FAQs

• Protection of assets through limitation of liability
• Ownership separation
• Potential tax mitigation
• Ease of doing business
• Estate planning

Yes, depending on the jurisdiction. Many of our offshore jurisdictions allow for foreign directors of companies. Please note that this makes the individual entity subject to worldwide taxation depending on the citizenship of the individual.

With increased regulations in the offshore world, there is a real shift in where we do business. One such reason is the ease of access to high-tech banking facilities in the United States as this is unmatched anywhere else in the world. While it can take up to six months to open a business bank account in Europe, or in the offshore world, this can be achieved in mere days in the United States.

Due to its economic climate, Puerto Rico offers a tax solution to United States taxpayers that isn’t offered anywhere else on the planet. Acts 20 and 22 provide drastic tax mitigation if your business needs qualify. Core Finance is able to assist you through the application process and have your business up and running through a Puerto Rican entity.

No, but it is always recommended and we can provide these services if the due diligence is provided each year.

Typically, within 24 hours, in most jurisdictions.