Moving a company offshore

[Pauljohno]

Hi,
I was wondering if anyone had any experience or advice for moving a company offshore?
I'm co-founder of an internet business where we sell fitness programs on line. The product is virtual, there is no physical product. The company is currently registered in the UK and we have 3 share holders in 3 different countries, UK, US and Australia. For these reasons we are looking to register the company offshore so we can benefit from reduced taxes etc..
There seems to be a lot of different options, such as Isle of Man, British Virgin Islands, Cayman Islands etc.. but we're not sure which would be the best or the the most secure.
If anyone has any tips or advice on the pitfalls or benefits it would be much appreciated.
Thanks,

[JGOffshore]

Hi there,

This is a complicated question with a multitude of pitfalls for the unwary. Can I suggest that you PM me with your contact details and I'll have a chat with you?

Cheers

[highlandspring]

I think it comes down to control, if in reality the company is controlled from the UK it will still be subject to UK corporation tax, doesn't matter where it is registered.

The UK has tax agreements with all the countries you mention so the HMRC will be aware of your involvement, unless the shares are held by trustees.

Sounds a bit complex so you had better speak to a tax specialist.