As typing in to Google "Barbados offshore" found most results in a "bank" added to the previous quote, I can certainly say that Barbados is mostly used for offshore banking. Barbados is the 51st richest country in the world looking at the GDP per capita. With a very well developed and mixed economic system.
Showing posts with label Barbados. Show all posts
Showing posts with label Barbados. Show all posts
Friday, 30 May 2014
Tuesday, 13 May 2014
International business company
International business company is a type of an offshore company that is formed under a law of a specific jurisdiction as a company that is not allowed to engage in business in the country of incorporation and is untaxed.
Only on couple of these countries I have information in my blog. So there are a couple of upcoming articles needed to be written about the new countries in the previously mentioned list.
IBC usually are recognized for:
- Complete local tax evasion, as long as it's not engaged in business in the country of incorporation, the annual reports may still have to be filled and the yearly agents and registration fees may still have to be paid.
- Confidentiality - preserving the company owners personal data.
- Wide range of business - The scope of the range may depend on the country in witch the company is incorporated.
Most know for and usually incorporated IBC are in these countries:
- Barbados
- Anguilla
- Bahamas
- Belize
- Brunei
- Dominica
- Marshall Islands
- Seychelles
- Saint Vincent
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