Any online business is the amazing consequence of a digital era that has revolutionised business communications. You can run a business from any corner of the world; however, for security and compliance reasons, you need to experience the process of setting up a company with perfect documentation and banking account.

Let’s understand with an example. If you’re into exporting goods to the UK while based in Peru, at a certain point, you need to consider opening an offshore company in the UK for smooth functioning of the business and to comply with UK taxation laws.

Here is a brief guide for setting up an offshore company.…