Rent offices and acquire real estate as necessary for the companys activities offshore companies in lebanon are authorized to conduct any form of legal business apart from insurance banking and financial institutions operations. International business companies ibcs the international business companies act of 1990 created a special category of belize offshore company known as an international business company ibc the law was enacted to permit asset protection and tax minimization planning at competitive rates. Offshore company incorporation or forming a company in a different country than you reside is the same process as filing domestic legal entities the articles of incorporation are drafted according to legal statute. Macau mna the macau sar government has proposed the abolishment of a current offshore law in order to comply with organisation for economic co operation and development oecd standards regarding the treatment of offshore firms under macau sar law
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