There is a common misconception that having an offshore company means that you are doing something illegal.  The truth is that having an offshore company can benefit your business in a number of very legal ways.  If you are looking at offshore company formation, there are a number of tips that you need to know about.  These tips will ensure that the offshore company formation process works for you.

Expats do not have to be wealthy to switch their money to an offshore bank or building society.

The stigma of offshore comes from individuals trying to evade taxes by not reporting their earnings from offshore accounts.

You might be surprised by the level of sophistication and organization of today's bank thieves. Rather than holding up a branch, today's robbers use resources purchased on the dark web, the internet's underbelly, to hack accounts and drain them with fraudulent charges.

Here’s a guide through the world of offshore savings and a recommended approach to protecting your nest-egg against inflation.

1. Protect against inflation – The real return savers actually make from interest rates is the actual profit you are left with after taking the effects of the currency’s inflation into account. Inflation is the rise in prices for goods and services over a period of time – usually calculated annually. When weighing up a rate offer, deduct the known inflation percentage to find out how much you’ll actually end up. Advisers also tell savers to include the impact of tax when estimating a potential profit to ensure an accurate projection of likely returns.