How To Find Safe Offshore Banking You’ll Be Happy With.
You might want an offshore Swiss account in order to:
– Expand your business;
– Minimise your taxation;
– Simplify business administration;
– Asset protection;
– Estate planning;
– Financial anonymity;
– Tax-free investing.
Those who engage in international or online business and who generate a large tax exposure can legally ease their burden through an offshore account. Bear in mind that the Swiss government charges a 35% withholding tax on interest earned by accounts held by foreign residents.
Also, cheques are not used any more in Switzerland. This is a nuisance if you’re used to dealing in them.
Many people think that a Swiss bank account is somehow dodgy or unsafe because they are not banking in their home country. This is untrue. Some Swiss banks have been around for over a hundred years. They are the same as your local bank account; just in a different country.
You can pay revenues from your offshore company into it, transfer funds to your other accounts, such as a local bank account...