User Bancorp Ltd

There are three basic mistakes to avoid in setting up an offshore Forex company. These mistakes have to do with the initial choice of an agent to assist in the matter and the choice of jurisdiction.

In today’s fast paced world there are many ways to succeed in selling products, managing supply chains and moving money. In today’s fast paced world there are seven ways to succeed with an offshore money transmission business.

An NZOFC, to those unfamiliar with the term, is a New Zealand Offshore Financial Company. Creating an NZOFC is an efficient and cost effective way for an individual or corporation to own and operate an offshore financial operation.

Commentators were making the point recently that the Forex markets were “going sideways.” By this these writers meant that the various major currency pairs were not changing much in relative value. In sort of market it is better to be a broker.

An old saying is that it takes money to make money. In the case of an offshore money transmission business an individual or corporation makes money by sending someone else’s money.

A New Zealand Offshore Financial Company can be a path to success offshore. A New Zealand Offshore Financial Company, or NZOFC, is an international financial company headquartered in New Zealand and providing financial services throughout the world.

A discretionary trust provides a degree of asset protection for passing on wealth which is not found in many other vehicles. Combining a discretionary trust and other offshore asset protection vehicles can be useful for reducing inheritance taxes.

For those interested in banking offshore or in opening a bank offshore there is a unique solution in the country of New Zealand. It is a New Zealand Offshore Financial Company or NZOFC. An NZOFC offers services that a bank does it is not a bank.

Individuals and corporations engage in international tax planning in order to legally reduce their taxes. The field of international tax planning is broad and complex but there are three important aspects from which to start.

A leading reason why many choose to bank, do business, set up retirement trusts, and retire offshore is that many offshore jurisdictions are tax havens. To be called a tax haven means a jurisdiction is tax advantaged in some way but all aren't alike.