Reduction of Tax Liability - legally reduce your taxes.

Asset Protection - To secure against future claims such as judgment, divorce proceedings, bankruptcy, creditors and litigation.

Confidentiality - From claimants, ex-spouse, competitors, and other parties from whom you wish to keep your business interests private.

e-Commerce - Shifting business to an International Business centre relaxes restrictions and regulations.

Entrepreneurs - Businesses who start off in a low tax jurisdiction can receive strategic benefits. Low tax jurisdictions offer entrepreneur’s enhanced investment returns, access to global markets, better after-tax profits, and improved risk mitigation. An IBC vehicle can own corporate assets without exposing the entrepreneur’s personal assets - this also reduces business risk. As well, if an entrepreneur structures his or her new venture in a low tax jurisdiction, it will survive the life of the original entrepreneur and simplify the succession process.

Executives - Executives can use low tax jurisdictions for various aspects of their corporate agendas. They can also help them restructure their compensation and stock programs so as to take advantage of reduced tax, asset protection, and access to global markets.

Consultants - Individuals can elect to become an independent contractor with nearly all employers, including many Government positions. This would stop most source deductions, and free up the tax planning to allow many business expenses that employees are not entitled to. It also allows contracting with an IBC to increase work-related expenses, and send the profits overseas.

Entertainers, Public Speakers and Authors - If entertainers, public speakers and authors properly structure an offshore corporation to receive their contracts, they can reduce tax they would otherwise owe. The offshore corporation earns income, and the entertainer or author is compensated for services rendered to that company.

Athletes - Athletes can use the benefits of an international business centre in the same way entertainers, speakers and authors can. By properly arranging personal and compensation contracts with an offshore corporation, athletes can reduce the amount of tax they would otherwise owe onshore. Since the offshore corporation earns the income, the athlete is compensated for services rendered to that company.

Owners of Intellectual Property - By assigning intellectual property rights and innovation rights to an offshore corporation, inventors, engineers, and designers can ensure revenue and royalties are received through an offshore corporation (as the owner of such rights) rather than have these revenues come to them personally. This reduces their personal tax obligation and protects their assets. Also, the intellectual property can remain offshore indefinitely, surviving the life of the original inventor. The inventor can easily specify the succession of what would otherwise have been his or her intellectual property rights.

Medical Practitioners and Other Professionals - Contracts for professional services often use offshore vehicles. Medical practitioners and other professionals use this technique to effectively restructure how their income is generated and realised, which reduces the personal tax they owe. Offshore vehicles also protect personal assets from professional business risks and malpractice claims.

Individuals with Inherited Wealth - Individuals who inherit wealth can use offshore structures to reduce their inheritance taxes by converting the inheritance money in low- to no-tax jurisdictions instead of high-tax jurisdictions. They can also restructure the income their inherited portfolio generates so as to protect their assets and so that the income compounds tax free. If you structure your pre-inheritance wealth, it will simplify the succession process. Offshore structures can introduce you to a whole new world of investment opportunities with superior tax advantages.

Stamp duty - Avoid paying stamp duty. If an IBC owns a property and sells it the actual property is not being sold anymore but the shares of the company, thus avoiding stamp duty.