Consultancy, Professional Services, Agency
Professionals, consultants, artists and many self-employed individuals can gain substantial advantages by working as employees or as external consultants of offshore companies, of which they may be the sole shareholders and, if they want, the sole directors.
Employment of Expatriate Staff
Expatriates working overseas can frequently benefit from being employed through an offshore employment/consultancy company. This can avoid taxes being deducted at the source. By not remitting the full salary, it can minimise taxes and avoid exchange control difficulties in the country of temporary residence. This arrangement will be particularly attractive to expatriates working in politically unstable countries.
Property Owning Companies
There are often significant advantages in using an offshore holding company for the purpose of holding property. The advantages of such an arrangement include the avoidance of inheritance tax, capital gains tax and the ease of sale which can be achieved by transferring the property owned by the company and a reduction of property purchase costs to the onward purchasers.
Investment Companies
Funds accumulated through investment companies set up in offshore areas can be invested or deposited throughout the world and, whilst generally returns or interest payable in respect to these funds will be subject to local taxation, there are many offshore areas in which funds may be placed as bank deposits where the interest and/or the capital gains are paid and kept gross. Offshore jurisdictions are typically less invasive allowing for aggressive and unrestrained Free Enterprise.
Copyrights, Patents and Trademarks
Offshore companies can purchase or be assigned the right to use copyrights, patents or trademarks. Royalties can then be accumulated offshore although often royalties may suffer withholding taxes at the source. An interposing holding company in some cases may allow a reduction in the tax rate withheld at the source.
Privacy
A high net-worth individual can save professional fees and unwanted publicity by owning property or other assets through an offshore company. We can provide a wide range of services in the field of privacy protection.
Protection
- To file first position liens against assets and property closing the door to predatory litigation before it begins
- To segregate high-risk investments from other more secure holdings
- To protect retirement funds from possible bankruptcy
- To provide for the transfer of assets for the next generation in an efficient and discreet fashion
- Nominee directors and officers can allow you to conduct business transactions for your benefit while you remain anonymous
- To access your funds with corporate debit or credit cards thereby maintaining absolute confidentiality
