In recent times offshore account and company attended right into a large amount of public scrutiny due mainly to certain misconceptions regarding tax-haven countries as well as the affiliation of black cash with offshore records in public understanding. It's, however, incorrect to take into account, offshore accounts to become completely tax exempt, or tax evasion is the key objective behind opening offshore bank balances. Lots of the banking legislation places don't charge any tax for reports, however, many places impose withholding taxes on revenue made in the offshore records presented by foreign account holders. Get more info: - http://www.investasian.com/aec