Corporate Formation and Management
The establishment of an International Business Company (IBC) within The Bahamas or other select jurisdictions allows the client to operate many aspects of a business or personal transactions with ease and confidentiality,with the additional benefit of any appropriate tax planning. These companies can help manage and maximize income, thus providing fiscal advantages as well, while still under the effective control of the beneficial owner.
Under the management of Montaque Corporate Partners, Ltd. an IBC can:
- provide shelter and confidentiality for assets and investment portfolios.
- enjoy maximum growth in the absence or minimization of tax on income or capital gains.
- transfer valuable ownership rights, including copyrights and royalties on patents, thus reducing some rates of withholding, death or transfer taxes.
- accumulate increased profits over time which can be reinvested or used as working capital.
- provide operational freedom by not requiring the need for the company to specify the nature or purpose of its business in its incorporation documents.
- eliminate onerous regulatory requirements such as filing annual returns or financial statements, and holding annual general meetings of shareholders or directors.
- take advantage of full exemption in certain cases from taxation in The Bahamas.
- engage in any lawful business in any country and carry out transactions in any currency.
- hold its books, records and minutes in any place or country at the directors' discretion.
- hold meetings of shareholders and/or directors in any country, by proxy, or by electronic means.
The IBC can also be constructed to meet the client’s particular business or family requirements by functioning as an international trading company, a self-controlled quasi-trust, a holding company for other entities, investments, assets or real estate, or to facilitate tax-efficient sale/lease-back arrangements for private or corporate assets such as offices, private aircrafts, and yachts.