COMPANIES    

Offshore and Onshore Companies, Holding Company, Foundations


Off-shore Company:
There are many benefits to using an offshore company which is formally known also as an IBC or International Business Company. The main characteristics of an IBC or offshore company are low or zero tax provided by the various jurisdictions available.
Onshore Companies:
An onshore company is a company that was registered in a country not considered to be a tax haven, most frequently locations like Cyprus, UK, US, Canada, Ireland, Malta, Netherlands etc.
Holding Firm:
Holding company is a company or firm that owns other companies' stocks. The only purpose of holdings is owning shares of other companies. Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies.
Foundations:
When we talk about foundations, fist impression is charity, but actually in today's world only small percent of foundations are charity foundations. Most of them are established not for doing business with it, but for protecting and also managing their own assets. Most important sense of having foundations, of course beside tax purposes, is the responsibility. Foundations do not have formal "owner" and it is very smart to use foundation as owner of offshore corporation(s).