Blog - International tax planning - International Tax Lawyer - International Tax Planning for Crypto Investors

21 commonly used ASSET PROTECTION TOOLS

21 commonly used ASSET PROTECTION TOOLS

International asset protection tools are legal structures or instruments that are used to protect assets from creditors, lawsuits, and other potential threats. These tools can be used by individuals, businesses, and organizations to safeguard their assets and ensure that they are available for the intended purposes. Some of the most commonly used international asset protection tools include trusts, limited liability companies, international business corporations, and offshore foundations. These tools are often used in conjunction with domestic asset protection tools, such as trusts and corporations, to provide an additional layer of protection.

International asset protection tools are particularly useful for those who have assets in multiple jurisdictions, as they can be used to take advantage of the favorable laws and regulations of different countries. For example, an offshore trust may be established in a jurisdiction with strong confidentiality provisions to protect assets from being disclosed to creditors or other third parties. Similarly, an international business corporation may be used to take advantage of favorable tax laws in a particular jurisdiction.

There are many factors to consider when choosing the right international asset protection tool, including the nature and location of the assets, the potential risks and liabilities, and the individual's or organization's specific goals and needs.

Here are 21 commonly used asset protection tools

  1. Cook Islands trust: This type of trust is governed by the laws of the Cook Islands, which are known for their favorable trust laws and strong confidentiality provisions.
  2. Jersey foundations: Foundations in Jersey are legal entities that can be used for a variety of purposes, including asset protection. They offer a high degree of flexibility and are known for their strong asset protection features.

  3. Panama foundations: Panama foundations are similar to Jersey foundations in that they are legal entities that can be used for a variety of purposes, including asset protection. They offer a high degree of flexibility and are known for their strong asset protection features.

  4. Swiss annuities: Swiss annuities are insurance contracts that provide a fixed or variable income stream in exchange for a lump sum payment. They can be used as an asset protection tool because the income stream is protected from creditors.

  5. Seychelles International Business Company (IBC): The Seychelles IBC is a popular choice for international business owners because it offers a high degree of confidentiality and strong asset protection features.

  6. Belize International Business Company (IBC): The Belize IBC is similar to the Seychelles IBC in that it offers strong asset protection and confidentiality features. It is a popular choice for international business owners.

  7. Gibraltar foundations: Gibraltar foundations are legal entities that can be used for a variety of purposes, including asset protection. They offer a high degree of flexibility and are known for their strong asset protection features.

  1. Cyprus International Trust: The Cyprus International Trust is a legal entity that can be used for a variety of purposes, including asset protection. It offers strong asset protection features and is known for its favorable tax treatment of trusts.

  2. Liechtenstein foundations: Foundations in Liechtenstein are legal entities that can be used for a variety of purposes, including asset protection. They offer a high degree of flexibility and are known for their strong asset protection features.

  3. Luxembourg foundations: Foundations in Luxembourg are legal entities that can be used for a variety of purposes, including asset protection. They offer a high degree of flexibility and are known for their strong asset protection features.

  4. Virgin Islands trust: The Virgin Islands trust is governed by the laws of the British Virgin Islands, which are known for their favorable trust laws and strong confidentiality provisions. It is a popular choice for those seeking asset protection.

  1. Cayman Islands trust: The Cayman Islands trust is governed by the laws of the Cayman Islands, which are known for their favorable trust laws and strong confidentiality provisions. It is a popular choice for those seeking asset protection.

  2. Hong Kong trust: The Hong Kong trust is governed by the laws of Hong Kong, which are known for their favorable trust laws and strong confidentiality provisions. It is a popular choice for those seeking asset protection.

  3. Singapore trust: The Singapore trust is governed by the laws of Singapore, which are known for their favorable trust laws and strong confidentiality provisions. It is a popular choice for those seeking asset protection.

  4. Isle of Man trust: The Isle of Man trust is governed by the laws of the Isle of Man, which are known for their favorable trust laws and strong confidentiality provisions. It is a popular choice for those seeking asset protection.

  1. Bahamas trust: The Bahamas trust is governed by the laws of the Bahamas, which are known for their favorable trust laws and strong confidentiality provisions. It is a popular choice for those seeking asset protection.

  2. BVI trust: The BVI trust is governed by the laws of the British Virgin Islands, which are known for their favorable trust laws and strong confidentiality provisions. It is a popular choice for those seeking asset protection.

  3. Malta trust: The Malta trust is governed by the laws of Malta, which are known for their favorable trust laws and strong confidentiality provisions. It is a popular choice for those seeking asset protection.

  4. Gibraltar trust: The Gibraltar trust is governed by the laws of Gibraltar, which are known for their favorable trust laws and strong confidentiality provisions. It is a popular choice for those seeking asset protection.

  5. Jersey trust: The Jersey trust is governed by the laws of Jersey, which are known for their favorable trust laws and strong confidentiality provisions. It is a popular choice for those seeking asset protection.

  1. Delaware trust: The Delaware trust is governed by the laws of Delaware, which are known for their favorable trust laws and strong confidentiality provisions. It is a popular choice for those seeking asset protection in the United States.
If it is your first time, here are some examples of the results our tax lawyers can help you achieve:

international tax optimization, to cut down your taxes (even to zero)

- analyze your specific situation and your business situation to help you choose the best country/countries for your specific needs, which guarantees you both tax savings and everything you wish for;

protect your assetsmaking them "untouchable";

become an international / global entrepreneur, able to use all world regulations and tax advantages to your benefit;

- making you profit using tax havens;

- acquire multiple residences;

- acquire new passports;

Check our main page now and contact us https://yourinternationaltaxlawyers.net

Information

All images are for demonstration purpose only. You will get the demo images with the QuickStart pack.

Also, all the demo images are collected from Unsplash. If you want to use those, you may need to provide necessary credits. Please visit Unsplash for details.