Offshore Company Formation
Establishing International Business Company (IBC) is a modern trend for many enthusiastic businessmen for the purpose of growing their business globally. IBC is the most appropriate vehicle for wide range of trading, investment, asset protection activities. An Offshore International Business Company is a medium chosen by many businessmen or professionals to buy properties abroad along with efficient working of tax and investing reasons.
Offshore Company or International Business Company
An International Business Company also known as "Offshore Company" is a corporation or limited liability company that has been formed outside your country. IBC stands for ‘International Business Company’ or ‘International Business Corporation’ which is also termed as 'Non-Resident Company’.
An offshore company rarely conducts business in its country of origin. Generally offshore company is the one, which is incorporated in a country where taxation is lower and reporting restrictions are more flexible than the country in which you reside. Selecting a country for offshore company formation needs right advice and consultation.
An offshore company is a legal entity registered under the laws of a particular country or jurisdiction, conducting its business outside the country or jurisdiction in which it is registered. An offshore company can also be registered as an International Business Company (IBC) and usually serves as an instrument for international tax planning. Offshore Company Consultants provide comprehensive range of offshore services for International Company Registration. The IBC consultants provide hassle free offshore services for company formation in a very short span.
Need for Offshore Company
There are various reasons for forming International Business Company. A properly established IBC will give the owner financial confidentiality. The International Business Company is a globally recognized form of doing business.
More and more businessmen are going for Offshore Companies to attain various features and to gain optimum business advantages. Limited risk is a key factor responsible for smooth running of a business organization, and unlimited life-span leads to transforming it into an international company. This is mostly used for holding, private investment capital securely offshore, in a country which is absolutely tax-free.
Why go offshore?
Businessmen or Individual go offshore for various business activities and purposes:
Offshore Company can
Procedure to Setup an Offshore Company or IBC
To setup an offshore company, you need to hire a consultant or a company which provides offshore company registration services. An Offshore consultant provides simple and quick services for the formation of an offshore company.
In the process of forming an International Business Company, you need to
Offshore Company Formation – Setup Cost
The cost for establishing Offshore Company differs from country to country. Costing for the formation of a company is decided considering various factors:
To make the process transparent and easy to navigate, you need to clear all the terms and procedure required related to cost and other essential formalities.
A general offshore company’s incorporation fee includes Post incorporation structure fee, Initial license fee, disbursements, annual statutory fee, annual compliance fee and annual license fee. The fee structures also vary from time to time and country to country.
It is therefore important to make yourselves acquainted with each and every process before making a decision on where to invest offshore.
A responsible offshore company gives you an appropriate advice to save your valuable money, time and most importantly, in deciding a suitable location for offshore company formation.