Why Do We Suggest Using US Companies and Trusts?
The USA:
- has advanced pro-business corporate statutes and regulations,
- has a dynamic economy,
- has a spirit of rugged individualism, and
- offers Privacy and advanced Asset Protection.
When considering whether or not to form a company, one of the most important decisions
is "where" to form it. The USA is pro Business. Americans pride themselves on a reputation of "rugged
individualism" and do not believe that the government should get involved
in things more than is necessary. Businesses face a much lower level of regulation than in other
countries. Annual reporting requirements
for companies are minimal. Most importantly, the USA has an attitude
that is open to new ideas and change, and is open to outsiders.
US laws and business climate also promote Privacy and Asset Protection.
Another perhaps
more subtle issue has to do with environment and atmosphere; and perhaps
a certain amount of philosophy. When trying to obtain privacy there
are only two real options: invisibility and camouflage. Invisibility, such
as when you attempt to obtain total anonymity, poses real problems. Imagine
you saw a car driving down the street, but the driver was invisible. You
would be more likely to remember that particular vehicle BECAUSE of the invisibility
of the driver. Invisibility such as this may not be appropriate since it
tends to attract attention. Camouflage on the other hand is a natural process.
It is the method that most creatures use to survive: blending in with their
surroundings. In the USA it is easy to obtain privacy through "corporate
camouflage" due to the large number of companies in existence, the many and
varied businesses that trade in the USA, the exposure to international trade
and cultures, and the numerous business transactions that take place daily.
There is nothing wrong with obtaining such privacy. It simply
involves establishing your business interests in such a way that draws little
or no attention to yourself, and avoids unnecessary disclosure of private
information to parties that have no legitimate right to the information.