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The firm’s head offices are in Amstelveen in the Netherlands. According to its website, ICTS International “provides advanced, comprehensive security solutions for the aviation and homeland security sectors, with an emphasis on transportation security in general, and railroad and mass transport security in particular. ” Set up in 2005, I SEC International Security BV is the company’s airport and airline security wing. Towards the end of the 1990s, ICTS International created a computer technology called Advanced Passenger Screening, which is utilized by the majority of major U. S. airlines. Based on passenger information, the algorithm calculates the likelihood of passengers posing some kind of threat. In 2008 ICTS International’s revenue totaled $98. 8 million. Registered in the Dominican Republic, but with offices in Kentucky, Ukraine and the U. K.

Posted March, 2011 by Admin

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Last May, US president Barack Obama declared his intention to clamp down on the channelling of US company profits through registered offices overseas and to dampen corporate enthusiasm for outsourcing jobs to foreign countries. Since then there has been a noticeable increase in Irish company formation applications as a number of notable firms have moved their place of incorporation from countries identified by the US as tax havens, such ACN as Bermuda, to Ireland. Accenture, Wilis Group Holdings, TBS International, Ingersoll RandThese include renowned consultancy firm Accenture, insurance brokerage giant Willis Group Holdings, international shipping outfit TBS International, manufacturing specialist Ingersoll Rand, electrical products manufacturer Cooper Industries, and medical device supplier Covidien. Warner Chilcott plc, a pharmaceutical company employing 1,115 people worldwide, is currently seeking court orders to facilitate its Irish company formation project and is planning relocation to Ireland for tax reasons. WPP, one of the world's largest advertising and marketing groups, moved to Dublin from London in September 2008, following their loud criticism of changes in the British corporate tax environment by the UK treasury. Accenture and TBS have hailed Ireland's "sophisticated" and "well developed" legal and regulatory environment as key factors in their decision to relocate business here. AccentureAccenture announced earlier this year that its Board of Directors had unanimously approved changing the company's place of incorporation to Ireland from Bermuda. Accenture's shareholders will be asked to vote in favor of the proposed Irish company formation move, at shareholder meetings expected to be held shortly. William D. Green, Accenture's chairman and CEO, said, "After a careful review, our Board of Directors has determined that changing our place of incorporation to Ireland is in the best interests of Accenture and our shareholders. We believe that company incorporation Ireland will provide Accenture with economic benefits and help ensure our continued global competitiveness.

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Posted February, 2011 by Admin

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