WHAT ARE THE MAIN ADVANTAGES OF AN IBC?

There are many advantages to moving assets offshore, some of these are:

Asset Protection - To secure against future claims such as judgment, divorce proceedings, bankruptcy, creditors and litigation.

Estate Planning - Family and Protective Trusts for accumulation of investment income and long-term benefits for beneficiaries on a favourable tax basis (without inheritance, income, or capital gains taxes);

Confidentiality - From claimants, ex-spouse, competitors, and other parties from whom you wish to keep your business interests private; and

Reduction of Tax Liability - Through International Tax Planning - a foreign jurisdiction can offer unparalleled opportunities for reducing your tax liability.