One way to do this is to create an incorporated company as part of a trading group. This means that the offshore company will either purchase or resell goods between other group members. This essentially means that you can earn and deposit your profits in a country with a low-tax or no-tax jurisdiction.

Some of the lowest jurisdictions in terms of taxes are:

• Cyprus
• Ireland
• Isle of Man
• Panama
• The BVI
• Bahamas

I’d like to hear what you’ve got to say about forming an offshore company. Please leave a comment…