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Why an offshore company?
Offshore companies are incorporated for a wide variety of legitimate use: to own residential, investment, and commercial property; to own patents and trademarks; to own shares in "onshore" operating and holding companies; to acquire portfolio investments or to acquire assets where confidentiality of ownership is required. Our offshore locations in the UK, The British Virgin Islands, Cyprus, Hong Kong and Seychelles reflect the importance and popularity of these territories as offshore corporate domiciles.
If you want advice on the best jurisdiction for your company formation or initial guidance on your case, you can speak to one of our experts. One of our Corporate & Trust Planning Consultants will be in touch with you shortly to give you all the information you need.
Offshore companies are often used as holding companies because of their ability to hold assets, and realise income and gains from such assets in a tax neutral environment.
Advice should be sought from a professional tax advisor in the country where the property is situated before incorporating an offshore company to acquire residential, investment or commercial property.