25
08
2007
Using an IBC to Own International Real Estates
Posted by: Eric Hundin in , Estates, Wills, Trusts, Career Information, Blog CarnivalIBC or the International Business Corporation is another name for an offshore company that has been formed under various laws and is supposed to be a tax free company. IBCs cannot do business in the same jurisdiction in which it was formed. There are various offshore jurisdictions, who have allowed formation of IBCs and these include Anguilla, British Virgin Islands, Bahamas, Antigua, Nevis and Gibraltar. Having an IBC has its own advantages although these vary according to the (more…)
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