For whom the offshore company is not suitable

An Offshore company is obviously not suitable for every person, whether entrepreneurs or non-entrepreneurs.

For the owner, there are usually two main purposes for the foundation of an offshore company:

  • anonymity of ownership and associated asset protection
  • tax optimization and reduction of the tax burden

For whom is an offshore company unsuitable for the purpose of  anonymity of property

The use of offshore companies because of the anonymity of property is universal and is suitable for almost everyone. Most often, in this case the offshore companies are used as the parent company of domestic companies and so allow covering the final owner of the local companies.

Generally speaking, the offshore company established for the purpose of hiding ownership is not suitable for clients who are suspected of money laundering, because of the international cooperation in this area, in which many offshore countries are also involved.

Tax optimization through offshore companies is not an appropriate solution for EU residents and therefore we do not provide services related to tax optimization.

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