We use cookies to personalise content, provide social media features, and analyse traffic.
To disable cookies, this can be configured via the web browser. However this can limit your experience with our website.

Accept Cookies Learn More

Tax Professional usually responds in minutes

Our tax advisers are all verified

Unlimited follow-up questions

  • Ask a question
  • Sign in
    •

    Offshore tax

    Looking to invest in an offshore tax structure to maximise your profits?

    Don’t make the mistake of trying to sort it out for yourself.

    We have offshore tax experts to do that for you!

    Get started today
    Clipped Image

    Offshore tax structures: Aren’t they dodgy?

    Say the words offshore tax to the general public and you’ll likely be met with a knowing wink and a smirk. But offshore tax havens aren’t just for the super-rich trying to hide their assets from the authorities; they’re for retirees looking to invest their life savings wisely, businesses wanting to provide a solid return for their shareholders, or people who are estate planning to transfer assets once they pass away.

    Legislation surrounding offshore tax structures is wildly different across the world, so if you are looking to make shrewd offshore investments then you’ll need the advice and services of offshore tax advisors in your chosen territory – and that’s where we come in.

    Speak to our expert team today and they’ll make the introductions. Our worldwide network of Tax Natives are all fully regulated, insured for indemnity, and part of a bigger legal entity, so you know that their advice and actions will always be of the highest quality.

    Find a tax native

    International expertise

    Offshore tax structures and offshore tax planning: the lowdown

    Offshore tax structures and offshore tax planning are related to the use of offshore jurisdictions to reduce your tax liabilities.

    Offshore tax planning involves using legal strategies to minimise your tax liabilities through the use of offshore tax structures. This may include setting up offshore companies or trusts, transferring assets offshore, or taking advantage of tax incentives offered by certain offshore jurisdictions.

    An offshore tax structure refers to a legal and legitimate arrangement that is established in a country other than the one in which you or your business is based, in order to reduce your tax liability. These structures may include offshore companies, trusts, and other entities that are used to hold assets, manage investments, or conduct business operations.

    While offshore tax structures and offshore tax planning can be legitimate ways to reduce tax liabilities, it’s important to note that there are strict regulations and laws governing these practices. That’s why we recommend that you seek professional advice from one of our Tax Natives – to ensure full compliance with all applicable laws and regulations in your jurisdiction.

    Ask us a question

    Local tax advisors to solve your
    international tax issues.

    Find a tax expert

    How Tax Natives can help with offshore structures and investments

    The local tax experts in the Tax Natives community can provide valuable assistance with offshore tax structures and offshore tax planning in several ways:

    Knowledge of local tax laws

    Our local tax experts are familiar with the tax laws and regulations of the country where you or your business is based, as well as the tax laws of any offshore jurisdictions that may be relevant. They can advise on the legal and legitimate ways to set up offshore structures and conduct offshore tax planning that complies with local tax laws.

    Experience with offshore structures

    Our Tax Natives can advise on the most appropriate structure for you or your business based on your specific needs and circumstances. They can also provide guidance on the legal and regulatory requirements for establishing and maintaining offshore structures.

    Understanding of tax treaties

    Many countries have tax treaties with other countries that govern how taxes are paid on income earned in different jurisdictions. With a Tax Native expert advising you, they can provide guidance on how these treaties may impact offshore tax planning and can help ensure compliance with any relevant tax treaty provisions.

    Mitigating tax risks

    Offshore tax structures and planning can be complex, and there are risks associated with non-compliance with local tax laws and regulations. Speak to a Tax Native tax expert who can help mitigate these risks by providing guidance on compliance requirements and assisting with tax reporting and compliance.

    Overall, a tax expert local to your chosen offshore jurisdiction can provide invaluable guidance and assistance with many aspects of setting up offshore tax structures, including offshore tax planning and taxation of offshore trusts. Speak to the Tax Native team today to find an offshore tax structures expert in your area and get your money working for you sooner rather than later.

    Other common phrases and terminology linked to offshore tax

    There are loads of phrases, terms, and shorthand associated with offshore tax structures that could confuse the uninitiated (and potentially land you in hot water with the local authorities). Here are just a few of the more popular terms that you’ll come across when researching international offshore tax structures.

    Requirement to connect

    The requirement to connect is a term used to determine if an individual or business is subject to tax in a particular jurisdiction. It refers to a significant connection to that jurisdiction, such as residence, presence, ownership, or citizenship. If an individual or business meets any of these criteria, they may be required to pay tax on their income or assets in that jurisdiction.

    Common reporting standard

    The Common Reporting Standard (CRS) is an international tax information exchange program designed to combat offshore tax evasion. Under the CRS, financial institutions in participating jurisdictions are required to identify and report financial accounts held by non-residents to their local tax authorities. This information is then exchanged with the tax authorities of the account holders’ countries of residence. The CRS is intended to increase transparency in cross-border financial transactions and to ensure that taxpayers are accurately reporting and paying taxes on their offshore assets and income.

