The SCF Group Logo Premier Tax Planning Solutions for individuals & corporates Full management


Understanding Offshore Jurisdictions

Filed under: Offshore Company Formation — Tags: , , , — webadmin @ 1:25 pm May 21, 2011

An Offshore Jurisdiction is a location that is usually connected either geographically or politically to a larger country, but which typically exercises its own independent legislative and economic policies. Individuals and business organisations often use these locations to engage in offshore company formation and utilise offshore banking services.

Tax Havens
Many Offshore Jurisdictions offer tax advantages and various legal benefits that are usually not available in the resident countries of enterprising individual investors or large business organisations. These jurisdictions have become known as ‘Tax Havens‘, as their favourable economic regulations often allow companies and individuals to repatriate their offshore earnings back to their country of residence, thus avoiding any tax liabilities.

Foreign Currency
Most Offshore Jurisdictions also have limited or zero restrictions on foreign currency flowing in and out of their markets. This can give offshore companies a significant advantage when it comes to managing their cash flow and therefore help them to maximise their profits with the circulation and use of the money they have available.

Benefits for All
Offshore Jurisdictions can themselves receive benefits as larger companies and organisations invest more of their resources as a consequence of being drawn to the obvious tax advantages of the region. Many countries in these regions typically do not have strong economies of their own, so having successful businesses set up more local branches can provide employment and stimulate economic growth in the area.

For more information about offshore jurisdiction and company formation, talk to our experts here at SCF Group.

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL

Leave a comment


Major Tax Systems: France - Germany - Spain - The United Kingdom

Location | Banking Details | Standing Order | Client Questionnaire | Order a brochure | Transfering Your Company Administration

General Terms & Conditions | Privacy Policy | Site Map | Newsletters | HTML Version | Ready Made Companies | SCF Publicity | Links

© SCF Corporate Management & Holdings (Cyprus) Limited

Representative Office:

SCF Legal & Corporate Management Services Limited,

3 The Fountain Centre, Lensbury Avenue, Imperial Wharf, Fulham, London SW6 2TW, UK

Certificate Number 05462416 - VAT Number 859 0235 14

T: + 44 (0) 20 7731 2020



Management Offices:

IAO Company Management Limited,
Cam Lodge, the Russian Village,
Kilquade, County Wicklow, Ireland
Certificate Number 3256941 - VAT Number 9694145G
T: + 353 (0) 1 201 1239

SCF Corporate Management & Holdings (Cyprus) Limited Company,
225 Spyros Kyprianou Avenue,
Nicosia 2047, Strovolos, Cyprus
Certificate Number HE220019 - VAT Number 10220019R
T: + 357 (0) 22 467 181