Today's international business leaders register IBCs mainly because this legal structure provides a way to conduct business on a global scale while legally avoiding wealth taxes and unnecessary paperwork - in addition to offshore bank accounts or the purchase of non-reportable assets such as offshore gold and gold. . overseas real estate or productive, high-yield farmland in less politically and economically powerful countries using cryptocurrencies. Some people think low tax rates are the future. https://www.confiduss.com/en/info/blog/article/black-listed-offshores/