Offshore companies are often ideal vehicles for holding global assets of all kinds due to strong laws in the jurisdiction of formation around protection of assets held by the company.  Placing assets into offshore companies and legal structures can offer a strong layer of protection from future liabilities. Some of the wealthiest and most legally shielded individuals in the world will say one thing “Own nothing, control everything.” By having bank accounts and other assets owned by your entity make them difficult to find through a professional asset search.