The reason for the misuse of IBCs, also known as offshore companies, lies in their anonymity.

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Because of the strong anonymity an offshore company can provide, if it is setup correctly, it is often misused for money laundering and other activities, which violate the tax regulations in most countries. Almost everyone knows than an offshore company can be used to protect your assets and can also be used as a vehicle [...]


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[Safa]

Thank you for sharing this publication, always interesting reading from you guys.

 

Have anybody used them?
Prices are really high, no licence, even no registration!
Any ideas? Scammers?

That's what they promise:

 

Unfortunately your post is missing a bit. What do they promise? How high are the prices?

 

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The services they describe are regulated and require a license, and there is no information about who they are and what licenses they have.

So it's either an outright scam or it's someone marketing other products in a very dishonest way. Either case, I'd stay away from this operation.  Toggle signatureThis is the probably the answer to your question.

 

In conversation via Skype they confirmed, that they neither have licence, nor registration.

 

It's nice of them to be so open about their services being illegal.

I would imagine that their service work fine for a couple of weeks, maybe even a few months, and then they vanish with your money and all the KYC/identity documents they have obtained from you and your client.

Avoid.  Toggle signatureThis is the probably the answer to your question.