As Offshore Trusts have become more readily accessible by the average individual, so too have they become the vehicle of choice for tax structuring. Having an Offshore Trust and Loan to a Beneficiary has been one of the chief mechanisms for avoiding tax on distributions. However, it isn’t as straightforward as it might first seem, and, in this guide, I will explain why.
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.
Asset protection has become such an important part of offshore structures in 2024. However, there is quite a bit of misconception that simply going offshore with a standard IBC is enough to protect your assets.
If you haven’t been involved in the world of offshore companies, then you may have never come across the term certificate of incumbency. The reality is it’s an essential document and, in this guide, I’ll explain what it is and how you go about getting a Certificate of Incumbency Hong Kong.
The use of nominee shareholders and directors has become relatively prevalent over the past decade as, those with wealth, seek to secure their privacy. In fact, obscuring ownership of assets is probably one of the best reasons to utilize a nominee structure as it reduces your visibility as far as lawsuits go.
Over the past 10-years, there has been a drive towards innovation in the company formations space. Entrepreneurial operations like Legalzoom and Stripe Atlas have taken the process of remote company formation and made it a ubiquitous product offering like ordering at McDonald’s.
2024 has seen increased oversight and regulations for stockbrokers and trading operations. On the face of it, this has been introduced to help protect their clients, but the perverse reality is that it has simply restricted access to a vast array of trading instruments. However, there is a way around all of these new regulations and this guide will show you how to set up an Offshore Company for Stock Trading.
The Cook Islands has one of the most secure asset protection structures anywhere in the world. The small island nations trust regime was created in 1984 and has stood the test of time, evidenced by many legal challenges, and continues to protect international trust beneficiaries. Subsequently, this guide will walk you through some of the key points of the Cook Islands International Trust Act of 1984.
The past few weeks have seen me working one-on-one with a client from Canada on diversifying their life and moving their business, and residency, offshore. Unfortunately, a pending divorce and a family illness have forced him to reconsider his options currently. This means I now have an unused Offshore Company with Bank account for Sale.