Buy offshore companies, firms, and related services

According to EU studies published for the period 2006-2016, Portugal lost 1.3 billion euros in taxes due to money being moved offshore. This amounts to 1% of the country’s GDP.

It cannot be said that moving money out of one’s country is solely related to a desire to evade taxes. There are many other factors contributing to this, for example:

• Unstable situations in a country and fear of losing one’s savings. Such countries include: Russia, Kazakhstan, Ukraine, and many others that were part of, or still are part of, the CIS;
• Asset protection,
• Unwillingness to operate in one’s country due to the simple impossibility of doing so at a proper (global) level. For example, for brokerage activities related to Forex, the most suitable countries are: Australia, England, Cyprus, Malta, Belize, Vanuatu, while CIS countries are unlikely to provide a legal and high-standard environment for such businesses. We can recommend England, where setting up a company and obtaining a license, as well as conducting brokerage activities, is very stringent and complex, and Cyprus, where, despite similar protection and licensing by Cysec (Cyprus Securities and Exchange Commission), one can operate comfortably due to the regulator’s more lenient approach.

Good luck in business, feel free to contact us.