Why form a company in a foreign country with a tax accountant specialized in international tax law?
The prospect will find numerous agencies specialized in foreign company formations in the internet. As a rule, however, these companies do not employ Tax Accountants specialized in international tax law. Frequently, such formation agencies are not – or only insufficiently – versed in international tax law, or are not permitted to provide advice on legal or tax matters in countries as a consequence of the Legal Advice Act. Formation agencies – or even Tax Accountants – located in the forming countries (for example: Cyprus, Belize etc…) often are only knowledgeable in domestic tax law. If one takes a look at the relevant internet offers, it quickly becomes apparent, that a great deal of the providers publish incorrect or insufficient information, working according to the strategy “The cheaper the better”. The following factors, among others, are to be observed within the scope of international tax planning / company formation in a foreign country: -Most countries have laws for the preven
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- Why form a company in a foreign country with a tax accountant specialized in international tax law?
