German Business

Posted in News on March 20th, 2014

One of the most common terms relating to a potential offshore formation is the creation of an international business company (or abbreviated as offshore IBC). There is a variety of offshore jurisdictions that have legislation for the establishment and operation of an IBC. For example: Seychelles IBC Dominican Republic IBC Belize IBC Bahamas IBC General incentives of the international business company what exactly can the incentives of this international offshore company form for the German founders? Here are a few points in Overview: The IBC can act as a sensitive parent to an international holding optimal and confidential way for offshore investments can common company form to open an offshore bank account and exhibition/obtaining credit cards as the vehicle for the registration of yachts and ships are used for staff recruitment in the international division of other potential benefits of the IBC in the single ideal structure: there are no annual Audits. The figures of the IBC company are kept confidential, at their premises. There is usually not a disclosure obligation of the company books. The names of shareholders, managing directors and beneficiaries are not entered in public registers of business. The shareholders and stakeholders can reside in any place worldwide (if any are restrictions for citizens of the country of registration of the IBC).

Attitude of various accounts in various currencies is periodically possible. Global business (with the exception of the country of registration of the company) is possible. Board meetings can be held anywhere potential tax exemption. Even at high gains of your offshore IBC, it corresponds to just the essence of IBC, that the company is wholly or largely by the local tax exempt. What potential limitations in planning should be considered in addition to potential Limitations in the potential offshore country, should be considered when planning already in advance, that the business activities and transactions with local individuals regularly for an offshore IBC are not allowed. In addition, regular business activities in the area of the banking and insurance sectors are not allowed.

Under certain circumstances, depending on the location, a special approval process can be iterated through in this regard. The above versions are Outlook to be understood first, General guidance to the society form of the international business company. Individual statutory provisions, requirements, permits, etc. can vary widely depending on the offshore location and country of destination. A professional advice specifically based on your requirements, wishes and needs, is therefore in any case. We help you here. Also for questions regarding alternative forms of society. For more information see and in the blog company-in the foreign gruenden.

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