Offshore Company - Legitimate Uses of Offshore Companies

Legitimate Uses of Offshore Companies

  • International trading, especially where the owner has no fixed residence
  • Asset protection
  • Captive insurance
  • Yacht registration
  • Tax avoidance
  • Protection of intellectual property
  • Succession planning
  • Confidentiality (non-criminal)

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Famous quotes containing the words legitimate and/or companies:

    He will place a tax on the air you breathe and on the bread you eat; he will give you a legislation which is as legitimate as it is unjust and instead of reasons, he’ll give you laws. These will grow in the course of time, until you no longer exist for yourselves but for others.
    Franz Grillparzer (1791–1872)

    In the U.S. for instance, the value of a homemaker’s productive work has been imputed mostly when she was maimed or killed and insurance companies and/or the courts had to calculate the amount to pay her family in damages. Even at that, the rates were mostly pink collar and the big number was attributed to the husband’s pain and suffering.
    Gloria Steinem (20th century)