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Full Member
Int. trading - tax savings through offshore company?
This question has got nothing to do with my other thread but it is about my main business importing goods exclusively from the UK. The import process is standard, I am importing in the name of my CC and supply agencies and wholesalers with the product.
But in the future I would like to do it as follows:
My CC pays the offshore company for the goods, the offshore company pays the manufacturer, manufacturer sends to SA as before.
My CC only makes a small profit, the offshore company makes the real profit.
Is this idea possible? Can this offshore company act as some kind of agency so to speak? They aren't the manufacturer but I am paying them in order to supply me the goods from the manufacturer. Can this work?
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