    Disclosing offshore assets

    Disclosing offshore assets refers to the process of reporting to the tax authorities all assets held in offshore accounts or offshore jurisdictions by individuals or businesses. This is required by law in most countries to ensure compliance with tax regulations and to prevent tax evasion. Failure to disclose offshore assets can result in penalties, legal action, and potential reputational damage for all involved.

    Foreign income

    Foreign income refers to income earned by an individual or business from sources outside their country of residence or domicile. This can include income from employment, investments, or business activities conducted in foreign countries or through offshore accounts or entities. In many countries, foreign income is subject to taxation and must be reported to the tax authorities, and failure to report it can result in severe penalties and legal action.

    FEATURED ARTICLES

    1/3

    UK

    10 July 2023

    Guide to Stamp Duty on Second Homes

    Malaysia

    30 November 2023

    The Secret Private Client Tax Adviser: Malaysia de...

    UK

    8 October 2024

    Main Residence Relief – a Tribunal Victory for the...

    EXPLAINER

    15 September 2024

    What is the OECD’s Pillar Two?

    UK

    22 January 2024

    Business Asset Disposal Relief for Trusts and Trus...

    Ireland

    18 November 2024

    Ireland’s Fiscal Outlook Boosted by Apple Tax Paym...
    View all articles

    Why Tax Natives?

    Think of us as a tax dating service (stay with us on this). We swipe through our network of international tax consultants and find one that’s a perfect match for your unique tax situation.

    Whether you’re of retirement age and are looking to invest your pension, a property magnate expanding your portfolio into new countries, or a stakeholder in a business that is opening up a satellite in a new location, our international tax advisors can help you with the tricky business of abiding by local tax laws.

    We’ll strip away all the jargon and make the world of international tax feel much more intimate. A match made in international tax heaven, if you will. Find out more about your tax destinations and jurisdictions using the map below.

    View global adviser map

    Australia

    Barbados

    Canada

    China

    Cyprus

    Finland

    France

    Germany

    Gibraltar

    Greece

    Guernsey

    Hong Kong

    India

    Ireland

    Isle of Man

    Israel

    Italy

    Japan

    Jersey

    Kenya

    Korea

    Malta

    Mauritius

    Mexico

    Netherlands

    New Zealand

    Nigeria

    Portugal

    Singapore

    South Africa

    Spain

    Switzerland

    Thailand

    UAE

    UK

    USA

    MEMBERSHIP LEVELS —

    What are the membership types available?

    Curator Native

    FREE

    The Curator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    The Curator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    However, the Curator has additional responsibilities. They are tasked with the responsibility of managing and updating one of the jurisdiction pages. There is only one Curator membership available for each jurisdiction.

    Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee.

    A Curator can also provide articles if they wish.

    READ MORE

    Creator Native

    FREE

    The Creator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    The Creator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    However, the Creator has additional responsibilities. They commit to their other Natives that they will produce at least one piece of quality content each quarter – whether an article, video or other valuable content.

    There are multiple Creator memberships available for each jurisdiction. Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee.

    READ MORE

    Adviser Native

    £65 / month

    The Adviser is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    The Adviser is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    The Adviser Native is a care-free soul and has made no other commitments to his fellow Tax Natives to generate content or curate a jurisdictional page. That’s cool.

    However, the Adviser will be eligible to pay the full monthly membership fee.

    READ MORE
    Become a curator

    TAX NATIVES: CURATOR —

    Curator

    The Curator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    The Curator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    However, the Curator has additional responsibilities. They are tasked with the responsibility of managing and updating one of the jurisdiction pages.

    There is only one Curator membership available for each jurisdiction.

    Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee.

    READ MORE
    		Become a creator

    TAX NATIVES: CREATOR —

    Creator

    The Creator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    However, the Creator has additional responsibilities. They commit to their other Natives that they will produce at least one piece of quality content each quarter – whether an article, video or other valuable content.

    There are multiple Creator memberships available for each jurisdiction. Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee.

    		 Become an adviser

    TAX NATIVES: ADVISOR —

    Adviser

    The Adviser is a fully-fledged member of the Tax Natives team.

    As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    The Adviser Native is a care-free soul and has made no other commitments to his fellow Tax Natives to generate content or curate a jurisdictional page.

    That's cool.

    However, the Adviser will be eligible to pay the full monthly membership fee.
    Initial admin fee £250 Free £250 Free £250 Free
    Minimum membership term 12 months 12 months 12 months
    Article contentCreator and Curators must create at least one piece of original, quality-approved content each quarter.
    		 No
    YesCreator and Curators must create at least one piece of original, quality-approved content each quarter.
    		 No
    Managing and updating your
    jurisdiction page
    Yes
    No
    No

    NATIVE

    Curator Creator Adviser

    FREE

    Read more
    Become a curator

    TAX NATIVES: CURATOR —

    Curator

    The Curator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    However, the Curator has additional responsibilities. They are tasked with the responsibility of managing and updating one of the jurisdiction pages.

    There is only one Curator membership available for each jurisdiction.

    Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee.

    Initial admin fee £250 Free
    Minimum membership term 12 months
    Article contentCreator and Curators must create at least one piece of original, quality-approved content each quarter.
    		 No
    Managing and updating your jurisdiction page Yes

    FREE

    Read more
    Become a creator

    TAX NATIVES: CREATOR —

    Creator

    The Creator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    However, the Creator has additional responsibilities. They commit to their other Natives that they will produce at least one piece of quality content each quarter – whether an article, video or other valuable content.

    There are multiple Creator memberships available for each jurisdiction. Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee.

    Initial admin fee £250 Free
    Minimum membership term 12 months
    Content creationCreator and Curators must create at least one piece of original, quality-approved content each quarter.
    YesCreator and Curators must create at least one piece of original, quality-approved content each quarter.
    Managing and updating your jurisdiction page No

    £65 / month

    Read more
    Become an adviser

    TAX NATIVES: ADVISOR —

    Adviser

    The Adviser is a fully-fledged member of the Tax Natives team.

    As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.

    The Adviser Native is a care-free soul and has made no other commitments to his fellow Tax Natives to generate content or curate a jurisdictional page.

    That's cool.

    However, the Adviser will be eligible to pay the full monthly membership fee.

    Initial admin fee £250 Free
    Minimum membership term 12 months
    Content creationCreator and Curators must create at least one piece of original, quality-approved content each quarter.
    		 No
    Managing and updating your jurisdiction page No

    Contact us

    If you want to know more about Tax Natives membership, enquire about an offshore tax structure expert, or you’d like to give a virtual high-five to a Tax Native, drop us a line and we’ll get back to you.

    Contact

    We collect personal information when you enquire about our services. We will use this information to provide the services requested, maintain records and, if you agree below, to send you marketing information. We will not share your infromation for marketing purposes with any other companies. For more information explaining how we use your information please see our Privacy Policy(Required)

    OUR PEOPLE —

    Andy Wood

    Founder & Director

    Andy joined the bar in 2019 after learning his ‘trade’ in large, international accountancy firms including the Big 4.

    Over a decade ago (2011 to be precise), hoping that some of the magic dust from these entrepreneurial clients had rubbed off on him, he established his own tax advisery business.

    His clients, as well as the aforementioned entrepreneurs, also include high-net-worth individuals, sports persons and entertainers and private companies.

    He decided to establish Tax Natives due to his first hand experience of regularly having to quickly find reliable and knowledgeable tax advisers around the globe to assist his clients.

    He is a member of the Chartered Institute of Taxation and the Society of Trust & Estate Practitioners (“STEP”).

    Having grown up in Castleford, West Yorkshire, Andy has rugby league in his DNA. He is also a Yorkshire cricket fan and long-suffering Everton supporter.

    His guitar playing ambition exceeds his proficiency.

    Contact Andy
    01 / 02

    OUR PEOPLE —

    Stuart Stobie

    Founder & Director

    Stuart has accumulated 25 years of experience in the trust and fiduciary business sector. His journey commenced in Hong Kong alongside Grant Thornton, and subsequently, he became an integral part of Sovereign, driving business growth across Asia and being appointed Managing Director, before transitioning to Gibraltar.

    After a successful tenure as the Managing Director of Sovereign’s Gibraltar head-office, Stuart’s path led him to Zurich, where he became associated with Coutts Bank. There, he served as a private banker on their Asia desk. Eventually, he returned to the United Kingdom, where he contributed his expertise to a venture capital enterprise. In 2018, he reconnected with Sovereign, this time stationed at the Wirral office which has recently relocated to Chester’s Coachworks. As Managing Director of Sovereign Corporate and Trustee Services Ltd, his responsibilities centre around business development in the North, with a particular focus on corporate and trust work.

    Stuart’s professional journey has afforded him membership in STEP. His diverse background in the financial and fiduciary domain equips him to tackle a wide array of challenges and devise solutions for his clients and collaborators.

    Contact Stuart
    01 / 02

    OUR MISSION —

    To provide expert local tax knowledge on a worldwide scale

    Tax Natives is an international tax network that connects taxpayer clients with qualified and regulated tax advisers, from one jurisdiction to another. But we’ll let Andy explain – he’s good at this stuff.

    Bring your knowledge to the world.

    Become a member

    SPOTLIGHT ARTICLE

    OECD’s Crypto Reporting Framework (“CARF”)

    Read more

    How Tax Natives works.

    Tax Natives is an international tax network that connects Explorers (taxpayer clients) with Natives (qualified and regulated tax advisers) from one jurisdiction to another.

    Ask us a question

    STEP ONE

    Select the ‘Ask a question button located on the top of each page and follow through the process to compose your question

    STEP TWO

    Once your question is confirmed and your account is set up, navigate to your user dashboard to view the message exchange between you and your Tax Native.

    STEP THREE

    Each Tax Native has to accept a question from an Explorer before a conversation can begin. Once the Tax Native has accepted your question, a quote will be submitted for approval through the messaging portal.