"The world and its dog knows that the principal reasons for any business (that does not have a large local market) to incorporate in Liechtenstein, the Isle of Man, the Channel Islands, the Caymans, the BVI, the Netherlands Antilles (so that you can do a "Dutch Sandwich") or Delaware or indeed Belize are to avoid tax, to avoid disclosure, and to avoid regulations."

Is that all a failed solicitor can muster?? You would certainly be required to advise your clients to incorporate in such places if appropriate.