Should This Company Be Offshore?

Why a company should look to establish an offshore presence.

At some point in a company's life cycle may surface the curiosity of whether the company, its subsidiary or any of its assets should be offshore. The truth is many companies that can potentially benefit from an offshore presence fail to grasp the opportunity, which is perhaps due to not appreciating the benefits available. Here we discuss why a company might consider moving or establishing an offshore presence.

For all of the reasons discussed below, a Cayman Islands company may be used to establish an offshore presence. The Cayman Islands is a British Overseas Territory, and is considered a stable, trusted and secure offshore jurisdiction by international parties. Its legal system is based on British common law, and the Privy Council in England is the final court of appeal from the Cayman Islands courts.