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Using your IBC |
In order for you to get the maximum benefit out of an IBC, it is paramount that you manage it indirectly, through others. If you assume any legal powers for it, you can seriously hamper your own ability to get the maximum benefits from using it. However, you can certainly work as a free-lance agent or consultant for it. As long as you abstain from taking charge of formal management, including acting as signatory for bank accounts... | |
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With an IBC, you can conduct your business in
complete privacy:
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You might want to make yourself a Director of your IBC - maybe
its only Director, if the country you establish your IBC in will
allow sole Directors. However, for the ultimate protection of
yourself and your loved ones, you are better off hiring other
people to perform the duties of Directors for your IBC, in your
best interest. This way, you can arrange business deals for your
IBC without ever signing your own name to any dotted line....
Other than this, you operate your IBC through Letters of Wish to your Trust - and you arrange the business deals you want to engage the IBC in as its independent agent. This opens several doors you might want to check out also, so you "don't leave any advantages on the table":
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Be aware that no International set-up with an IBC behind your current business will free your business from any obligations in regards to sales tax and property tax. You need to pay those on behalf of your business, as always. You also have to obtain all the usual licenses and permits you need for conducting the kind of business you want. Your IBC does not make you an "outlaw"... ************************************* |
When you feel you understand how you can benefit
in a completely
legal way from doing business internationally,
you can
proceed with:
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"What you need for setting up an IBC" |