Five_Reasons_Start_Your_Business_Offshore
https://nomadcapitalist.com/
If you're an entrepreneur and starting your first business. Or maybe even your next big business, the best places to do that might not be your resident country but offshore. Wondering why? In this video, Andrew gives you his advice and gives you his five reasons to start a business overseas and stay there.
00:00 Start
00:55 Tips to young entrepreneurs
2:29 Lower cost of living for you
03:30 More affordable labor
05:31 Global perspective
07:09 No or low taxes from first profits
08:45 No exit tax on valuation or IP
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://nomadcapitalist.com/book/
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
- published: 01 Mar 2022
- views: 16398
7:34
5 Reasons to Form an Offshore Company in Hong Kong
Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://clarity.fm/michaelrosmer
You can visit our websites ...
Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://clarity.fm/michaelrosmer
You can visit our websites for more information about us: https://offshorecitizen.net & https://www.offshorecapitalist.com
In the previous video, we covered the topic of why you wouldn't want to form a company in Hong Kong. Today we are doing exactly the opposite. We are giving you 5 reasons to form an Offshore Company in this jurisdiction.
Today we are talking about the pros of Hong Kong.
First of all, it's easy, cheap, and quick. In many places they require lots of legal documents, they require the power of attorney, etc. All of this makes the process more complicated and it drags on. Luckily, this is not the case in Hong Kong.
The second reason why you'd want to form a company here is that the payment infrastructure which is very good. You have access to PayPal and Stripe. Even though there are problems with the exchange rates and the currency (as we talked about in our previous video) you can sometimes negotiate with them to get better rates and settlements in the currency of your choice. Banks also offer multi-currency accounts.
The third thing has to do with PR. The international reputation of Hong Kong tends to be very good. Hong Kong is seen as a genuinely international business center. This is one of the most reputable offshore destinations, unlike BVI or Cayman Islands that got terrible reputations over the years.
The fourth thing has to do with taxes. If set up properly you can get zero tax on your foreign income.
The last advantage of Hong Kong has to do with audited financial statements. Even though it's a hassle and we mentioned this is our previous video as something that is a drawback of Hong Kong, it is actually something that can work well in your favor. Banks will like it, investors will like it, it's reputable and not too hard to do since they are not as excessive as they would be in the US for example.
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
Feel free to join our community!
Don’t forget to subscribe to our channel
https://www.youtube.com/channel/UCZDToCpuHc4kEHDurkQpVPg?sub_confirmation=1
https://wn.com/5_Reasons_To_Form_An_Offshore_Company_In_Hong_Kong
Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://clarity.fm/michaelrosmer
You can visit our websites for more information about us: https://offshorecitizen.net & https://www.offshorecapitalist.com
In the previous video, we covered the topic of why you wouldn't want to form a company in Hong Kong. Today we are doing exactly the opposite. We are giving you 5 reasons to form an Offshore Company in this jurisdiction.
Today we are talking about the pros of Hong Kong.
First of all, it's easy, cheap, and quick. In many places they require lots of legal documents, they require the power of attorney, etc. All of this makes the process more complicated and it drags on. Luckily, this is not the case in Hong Kong.
The second reason why you'd want to form a company here is that the payment infrastructure which is very good. You have access to PayPal and Stripe. Even though there are problems with the exchange rates and the currency (as we talked about in our previous video) you can sometimes negotiate with them to get better rates and settlements in the currency of your choice. Banks also offer multi-currency accounts.
The third thing has to do with PR. The international reputation of Hong Kong tends to be very good. Hong Kong is seen as a genuinely international business center. This is one of the most reputable offshore destinations, unlike BVI or Cayman Islands that got terrible reputations over the years.
The fourth thing has to do with taxes. If set up properly you can get zero tax on your foreign income.
The last advantage of Hong Kong has to do with audited financial statements. Even though it's a hassle and we mentioned this is our previous video as something that is a drawback of Hong Kong, it is actually something that can work well in your favor. Banks will like it, investors will like it, it's reputable and not too hard to do since they are not as excessive as they would be in the US for example.
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
Feel free to join our community!
Don’t forget to subscribe to our channel
https://www.youtube.com/channel/UCZDToCpuHc4kEHDurkQpVPg?sub_confirmation=1
- published: 15 Jan 2021
- views: 6185
2:22
What is an Offshore Company? Formation Tips, Why & How To's
An Offshore Company is a corporation, LLC or similar entity formed outside of one's country of residence or one intended for use outside of its country of forma...
