European companies
The classic tax-free companies are convenient and easy to use, but their 'offshore status ", is obvious to any official or business partner, when you first look at the articles of incorporation.
Also keep in mind the "anti-offshore" rules in the legislation of several countries that split all non-resident companies on "regular" and "offshore" in accordance with the list, which usually contains all classic offshore jurisdictions.
These disadvantages are not applied to
European "offshore" companies. Recently, a number of industrialized countries previously known as jurisdictions with strong taxation, granted tax exemptions to certain types of companies registered there, allowing them to take full advantage of tax-free regime, while without being labeled as "offshore." These are:
- Scottish Partnership (Scottish Limited Partnership, Scottish LP) and
- English Limited Liability Partnership (LLP)
- They is followed by Cyprus limited liability company (LTD) - due to the lowest tax rates in Europe, it is also a kind of "offshore".
- We should also highlight the English limited company (LTD) – a full UK resident, which is a subject to full taxation - not low, but English law allows efficient use of these companies in a more solid schemes of legal avoidance of taxes.
- And, finally, Latvian holding companies - recently appeared on the market, but will soon become leaders through a unique combination of reliability, availability and benefits of taxation.
And now more on each type of company:
Scottish Partnership
English Partnerships
Cyprus Limited Liability Company
English Limited Liability Company
Latvian holding company
