The competitive environment is characteristic not only for entrepreneurs — states also compete with each other. By creating favorable conditions for doing business, various states seek to attract as many entrepreneurs from around the world as possible to their territory in order to open companies and pay taxes from them.
This has long been used by international corporations and holdings, which significantly reduce the tax burden by properly structuring their business using foreign companies.
Until recently, many businessmen believed that tax optimization consisted in registering an offshore company, but in recent years everything has changed dramatically. Deoffshorization and the fight against tax evasion have led to the fact that offshore companies no longer provide the advantages that business is used to. Now other mechanisms are used to optimize taxes, more complex, but no less effective.
Do you want to optimize the taxation of your business and reduce the tax pressure on your business? Contact Antwort consultants – we will find the right answer that is right for you.
