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Friday, February 6, 2009

Getting Your Own Offshore LLC

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.

Overseas company incorporation can have numerous advantages. Jurisdictions across the nation compete in offering LLC packages. When selecting an offshore LLC provider, research the company in order to ensure that your assets will be secure.

If you want to protect your personal assets and possessions from lawsuits and claims offshore asset protection is your safest bet. There are many professional occupations that can leave you vulnerable to surreptitious claims that can bankrupt you. The following professions listed below are representative of the types of professionals that can not afford to continue working without offshore asset protection. However, there are also many other types of professionals that should contact an offshore LLC provider in order to see what type of protection that they can get.

If you belong to one of the following professions you should consider an offshore LLC: doctors, lawyers, pilots, accountants, veterinarians, consultants, and ship captains.

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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