What is an offshore equity?
– An offshore equity is one that is listed on a stock exchange in an offshore (= low-tax) jurisdiction. Usually there are no withholding taxes on dividends paid out, and very low local taxation of corporate profits. An offshore equity brokerage is simply one that is based offshore, and allows you to buy regular ‘onshore’ equities from an offshore base. This won’t directly help you to escape withholding taxes, but it may help with national stamp duties and capital gains tax, as well as preserving confidentiality.
