International Business Companies - IBCs

When people think about offshore Companies the first thought that comes to mind is 'tax avoidance' however, the reality is somewhat different. Offshore Companies are used today for a variety of different reasons. Clients that may be Bankrupt in their home country are not considered Bankrupt in another.

An offshore Company can be of benefit to clients who may want to keep their business affairs confidential from current or previous business partners or maybe an ex spouse.

Offshore Companies are not illegal. It is a simple matter to pay tax on your offshore earnings and keep the confidentiality. Many clients have difficulty opening business accounts on shore. In the UK for instance the UK Banks are very fussy about the type of client they will award an account to. We receive many phone calls every week from people who say ‘I just want a simple account. I don"t need loans or overdrafts’. Frankly, it makes no difference to the on shore Banks attitude. In fact, usually quite the opposite as they are unable to make any money out of such customers.

We can open an offshore private or business account offshore in a matter of days. No credit score is required and no Bank reference is required. The attitude of the offshore Banks we deal with is refreshing to say the least. You are judged on how you run the account, not your past record. We are happy to provide advice on this subject so feel free to contact us to discuss your requirements.