Offshore companies are subject to zero or low rates of tax on their income and gains. The benefits and uses of offshore companies are extremely wide and include:

	Mitigating taxation
	Asset holding/protection (e.g. Aircraft & Yachts)
	Investment holdings
	Property holdings
	Professional services and consultancy
	International trading and e-commerce
	Shipping
	Maintain privacy
	Joint ventures
	Group holding companies
	Separate legal identity
	Confidentiality through the use of nominees
	Easy transfer of ownership
	Limited liability for shareholders