"The 'offshore' world is clearly under attack.
... The reality, however, is that there are almost infinite compilant uses of both offshore financial centres and offshore companies.
... The use of 'offshore' companies is something that is part of the planning toolbox and for many will continue to be a key component of their corporate and personal investment and business structures.
... Professor Siemens has succeeded in his efforts to provide a modern approach to a review of offshore company law".
Philip Marc Ovici, Partner, Baker & McKenzie, Zurich
Periodic updates and commentaries by Prof. Siemens to the OCL book may be obtained online by subscription at www.offshorecompanylaw.com and e-mail alerts as to the website postings will be provided by the publishers.
Professor Siemens' book will be a handy source of information for those working in both the onshore and offshore world and who need to really understand the differences between jurisdictions competing in the provision of offshore companies. Through his coverage of the specifics in each country, including corporate legislation, issues relevant to stakeholders, tax and related matters, Professor Siemens has provided an up-to-date book of real importance to the users of offshore companies and their advisers.
Professor Siemens has also provided a good overview of the different forms of companies that are available which forms can, of course, be of extreme importance in determining the right type and location of offshore company to be established. His analysis includes protected cell companies, companies limited by guarantee as well as hybrid entities, all three of which are contained in the "modern" planning toolbox.
The important ares of corporate governance is reviewed together with issues relevant to the question of directors' liability and directors' and officers' liability insurance and how it operates.
Foreword by Philip Marcovici.