Day: 4 January 2023

Published 3 articles
Why Do Rich People Use Holding Companies?

Why Do Rich People Use Holding Companies?


A holding company is a valuable instrument that can be applied in different situations, and rich people often create this business structure to take advantage of its benefits. First of all, a holding company can be used to protect assets, and this is essential if you have wealth. The structure will also help you reduce the tax burden and safely invest in startups (you will not be liable with all your assets in this case, just with the amount invested). You can optimize your expenses, divide your inheritance between family members, and even become exempt from US property tax – read on to find out.

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Offshore Trust: Why You Should Create One and How You Can Do It

Offshore Trust: Why You Should Create One and How You Can Do It


When you create a trust, you legally surrender the property that you own to the trust. Because you are not the owner of the property any longer, there can be no legal grounds to take it away from you. At the same time, the Trust Deed specifies all the conditions on which the entrusted property shall be managed and you can continue to benefit from the property enjoying the high level of protection that the trust brings.

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What Business Types Are Least Likely to Fail in 2023?

What Business Types Are Least Likely to Fail in 2023?


Startup and business choices in 2023. Industries with the highest failure rate: administrative services, garbage removal, information industry, art, and entertainment. Successful business tips: vending machine business, laundromats, rentiers – residential and office real estate rentals, warehouse management, transport companies, agricultural enterprises, and dump truck services – business potential in facts and figures, failure rate included.

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