A Secure Offshore Structure

When you incorporate your offshore company through a reputable service and offshore bank, your privacy is guaranteed. While offshore jurisdictions have a long history of protecting the anonymity of their banking, business and corporate clients, technological innovations and increased security measures, as well as a tightening of internal systems to reflect the increased scrutiny from world authorities, mean that your offshore business structure is safer than ever - in even more ways - so that you’re able to do more than you ever have with your offshore company.

The assets held under your offshore corporation are completely protected from costly lawsuit settlements. This is particularly important for those professions that are frequent targets of litigation - such as medical professionals, product manufacturers and international service providers.

If your home country or onshore jurisdiction has made it even harder than normal for you to keep up with all the changes in recordkeeping, tax filing and other forms of income reporting, placing your company under the jurisdiction of an offshore financial centre will ensure that your paperwork is kept to a minimum. And for multinational companies, consolidating all your worldwide assets into one offshore company account means a streamlined reporting process - and fewer employees - to improve your bottom line.

Offshore jurisdictions are famously flexible regarding the rules and regulations of running your business. They believe you know what’s best for your business, and they’ve taken measures to ensure that only the minimum amount of regulation is placed on factors such as accounts payable and receivable, trading, currency and employee requirements. The privacy of offshore company affords you the means that you can run the business the way you choose - not government bureaucrats who have no idea what makes your company tick.

One of the elements of business most vexing to entrepreneurs and investors is the amount of taxes paid - especially when it comes to capital gains, double taxation on dividends, and employee pension plans and benefit schemes. By incorporating your company in an offshore jurisdiction, you’ll be in more control over the money your company earns - and free to reinvest in the market or in equipment, systems and other improvements that make your company run better.

Having complete privacy regarding the details of your offshore company also helps you create the image you want for your business - whether it be for the benefit of your investors, your customers, or your competitors. With a number of subsidiaries spread around the globe, you can truly establish an international presence so you can prepare to increase your market share.

Offshore confidentiality also protects you from the prying eyes of your competitors. By transferring your intellectual property to be held in your offshore corporation, you’re keeping private your most important company secrets.

If you are interested in more flexibility, a more beneficial tax structure, an international reach or simply more privacy in your financial dealings, then we urge you to consider incorporating your company in an offshore jurisdiction. It’s a logical choice for companies of all types and sizes - from huge conglomerates to a one-man operation.

However, choosing a jurisdiction in which to incorporate your business can be an overwhelming process - while all offshore financial centres have similar characteristics, there are slight differences between each that can make all the difference to your bottom line. For more information on which offshore jurisdiction is right for your business, please do not hesitate to contact us today.