There are two main purposes. The first is tax reduction, avoidance or deferral. The second is asset protection and confidentiality. Both reasons stand apart. Some offshore companies actually do not pursue any tax-reduction purpose at all, but mostly serve as a protective shell for some part of the assets of the owner. More often, though, both reasons complement each other. For more information, please see our Offshore Knowledge Base section.
Important Update
Belize Office Closed
Fidelity Overseas Limited has ceased doing business in Belize. We no longer offer company/trust formation and management services in Belize. We have surrendered our registered agent licenses in Belize.