International investments for high net worth private clients are frequently held through an offshore company, typically an International Business Company (“IBC”).
Active business companies often require combinations of different corporate forms such as the following:
- Regular Barbados Domestic Company (RBC)
- Domestic and/or International Society with Restricted Liability (SRL)
- Domestic and/or International Segregated Cell Company (SCC)
- Offshore Bank & Trust Company (OBTC)
- Exempt Insurance Company (EIC)
- Qualifying Insurance Company (QIC)
Such corporations enjoy all the advantages normally associated with corporate entities; i.e., legal existence separate from shareholders, transferability of share ownership and limited liability for shareholders.