What is an IBC?
•An IBC (international Business company) is a legal entity owned by foreigners, registered in Cyprus but having operations and deriving it’s income outside Cyprus.
•An IBC can have a Cyprus office in order to manage operations.
•If the Shareholder is an EU resident then the IBC can conduct operations in Cyprus.
•The Beneficial Owner remains anonymous for carrying out operations making of investments.
•A significant proportion of Cyprus IBC’s are used as Holding Companies