Running a business can present a lot of different challenges you will need to overcome. One of the most troublesome aspects of business is definitely dealing with tax laws. Taxes can be complicated in many ways, and when your company operates in many different countries, it can be tough to keep things organised properly. If you find that you’re losing a lot of profits due to your companies holdings being located in a country with high taxes, there are measures you can take to alleviate this burden.
You should consider moving your holdings over to a holding company from Switzerland. Many international businesses make good use of these holding companies to save themselves a significant amount of money on taxes every year. The taxation rate is much more reasonable when you do this, and there are a plethora of other benefits as well. It is worth looking into whether taking a step like this could benefit your own company.
How a Holding Company Could Help You
There are a number of different reasons why people work with these holding companies. The largest reason is the better rate of taxation that you get when you have your holdings located there. There are a number of different tax exemptions that can positively benefit your company. You’ll wind up saving a significant chunk of money every year simply by having your holdings there.
To add to this, you can also avoid many other fees simply by meeting certain conditions. Getting the advice of a financial expert is recommended, as they will be able to go over the particulars with you. In essence, moving your money around in a particular way is going to be effective at allowing you to hold onto as much of it as possible. This is great news for businesses that are in need of holding onto as much capital for future investments as they can.
It should be noted that many of the tax laws are set to change in the near future in regards to Switzerland. There will still be many benefits available for people who can make use of the Swiss Participation Exemption even once these reforms have gone through. This means that making use of a Swiss holding company is still going to be a good option for your business as long as you understand the proper steps you need to take.
Reach Out to the Holding Company
You should definitely reach out to the holding company today to see if they can benefit your business endeavours. They will be able to talk about all of the details with you and go over what needs to be done in order for your company to get the maximum benefits out of this arrangement. You can also speak to them about any concerns with tax reforms and what it will mean for this sort of relationship. It’s important to arm yourself with the right knowledge so you can make an informed decision.
This type of company will be able to assist you in many ways. Once you have made contact, you will see that it can be a very good relationship that will aid your company going forward. Do your best to take the necessary steps and you should be able to save a significant amount of money.