International Tax Planning
Offshore Companies
Offshore companies can play a very important role in offshore trusts, and international group structuring. For individuals who are not UK Domiciled, such companies can provide an effective taxation shelter.
Offshore Trusts
Offshore trusts perform a vital function in the planning process for individuals. They provide flexibility to individuals who are not domiciled in the United Kingdom.
No tax planners armoury can be said to be complete unless it incorporates offshore trusts. Whilst their role in taxation planning in the United Kingdom has gradually diminished, they continue nonetheless to offer a facility not readily available in other jurisdictions.
Whilst offshore trusts are often tainted with the taxation planning brush they do offer other benefits too. They may provide an added benefit as an asset protection mechanism and are also used more frequently as a vehicle for asset transmission.
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