Businesses change rapidly, with the tools at factory, hands on the deck, you may need another hand from an expert to ensure you achieve the success you deserve.
With ShineWing TY TEOH, your management team is surrounding with 42,000 excellent accountants and advisors covering more than 100 countries to put your puzzle pieces together to emphasize on the specific needs of your business from the start-up, business expansion and eventually, the exit.
Whenever your business takes you, we will be alongside you !
True to the statement from “Benjamin Franklin (1706-1790) : Nothing is certain in this world but death and taxes” but for second part, taxes may vary.
Today, free-tax offshore shelf has become one of the common investment vehicles to minimum or free from excessive taxation, but for well-off individuals considering offshore investment, tax may not be the driving force behind “offshore” as it is the best way to protect the business and financial privacy from the competitors, illegitimate creditors or any third parties.
For the companies or individuals reside in high-tax region and if they can opt for offshore investment, it is in pursuits of higher returns while paying lesser tax or free-tax and without any intention to evade taxes in their home countries, most importantly, these tax restructuring strategies are completely under the law, thus the investment returns can be legalised in offshore and be repatriated for reinvestment in home countries.
Going offshore may not be suitable for every company and the business models may optimize use of offshore structure:
If your business models fall into the above, so why might an onshore investment if it carries lesser advantages as compared to offshore investment?
Our expertise include: