Professional/Consultant
Many individuals offering their services internationally can benefit significantly from using an Offshore Company.
The Offshore Company employs the individual and contracts with the buyer of the services. The fees earned can accumulate offshore tax free. Payment to the individual may then be structured in such a way as to minimize personal income tax in the country of residency.
Typical clients include Consultants, IT professionals, engineers, designers, authors, entertainers and so on. Examples some of Maritime clients are: servicing oil rigs worldwide; IT professionals designing software for banks in Mexico; engineers working in Japan, etc.
