Annual Maintenance of Offshore Companies

What are the annual renewal fees?

The annual renewal fees are the annually recurring government and professional fees that You (or, rather, Your offshore company) have to pay in order to continue and maintain the company in good legal standing as per the laws of the state of registration, for as long as the company exists. These costs can be compared to taxes and the administration overhead of a regular "domestic" company. Obviously, the total maintenance costs for an offshore company are normally much less than for a business based in any high-tax country.