HOW TO USE AN OFFSHORE CORPORATION?
IBC can act in many ways, for example it can:
- Open a bank account, make deposits and transact globally.
- Manage offshore investments such as term deposits, bonds, stocks, mutual funds, CDs, guarantee obligations, etc.
- Provide consulting, management, or professional services, hire employees (and you).
- Own a Corporate credit card, and allow you to cover your legitimate expenses using it.
Although most offshore corporations are private and closely held, some are publicly traded on major stock exchanges.