Overview
Asset protection planning can be considered as a set of legal techniques whose ultimate goal is to protect your assets, or those of your corporate entities (companies), from potential harm.
We could be talking about future lawsuits, potential creditors’ claims, divorce, etc. By making an asset protection plan, you can deter a lawsuit and help prevent a potential seizure of your assets.
Using a variety of legal techniques that provide a range of protective features, LCC is able to assist its clients and use the Lebanese legal system in their best interests — with the incorporation of the appropriate corporate bodies along with the banking secrecy in Lebanon.
What a plan covers
The setup of this plan can range from implementing legal entities and vehicles, thus forming a convenient structure depending on the client’s needs and requests, and could possibly involve the setup of a business structure or family estate planning.
With the right plan implemented, an individual’s and a business’s lifetime accumulated wealth, savings, real property, investments and even future income can be protected.
The benefits of the asset protection plan are not limited to the security that the plan guarantees over the assets: clients can also benefit from the financial and banking privacy available in Lebanon, as Lebanon has the most powerful banking secrecy implemented by law in the world.
Why Lebanon
Moreover, the legal entities which can be set up in Lebanon, whether onshore or offshore companies, give clients the protection they require.
A Lebanese offshore company with a bank account can be a very efficient structure on numerous levels.
Indeed, Lebanon provides investors with protective laws, a flexible legal system and foreign investor-friendly laws, which make it a favourable offshore jurisdiction for investment.
LCC provides these services along with others such as domiciliation (virtual offices) and nominee services, offering a full business solution to its clients.
Our approach
LCC is committed to offering a personalised approach to its clients. We take our clients by the hand and guide them, informing and educating them on all of the available options so that confident decisions are made throughout the process.