An Offshore Company is a corporation, LLC or similar entity formed outside of one's country of residence or one intended for use outside of its country of formation. FREE CONSULTATION: https://www.assetprotectionplanners.com/ or call +1-954-400-1050 SUBSCRIBE https://www.youtube.com/TheBusinessGuy?sub_confirmation=1 Discusses Offshore Company Formation tips. How to form an offshore company and reasons why. Some of the benefits to opening an offshore bank account including privacy are covered. Forms companies and bank accounts in Nevis, Belize, BVI, Switzerland, Cook Islands and many more.
Also assists others in completing the important documents such as company formation, bank account application and more items needed to open an offshore account. Keep in mind that bank account opening depends on the bank's decision and not our own.
Helping you find the right solution for your needs is why this organization was created.
Web: https://www.offshorecompany.com
Tel. 1-800-959-8819 / International +1-661-310-2688
All that is submitted is done with the understanding that this video is not engaged in rendering legal, tax, accounting, or other professional services. If legal advice or other expert advice is required, the services of a practicing professional person should be sought. We disclaim any liability, loss, risk, personal or otherwise, incurred by others directly or indirectly.
This video is copyrighted 2016, all rights reserved
https://wn.com/What_Is_An_Offshore_Company_Formation_Tips,_Why_How_To's
An Offshore Company is a corporation, LLC or similar entity formed outside of one's country of residence or one intended for use outside of its country of formation. FREE CONSULTATION: https://www.assetprotectionplanners.com/ or call +1-954-400-1050 SUBSCRIBE https://www.youtube.com/TheBusinessGuy?sub_confirmation=1 Discusses Offshore Company Formation tips. How to form an offshore company and reasons why. Some of the benefits to opening an offshore bank account including privacy are covered. Forms companies and bank accounts in Nevis, Belize, BVI, Switzerland, Cook Islands and many more.
Also assists others in completing the important documents such as company formation, bank account application and more items needed to open an offshore account. Keep in mind that bank account opening depends on the bank's decision and not our own.
Helping you find the right solution for your needs is why this organization was created.
Web: https://www.offshorecompany.com
Tel. 1-800-959-8819 / International +1-661-310-2688
All that is submitted is done with the understanding that this video is not engaged in rendering legal, tax, accounting, or other professional services. If legal advice or other expert advice is required, the services of a practicing professional person should be sought. We disclaim any liability, loss, risk, personal or otherwise, incurred by others directly or indirectly.
This video is copyrighted 2016, all rights reserved
- published: 30 Dec 2016
- views: 9209
19:52
Copy My 4-Part Offshore Company Structure
Join us at Nomad Capitalist Live for four days of knowledge and networking open to all: https://nomadcapitalist.com/live/
Become a Client: https://nomadcapital...
Join us at Nomad Capitalist Live for four days of knowledge and networking open to all: https://nomadcapitalist.com/live/
Become a Client: https://nomadcapitalist.com/apply/
Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: https://nomadcapitalist.com/email
You’ve burnt the candle at both ends all year. You’ve sacrificed “your time” to build your business, all to be hit with a massive tax bill of 35%, 40%, or even 50%.
You now have less money to put back into your business and accelerate growth, less to put into other investments, and less money all around to cover your needs and live the lifestyle you want.
It’s time to do something different.
In this video, Andrew shows you how to create a perfect offshore structure.
00:00 Start
0:27 Benefits of Moving Overseas
2:21 Where to Move Your Business
6:41 Things to Consider
12:43 Staffing Companies
16:13 Holding Company or Trust
Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best."
Become Our Client: https://nomadcapitalist.com/apply/
Join Our Live Event: https://nomadcapitalist.com/live/
Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home.
Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far.
If you’re looking to diversify internationally, whether for lower taxes or as a “Plan B”, trust the industry pioneers at Nomad Capitalist and our experience serving the needs of globally-minded entrepreneurs and investors.
Become Our Client: https://nomadcapitalist.com/apply/
Our Website: http://www.nomadcapitalist.com/
About Our Company: https://nomadcapitalist.com/about/
Buy Mr. Henderson’s Book: https://nomadcapitalist.com/book/
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
https://wn.com/Copy_My_4_Part_Offshore_Company_Structure
Join us at Nomad Capitalist Live for four days of knowledge and networking open to all: https://nomadcapitalist.com/live/
Become a Client: https://nomadcapitalist.com/apply/
Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: https://nomadcapitalist.com/email
You’ve burnt the candle at both ends all year. You’ve sacrificed “your time” to build your business, all to be hit with a massive tax bill of 35%, 40%, or even 50%.
You now have less money to put back into your business and accelerate growth, less to put into other investments, and less money all around to cover your needs and live the lifestyle you want.
It’s time to do something different.
In this video, Andrew shows you how to create a perfect offshore structure.
00:00 Start
0:27 Benefits of Moving Overseas
2:21 Where to Move Your Business
6:41 Things to Consider
12:43 Staffing Companies
16:13 Holding Company or Trust
Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best."
Become Our Client: https://nomadcapitalist.com/apply/
Join Our Live Event: https://nomadcapitalist.com/live/
Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home.
Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far.
If you’re looking to diversify internationally, whether for lower taxes or as a “Plan B”, trust the industry pioneers at Nomad Capitalist and our experience serving the needs of globally-minded entrepreneurs and investors.
Become Our Client: https://nomadcapitalist.com/apply/
Our Website: http://www.nomadcapitalist.com/
About Our Company: https://nomadcapitalist.com/about/
Buy Mr. Henderson’s Book: https://nomadcapitalist.com/book/
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
- published: 16 Jun 2023
- views: 88306
7:58
“Can I Start an Offshore Company without Moving?”
https://nomadcapitalist.com/offshore-banking/
Too many people are looking for tricks and loopholes to save on taxes without moving overseas. If you want the be...
https://nomadcapitalist.com/offshore-banking/
Too many people are looking for tricks and loopholes to save on taxes without moving overseas. If you want the benefits of doing business offshore, you need to go offshore. And the sooner the better.
00:00 Start
1:15 The question – Can I sell my Australian company to another company overseas that I also own in a country with a lower tax threshold?
2:02 The tax-friendly quadrant – You and your business need to move overseas
3:19 The goal – Move your company overseas as soon as possible
4:21 Don’t try to be Apple and Google, keep things simple
5:47 Don’t look for loopholes, do the work to go offshore
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
https://wn.com/“Can_I_Start_An_Offshore_Company_Without_Moving_”
https://nomadcapitalist.com/offshore-banking/
Too many people are looking for tricks and loopholes to save on taxes without moving overseas. If you want the benefits of doing business offshore, you need to go offshore. And the sooner the better.
00:00 Start
1:15 The question – Can I sell my Australian company to another company overseas that I also own in a country with a lower tax threshold?
2:02 The tax-friendly quadrant – You and your business need to move overseas
3:19 The goal – Move your company overseas as soon as possible
4:21 Don’t try to be Apple and Google, keep things simple
5:47 Don’t look for loopholes, do the work to go offshore
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: https://nomadcapitalist.com/apply/
Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
Buy Andrew's Book: https://amzn.to/2QKQqR0
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
- published: 06 Sep 2020
- views: 16818
1:51
Applying for Offshore Exemption for Registering a Company hong kong
Firstly, let us highlight the significance of having a separate business bank account for your enterprise. A business bank account aids in:
Separating your pe...
Firstly, let us highlight the significance of having a separate business bank account for your enterprise. A business bank account aids in:
Separating your personal and business finances, thus ensuring clear financial records.
Effectively tracking your business expenses and revenue.
Maintaining a professional image while dealing with clients and vendors.
Complying with legal and tax obligations.
Common Challenges in Opening a Business Bank Account
Now that we understand the importance of a business bank account, let us delve into some of the common challenges entrepreneurs face when trying to open one.
Documentation Requirements: Banks often require a considerable amount of paperwork to open a business account, including your business registration, EIN, and other legal documents. Ensuring you have all the necessary documents ready before approaching a bank is crucial. Additionally, banks may ask you to provide several documents such as invoices, contracts, and beneficiary working experience.
Minimum Deposit and Balance Requirements: Some banks may impose a minimum deposit or ongoing balance requirement to open and maintain a business account. This can pose a challenge for startups or small businesses with limited funds.
Credit History: Banks may scrutinize your personal and business credit history when opening a business account. A poor credit score or no credit history can make it challenging to open an account.Bank Policies: Different banks have varying policies and requirements for opening a business account. Conducting research and comparing banks is vital in finding the best fit for your needs.Opening a business bank account can be daunting for new businesses, but our professional advisors are here to guide you through each step and help you navigate these challenges.
#bank #offshore #openbankaccount #investing #bank #company #business #uk #ukraine #learn #service #creative #marketing #marketing #creative #usa #uk #hk #hongkong
https://wn.com/Applying_For_Offshore_Exemption_For_Registering_A_Company_Hong_Kong
Firstly, let us highlight the significance of having a separate business bank account for your enterprise. A business bank account aids in:
Separating your personal and business finances, thus ensuring clear financial records.
Effectively tracking your business expenses and revenue.
Maintaining a professional image while dealing with clients and vendors.
Complying with legal and tax obligations.
Common Challenges in Opening a Business Bank Account
Now that we understand the importance of a business bank account, let us delve into some of the common challenges entrepreneurs face when trying to open one.
Documentation Requirements: Banks often require a considerable amount of paperwork to open a business account, including your business registration, EIN, and other legal documents. Ensuring you have all the necessary documents ready before approaching a bank is crucial. Additionally, banks may ask you to provide several documents such as invoices, contracts, and beneficiary working experience.
