
There are many advantages to offshore incorporation. Below you will find one or more reasons that may help you decide if offshore is for you. No two persons or companies will have the same reasons fo offshore incorporation .
Asset Protection
Protect your assets by having them owned by an offshore corporation. Doing so will make your assets hard to seize in case of litigation by an individual, company or government entity. Wealthy individuals often become the target of lawsuits.
Financial Privacy
The use of nominee directors and shareholders will keep information out of the wrong hands. (best privacy, don’t tell anyone you went offshore)
Estate Planning
Many individuals use offshore companies to reduce inheritance tax and probate costs. The company holds your investments which may consist of cash, stock, bonds, real estate and other investments.
Tax Reduction
Everyone has the right to want to reduce his taxes legally. This can be done with proper planning and choice of appropriate tax havens.
International Trading
Buy goods anywhere in the world. Sell them at a higher price some place else. Keep the profits in your offshore company.
Other Benefits:
Reduced Operating Costs
Less Bureaucracy
Simplify the transfer of assets
Marketing of intellectual property
Holding Company (reduced taxes on dividends)
E-commerce (internet businesses, data storage, software development)
Consultancy Fees (reduced taxes)
Commission Agents (reduced taxes)
Yacht registration
Offshore Mutual Funds
Offshore Banking Offshore Investing
Captive Insurance
Service Corporations
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