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Sunday, February 15, 2009

Offshore Bank Accounts

By Justin Lisk

Offshore LLC's can offer you much greater asset protection than what is available here in the U.S. Offshore banking service providers can give you significantly greater financial freedom and asset protection than what is offered here in our country. Offshore LLC's are more affordable than domestic ones and they will provide you with much more protection for all of your valuable assets.

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.

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 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.

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 also consider an offshore LLC. They can also be advantageous to both small and large business owners, and anyone else who is looking to guard their personal investments.

While there are many overseas countries that offer offshore LLC's it is important to compare prices and to make sure that these companies are reputable. Get in touch with an offshore financial service provider for more information of the benefits of offshore LLC protection. They can help to put you in contact with a select group of jurisdictions that are stable, private, and that have the lowest maintenance fees. It is also important to select a location that makes the process of incorporation simple and that offers tax reduction benefits.

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