International Business Corporations
An International Business Corporation (IBC) is a legal entity organized for the
purpose of managing cross-border investment or business activity. Offshore
companies are used to provide efficient operation of international operations,
conduct offshore banking, manage investments, protect assets, and legally
mitigate taxes of active businesses. International
corporations are often formed in low tax jurisdictions which allows those
actively deriving income from international operations to retain a reasonable
amount of earnings tax free prior to distribution as dividends.
International business structuring is a complicated and specialized area of the
law. Factors that must be considered include, but are not limited to, type of
entity, choice of jurisdiction, tax elections, ownership structure, and nature
of company operations. Chris Rusch has the legal experience and expertise to
appropriately advise clients seeking to navigate this complex web of
interrelated considerations. The Law Office of Chris Rusch provides corporate
formation services in a number of countries. I can advise you on which
jurisdictions have been proven over time to maximize privacy and provide an
efficient business environment.
Below are the most common countries to incorporate an international business.
Note that this list is not all inclusive. Ultimately, the ideal jurisdiction
choice depends on each individual client's unique circumstances.
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Switzerland remains the best location for an active business with major banking or financial service needs. | |
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Hong Kong has recently returned to prominence as the gateway to China | |
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Cayman Islands and Bahamas are the countries of choice for anyone setting up operations which will be transparent to the U.S. Government. Just about every US publicly traded company with offshore branches or divisions is set up on these islands. | |
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Nevis in the Eastern Caribbean provides complete privacy and is the least costly jurisdiction in which to incorporate. | |
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Belize on the southern tip of Mexico competes with Nevis on privacy and as an entry point to Mexico | |
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Cook Islands in the Pacific Ocean near Fiji and New Zealand, which is the most common jurisdiction for offshore trusts |