Offshore Company Incorporation (IBC)
An International Business Corporation (IBC) or offshore company is commonly set up in a tax haven like the British Virgin Islands (BVI), Marshall Islands or Seychelles.
BVI does not ask for taxes on corporate or personal income, as well as on capital gains, gifts, death or wealth.
There are no exchange controls, and minimum red tape in there too.
Find out the benefits of setting up an IBC in our guide on why you should incorporate an offshore company.