| Financial Holding Company By forming a holding company in an offshore location that offers a favorable income and corporate taxation climate, and where dividends are not required, many financially astute international companies and entrepreneurs are able to accumulate and grow their profits offshore where they are undisturbed by taxation. In this manner, such companies or individuals are able to arrange for maximal growth financing, or other operations financing, from their own carefully managed offshore financial resources, which have not been reduced through taxation. |