The strongest privacy laws and offshore banking jurisdictions allow for financial privacy as well as asset protection from divorce, creditors, judgments and lawsuits.
To establish an offshore company and/or relocate your corporate structure to an overseas jurisdiction can be an essential step in protecting your assets from lawsuits, taking advantage of international tax breaks and growing your business overseas. This website is based on years of research and is intended as a tutorial that can guide you step-by-step in forming and using an offshore company. You will find literally dozens of advantages to setting up an international organization and running your business using an offshore bank account instead of, or in association with a local account. Nevis, Cayman Islands, Panama, BVI and Hong Kong are all very popular jurisdictions, and we can guide you from setting up the corporation or LLC of your choice to helping you establish a bank account for your business to establishing a virtual office offshore.
Doing business offshore is not about evading taxes or keeping money from the government. It is about structuring your affairs in such a way as to take advantage of international laws that are available to anyone who cares to use them to their benefit.
We can show you perfectly legal and legitimate ways to set up your business internationally so that you understand the far-reaching benefits from asset protection to cost-savings. You likely know that Apple, Google and a barrage of other organization have slashed their tax bills using completely legal techniques through the use of overseas structures. There are ways that you may be able to do this too, with our help plus the guidance of the proper licensed professionals.
One extraordinarily successful strategy is to use on offshore company to operate your online business. It is a technique used by Apple and Google. If your business is based online and you incorporate your international company properly, it may have some very attractive tax benefits. This may defer tax payments, like an IRA. It is abundantly important to have the tax advice of a knowledgeable CPA who can guide you in the use of this strategy. Use of these tools to save money on taxes may also depend on your country of residence and citizenship and your percentage of ownership of the company, among other actors. So, it should only be used under the guidance of experienced tax counsel.
An online business can have a global customer base. For example, do you want to multiply your customer base by 22 times? The population outside of the US is about 22 times greater than inside. The world population outside of the UK is 109 times greater than inside, 200 greater outside of Canada and 304 times outside of Australia. You get the idea. Why should you limit yourself to the old fashion geographically constricted business model? Establishing an offshore company and offshore bank account to run your online business can be a great way to build momentum outside of the country in which you reside.
What if your local company runs into difficult times? Remember the US and European recession of 2008, 2009 and following years? During that time the economies in Southeast Asia and Australia were booming. By having an offshore money machine, you limit your exposure to the local economy.
Why not have multiple global online businesses running simultaneously? The low cost of establishing a number of offshore companies and accounts, along with new low-cost website development services makes the initial investment just a drop in the bucket compared to the tremendous upside potential. Our organization provides all of these services, and has for tens of thousands of clients. If a farmer wants to harvest a crop he must first plant the seeds. Not all of the seeds grow but a majority of them do; and the ones that do can make him and his family a living for many generations.
Within minutes of filing a lawsuit, an attorney can file another document freezing your bank account, your home, your business, and other assets. However, operating a business offshore puts up a huge barrier to a viscous litigants ability to freeze and seize your hard earned resources.
A whopping 96% of the worlds lawsuits are filed in the US yet it only has about 4.5% of the worlds population. Why in the name of Molly Strudel would one want to have a sizable bank account sitting out in the open in the US when the odds of having that money taken are 23 times greater than anywhere else on the planet? Think about it. Keep enough funds locally to satisfy current needs. Then wire funds from your offshore account as the need arises. Keep funds offshore, held in the name of an offshore company and/or asset protection trust. Doing this puts you in the drivers seat rather than some money grubbing attorney who wants to put food on his familys table by taking it from yours.
Concerned about safety of your money offshore? Think again. Global Finance Magazine researches and publishes a list of 50 of the worlds safest banks each year. Can you guess how many national US banks made the list on the date of this writing? Would you think 40? 45? How about zero? Yes, NONE. The only US banks that made the list were three small regional farming banks. That is all. They ranked 30, 45 and 50 on the list. The safest banks on the list were from Germany, Switzerland the Netherlands, France, Luxembourg, Canada and Australia.
So, if you are in the US or South America, the question is not Is offshore banking safe? The question is, Is local banking safe? The United States is the most in-debt country in the world by a long shot. If countries were companies, and you were looking for one to invest in, would you look for one that was deeply in debt or one that was flush with cash? Would you look for one with a growing industrial base or one where manufacturing has been steadily eroding for decades? Think about it. Just because it is familiar doesnt make it good.
Keeping at least a portion of ones assets offshore in safer havens just makes good sense. At least have an offshore account ready to dump funds into on a moments notice if the need arises. Questions about offshore company formation and offshore banking? There is a number above to call and an inquiry form to complete on this page.
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