However, it can take years or even decades to obtain the necessary citizenship – as well as a significant disruption to your business and personal life – in order to take advantage of what these countries have to offer.
However, by establishing your company as a corporation in an offshore jurisdiction, these same advantages can become available to you. Let’s take a look at how offshore corporations are used in order to organize, maintain, protect and accumulate wealth.
Global access
Incorporating in an offshore jurisdiction affords you the ability to invest in, conduct transactions with and protect other foreign corporations.
Asset protection
Through your offshore corporation, you can consolidate your worldwide wealth and protect your assets from creditors, lawsuit judgements, estate taxes and other interests.
Portfolio management
Many corporations use offshore jurisdictions as a way to manage employee pensions and benefits. The privacy and tax advantages afforded to offshore corporations provide ample financial opportunities not available in your home country.
Confidentiality
Offshore jurisdictions are fiercely proud of their commitment to your privacy. To this end, there are a variety of ways your corporation can be shielded, from blind trusts to third party administration.
Depending on your industry, your financial goals and the size and type of the assets you hold, incorporating in an offshore jurisdiction could prove to be the best investment decision you’ve ever made.
