All Posts in "Month: February 2020"

International Company Formation and Common Characteristics of International Business Companies

An international business company or international business corporation (IBC) can be regarded as an offshore company that has been formed under the laws of specific jurisdictions as a tax-free company which does not have the permission to take part in business within the jurisdiction it is incorporated.

The characteristics of International Business Company do change from jurisdiction to jurisdiction. However, some common characteristics of International Business Companies are:

 The International Business Companies are exempted from local corporate taxation and stamp duty, with the condition that, it should not engage in your regional business. However, the fees for the annual agent and registration taxes aren’t included in the exemption. They help in preserving the confidentiality from the beneficial owner The International Business Companies have corporate powers to engage in different businesses and activities The International Companies can issue shares. That may be either in the registered or bearer form. They have … Read More ...

Michael Cutler by — February 22, 2020 in Freelance Jobs
International Business: Going Global in Today’s Economy

Going global and going for a business international has numerous advantages and drawbacks. Everything that is certainly involved should be thought about and discussed before this type of expansion is sought.

Some Parts Of Communication Need Considering When Business Is Being Done Internationally

Not only do people from different countries speak several languages, but there are also always cultural differences that need to be looked at. In some locations, the act of touching another person in any way is forbidden and might be taken just as one insult for the natives of the nation. Certain content that is acceptable and complimentary inside the US is not in most other countries, even if the phrase has been said inside appropriate language.

Hiring People From The Local

If an organization is likely to perform permanent expansion into another country, they ought to attempt to hire people from that location to handle their … Read More ...

Michael Cutler by — February 7, 2020 in Career