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Sunday, February 15, 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) came about so that business owners could be protected against being held liable for the actions and debts of a company. While domestic LLC's have been successful in limiting the amount of liability, Offshore LLC's make your assets virtually untouchable.

Both big businesses and small ones have struggled to find ways to protect their savings accounts, investments and other accumulated assets. International channels offer greater asset protection and are more competitively priced LLC's.

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.

When you decide that you need to protect your personal possessions from outrageous lawsuits and excessive claims it is time for offshore asset protection. Some professions carry much more liability than others. The following professions listed below are representative of the types of jobs that simply require an offshore LLC in order to save your assets from lawsuits. Furthermore, this list is not comprehensive and there are many different types of people who could benefit from the protection offered by an offshore LLC.

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.

An offshore service provider can provide you with more information on competitively priced LLC formation. There are many overseas countries that can provide you with the benefits of LLC protection. Contact a comprehensive offshore financial service provider that has selected jurisdictions that are stable, private, and that have low maintenance fees. It is also important to select a location that makes the process of incorporation easy and that offers tax reduction benefits.

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