offshore in dubai

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Title: offshore in dubai

Essay Details:

Subject: Miscellaneous

Author: Mary H

Date: July 3, 2013

Level: University

Grade: A

Length: 3 / 634

Essay text:

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. 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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