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Tips for hassle-free offshore IBC formation

Author: Paul Staple
by Paul Staple
Posted: Nov 28, 2016

Many investors are starting to invest offshore however it can be a challenging decision. When you are investing in foreign land, you will achieve many financial benefits and security for your assets and personal information. The benefits include currency diversification, asset protection, wealth management and enhanced privacy protection. Knowing which type of offshore company you should set up is important. Most of the offshore jurisdictions provide options of opening two types of accounts, one is IBC and the other is LLC. You may wish to take help of a consultant offering offshore IBC services and other types of merchant accounts. An IBC is an acronym for International Business Company and LLC stands for Limited Liability Company.

An IBC is a tax-neutral offshore company that is formed under the laws of jurisdiction. It provides complete confidentiality for the owner of the company. These company types are mainly used for offshore banking in order to carry global trade and investment activities. Some services IBCs are free to conduct are holding bank accounts, selling products and services, operating businesses offshore and ownership of intellectual property. You can get more knowledge about offshore IBC service by consulting an expert who provides offshore merchant accounts and assists businesses with offshore credit card processing if you wish to accept Credit cards for your business.

No doubt, offshore jurisdictions are tax havens that provide ample benefits to international investors. But still you need to be carefull while choosing any one of them for your IBC formation. Good offshore jurisdictions have many characteristics. One good characteristic is there is no obligation to present any annual financial statements or accounting records. Offshore banking is available without any hassle. There is no taxation in place for the offshore companies operating outside the offshore jurisdiction. Also, all the confidentiality of the offshore company is maintained and personal details are not disclosed under any circumstances accept for Fraud.

The process of IBC formation can take place in a modernized way. According to experts offering offshore IBC service, there are only a few rules to follow while opening this type of account. The offshore IBC service providers play a significant role in setting up an IBC. They provide enough resources to set up a company without any trouble. You will get various types of support from them such as registration of an IBC, offshore credit card processing services, legal help and more. You can seek their help if you want to set up an IBC in an offshore jurisdiction.

About the Author

Liberty Enterprises offers a wide array of offshore and US domestic credit card and Ach/E-check merchant solutions.For more visit www.confidentialbanking.com

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Author: Paul Staple

Paul Staple

Member since: Jul 18, 2016
Published articles: 53

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