One of the difficulties that a number of specialist industries face is minimising the amount of tax they pay, and attempting to ensure that what they are liable for is profiled for payment in a way that minimises corporate exposure.
Businesses that are subject to tax on royalties (for example the petroleum industry), franchise operations and licensing facilities can all experience a significant tax burden unless they opt for an offshore location. Take a look at how, with the help of Coddan, incorporation in the BVI can transform your chances of ongoing business success.
Rapid, straightforward process: unlike registration in the UK or the US, which can be a protracted and time consuming process, registration and incorporation in the BVI couldn't be simpler! If you haven't the time to undertake the necessary paperwork, Coddan has extensive experience in this area and can both advise on and complete the administration necessary to get your offshore corporation up and running.
Local bank account: finding the right bank account for use by your franchising business can be a challenge if you've opted to locate in the BVI, particularly if you're not intending to visit in person. Coddan has significant knowledge of the banking opportunities available in the BVI and can make recommendations on the banking institution that is most likely to meet to your needs. If required they can also set up the account for you.
Expert offshore advice and ongoing assistance: we have significant experience in assisting offshore royalty or franchising companies at every stage of their operation, providing timely information as well as a full range of services, which include virtual office services, notarial services, international re-invoicing and a spectrum of financial services. This ensures that your company can always receive the assistance it needs.