International Business Company Formation, Inc. adds the "International Trade Company in Malta" to its list of available Offshore Jurisdictions

For immediate release

Tappan, New York May 28, 2003 – In response to increased inquiries for more information on company formation in Malta, International Business Company Formation, Inc. has added the "International Trade Company" in Malta to our growing list of available offshore jurisdictions.

The Malta Advantage
The International Trading Company (ITC) in Malta is formed as a private limited company and, with certain exceptions, does business exclusively with Maltese non-residents. Although taxed at the same 35% rate on profits as a Malta resident company (and therefore alleviating the "ring fencing" concerns of the OECD), a system of tax refunds on dividends paid to non-residents effectively reduces the tax rate to 4.17% to the shareholder.

The identity of Directors and shareholders is generally disclosed but if Malta licensed nominees are used, further disclosure need not be made beyond that to the nominee.

There is a requirement of an annual audit by a firm in Malta but the costs can be quite reasonable.

About International Business Company Formation, Inc.
International Business Company Formation, Inc. (IBCF) is a New York-based corporate services company which assists legal professionals in forming companies and providing registered agent and other corporate services in the US and throughout the world. For more information on forming companies in Malta or elsewhere, see www.ibcf.com.

Media Contacts:
Adam Cannizzaro
1.888.664.6263; 845.398.0900
adam@ibcf.com




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