Although bearer shares are still commonly used in offshore jurisdictions,
Switzerland is unique in that it continues offering bearer share ownership for
Swiss trust companies without the credibility questions that typically surround
offshore entities in other popular destinations. Or, to put it another way, where
investors would think twice before entrusting their assets with a Panamanian
offshore bearer share company, a Swiss trust suffers from no such
disadvantage, and remains as credible an entity as ever in the eyes of
prospective investors and business partners. More importantly, Switzerland has
remained true to its tradition of valuing individual privacy, meaning that it has
imposed relatively few oversight provisions for the control of bearer share ownership and distribution. As a result, despite the tumultuous history of bearer
shares as a concept, they are still an effective tool of owning and operating a
Swiss entity, and of ensuring the perfect anonymity of the principals.
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