Companies like Boeing, Weyerhaeuser, Sears, Firestone, Exxon, Caterpillar, Monsanto, and most of the Fortune 1,000 companies. American Express, Citibank, Chase Manhattan, Bank of America, Security Pacific Bank, and literally hundreds of mainstream banks know that their earnings depend upon tax-free offshore profits. Banking profits from an offshore financial center are virtually tax-free because dividends, interest and capital gains are not considered taxable income to these firms. In fact, we believe that the 21st Century will be known as the era of offshore domiciles. There are a number of very important reasons for one to consider expanding their business activities offshore, in addition to the truly significant benefits of privacy and asset protection, and the sometimes benefit of tax shelter.
Privacy is often integral to risk planning.
Offshore clients typically seek confidentiality in their affairs to protect business strategies. Offshore jurisdictions are typically less business invasive allowing for aggressive and unrestrained enterprise with lower overhead. By titling property into an offshore company, you can transfer real estate, cars, boats, and other property more easily by selling or transferring stock instead of re-titling the property when sold. An offshore company may be used to segregate high-risk investments from other more secure holdings. Offshore legal structures are widely recognized as the premier resource for segregating assets and achieving privacy from potential litigation.