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About
Offshore Protection is a Offshore Legal and Corporate Service Provider with offices in Panama, Belize and Hong Kong.

Founded in 1996, Offshore-Protection provides multi-jurisdictional offshore company formation services and management solutions tailored to your needs.

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7 Benefits of Going Offshore


7 Benefits of Going Offshore



1. Tax Reduction Possibilities

If you incorporate offshore, you find that there are many jurisdictions around the world that have much lower corporate tax rates affording you the possibilities of reducing your tax rate tremendously.

However, whether or not that is actually possible to get your effective tax rate to 0% will depend upon the regulations and laws in your own home country and whether or not they have CFC regulations that force you to declare foreign corporations.

2. Privacy

Offshore Companies give you a privacy that is no afforded in many domestic jurisdictions. This is because there are very strict laws that prevent public disclosure of client information.

To become completely anonymous , will largely depends on where you live and the passport that you carry; as you are still beholden to the country you were born in, unless you renounce your citizenship or move abroad.

3. Asset Protection

Protecting your assets in an offshore jurisdiction is possible due to the separation of powers that come when you are able to structure your company so that you remain removed from it. It makes it much harder for creditors or false legal claims to gain access to assets that are directly under the domain of a corporate entity.

Similarly, having a Trust that is owned by an LLC for instance, gives you a greater degree of security as well as the advantage of having a second set of corporate law to protect your interests. A Creditor looking to break into the Trust must try to navigate the legal system of a separate country, many of which, like Marshall Islands or Nevis has many obstacles to entry.

4. Diversification

International diversification is a must in this days world. Without diversifying you risk losing anything if one domino falls.

Having an offshore structure gives you an advantage of having access to investments that are not bound by rules and laws in your home country. This gives you possibilities of higher earnings, spreads your risk and gives you access to multiple currencies.

5. Minimal reporting and financial requirements

Most offshore jurisdictions have minimal reporting and financial requirements. This reduces the amount of paperwork, enhances your privacy and reduces corporate bureaucratic red tape. Countries like Nevis or Marshall Islands for instance have no reporting or auditing requirements which attracts many investors looking for confidentiality

6. Relaxed Corporate Legislation

Many offshore tax havens have much lower fees because they have much lower corporate regulations and oversight, allowing businesses to flourish without over burdening regulations.

With a liberal corporate environment, many businesses can conduct themselves in ways that are not possible in more traditional environments.

7. More International Opportunities

There are many more offshore investing options that are made available in countries that have less regulations. In places like the Cayman Islands, there is relaxed investment regulations attracting some of the biggest names in the offshore investing world. As a result some 75% of the worlds hedge funds and upwards of 1 trillion dollars are in the Cayman Islands.

While these are just 7 benefits. There are many more that can be found by going offshore.

Why You Need Offshore Bank Account





Many who are not accustomed with offshore banking find it to be an alien and exotic concept. There are many misconceptions and negative connotations, mostly due to the shocking headlines about using offshore banking for money laundering and tax evasion. What many don’t realise is that having an offshore bank account is quite normal, legal and safe, and offers numerous practical advantages. Here we will take a closer look at what exactly offshore banking is, and why it is so vital to have one.

So what exactly is offshore banking? Offshore banking is simply a term used to refer to the use of banking services in a foreign jurisdiction outside of the country where one resides. So any individual who owns a bank account in a foreign country outside of their country of residence is engaging in offshore banking.

In the past, there were typically only a small number of jurisdictions which offered offshore banking services, and many still associate offshore banking with these few countries to this day. However, nowadays, one can open an offshore bank account almost anywhere That being said, there are still certain jurisdictions which are more renowned for their use and which offer greater benefits compared to others. The choice of where to open an offshore account is very important, and will vary according to individual needs and circumstances.

Why go offshore

The primary reason for opening an offshore bank account is the great additional security it provides. Keeping some of your wealth aside in an offshore jurisdiction will protect it against many of the threats which may arise in your home country; such as economic and banking collapse, freezing of assets, lawsuits, etc. Many foreign jurisdictions have banking systems which are much safer, more lucrative, offer greater privacy, and a variety of other advantages.

Ordinarily, when it comes to investing, there is usually a clear payoff between risk and returns. Higher returns normally mean higher risk in the economic world. Offshore banking is one of the few areas where one can expect both higher returns and lower risk. It is the ultimate win-win situation, which every smart and savvy investor should seriously consider.


Offshore investment account

An offshore investment account operates similarly to a private offshore bank account in principle, but it gives one greater access to investment and trading options. Through the account, one is able to trade on stocks and financial derivatives and engage in various types of transactions between different accounts. It allows high volumes of deposits and withdrawals, and so is ideal for those who wish to actively invest and trade offshore. Generally, it is best to form an offshore company with which to open an offshore investment account, so as to protect the individual and take advantage of tax advantages provided to companies. In many jurisdictions, it is also easier to open an account in the name of a company compared to a private individual account. Banks are much stricter about accepting individuals, and one usually needs to be a very high value investor. Using an offshore company to open an investment account also leads to greater privacy and autonomy, and so many will find this to be the preferred option.

Problems with traditional banking

Many may wonder, “what is the real problem with just keeping all my money in my own country?”. Those who are unfamiliar with offshore banking may even find the prospect of putting some of their wealth in a foreign country to be frightening, and there may be fears about the risks it would entail. In actual fact, the opposite is true.

Keeping all your money in your own country is extremely risky. Many banking systems, especially those in the West, are really quite terrible to put it bluntly. They are usually very unstable, have very low liquidity and interest rates, high taxation, and offer very little privacy. Banks in favourable offshore environments on the other hand offer much greater stability, returns and privacy.

Contact us For more information and see if a offshore bank account is right for you.
Keeping all your wealth in your own country is akin to “keeping all your eggs in one basket”. If anything should go wrong, as things often do, the results would be catastrophic. Owning an offshore bank account is merely a way to dilute your risk, have a sound back-up plan, as well as take advantage of the many other benefits on offer.


Privacy Policy


Privacy Policy

Last updated: February 16, 2020

This Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your information when You use the Service and tells You about Your privacy rights and how the law protects You.

We use Your Personal data to provide and improve the Service. By using the Service, You agree to the collection and use of information in accordance with this Privacy Policy. This Privacy Policy has been created with the help of Privacy Policy Generator.

Interpretation and Definitions

Interpretation

The words of which the initial letter is capitalized have meanings defined under the following conditions.

The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

Definitions

For the purposes of this Privacy Policy:

  • You means the individual accessing or using the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable.

  • Company (referred to as either "the Company", "We", "Us" or "Our" in this Agreement) refers to companyoffshoreprotection.

  • Affiliate means an entity that controls, is controlled by or is under common control with a party, where "control" means ownership of 50% or more of the shares, equity interest or other securities entitled to vote for election of directors or other managing authority.
  • Account means a unique account created for You to access our Service or parts of our Service.
  • Website refers to companyoffshoreprotection, accessible from https://companyoffshoreprotection.doodlekit.com
  •  
  • Service refers to the Website.
  • Country refers to: United Kingdom
  • Service Provider means any natural or legal person who processes the data on behalf of the Company. It refers to third-party companies or individuals employed by the Company to facilitate the Service, to provide the Service on behalf of the Company, to perform services related to the Service or to assist the Company in analyzing how the Service is used.

  • Third-party Social Media Service refers to any website or any social network website through which a User can log in or create an account to use the Service.
  • Personal Data is any information that relates to an identified or identifiable individual.

  • Cookies are small files that are placed on Your computer, mobile device or any other device by a website, 
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