International Business Company Benefits & Formation

       The international business company (IBC) and the international business trust (IBT) are two of the most effective and affordable offshore business entities to use for operating an international business for the selling of goods and services across international borders anywhere in the world including in the USA, Canada, the United Kingdom, Germany, France, the Netherlands, Italy, Japan, Singapore, Hong Kong, China, Taiwan, India, Australia, New Zealand,  and elsewhere in the Caribbean, Central America, South America, Asia, Australia, New Zealand, Africa, the Middle East, and Europe.

       An international business company or international business trust is best organized and established in a low tax or no tax jurisdiction such as Belize, the Seychelles, Vanuatu, or another tax haven in which there is no income tax in that domiciliary nation on foreign-sourced business income and/or investment income. Most offshore havens have specific laws to facilitate the establishment of international business companies. In addition, several havens also have trust laws conducive to the establishment of international business trusts.

        The cost to establish either entity is about US$1,000.  Annual domiciliary services in the the tax haven would run from $250 to $750. In general, the privately-organized international business trust is less expensive in annual fees than the government-created international business company. The international business trust is also much more private and confidential as to its organizational and operational details.

       In establishing an international business company, you are making a legal entity that has been authorized by the asset haven entity to operate a business enterprise and do business or investment transactions anywhere in the world (except inside that haven’s own country’s geographical area, in which you may have an office, bank account, professional advisers, etc., but no business trading activities with local individuals and businesses except in direct support of your international business and its transactions).

       Your IBC is like having a legal foreign “person” whom you control. You can open a bank account in the name of your IBC in the IBC’s home nation or anywhere else in the world. Your international business company can receive income. Your international business corporation can operate a business.


        For help in establishing either an international business company, or an international business trust, you can hire the services of Certified Tax Consultant Phillip Fry. An initial consultation (including initial tax planning assistance to you) with Mr. Fry is US$500, payable in advance by FREE international bank wire (you subtract your bank's wire fee from your payment). To arrange your consultation, please email Phil, or phone him 63-906-510-4000 or 63-919-375-0302 (Philippines) 7 p.m. to 7 a.m. Eastern Time (Canada/USA time).  Also, please visit Offshore Consultant for more
contact information.

      
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