Written by London Global Solutions ltd    Saturday, 01 November 2008 12:23    PDF Print E-mail
Businessman looking for asset protection against potential liabilities
 

This company is used for asset management and property holding. These properties can be immoveable ones such as a house, apartment, yacht, ship etc and moveable ones such as shares, bonds, rights, etc
The company is exempted from taxation and is in a jurisdiction where there is no capital gains tax. It is a limited liability company, as its name implies. Ownership is confidential. Sale of a property for example, can only mean the sale of the company, which automatically avoids the element of transfer tax in the country where the property is situated.

 
Last Updated ( Tuesday, 02 December 2008 09:53 )
 

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