Please Be Aware: Under the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS), you cannot eliminate your taxes without changing your residence if you live in a country subject to these regulations. While an offshore company can enhance your privacy and protect your assets, you remain responsible for fulfilling tax obligations in your country of residence, including any taxes tied to the ownership of overseas entities.
Non-resident companies are not taxed in the country where they are incorporated. However, as the owner, you are required to pay taxes in your country of residence. Offshore Protection is not a tax advisor. Please consult a qualified local tax or legal professional for personalized advice.
Go Deeper
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Global Diversification Planning