...al Bank of Vanuatu. These facilities are considered very stable and reliable among offshore business founders. Next argument to form an offshore company in Vanuatu is tax regulations. It is important to mention that there is no capital gain tax, income tax and withholding tax. International companies are exempt from taxes already over two decades. This applies on international operations only ...
Path: Blog...antly improved their economics after becoming place for foreign investors. There are special regulations in domestic countries as well. These are made for maintaining balance between taxation for offshore business and native companies. International income tax and individual taxes are balanced specially for this reason. Another point to consider when moving a business offshore, is safety and co...
Path: Blog... offshore country is required to achieve effective business planning. 2. Optimizing taxation is the next important goal of an offshore consultant. Specialist need to consider the possibility of Foreign Earned Income Exclusion while paying foreign income tax; Best time to transfer the profit to your parent company; Which tax privileges for your business are available and many other solutions. Ev...
Path: Blog*Most of today's employees or businesses are looking forward to work internationally. When a person receives an international payment a question on how to pay income taxes will arise.* Earnings shall be displayed in the US tax return, and we would like to draw your attention to some points of income reporting. We will focus on two most common situations: when you earn money abroad while being...
Path: Blog...e first stage, it is crucial to lower your expenses on business registration process. • Taxation matters You can never avoid taxes at all but in different company structures tax obligations differ too. In sole proprietorship or partnerships, income tax is displayed in personal declarations and reports. This works also for LLC, where every partner show their income in personal documents and...
Path: Blog...tment company and locating it on Cyprus, there is a possibility to use advantages of special Cyprus investment firm license. It allows founders or CEOs of companies to use all taxation advantages for their business. For example, except for corporate income tax of 12,5% you will be able to avoid capital gains taxes on the disposal of securities, use double tax treaties for your company and also red...
Path: Blog...er to comment on this matter and explain more details on the **offshore investment**. The Duchy stated that all these overseas investments are completely legal. Moreover, even though the Queen is exempt of taxation, the Royal family voluntarily pays income tax from the Cayman Islands and Bermuda estates. However, there is one part of the investment that went to an unreliable fund. The money ret...
Path: Blog...as business opportunities. Apple’s representative expressed the official position of the company. They indicate that moving subsidiaries did not affect their tax burden in any way and Apple remains one of the world’s largest taxpayers. Corporate income tax, property tax, payroll tax, sales tax and other types of fees – all these payments are still processed by the company and they support ev...
Path: Blog...struments lodged and cleared by the Central Moneymarkets Unit of the Hong Kong Monetary Authority are eligible. The new Budget states that the list will be extended with the debt securities listed on the Hong Kong Stock Exchange. • The personal income tax will also be subjected to the upcoming change. Personal income tax rate will now be chargeable for incomes above HKD200,000 (USD 25,512). W...
Path: Blog...dines**. This territory revealed the latest budget with **good news for taxpayers**. It refers to both, private individuals and companies. Legal entities will have company **tax reduced by 2.5%**. Also, the hotel owners will have to pay **1% less income tax**. These are the main changes for businessmen. Regarding private individuals, it is important to mention **personal income tax reduction...
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