Minimum Deposit and Balance Requirements: Some banks may impose a minimum deposit or ongoing balance requirement to open and maintain a business account. This can pose a challenge for startups or small businesses with limited funds.
Credit History: Banks may scrutinize your personal and business credit history when opening a business account. A poor credit score or no credit history can make it challenging to open an account.Bank Policies: Different banks have varying policies and requirements for opening a business account. Conducting research and comparing banks is vital in finding the best fit for your needs.Opening a business bank account can be daunting for new businesses, but our professional advisors are here to guide you through each step and help you navigate these challenges.
#bank #offshore #openbankaccount #investing #bank #company #business #uk #ukraine #learn #service #creative #marketing #marketing #creative #usa #uk #hk #hongkong
- published: 23 Mar 2024
- views: 4
4:22
How does offshore staffing work?
The process of recruiting, selecting, and interviewing employees can sometimes be complicated, expensive, and time-consuming. With offshore staffing, organizati...
The process of recruiting, selecting, and interviewing employees can sometimes be complicated, expensive, and time-consuming. With offshore staffing, organizations are given the opportunity to jack up their manpower while saving up on their overall costs.
Watch this video to learn how does offshore staffing work and the benefits it brings to the business!
Outsource Accelerator is the leading outsourcing marketplace and advisory for those who want to know more about their offshore staffing options. Visit outsourceaccelerator.com to learn more!
Check out this article focusing on the flexibility of offshore staffing solution: https://bit.ly/3eJT3Ui
You can also follow us here:
Twitter: twitter.com/outsourceaccel/
Facebook: https://www.facebook.com/outsourceacc
Podcast: https://www.outsourceaccelerator.com/
What to watch next:
KPO: https://bit.ly/3eDgvTe
Shared Services Center: https://bit.ly/3UM7abB
Staff Leasing: https://bit.ly/3UmVj3T
Seat Leasing: https://bit.ly/3qLx8yc
Tips for effective offshore team management: https://bit.ly/3Sb8B1c
Offshoring Customer Service: https://bit.ly/3BMBviW
Best Roles to Offshore for your business: https://bit.ly/3RRcUPs
The Different Types and Models of Outsourcing: https://bit.ly/3dfwTbP
Top Reasons why choose Offshore Staffing: https://bit.ly/3DvDppn
Offshoring Criticisms: https://bit.ly/3R45BDb
15 Facts about Offshoring: https://bit.ly/3DvYdgK
Tips for a smooth Offshoring transition: https://bit.ly/3RNVxz6
What is KPI? https://bit.ly/3BIEGrZ
Success Stories from Offshore Teams: https://bit.ly/3Ds9Ip9
Simple Guide before outsourcing: https://bit.ly/3QQjHb4
https://wn.com/How_Does_Offshore_Staffing_Work
The process of recruiting, selecting, and interviewing employees can sometimes be complicated, expensive, and time-consuming. With offshore staffing, organizations are given the opportunity to jack up their manpower while saving up on their overall costs.
Watch this video to learn how does offshore staffing work and the benefits it brings to the business!
Outsource Accelerator is the leading outsourcing marketplace and advisory for those who want to know more about their offshore staffing options. Visit outsourceaccelerator.com to learn more!
Check out this article focusing on the flexibility of offshore staffing solution: https://bit.ly/3eJT3Ui
You can also follow us here:
Twitter: twitter.com/outsourceaccel/
Facebook: https://www.facebook.com/outsourceacc
Podcast: https://www.outsourceaccelerator.com/
What to watch next:
KPO: https://bit.ly/3eDgvTe
Shared Services Center: https://bit.ly/3UM7abB
Staff Leasing: https://bit.ly/3UmVj3T
Seat Leasing: https://bit.ly/3qLx8yc
Tips for effective offshore team management: https://bit.ly/3Sb8B1c
Offshoring Customer Service: https://bit.ly/3BMBviW
Best Roles to Offshore for your business: https://bit.ly/3RRcUPs
The Different Types and Models of Outsourcing: https://bit.ly/3dfwTbP
Top Reasons why choose Offshore Staffing: https://bit.ly/3DvDppn
Offshoring Criticisms: https://bit.ly/3R45BDb
15 Facts about Offshoring: https://bit.ly/3DvYdgK
Tips for a smooth Offshoring transition: https://bit.ly/3RNVxz6
What is KPI? https://bit.ly/3BIEGrZ
Success Stories from Offshore Teams: https://bit.ly/3Ds9Ip9
Simple Guide before outsourcing: https://bit.ly/3QQjHb4
- published: 19 Oct 2022
- views: 765