London Offshore Consultant
As one of the world's leading financial centres many offshore consultants based in London deal with international clients where they may be engaged on a freelance basis to carry out a contract abroad.
In certain circumstances depending on the length of the contract, the amount of time required spent overseas and the likelihood of the renewal of contracts, offshore consultants based in London may have some justification to conduct some of their business affairs through an overseas or offshore company.
This especially if the client or partner requires a joint-venture and the project is of a long-term nature. Conducting business affairs through an offshore company has several benefits:
- ability to claim and account for international expenses
- the protection of a limited liability company where the usual share capital is £100 and claims from any creditors would be limited to this amount
- the flexibility to build the company into an international business where the location of your temporary or permanent residence would not have an impact on the ability for the company to carry out its business.