Compliance and Regulation
How Offshore Proz operates in full compliance with international standards
Offshore Proz was founded with a non-negotiable principle: compliance is the foundation of any sustainable structure. Since 2010, we have helped clients structure their international businesses in ways that withstand banking due diligence, tax audits, and regulatory scrutiny. We don't offer shortcuts — we offer structures that work in the long run.
Regulatory Frameworks
CRS
Common Reporting Standard
Automatic tax information exchange system between over 100 countries. Banks report account balances of non-residents to tax authorities in the account holder's country of residence.
Applies to: All structures in participating jurisdictions (BVI, Cayman, Switzerland, Singapore, etc.)
FATCA
Foreign Account Tax Compliance Act
US law requiring foreign financial institutions to report accounts of US citizens and tax residents. Non-compliance results in 30% withholding on US-source payments.
Applies to: Anyone with US tax connection (citizen, green card, substantial presence)
KYC/AML
Know Your Customer / Anti-Money Laundering
Identity verification and source of funds procedures required by banks, registered agents, and financial service providers worldwide.
Applies to: All clients, without exception — essential part of onboarding
Substance
Economic Substance Requirements
Requirements for real economic presence in certain jurisdictions (office, employees, local decision-making) to avoid classification as a shell company.
Applies to: Cayman, BVI, Jersey, Guernsey, Malta, and other jurisdictions with substance rules
Our Compliance Principles
Full Transparency
We clearly explain reporting obligations and risks of each structure before engagement.
Defensible Documentation
Every structure includes documentation that justifies the business rationale and withstands scrutiny.
Confidentiality with Limits
We protect your privacy within legal limits. We do not hide information from authorities when legally required.
Rigorous Due Diligence
We verify the identity and source of funds of all clients according to international banking standards.
Refusal of Suspicious Operations
We refuse clients or operations that show signs of money laundering, tax evasion, or other illegalities.
Continuous Updates
We monitor regulatory changes and alert clients about necessary adjustments to their structures.
Our Compliance Process
Initial Analysis
We understand your tax situation, objectives, and risk profile. We identify the appropriate jurisdiction and compliance-compatible structure.
Due Diligence
We collect KYC documents (identity, proof of residence, source of funds) and verify against sanctions databases.
Structuring
We implement the structure with complete documentation, including contracts, minutes, and business justifications.
Continuous Monitoring
We track regulatory changes and assist with KYC updates, renewals, and structural adjustments.
Our Commitments
- We do not offer structures for tax evasion — only legal tax planning
- We do not accept funds of illicit or doubtful origin
- We fully comply with the laws of the jurisdictions in which we operate
- We cooperate with authorities when legally required
- We maintain due diligence records for at least 10 years
- We refuse clients on sanctions lists (OFAC, UN, EU)
Frequently Asked Questions
Does Offshore Proz report my data to tax authorities?
We don't report directly. However, banks and registered agents in CRS-participating jurisdictions report automatically. We structure for full compliance — not for concealment.
Can I have an offshore structure and not pay taxes?
It depends on your tax residence and the chosen jurisdiction. Many structures are tax-neutral in the offshore jurisdiction, but you may have reporting obligations in your country of residence. We explain this clearly before engagement.
What happens if regulations change?
We monitor changes and alert clients. If necessary, we assist with restructuring or adaptation. That's why 98% of our clients renew annually with us.
Do you accept any client?
No. We conduct rigorous due diligence and refuse clients who present red flags (PEPs without clear justification, doubtful source of funds, objectives incompatible with compliance).
Structure with Compliance
Schedule a consultation to understand how we can help you structure legally and sustainably.
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