| Abstract [eng] |
Going offshore nowadays is the most popular way of starting or managing business. This status relates to the requirement that any business activity should be conducted outside the country of registration. In this case the entity is exempted from all or most of taxes in the country of registration. Both individuals and corporations are seeking a safe place to protect their assets and investments and legal ways to avoid taxes - trying to take advantage of profit-making opportunities that are unavailable onshore. Thus, the establishment of offshore companies remain liable for taxes, but tax rates are many times smaller than the base. The Object of research – the object of research - offshore centers as an investment opportunity in international trade. The goal of the paper – the analysis of the key tax aspects of offshore centers, to investigate their effects on the Lithuanian economy, international sales. The following key tasks were set in order to achieve the goal: • Brief overview of the history of offshore companies and analyzed their main theoretical aspects. • The analysis of Lithuanian liberal economic zones, tax issues, evaluate their effectiveness. • Compared to offshore centers for the import - export value in 2007 - 2009 and foreign direct investment in 1997 - 2009 and assess their impact on the Lithuanian economy. The structure of paper: The work consists of an introduction, three main parts, conclusions and recommendations, a summary of Lithuanian and English literature and fixings. In the first chapter deals with theoretical aspects of offshore. The second section provides an overview of the most popular aspects of the tax jurisdictions and the cash flow statistics for these jurisdictions. The third chapter are waste result information gathering, organization, a summary of the findings, the formulation and presentation. The study can be stated that setting up offshore companies to create new jobs, which means that unemployment is decreasing, which promotes new investment and growth in gross domestic product. |
