Offshore Holding Company
Offshore Holding Company is organized in a foreign country which controls one or more affiliate companies and which manages, administers or services its affiliate companies usually located outside the country in which the parent company is incorporated.
A Offshore Holding Company can protect you from any losses in case that your trading or investment companies get into a hurricane of troubles or simply just need to be liquidated or stop their business, if that should happen which we don’t wish you ever will be experiencing then it is most often too late to setup any offshore holding company to rescue the last bit of assets you may have left.
To setting up a offshore holding company isn’t any difficult, all you will need to do is to establish the Holding company before you register the trading or investment company, of course it is possible to establish a offshore holding company after you have registered the trading / investment company but most often this transaction involves some tax that have to be paid in your home country.
However, once you have established your Offshore Holding company which needs to be registered and formed in an Offshore Jurisdiction like the Seychelles, Belize, BVI or Cyprus then the share of the new trading / investment company will have to be owned by the Holding Company, if you don’t do business yet then it is a simple task otherwise if you already have a established company you will need to transfer the shares (ALL SHARES) to the Offshore Holding company in order to get the structure in the correct place.
If something should go wrong in your trading company or investment company, and you will be forced to stop all activities but still owe people or business partners money normally you won’t be able to “clean” the company from the good assets, but while you have a Offshore Holding company you can easily move all the “good assets” to the Holding Company and liquidate or strike off the bad company.
Holding Company: using holding company can have several objectives. A holding company can be established and used to hold the shares of subsidiaries located in high tax countries. Also, when a person owns assets or property in a territory which is not his domicile, then he can protect his assets against inheritance tax and higher rates of taxation by placing them in an offshore investment company. Offshore holding company may be used to hold the title of the property, thus diminishing those difficulties and expenses associated with investment in overseas property.
Act-offshore provides Offshore Holding company in the most important jurisdictions in the world. Act-offshore comprehensive range of offshore company related services provide solutions to clients looking to minimize taxes, protect assets and limit liabilities.
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