Investment Holding Companies
These may be used by corporations or individuals as a vehicle to hold investments such as shares, bonds, cash. In most offshore centres interest on cash is paid gross unlike most EU countries where there is a withholding tax and/or a requirement to declare savings.
Offshore life insurance and pensions may be held by the ‘investment holding company’ which may also include investment products and cash held in a number of different currencies. This may provide a private family vehicle for you which can also be useful for inheritance tax planning and the avoidance of inheritance tax in your home country. (specific advice should be sought dependant on your country of residence)
For further information, you can on this website supply us with some information about yourself by requesting a no-obligation, free tax-planning assessment .Or you can call us in the UK on +44 (0) 7 989 100 500 or Contact Us by e-mail.