About the IFC BC

The IFC BC is a non-profit Society, established in 1986, to promote British Columbia as a favourable location for international financial activities

Mission

The International Financial Centre British Columbia (IFC BC) promotes British Columbia as a location for investment and encourages corporations to take advantage of the favourable tax treatment available under the International Financial Activity Act (IFAA).

• The International Financial Activity Act (IFAA) provides the legislative framework for the International Financial Activity (IFA) program, which offers corporations registered in the program a full refund on provincial income taxes. Employees who work for those companies are eligible for favourable tax treatment as well.
• Most core members of the IFC BC are registrants in the IFA Program. Associate members represent the infrastructure of the business community.
• The IFC BC acts as an information source for members inquiring about the IFA program and offers its members a forum for meeting other members and communicating about international business through hosted events.
• In addition to bringing new companies into the province, the IFC BC serves its members through:
• Advocating on behalf of members to address issues of interest regarding the IFA Program.
• Undertaking pertinent public policy initiatives and working with policy makers to strengthen the IFAA.
• Promoting the province by raising the profile of British Columbia as a location for investment.
• Disseminating information to members on changes to the IFAA and future developments, and hosting meetings, seminars, and conferences to communicate relevant information.
• Providing interested companies with information about the IFAA.
• Building links with higher-level educational institutions to communicate the competitive advantages of doing business in British Columbia.

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