When people think about assets protection the first thing that pops into their mind is protecting their money. Many think that it is relatively difficult to do so and in the end they find that it is often times easier than doing so onshore. The base to all asset protection structures is offshore company formation as it is the tool which will create the first level of protection as well as the initial barrier between the beneficial owner and the rest of the world. By placing an offshore company as the holder and owner of funds held in an offshore account, the true beneficial owner is not related nor can he or she be easily traced back to the company if the company has been properly established. There are many jurisdictions in which tout an alleged offshore status but there are few that can live up to the role. Some of the best offshore jurisdictions are Belize for Belize Company formation and the Seychelles for Seychelles incorporation. These companies offer bearer shares to be issued as well as non disclosure of the directors in the IBC registry. This allows for relatively secure and private status of companies registered in these jurisdictions as well as the overall flexibility of the business types that can be performed with the aforementioned companies.
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