IBC COMPANY FORMATION
The world has moved on, we are now living in an age of global transparency. In this new age, the greatest need is to understand what the new rules are and how they affect you and what you can do to minimize any impact on your situation. Good Housekeeping prevents accidents.
For as little as €950 per year you can utilize the benefits of an International Business Company (IBC) for your own personal or company needs.
IBC is an offshore company formed as a tax neutral legal entity. IBCs are most commonly used for offshore banking to conduct international trade, investment activities, as a special purpose entity, by professionals and for asset protection.
Offshore companies can be involved in buying and selling goods and services, hold bank accounts and operate businesses. IBCs are also commonly used for the ownership of real property and land; for ownership of intellectual property, licensing and franchising; personal service by individuals working overseas and offshore e-business among other things.
IBC Services can include:
- registered office services
- registered agent services
- secretarial services
- nominee director services
- nominee shareholder services
TRNC OFFSHORE COMPANY FORMATION
Similar benefits to an IBC, a TRNC Offshore Company are of particular appeal to Turkish citizens or businesses looking to establish formation in the Turkish Republic of Northern Cyprus.
Contact us today to find out more about our range of IBC & TRNC Company Formation Services.
TRUSTS & WILLS
A common question we receive from clients is “what is the difference between a trust and a will? And which one should I have?” Many people assume that trusts are for wealthy individuals, however the benefits they can offer to people with minimal wealth can be significant.
In 2018 people regardless of their financial status should consider the use of trusts in estate planning. Trusts have tax saving benefits and offer the opportunity to gain greater control of how your wealth is distributed upon death. Trusts are confidential and will remain confidential, whereas wills are public knowledge and can be legally challenged upon death.
Trusts are also of benefit to those who have complicated lives and family ties. If you leave a will, any family member can access the financial information pertained and legally challenge any financial settlement. If you leave a trust, distribution of trust assets must be within the terms of the trust and cannot be legally challenged. Also details of your trust will remain private and confidential and not for public notice.
If you would like to find out more information about making better Estate Planning provisions, please contact Astute: