Incorporating Offshore

The process of incorporation of a business into a limited liability company offers a number of attractive advantages. These advantages, coupled with specific incentives offered by certain International Business and Offshore Centres, can form the basis for the design and implementation of an effective international tax strategy.

A company, once incorporated, is a distinct legal entity, separate from its proprietor, shareholders or directors. The separate legal entity effectively limits the liability of the shareholder to the invested capital. The creditors of the business look to the assets of the company for payment rather than the assets of the persons who invested in the company.