Solutions

Utilising a tax exempt limited liability company for trade finance and documentary credits

This solution is used mainly by businesses who are engaged in import and export trading activities. For detailed benefits and recommended vehicles, read the guide below or contact us directly to find out how we can assist you.

Benefits & Features

The company is exempted from taxation, and hence adequate for repatriation of funds back to the beneficial owners' country of residence. The net effect is taxation in only one state that is domicile of residence. It is a limited liability company, which has as its name says limited liability. Ownership is confidential. Back to back LCs using local trading commercial bank provides leverage for capital contribution by promoters. With consideration to transfer pricing rules, this company can effectively be used for transfer pricing between the importing state and the exporting state.

This company is designed to be used mainly by people engaged in import and export trading activities.
  • Traders
  • Businessman importing and exporting from a country, other than his resident country.
  • Businessman looking for asset protection against potential liabilities
  • Trade financed by LC, that is no capital contribution
  • Tax minimisation
  • Avoidance of double taxation
  • Confidential vehicle
  • Only in resident state of beneficiaries

How to proceed

We would welcome the opportunity to assist you with more information:

Contact us for a FREE consultation if you would like to discuss your requirements with one of our consultants in person.
Alternatively, complete our Online Questionnaire and a consultant will contact you directly.
For professional intermediaries and repeat orders, download the relevant Application Form and return by fax or email.