Asset include bank accounts, investments,reatstate and more. Asset protection is the process by which one takes steps to prevent the risk of their personal and/or professional assets being accessed and seized by creditors and/or claimants.

Asset Protection strategies generally begin with an offshore bank account in a privacy oriented tax haven jurisdiction. Setting up the asset protection strategy in a jurisdiction with strong banking secrecy has got to be a cornerstone of the asset protection structure.Act-offshore offer a number of asset protection services ranging from simple and secure to complex and bulletproof.

A company may open account in Switzerland whether its registered office in Switzerland or in any other country. If the company’s registered office is in Switzerland then the company is identified with the relevant extract from the Swiss Commercial Register which the bank may download from the relevant website. The identity of legal entities not listed in the Swiss Commercial Register is verified on the basis of their charters or equivalent documents. The same principles basically apply to companies with their registered office abroad.