IBC

What is an IBC? Well basically an IBC allows you to buy property and protect assets from UK government taxation by way of an International Business Company. This is also linked to a CIBC- Cyprus International Business Company.

It is important to make the distinction here that this process is very well established, 100% legal and ethical way of mitigating tax liability. In reality we in the UK pay 80% tax in every pound when you add up the various ways we are taxed on everyday things. Stop overpaying your tax now. Sort out your affairs and be set for life.

How Does It Work?

Please flick through our ebook below for more in depth details of how the system works. Here is a quick reference guide;

An IBC is set up on your behalf, fully working with bank accounts in a matter of days. The IBC creates a limited company structure which can separate you from your tax liability by placing the company in between.

The company assets become 'shares. The shares are allocated to the company shareholders - you & any associates / family members.

You're assigned a bank account with credit cards etc and internet banking, allowing you to move around cash, pay bills etc as per  usual.

You can extract money via the cards /pin. You are the sole signatory.

The IBC can be managed for you with all accounting included. The Company then files yearly accounts - not you personally.

The company can be held and registered in Cyprus ( or other durisdictions), but your accounts can be elsewhere. This protects your cash and assets by placing a wall between you and any tax searches. You qualify as non UK tax resident:- managed and controlled outside the UK.

The company can obtain the income and profits. CIBC is subject to 10% tax- BUT- you can claim for almost any receipt as an expense thereby lessening your tax liability.

You can carry losses forward year on year until paid off.