General Knowledge About Offshore Companies

There seem to be different types of offshore companies - which are the best?

Offshore companies simply have different names in different countries. The most popular name is IBC - International Business Company. Other names You may find are non-resident companies, exempt companies, or simply business companies, etc. Regardless of the name, all of those entities are corporate bodies or, in legal-speak, "juridical persons", with their tax benefits set forth by the actual laws of their registration country. Sometimes, as in case with the recently "renamed" BVI Business Company, the name popularly used will not exactly be the name You would find in the law. The most popular name for an offshore company is IBC - the International Business Company.