Expat FAQ
Do you have a general question on expatriation? FAQs give you answers to the most frequent questions: Practical Life.
What is Fiduciary Factoring and what are its advantages?
Fiduciary Factoring is an easy and quick Tax Planning solution to get offshore wealth without any taxation.
Fiduciary Factoring’s - also called Offshore Factoring - main purpose is to expatriate all or part of your income & assets into offshore funds.
The set up of these kinds of arrangements is quick & absolutely affordable. As a result, all your expatriate income & funds will be 90% tax-free.
How does it work (exactly)?
You have been employed by a company for your services.
Invoicing services are done by a Fiduciary Partner. Your client receives an invoice from London. Your client pays the invoice. You will receive 90% of the transferred amount, free of tax on your offshore bank account.
Is your company making a profit?
The Fiduciary Partner will invoice your company (via separate companies) in order to decrease your benefit & expatriate funds for your personal use.
You will receive 90% of expatriated amounts, tax free.
You will have access to these expatriated funds, through international payment & debit cards and Internet banking facilities.
[05-10-2012]
Fiduciary Factoring’s - also called Offshore Factoring - main purpose is to expatriate all or part of your income & assets into offshore funds.
The set up of these kinds of arrangements is quick & absolutely affordable. As a result, all your expatriate income & funds will be 90% tax-free.
How does it work (exactly)?
Invoicing services are done by a Fiduciary Partner. Your client receives an invoice from London. Your client pays the invoice. You will receive 90% of the transferred amount, free of tax on your offshore bank account.
The Fiduciary Partner will invoice your company (via separate companies) in order to decrease your benefit & expatriate funds for your personal use.
You will receive 90% of expatriated amounts, tax free.
You will have access to these expatriated funds, through international payment & debit cards and Internet banking facilities.
For more information on that Tax Planning Solution, see our website ExpertExpat.com on Fiduciary and Offshore Umbrella Services.
[05-10-2012]
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