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An IBC or International Business Company, or as it is also known as an International Business Corporation, is basically an offshore company that is usually formed under the laws of some jurisdictions around the world as a tax-neutral company, which means that it is not taxed in the country of incorporation. It is also limited in the direct commercial activities it may carry out while operating in the context of the jurisdiction in which it is incorporated. https://www.confiduss.com/en/info/blog/article/ibc-jurisdictions/