The PIF provides the literal foundation (no pun intended) for your asset protection structure. The PIF is controlled by you. The IBC is controlled by the PIF.

Only the IBC can conduct business, but without the PIF as part of the structure, you would end up with direct control of the IBC. This would give you “interest in a foreign corporation”, which the IRS can use in order to assess taxes to you. With the PIF as shareholder, you can honestly say (and the public record will confirm) that you do not have an interest in any foreign corporation.

Additionally, the PIF can be used to provide for you and your family. It can own property, hold or invest money, own precious metals, etc. You can instruct the PIF to send regular stipends to your favorite relatives, or provide for your family after you die. The PIF structure is unbreakable.

The IBC can conduct business anywhere in the world. Between the PIF and IBC, you can do almost anything while retaining both privacy and control.

No. We are on the cutting edge of banking privacy. We continually monitor banking regulations and so are prepared to locate the most private, least intrusive banking for our clients. It is certainly harder to find private banking these days, but we have succeeded. We can help you set up banking in other countries.

If any entity - foreign or domestic - engages in activities that are subject to the Internal Revenue Service income or other taxes, then that entity sustains a tax assessment. However, there is no reason why your foreign entities ever need to engage in such activities.

If you strategically plan how best to accomplish your personal and professional objectives, then neither your PIF nor IBC ever need become subject to IRS jurisdiction.

The PIF is the exclusive shareholder of the IBC. This gives the PIF direct legal control over the activities of the IBC (while you control the PIF).