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off shore companies

August 26 2007 at 4:47 AM
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  (Login ruthrachele)

For someone working in Europe what, if any, are the advantages of a U.K. offshore company/account as opposed to, say, the Bahamas? What are the running costs for such an account/company? Whom does one name as Director/President so as not to result oneself?.
How can real estate sales made in the U.K., BUT not regarding U.K. property, be transcribed in another EU country?
I would appreciate any input/advice. Thanks.

 
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(Login sapphirecapital)

depends

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August 26 2007, 4:34 PM 

depends where in Europe you lve. it needs good planning and a good accountant, most countries in Europe originate the company taxwise at the location of the management, means the actual decicion making entity, so just front directors will not help. UK companies are cheaper and easier to handle and have no jurisdiction stigma but otherwise they are the same

 
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