What Offshore Country Is The Best to Form an IBC In?
There are many countries all over the world that are considered “offshore jurisdictions”. The question is not, “which is the best”, but “which is the best for a particular situation”. Several factors are important. First, the offshore countries under consideration must have strictly enforced privacy laws. Next, English must be the main language, the judicial system must be based on British Common Law, 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 Belize, The British Virgin Islands (BVI) and Nevis. Each of these jurisdictions forms 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 of the others. Therefore, price becomes the final criterion. Belize, Nevis and The BVI (in that order) are the most reasonably priced jurisdictions. It is thes
