The offshore industry has grown significantly from a relatively small industry many years ago. It had been perceived as the privilege of only multinationals and high net worth individuals. Offshore jurisdictions were considered as money laundering centers or centers with unregulated economic activity. However, it is estimated that over 50% of world economic activity flows through or is even held offshore. Companies or individuals should consider highly recognized international centers with a legal investment and tax efficient infrastructure in place in order to provide a secure and well regulated tax environment.If you are looking for an offshore solution to your tax or immigration planning problems and you are worried about protecting your assets, then you've come to the right place. An offshore company is the same as any other corporate entity in that it can sell shares, sue or be sued. An offshore company or International business company (IBC) is popular in that it can do business worldwide and can have the following advantages:
Structure and scope of IBC's - the most widely used form of offshore enterprise is that of a private company limited by shares. This of course does not imply that there are any restrictions in the formation of offshore partnerships, branches, representative offices. The scope of business activities can vary:
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