Offshore Incorporation Services

An offshore company or international business company (IBC) is a legal entity incorporated in a tax haven which is free from all local taxes (except small fixed annual fees). Although IBCs are primarily used for tax saving purposes and for asset protection, IBCs are widely used to conduct international trade and investment activities.

Offshore companies can be involved in buying and selling goods and services, holding bank accounts and operating businesses though they are prohibited from conducting business in the country of incorporation. IBCs are also commonly used for the ownership of real property and intellectual property.

The advantages of using an offshore holding company for the purpose of holding property include the avoidance of inheritance tax, capital gains tax and the ease of sale which can be achieved by transferring the property owned by the company and reduction of property purchase costs to the onward purchasers as well as selling costs for the vendor. The IBC may be used in many other ways to save on taxes.

For professional offshore incorporation service needs please click on the AXIS Financial Services Ltd. logo below to route to the Axis Financial Services Ltd. website.