Top Reasons For Moving An E-business OffshoreAside from the tax motivation, which is often the main reason why businesses move offshore, and which is detailed in the summary entitled: “A Main Reason to Move Offshore: Avoiding Tax,” there are several reasons why e-businesses might make the move. Some of these reasons are related to the secrecy of offshore banking system, and to the availability of asset protection schemes.
The following questions have been addressed in this article:Why might an offshore government sound attractive?
What about confidentiality?
Is it more difficult to sue in an offshore jurisdiction?
What about asset protection/liability avoidance?
What are other benefits of having assets offshore?