Know Your Customer (KYC) process

Know Your Customer (KYC) process Financial Institutions usually perform KYC processes before opening customer accounts. KYC stands for Know Your Customer. It is a mandatory procedure that helps banks, insurance companies and other financial institutions verify...

International Business Company: Why Incorporate an IBC?

The full name of the IBC, International Business Corporation or Offshore Company. In most jurisdictions, the IBCs get to enjoy preferred treatment of tax. To maintain an IBC, the local government of the offshore jurisdiction only charges a reasonable annual renewal...