Most of the offshore company formations that we offer are not taxed in the country of incorporation as long as they are not conducting local business within the jurisdiction of domicile.  Sterling Offshore can incorporate tax resident companies, such as the Seychelles CSL, which enjoy low taxation on worldwide profits and access to double taxation avoidance treaties.  Otherwise, your tax situation will vary depending on your country of residence, citizenship and domicile. Sterling Offshore recommends that you seek professional tax and legal advice in you country of residence to establish your specific tax consequences.