Although the offshore companies do not require tax reporting, maintaining proper book records is still required.
In addition, the new rules introduced by the OECD, FATF and other international organizations that regulate international taxation and anti-money laundering, offshore companies were required to prepare their financial statements.
An offshore company with duly kept accounting records can meet all the requirements of tax and corporate laws of both countries at once: the one where the company was incorporated, and the other where it has the status of a tax resident.
Our experts provide comprehensive accounting support to the offshore companies and perform audits if required.
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