Who Can Incorporate Offshore

There are generally two categories of the clients who are making use of offshore facilities – individuals and corporate entities. Both categories, being extremely diverse, are matched only by the wide range of benefits that offshore centers offer.

The reasons why individuals make use of offshore facilities are most often tax planning, estate planning, investments, pre-immigration, security and confidentiality. Individuals going offshore generally fall in these categories:

1) High net worth individuals, which are the clients with disposable assets of about two million dollars.

2) Expatriates - generally individuals who are living away from their home countries, either on overseas contracts of employment or as retired persons.

3) Emigrants - individuals who have permanently moved from one country to another looking for a higher quality of life and/or business interests.

4) Business owners – relates mainly to proprietary businesses where the shares are held by family members.