Offshore Structures

Offshore banking is constantly changing but we are bringing you our top offshore banks for 2024 in this key guide.

I’m regularly questioned on Offshore Trust Inheritance Tax and when it may be applied on inheritances. In this guide, I cover some of the basics and look at how to get around it.

One of the questions I regularly receive… Is It Legal to Have an Offshore Company … and I can understand why. Let’s dig in and discuss the reality of owning one of these mysterious entities.

As many of you will be aware, the New Zealand Companies Act was amended in 2014 and this caused somewhere of a ruction given that a new requirement was introduced requiring a resident director. Subsequently, I have been receiving lots of emails querying how one goes about finding a Nominee Director NZ.

Choosing the country that you form your new offshore company in is probably one of the most important decisions you will make. It can impact both your business operations as well as the laws and tax treatment that you receive.

The UAE is probably one of the most exciting options of 2024 and, as the country continues to mature as an offshore finance hub, could morph into being seen as the Switzerland of the Middle East. From Free Trade Zone companies (RAK) to UAE offshore entities, the offshore sector really offers something for everyone.

When discussions come up about asset protection, I’m inevitably asked Which is Better a Trust or Foundation for ongoing protection. The answer is that it depends on what you are looking to protect and what your level of legal risk is likely to be. Subsequently, read on to find out which might be better for your circumstances.

Offshore trusts were once the darlings of the UK jet-set as the jurisdictions, such as the Channel Islands, grew in stature for tax purposes. However, there have been some worrying signals from the powers that be regarding the use of offshore trusts.