Offshore Companies in a Changing World: Still Relevant?
For decades, the allure of offshore company formation in “classic” offshore jurisdictions like the British Virgin Islands (BVI), Cayman Islands, and Panama has been strong. The promise of tax optimization, asset protection, and enhanced confidentiality drew individuals and businesses seeking to manage their wealth and structure their operations. However, the landscape has shifted dramatically in recent years due to increased international scrutiny and regulatory pressure.
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