What is the best tax haven to form an IBC ?
There are many countries all over the world that are considered as “tax havens”. These jurisdictions generally have no taxes (on foreigners) and strict privacy laws. The question is not, “which is the best”, but “which is the best for your situation”. For Europeans, Americans and Canadians, several factors are important. First, the tax havens under consideration must not have taxes of any kind and strictly enforced privacy laws. Next, English must be the main language, the judicial system must be based on British Common Law, and the country must have a long history of political stability and must be completely independent from one’s home country. This narrows the field down to a very few including Dominica and Seychelles. All Offshore jurisdictions form completely private IBC’s that are authorized to do business worldwide (except in the country of incorporation). An IBC formed in one country is just as private and functional as an IBC formed in any other country. Therefore, the Cost of
