7 Advantages Of Cayman Islands Corporations

Scgibc04 Apr, 2023Other

British Virgin Island company register is a process of incorporating a business in a foreign country. This process has become popular in recent years, and there are several advantages of offshore company formation. Another advantage of Cayman Islands corporations is asset protection. Many offshore jurisdictions have strict privacy laws that protect the assets of offshore companies. This means that if someone sues your company, your assets will be protected from seizure. This can be particularly beneficial for people who operate in industries that are at risk of being sued, such as healthcare or construction.