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While there are many equally valid reasons to incorporate, saving money on taxes is a consideration that can yield relatively immediate results. Leasing assets to your corporation is a tax strategy you should absolutely consider if you already have a corporation or are thinking about forming one. Here's how it works.
Just because you incorporate doesn't
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Buying Your Tax Haven CorporationBy William CatePublished March 1998[http://home.earthlink.net/~beowulfinvestments/] [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]Your purpose in buying your tax haven corporation determines yourincorporation and maintenance costs. You can buy a new car, without anengine. It'll cost less than a new car that works to your satisfaction.The most common reason that Americans buy a tax haven corporationis to impress people. They want to park their new engineless car in
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When it comes to the term 'offshore' used in conjunction with
company incorporation, the term 'offshore' generally refers to
any jurisdiction other than one in which the company
incorporated will conduct the majority of its activities.
Usually such a jurisdiction has some degree of taxation or
reporting benefit attached that makes it attractive to the
company owner, and the concept of incorporating a company
offshore will bring at least one of
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