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Offshore for small business: how relevant is it?

I have a small business and I am thinking about opening a company in an offshore zone. How profitable is it for a small business? What costs and risks should be taken into account at the initial stage?

3 comments

3 Comments

Tendar Jony

Dec 17, 2024

Offshore can be beneficial for small businesses due to tax optimization and asset protection. However, it is important to consider the costs of registration, company maintenance and transparency of operations. Consultation with lawyers will help to assess the risks and compliance with local laws.

Alberto Brandi

Jan 14

Replying to

Offshore solutions can offer small businesses advantages such as tax optimization and asset protection, but they require careful consideration of registration costs, ongoing maintenance, and operational transparency. Consulting with legal professionals is crucial to assess risks and ensure compliance with relevant laws. Similarly, staying informed about mass tort and class action lawsuits is important for businesses and individuals seeking collective legal remedies. Resources like OnlyClassAction CPAP Lawsuit provide regularly updated information on open lawsuits and investigations, helping you stay aware of potential legal opportunities or obligations.

Offshore for small business: how relevant is it?

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