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July 2012 Blog Posts (2)

5 factors to be considered to select a location for a financial shared service center (FSSC)

The factor personnel (both: quality and quantity) is even more important today than a few years ago. Corporations tend to locate their shared services operations in the locations where they have an access to the pool of high-qualified specialists at an optimal cost level.

According to one of the newest PwC study Financial shared service center on the…

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Added by Magdalena Szarafin on July 30, 2012 at 4:47am — No Comments

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…

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Added by Denisa Pricop on July 16, 2012 at 10:00pm — No Comments

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