To start with most of tax haven jurisdictions are small countries with small populations so even relatively small amounts of money can make a difference the visible part of the iceberg is represented by the direct registration duties and annual renewal fees paid to the government by all those offshore companies. Seychelles offshore company dont pay income or profits tax offshore company exempt from any stamp duties on all transactions relating to its business why are the offshore jurisdictions interested to register tax free companies as long as a company income is obtained abroad of seychelles it remains free of income tax a seychelles . Why are the offshore jurisdictions interested to register tax free companies most of the tax haven countries have small territories and small populations so even relatively minor amounts of money can and does make a difference. An offshore llc is an offshore company organized as a flow through entity for tax purposes a disregarded entity is a single member offshore llc that is ignored for tax purposes these offshore companies are generally used for asset protection or to hold iras an offshore llc with more than one member is incorporated and taxed as a partnership. Companies registered in offshore jurisdictions can provide both offshore and onshore companies with beneficial tax regulations and or uncommon company systems companies registered in many countries will give access to the laws different from your home country which enable activities that are tax favorable for specific international business purposes
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