Does my company have to provide accounts to any tax authority?

No, generally not. This is one of the main advantages of "offshore" companies.

However, in a few select jurisdictions, such as Hong Kong, Cyprus and the UK for example, it is indeed mandatory for companies to produce yearly accounts and to have them audited, and in some cases, to pay taxes (please refer to our jurisdiction comparison table).

While a company may not be subject to tax reporting to its local authorities, from a personal standpoint it must not relieve you from seeking counsel from a tax advisor in your country of residence in order to assess the extent of your own obligations, if any.


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