What are the benefits of using an offshore company for consulting?
Posted by Olas on April 13, 2025, 2:58 am
I run a small online consulting business and heard it might be smart to incorporate offshore for tax and flexibility reasons. Has anyone here done that? What are the real benefits in practice?
Re: What are the benefits of using an offshore company for consulting?
Using an offshore company for consulting can offer several advantages, especially if your clients are international and you operate remotely. You might benefit from lower corporate tax rates, reduced reporting burdens, and access to banking services that support global business. When I transitioned my consulting to an offshore structure, I found the process smoother than expected. I learned a lot from the Offshore Company Formation forum—real stories from consultants in similar situations helped me choose the right jurisdiction and avoid common traps. One key tip was understanding where my services were “delivered” from a tax standpoint. That made all the difference.
