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English Version/Version Française    ICD / England / Tax Haven /

International Financial Service Centers (IFSC)

We define the term « international financial service centres” a business location possessing elements of the following four characteristics:

  • Business is transacted mainly with non-residents.
  • Financial regulation and corporate legislation are designed to attract international business.
  • Confidentiality in financial affairs is paramount.
  • Advantageous tax regimes are deliberately managed.

The principal motivations behind the demand for International Financial services and International Tax Planning from both individuals and corporations are:

  • Tax minimisation.
  • Asset protection.
  • Risk Management.
  • Cost reduction.
  • Confidentiality.
  • Asset enhancement.
  • Escape from bureaucracy and over regulation.

With global instability, currency fluctuations and political uncertainties set to continue, our clients’ needs will not be only to minimise their global tax exposure, but also to protect their asset and investments in safe heavens. Risk management has become an important motivation for using International Financial Services Centres as International Tax Planning.