How an offshore company offers legal protection?
Having assets in an individual’s name can quickly be discovered through simple records searches. Forming offshore companies and titling assets to the company, means they are no longer tied to your name. Therefore your assets can be shielded from legal opponents, judges and court rulings simply by incorporating offshore. If a legal opponent is pursing suit, this typically involves an asset search to make sure there will be a return should a judgment be awarded. Although a company in the home jurisdiction offers the “separate entity” protection, the protection may often be pierced by the court of the jurisdiction.