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)

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Famous quotes containing the words legitimate and/or companies:

    This will not be disloyalty but will show that as members of a party they are loyal first to the fine things for which the party stands and when it rejects those things or forgets the legitimate objects for which parties exist, then as a party it cannot command the honest loyalty of its members.
    Eleanor Roosevelt (1884–1962)

    In the U.S. for instance, the value of a homemaker’s productive work has been imputed mostly when she was maimed or killed and insurance companies and/or the courts had to calculate the amount to pay her family in damages. Even at that, the rates were mostly pink collar and the big number was attributed to the husband’s pain and suffering.
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