Cyprus International Business Companies
Formerly known as “Cyprus Offshore Companies”
What is a Cyprus International Business Company (IBC)
In simple terms, an international business (offshore) company is a normal limited liability company which is used as a tool, legally, by corporations and individuals through out the world to direct profits out of high tax countries into offshore jurisdictions or international financial centers thus taking advantage of low or zero tax and double tax treaties. The beneficial ownership and business activities of the international (offshore) enterprise in general lie outside the country of its registration.
Many incentives to go international
The owner of an international enterprise is expected to enjoy the following advantages through the operation of his company:
Significant Tax Savings
Low or zero taxation
Reduced operating costs
Protection of personal wealth
Reduce red-tape significantly
Confidentiality of personal identity
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