Offshore Company - Legitimate Uses of Offshore Companies

Legitimate Uses of Offshore Companies

  • International trading, especially where the owner has no fixed residence
  • Asset protection
  • Captive insurance
  • Yacht registration
  • Tax avoidance
  • Protection of intellectual property
  • Succession planning
  • Confidentiality (non-criminal)

Read more about this topic:  Offshore Company

Famous quotes containing the words legitimate and/or companies:

    “A prince never lacks legitimate reasons to break his promise.”
    —Niccolò Machiavelli (1469–1527)

    “The recent attempt to secure a charter from the State of North Dakota for a lottery company, the pending effort to obtain from the State of Louisiana a renewal of the charter of the Louisiana State Lottery, and the establishment of one or more lottery companies at Mexican towns near our border, have served the good purpose of calling public attention to an evil of vast proportions.”
    —Benjamin Harrison (1833–1901)