Setting up an Offshore Company
I figure someone here can probably point me in the right direction and hopefully some people have experience with this.
I'm considering setting up an offshore company in a low tax country (eg The Bahamas). The aim of this would be for me to do my investment/trading via this company and realise my profits in the low tax country.
Also does anyone know if it is possible to contract to an NZ company using the offshore company. By this I mean instead of me being employed as an employee here in NZ could I contract to NZ employer via my offshore company and then pay myself a smaller salary thereby reducing my overall NZ income?
So anyone got any tips, comments etc?
RE: Setting up an Offshore Company
Setting up a business in a different country is never easy but with the right direction & guidance, it can be a smooth & stress free process on the Philippines outsourcing. Once you have chosen your staff, you can teach them the culture and processes of the business. You can treat them the same way you treat your local team, and in no time they'll be able to understand how to get the job done and work the way you want them to. Some businesses saw this as an opportunity to offer new services that would create lots of job opportunities.