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Forming an offshore Company, offshore Bank, Trust
“In a global economy, the use of offshore centres plays a vital role in supporting a variety of corporate cross-border transactions, as well as facilitating the wealth preservation strategies of high net worth individuals”.
Our international corporate and trust services are built around this proposition.
Due to ever increasing government legislation (IN Most tax based countries) designed to erode personal and corporate wealth, proper use of offshore company and trust have become a necessity for the protection and insulation of income and capital. This is now in fact a necessary competitive edge for companies with international operations.
Forming an offshore Company, an offshore Bank, Trust, obtaining a second passport and preparing a "Will" are some of the instruments employed to achieve these objectives. Freedom from taxation and exchange controls are important reasons for the formation of an offshore company. A Trust is the single most sophisticated instrument for flexible tax, estate and financial planning. When established offshore, it provides most tax efficient distribution plan of wealth during and after the high net worth individuals (Settlor's) life time. Will is some what carefully thought formal commitment in writing with the witness, showing how one would like ones estate to be distributed after death.
All the above complex situation needs, requires, careful understanding and planning which our experts in AGN MAK are fully equipped with and ready to share with you.
The attractions of the British Virgin Islands as an offshore financial centre and the international Business Company can be summarized as:
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Exemption from all domestic taxation. |
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A modern Companies Act providing maximum flexibility. |
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Political and economic stability. |
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No foreign exchange controls |
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An established domestic banking system with proven international connections |
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Immediate company availability |
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Low annual fee |
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Highly popular |
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