Wednesday, January 16, 2013

Tax Haven (offshore jurisdiction) & IBC (international Business Corporation)

A Tax Haven (also known as an "offshore jurisdiction" is a country with following unique features:

a) The country does not levy taxes on corporate income, personal income, interest income, capital gains, etc. any individual or corporate considering to setup IBC, which will enable to open a bank account, making Joint investments, forming a trust and foundation, will not consequence any taxes because of the tax haven country further there will be no requirements to file financial reports or tax returns in the jurisdiction where IBC was setup.b) The country has laws, knows as "confidentiality & Privacy laws” that prohibit banks, financial institutions and registered agents from giving out any information pertaining concerning the beneficiary owner, Corporate or Individual.

Advantages;
  • Own Intellectual property (Trade Marks, Logo) by IBC.
  • Best solution for joint investments.
  • Secure assets/Property whereby there are partnerships or local sponsors are involved.
  • Invoice international clients as broker by switching the Bill of lading and don’t let your   Supplier and buyer to become direct with each other.
  • Choose the applicable laws as per convenience.
  • Corporate Bank Accounts