Why do so many bosses register companies overseas

In recent years, many people have chosen to register their companies overseas as entrepreneurs, and even more so, many companies have moved their registered locations overseas by any means possible? The advantages of overseas company registration are self-evident. For entrepreneurs, having an overseas branch will bring great convenience to their business development. Almost all large domestic internet companies have registered offshore companies overseas, so it is necessary to understand the advantages of overseas company registration, at least for entrepreneurs. So what are the benefits of registering overseas companies?

Firstly, a considerable portion of taxes can be exempted and various privileges can be enjoyed upon returning to China as a foreign investor.

In fact, registering a company in certain overseas countries does not necessarily require being a citizen of that country. Foreigners can also register a company. Registering a company in these countries does not impose the usual corporate business tax, sales tax, or even personal income tax that companies are required to pay, but only the handling fees for general operations. This is impossible for many large and medium-sized countries. The benefits of being able to register a company in such a country, especially where the parent company is located, are self-evident. Registering a company overseas and returning to the country of origin as a foreign-funded company generally provides preferential treatment for foreign-funded companies, especially in developing countries such as China, which usually offer tax exemptions, reductions, or subsidies for the first few years, and often have certain privileges that domestic companies do not have. Entering markets like China under the name of overseas companies also has a special function of protecting their own interests. Foreign companies have relatively lenient treatment in terms of registration and investment in shares in China, such as entry and exit, and stock conversion. This is a meaningful curve defense operation for those who need to make profits and safely exit. This is especially necessary for countries with political instability or where the rule of man outweighs the rule of law.

Secondly, the registration fee for overseas companies is low, and through simple agency procedures, enterprises and their legal representatives can enjoy better commercial services.

The legal representative of overseas companies can conveniently travel to various countries around the world, as these registered companies are generally located in countries belonging to the British, American, French, and German families. Holding their visas makes it natural for them to travel to major countries for business. And most of the countries and regions with the above advantages are Western camp countries. These countries have long-term political stability, political neutrality, judicial system and social culture, as well as a modern and traditional financial and economic service system, which can provide complete financial and financial services for enterprises.