What is an IBC (International Business Company or International Business Corporation)?
An IBC is a legal entity incorporated in a tax haven which is free from all local taxes and cannot conduct any business activity in the country of the incorporation. Offshore, in its broadest sense of the term, means simply a jurisdiction other than your own. Offshore companies are most commonly used for offshore banking to conduct international trade, investment activities or for assets protection. Offshore companies are also used for the ownership of real property and land, for ownership of…See More
