Selected offshore domiciles are superficially viewed by some as havens used by to conceal or protect illegally acquired money from law enforcement in the investor's country. Although this may be the case, legitimate investors represent the largest majority of the offshore community.

It puts them into a position whereby they can take advantage of higher rates of return or lower rates of tax on that return offered by operating via such domiciles. The advantage to this is that such operations are both legal and less costly than the solutions offered in the investor's country - or "Onshore".

Locations favoured by investors for low rates of tax are known as “Offshore Financial Centres2 or (sometimes) tax havens.
Offshore solutions are accessible to anyone who can meet the minimum investment amount or pay the obligatory fees required to open such an entity.

Tax is the driving force behind “Offshore” activity.

Due to offshore solutions investors are able to conduct investment activities in a profitable fashion. Often, taxes levied by an investor's home country are critical to the profitability of any given investment.

Using offshore domiciled special purpose vehicles an investor may reduce this burden allowing the investor to achieve greater profitability overall.

Another reason why “Offshore” investment is superior to “Onshore” investment is because it is less regulated, and the behavior of the offshore investment provider, whether he is a banker, fund manager, trustee or stock-broker, is freer than it could be in a more regulated environment.

	An offshore company or corporation is the same as any other company in that it is an entity recognised by law as a separate "entity" with limited liability. As such the company has the option to sell shares, the right to sue and be sued, and has perpetual existence. An IBC (International Business Company) used to be the most popular type of offshore corporation for asset protection and privacy purposes. Although things have progressed considerably and offshore incorporators can offer equal protection in a vast array of alternative jurisdictions. Apart from the traditional offshore centres, many “Onshore” jurisdictions have corporate structures that are attractive to international users

Shelf companies are ready-made, never-used corporations that have been established to meet a client's immediate needs, although in the interests of security and protection, we always advise clients to incorporate a brand new company.

	Offshore companies can usually be set up within two working days provided the client submits all required information and documentation. Bank accounts in Europe may take as long as three weeks, however, if an account in Europe is required urgently, this can be achieved.
	Company formation fees, recurring annual fees, and administration costs vary from jurisdiction to jurisdiction, and by the incorporation agent providing the services.

Most offshore jurisdictions are free from foreign exchange controls and have introduced company legislation to cater for a diverse range of international business requirements. It is important to select a jurisdiction that is well-suited to your specific corporate and personal needs. A reputable incorporation agent would advise you.

	Whilst confidentiality is respected, incorporation agents are required to carry out a thorough due diligence of both clients' identities and the nature of their business. Clients must disclose the reason for setting up an offshore entity and the type of business the offshore entity is likely to conduct. A reputable agent will monitor and ensure that the activities of the offshore entity do not breach any international regulations, this formal approach to due diligence benefits all parties.

The incorporation agent should provide such services, undertaking a client's company administration in accordance with corporate requirements. In addition, they should arrange accounting, audit and legal services, provide local management and assist clients in obtaining a license from the regulatory authorities.

You first need to speak to an incorporation agent / consultant, giving them a brief overview of what you require, things inevitable will progress from there.

If you would like our assistance in recommending an I.B.A. Preferred Incorporation Agent, simply complete the contact for below, and we will gladly pass on your contact details.

"Always ensure the company you do business with is an I.B.A. Member"

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