An IBC or International Business Company is an offshore company engaged in international trade, but which is not registered in the countries where it operates. It practices in a tax haven, with a more flexible jurisdiction and an advantageous tax system.
You can recognise an offshore company by the following characteristics:
As the most popular choice with foreign investors, an IBC can operate anywhere, except in its country of origin. It includes several benefits, including tax, fees to implementation and operating costs.
In practice, the procedures for creating an IBC are more flexible in a tax haven. In addition, labor costs are more profitable, unlike those of the country of origin. An IBC company also provides protection of property retirement.
However, the IBC doesn't have the right to make a commercial transaction any with local companies. A foreign investor is also forbidden to purchase of real estate; need to rent them to operate.
To best optimise your offshore project, Offshore Society accompanies you and advise you in all your efforts. Get in touch with us and benefit from an offshore solution adapted to your expectations.
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