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Is doing business through an offshore IBC one of the best methods to reduce taxes for individuals/companies?

April 26, 2017best Business companies doing IBC individuals methods Offshore reduce taxes

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Is doing business through an offshore IBC one of the best methods to reduce taxes for individuals/companies?

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By operating your business through an offshore structure (offshore IBC) the company can defer profits almost indefinitely by using management contracts, insurance, loans, re-invoicing (more appropriate for international trading activities), factoring your debts, etc. For individuals, the use of offshore facilities would reduce income tax, capital gains tax, inheritance tax, etc. You can defer taxes as well as protect your assets from possible litigation. Do not hesitate to contact us in case you have not found the answer to your question!