The new global climate of free enterprise has brought with it a proliferation of offshore centers that presumably have important roles to play in the emergent global economy.
The term “offshore” describes nothing more than designating property, investments, or businesses that are based or registered in a foreign country, usually in order to minimize taxes.
The common characteristics in the offshore havens are:
- A system of low or no taxes
- Maximun flexibility and secrecy in the ownership of business
- Your assets are protected from frivolous lawsuits and unjustified claim
By enabling elements of your businesses and locating them in an offshore jurisdiction, your company could significantly improve profitability. |
