offshore in dubai

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Jessica R

 

Date added:

October 12, 2013

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 634

 

Was viewed:

2550 times

 

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Essay content:

It can also hold assets to avoid lengthy probate issues and own property and land to avoid capital gains tax. An importing and/or exporting company can be established offshore which acts as the agent or distributor of a company or individual in a high tax jurisdiction. The offshore company's fees, commissions and other earnings are free of tax in its jurisdiction...
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The offshore company's fees, commissions and other earnings are free of tax in its jurisdiction. Individuals earning substantial fee income can benefit from utilizing an offshore company for billing purposes. The salary drawn from the offshore company may be subject to tax where the individual is working but the surplus can be invested free of tax...
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