Asset Protection with an offshore company, how is that possible?

[bizman]

You should always have your licenses, trademarks, copyrights, assets and so on, separated from your trading company, never have everything in one company! This also applies for Onshore companies, you will want to split your business into several companies in order to protect your properties.

[tax-haven]

according to the forum owners it may be a good idea to have a holding structure, I see a new article they published and also found some infromative information on their website, Asset Protection Offshore | offshore-company-formation the fees are just to high for me... would love to know if it is possible to do this cheaper.

[jpay]

With all respect to the forum owners then they have specialized to setup complex structures establishing a Holding company to have several companies below the holding tree would be too costly and unnecessary for the simple business a offshore company in a protected jurisdiction will give one Cheap at half the price same protection.

[power]

Not sure why one will need a Holding company in top of a regular trading offshore company, can someone help me to understand the meaning of a Holding company ?

[drillbill]

In matters of asset protection a Holding company is a key instrument, alternatives are Trusts or Foundations most often established in Tax havens like Panama, Seychelles Trust Formation | Seychelles Trust | Foundation | Offshore Trust (found this link), BVI and Mauritius, actually I'm not aware of what possibilities you may find in countries like Cyprus or Malta which have the possibilities to set up Trusts and Foundations as well.

While it is more complicated but still possible to establish a Trust or Foundation than many start with a Holding company which act as share holder in the trading company and as well it the beneficial owner.
We have done this successfully to be prepared for our more risky businesses.

[Admin]

Actually it is not difficult to setup a Private Interest Foundation (PIF) in the Seychelles also it is less expansive, depnding on the services one requires it can be as little as EUR 1.500

However, the activities which a PIF can undertake are somewhat limited. It is designed as an asset holding entity not as a trading entity. It cannot undertake any activity that would require a separate license in Seychelles/. Please read the act attached which regulates what a Foundation can and can't do. See in particular section 7 in the Privat Interest Foundation Act

[Admin]

We have just launched a new publication about the Private Interest Foundation in the Seychelles which in a combination with a Seychelles Trust can offer a perfect Asset Protection as well Privacy protection, the important to note is the structuring of a PIF (Private Interest Foundation) and the Trust.

Learn more - ESTABLISHING AN INTERNATIONAL IBC/PIF STRUCTURE for TAX and Asset Protection! - Blogs - Offshore Company Forum

[jpay]

This is really some interesting setup, I have been in touch with the Guys and the way they will structure your Trust in a combination with a foundation makes it 99.9% bullet proof, the negative aspect is we will need a big budget about 12k for the setup, we are serios considering this solution now and already now see a lot of new business oportunities once we are ready to move we will post our new business proposals here.

[Safa]

Jpay can you elaborate on what exactly this is about? I wonder what you figured out that can provide asset protection, privacy and save tax and that for 12k (EUR/USD ??) it must be something difficult or complex for this amount because I can get a foundation in Panama for a few thousands.

[Admin]

You can't compare Panama with a Seychelles Foundation, they are too different, I highly recommend you to have a look at the many publications published on this forums blog...

Download our free e-book here which as well explains some ways to protect your assets and privacy:
Are you ready to learn how an offshore company could explode your profits,reduce tax? - Blogs - Offshore Company Forum

ESTABLISHING AN INTERNATIONAL IBC/PIF STRUCTURE for TAX and Asset Protection!

ESTABLISHING AN INTERNATIONAL IBC/PIF STRUCTURE for TAX and Asset Protection! - Blogs - Offshore Company Forum

Seychelles International Trust for Tax and Asset Management- learn how to setup!

Seychelles International Trust for Tax and Asset Management- learn how to setup! - Blogs - Offshore Company Forum

I hope the above links can help you to figure out how you can accomplish a rock solid Offshore structure for your needs, otherwise feel free to contact one of our consultancies directly.

[orangeye]

megamath this is one giant and amazing thread you got started here, more than 161k views seems you stumbled into nest of bee's

[Admin]

Second that, however, the demand for asset protection and offshore companies has never been higher then now.

[ilona]

I can imagine that this demand has been stronger since 2008

[Admin]

Indeed, actually after the financial crises and now with the trouble in Greece more people than ever looking for alternative business opportunities. So the Seychelles is one of the places next to Cyprus, Belize and the BVI.

[dwilson]

Hi Clemens

Have you considered the option of a vista trust in the BVI?