There is still time to set up a captive insurance company and pay tax deductible premiums in 2015.
We have received word from several U.S. captive domiciles that they will accept applications into early December and work overtime to finalize captive formation and licensing in 2015. Because captive domiciles compete with one another, many go the extra mile to help business owners enjoy the benefits of owning their own insurance company.
If you are considering forming a captive insurance company in 2015, it’s not too late. However, the window is closing quickly, so, reach out to us ASAP!