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IBN Offshore

BVI Offshore Company (IBC)
The law on the British Virgin Islands is familiar to most lawyers who deal with offshore matters, like IBN Offshore.
Flexible legislation allows the operation of the company to be almost totally dependent on the requirements of the client
A BVI only takes three business days to incorporate and they are exempt from all taxes.

A wide-range of applications are possible, including: investment, property holding, financial management, trading and copyrighting and/or licensing. Unlike many other jurisdictions, there are no public disclosure requirements, nor any minimum capitalization regulations, nor any prohibitive license fees pertaining to trust and trustee companies for application in private-label trust company, unit and mutual fund situations like it is necessary e.g. for the PCC of Mauritius.

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FSB
FSB Licence

iquad
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IBN Network

Investec Private Bank
O'Driscoll's Irish Pub & Restaurant
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News Highlight
19th Jan 2012

Interest Rate remains unchanged!

The South African Reserve Bank left its repo rate unchanged at 5.5% on Thursday as expected, with concerns about a slowing economy off-setting the pressures from inflation, which is likely to stay outside its target band for longer than previously expected.

At its first policy meeting of 2012, the bank raised its inflation forecast, saying it expected inflation to be outside its 3-6% target range throughout 2012, with the recent depreciation of the rand being the main ...[MORE]

>> IBN News-Archive

Exchange Rates

EUR: 10.03
USD: 7.62
GBP: 12.05
CHF: 8.32
AUD: 8.14
Click a graph to view the detailed version.
Rates are compliment of the ECB and will be updated once a day on weekdays only.

Date & Weather

Date: 04.02.2012
Time: 18:16

Capetown:

Temp.: 29 °C / 84 °F
Wind: S / 13 kn
Sunrise: 05:43
Sunset: 20:15

Johannesburg:

Temp.: 19 °C / 66 °F
Wind: VRB / 3 kn
Sunrise: 05:19
Sunset: 19:22
IBN News (26th Jun 2009): Interest Rates remain unchanged

News-Archive


Interest Rates remain unchanged - 26th Jun 2009

In a surprise decision the Monetary Committee of the South African Reserve Bank has announced yesterday to leave the prime lending rate in South Africa unchanged. The reason for this decision that sent shockwaves through the business society and private households alike lies in the inflation rate that receeds too slow. The May figures show only a reduction of the inflation rate from 8.4% down to 8.0% and thus still far away from the corridor of between 3% and 6%. The eyes will be focussed on the inflation rate and hopefully it will decrease further in order to enable the Reserve Bank in July to make a more favourable rate cut decision. Therefore the prime lending rate remains at 11%.
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