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Offshore company formation - Privacy, profits & prestige. In the computer age, more than ever, many people are concerned about litigious attorneys, employers/employees, ex-spouses, ex-business partners, big brother and others invading their privacy. Would you like to have accounts with total confidentiality from the above intruders? Would you like to have the option of investing in high-yielding mutual funds and other strategies offshore that aren't available at home? Would you like to give yourself the prestige and credibility of being the founder or officer of your own international company? Would you like to expand your business and offer your products or services to a worldwide marketplace, while at the same time, maintaining your confidentiality?

An international business company (also called "offshore company") is a corporation or limited liability company that has been formed outside of your country of residence. One is well advised to choose the country of incorporation wisely.

An IBC that has been established properly will give the owner financial confidentiality. If one has an offshore account in ones own name, the name of the account holder is easy to trace. Let's say that the offshore bank mails bank account statements to the accountholder. If another party intercepts those statements, the owner of the account may be subject to personal scrutiny. However, if the account is in the name of a corporation and those papers are intercepted, there is not a direct personal tie to the signer on the account. Moreover, many offshore jurisdictions have strong laws protecting the account signer from being revealed to any outside party.

So, there are a multitude of reasons for having your own offshore companies. The above include just a few of the many advantages. Many people who have offshore corporations have several companies. Having more than one company allows funds to be transferred between companies that are free from government reporting. There is usually a significant reduction in paperwork because there may be no requirements by the government to report transfers of money between one foreign account and another.

Experience has taught that you can skirt the law of the land and lose, or you can make it work for you and win. That is why we heartily recommend that you seek the counsel of the appropriate professional to make absolutely certain you are on the right track. Learn how to make the system work for you and be a winner!