Offshore for fees

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Offshore companies are convenient to use are used to obtain royalties and other payments to representatives of the arts, sportsmenamii, programmers, etc., with an offshore company, usually acts as the official representative of the Executive Agent for the relationship with the customer.

Artist works, natural persons

Offshore agent

Customer work-legal entity

If the customer is inconvenient to pay directly to the offshore, two-level scheme with the addition of a mediator in a jurisdiction that is most convenient to the customer (eg company in Cyprus , in Switzerland or Denmark)

To protect the assets it is recommended to use multi-level structure of ownership, sharing assets by groups of classical offshore company or trust , together with an intermediate offshore investor complementing its front company in the EU (a registered on Cyprus , in England , Denmark , Switzerland )

Artist works, natural persons

Offshore agent

Company Cyprus

Customer work-legal entity

These schemes provide the most convenient scheme for the calculation of the performer and the customer, this customer is not required to withhold income tax from the individual artist-\