Offshore companies and tax optimization – is it legal?

[N.047300691]

Many companies use offshore companies to optimize taxes, but it seems to me that this may be on the verge of the law. How do you know where optimization ends and violations begin? I want to use this opportunity without consequences. What rules should be followed?

[N.047292222]

Offshores are legal if the requirements of your country's legislation are met. Tax optimization should be transparent, without tax evasion. Consultations with lawyers will help to avoid problems and make the process safe.

[N.047275507]

Using offshore companies for tax optimization is legal if you comply with the rules of your country. For example, some countries require reporting the existence of accounts or companies abroad. It is important to distinguish between optimization and evasion: the first is legal, the second is a violation. To avoid problems, it is necessary to study local legislation in detail and involve professionals to support transactions. For a complete understanding and up-to-date information, it is recommended to read the materials here https://www.offshorecorptalk.com/for...re-company.13/ . This will help to avoid mistakes and use offshore companies within the law.