Unlocking Global Business Success: How IBCF Supports High-Net-Worth Individuals and Family Offices
In an increasingly complex global business environment, high-net-worth individuals (HNWIs) and family offices require expert guidance to navigate entity formation, compliance, and corporate governance. International Business Company Formation, Inc. (IBCF) is a trusted partner, providing tailored solutions that streamline operations, ensure compliance, and protect wealth.
The New Texas Business Court: A Challenge to Delaware’s Corporate Dominance?
For decades, Delaware has held the undisputed crown as the premier jurisdiction for business incorporations in the United States. With its well-developed corporate laws, business-friendly court system, and specialized Court of Chancery, Delaware has attracted corporations both domestically and internationally. However, Texas is now positioning itself as…
EU Council adopts new rules for withholding tax procedures (FASTER)
The Council of the EU announced the adoption of the FASTER Directive, which aims to make withholding tax procedures in the EU “safer and more efficient for cross-border investors, national tax authorities and financial intermediaries, such as banks or investment platforms”. The Directive must now…
New Pennsylvania Annual Report Filing Requirement: What You Need to Know
If you conduct business in Pennsylvania, it’s time to take note of the state’s newly implemented annual report filing requirement. Starting January 6, 2025, the Pennsylvania Department of State mandates that certain entity types file an annual report to maintain compliance and good standing. Here’s a breakdown of everything you…
UAE revises treatment of Unincorporated Partnerships, Foreign Partnerships and Family Foundations
The UAE Ministry of Finance published Ministerial Decision No. 261 of 2024 on Unincorporated Partnerships, Foreign Partnerships and Family Foundations for the purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses and its amendments. It repeals Ministerial Decision No…
UK Overseas Territories commit to implement Accessible Registers of Beneficial Ownership
The Joint Ministerial Council (JMC) of the UK Overseas Territories meeting in London committed to completing plans to implement Accessible Registers of Beneficial Ownership, with some territories implementing registers with legitimate interest access and others implementing fully publicly accessible registers. Ahead of the meeting, a…
IBCF 2025 Holiday Office Schedule and Closures
At IBCF, we value our clients and are committed to keeping you informed. Please note the following dates our Office will operate during the 2025 Holidays: Upcoming Office Holiday Hours MLK Day- Monday, January 20th, 2025- Open from 9amEST-5pmEST Presidents Day- Monday, February 17th, 2025- Open from 9amEST-5pmESt Good Friday-…
Simplify Compliance with Managed Annual Report Filings
Annual report filings are a critical requirement for maintaining good standing with state and international jurisdictions. Missing deadlines or submitting incorrect information can lead to penalties, loss of good standing, or even administrative dissolution of an entity. That’s where Managed Annual Report Filings come in—a comprehensive solution that takes…
What are USVI Exempted Corporations and LLC’s? Understanding the structures
The U.S. Virgin Islands (USVI) offers a unique and attractive business environment for entities operating primarily outside its borders. Among the most sought-after structures are Exempted Corporations and Exempted Limited Liability Companies (LLCs). These business entities provide strategic benefits, including favorable tax treatment, operational flexibility, and…
Puerto Rico Annual Reports
Annual reports are a critical compliance requirement for both Domestic and Foreign LLCs and Corporations operating in Puerto Rico. Ensuring your entity remains in good standing requires careful attention to deadlines, accurate filings, and proper documentation. Here, we explore the specifics of Puerto Rico’s annual reporting…