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<span class=headline>Offshore
structures in international tax and <br>legal planning </span><br>
<br><br>
<span class=para1>Offshore structures and other tax efficient vehicles have
long been used by international tax and legal advisors taking advantage of low or
nil tax jurisdictions, providing tax-saving opportunities for wealthy
individuals and encouraging international trade and business. </span><br>
<br>
<span class=body>The use of a suitable vehicle is the key to a successful
offshore structure, and the design of such structures often depends on issues
relating to specific anti-avoidance rules and constantly changing international
tax regulations. <br>
<br>Here at Ancroft we work closely with international tax and
legal advisors who specialise in local tax law and can advise clients on
specifics relating to their country. <br>
<br>Having an offshore company in itself
does not relieve its owners from all personal tax liabilities in their country
of residence. However, by taking specific advice, offshore companies can reduce, defer
or completely eliminate <br>some of the tax burden that would otherwise be payable <br>by the
business. </span>
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