Reasons To Open an Offshore Company
Do you have any doubts about the advantages of forming an offshore company? On the other hand, it appears that everyone on the Internet has an opinion on everything. Instead of blindly believing everything on the Internet, you should look for logical sources that draw inferences on the basis of facts and not opinions. Not every offshore company is a shell company or set up for illegitimate tax evasions. There are plenty of legitimate uses for an offshore company and nominee services . Here are a few: · Asset Protection: In places like the United States, where litigation is rampant and contingency-based ambulance chasing attorneys are somewhat the norm. Then if you are in a product selling a business or in some kind of high liability business, putting a distance between you and frivolous lawsuits is always a wise choice. · Buying Real Estate: Many countries really want you to use their local corporate structure, even if it’s a subsidiary or to purchase real esta...