The words “offshore business” and “offshore company” have no precise legal, tax or general business meaning. The word “offshore” often means nothing more than anywhere other than the place of physical location of the person using the word (i.e. overseas). We use the words “offshore business” and “offshore company” as terms of definition in connection with matters such as the structuring of international business and family wealth management or tax planning.

There may be substantial benefits obtained through moving your business and assets into an offshore entity. Perhaps you're worried about your future, about the potential of a crippling liability action, perhaps you're trading internationally and have income arising in different parts of the world, or perhaps you are concerned about inheritance taxes on your death.

Establishment of an Offshore Company can solve all these problems and many more. The main purpose of going offshore is the privacy it affords you. It can be a means to legally decrease your tax burden. You may be able to defer, reduce and even eliminate taxes by following a carefully thought out strategy. You may want to do it for retirement planning - in this way your nest-egg will grow without being continually "trimmed" back by various withholding taxes. The power of compound interest works much better when you're not getting tax deductions. Whatever your reasons, we are interested in helping you achieve your reasons for the use of an offshore entity.

The motivations for individuals and corporations to utilize offshore planning and offshore companies include the desire to:

• Maintain financial privacy
• Reduce tax
• Protect assets
• Manage risk
• Avoid costly bureaucracy
• Reduce costs
• Enhance assets

More broadly, the reasons and benefits for going offshore and utilizing offshore companies for tax planning and offshore business include:

• Free remittance of profits and capital
• Access to tax treaties
• Security of property rights
• Accessing low cost areas
• Banking privacy
• Availability of offshore experts
• Access to foreign insurance and reinsurance
• Enhanced privacy
• Customs and duty exemptions
• Exchange convertibility
• Government cooperation
• Fair treatment
• Territorial taxation on foreign income
• Fewer restrictions
• Sanctity of contracts
• Foreign investment inducements
• Higher yields and returns
• Reduced or no taxation
• The search for political stability
• No inheritance, succession or gift taxes
• Protection from inflation
• Reduce legal liabilities
• Reduce operating expenses
• Freedom from currency exchange control
• No international trade tariffs
• No annual tax return requirements
• Data on owners and directors not publicly available and remain confidential
• World class banking and investment management services available
• No costly bureaucracy

The principal uses of offshore companies are:

• Trading
• Investment
• Holding
• Financing
• Patent, royalty and copyright holding
• Real property ownership
• Ship management and yacht owning
• Personal and corporate tax planning

One of the first thoughts that come to mind when the phrase offshore investing is mentioned to an individual is tax savings, but consider this: In today’s ever changing society the respect for an individual's or corporate's right to privacy has been lost completely. With an offshore company, the owner has total control over his assets in the complete PRIVACY of a Tax Haven. All business, including investments and banking, is conducted under corporate ownership, keeping the names of the shareholders, directors and officers completely private.