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Wednesday, February 25, 2009

Save Money with an Offshore Bank Account

By Justin Lisk

If you are considering LLC protection, offshore LLC's will provide you much greater asset protection than what is available here domestically. You will find a number of jurisdictions that offer competitively priced offshore asset protection available through an offshore banking service. The additional protection provided by offshore LLC's will allow you to sleep soundly at night.

Limited Liability Companies (LLC's) protect business owners by providing them with limited liability for the actions of and debts of the company. Offshore LLC's can guard your personal finances and assets and make them virtually impossible to seize.

Professionals and small business owners throughout the country have been forced to find new ways to protect their accounts, investments and other accumulated assets. Domestic LLC's do not offer the same amount of protection that can be achieved through international outlets, and they are more expensive as well.

Purchasing your company incorporation from overseas can have many benefits. LLC packages are available from many different jurisdictions that are competing for your business. Before committing to an offshore LLC provider, research the company so that you can rest assured that your assets are in good hands.

Offshore asset protection can be a valuable way in which to protect yourself and your personal possessions from frivolous lawsuits and extravagant claims. In order to provide you with a better idea of just who might benefit the most from offshore asset protection, please see the list below. This list is no way inclusive of all of the types of people that make good candidates for offshore asset protection. Please contact an offshore service provider to discuss whether or not forming an offshore LLC can be helpful to you.

If you happen to be a doctor, lawyer, pilot, accountant, veterinarian, consultant, or a ship captain you cannot afford to go another day without the protection of an offshore LLC.

Also, if you possess a large amount of assets, are a high profile individual or a high risk professionals, or if you are planning on getting a divorce, you should immediately look into offshore asset protection. This type of coverage can be valuable to both small and big business owners and anyone else who desires to protect their personal investments.

Offshore service providers can direct you towards many overseas countries and areas that offer competitively priced offshore LLC formation. An all-inclusive offshore financial service provider selects specific jurisdictions because of their stability, privacy laws, low maintenance fees, ease of incorporation as well as tax reduction benefits.

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