In the original place of residence outside of incorporated companies, generally known as overseas companies. The local government developed special economic zone loose, allowing the international community in its territory for an international trading company, there is no tax on these companies, only charges an annual management fee, all the international banks have admitted such companies to set up bank account and financial operations with ease.
Some countries and regions (such as the BVI, Anguilla, Cayman, etc.) to formulate a special tax regime to attract loose investors around the world to set up overseas companies in the country (also known as the establishment of offshore companies). Such companies do not levy any tax base, only charge the annual license fee. While all international banks have recognized these companies, and provide open bank accounts and financial operation of the service. Some overseas companies in other countries or regions can also be listed.
Overseas companies, compared with the general Ltd, the main difference in the tax on offshore income of foreign companies do not have to levy any tax, or tax returns required, and information overseas shareholders, equity ratio, earnings enjoy a high degree Dengjun confidentiality.