...table offshore climate often depends on local regulations. Most considered branches are: asset protection legislation, confidentiality conditions, international business functioning rules, investment laws and taxes. Due to this, many worldwide-known offshore jurisdictions became popular: Cyprus, Switzerland, the UAE and other. Considering this point, it is useful to consult with international lawy...
Path: Blog...insurance company, online gaming, Belize shipping company and others. Everything is under the law and most types of offshore entrepreneurships are tax exempt. **What are basic advantages of starting a business in Belize?** Like another popular offshore jurisdiction, formation process is fairly simple. Number of directors and shareholders can vary from one to unlimited number. You can also us...
Path: Blog...ists of propositions about Fintech regulations. This is the first step to create special legal acts and start cooperation with other countries in this sector. Business in Gibraltar will be able to use a new distributed ledger technology. For an **offshore jurisdiction**, this ability opens many doors as it will create a new way to store or transfer values belonging to others. A representative o...
Path: Blog...e rating and now are not among the most popular offshore destinations. At the same time, the Bahamas and the Cayman Islands are holding on with their places and the Bahamas even moved 22 places up. **GFCI is a ranking that is very important** for offshore jurisdictions. It functions since 2007 and more than 15,000 professional respondents have taken part in the analysis. This is why participati...
Path: Blog... of Bahamas to the non-cooperative tax jurisdictions list is premature and as soon as the Prime Minister negotiates removal of the territory from the list, the good name will be restored. Taking into account the above, before starting business in offshore jurisdiction, it is important to check if its provisions correspond with the BEPS minimum standards. This compliance means absence of harmful...
Path: Blog...It is a competitive economy according to different factors. One of them is Mauritius double tax treaties with developed countries like Germany, United Arab Emirates, the UK, India and many others. This makes Mauritius a prospective partner for other offshore jurisdictions. Both international financial centers of Seychelles and Mauritius will benefit from their collaboration. Moreover, this will...
Path: Blog...able customer care system. If you do not feel sure and comfortable doing it independently, it might be a convenient decision to choose legal and/or business consultant. Professional assistants are the ones who know all pros and cons of the popular offshore jurisdictions, as well as are ready to make analytics and provide you with a qualified, practical services.
Path: Blog...anama, the British Virgin Islands, Belize or Anguilla. These countries are now gaining popularity and are known for relocation of existing companies to overseas jurisdictions. At the same time, businessmen often decide to start new companies in the offshore jurisdictions to work within the new markets, manage taxes and increase profits. Do not think that offshoring is illegal: professional approa...
Path: Blog...ring income to country’s budget. The main recommendation of the IMF is to create new, progressive tax regime, which will include earlier rejected value-added tax, sales tax and other variations. **This will let Hong Kong to remain an innovative offshore jurisdiction** highly rated by the international businesses.
Path: Blog... changed and the Governor of the Central Bank of Malaysia mentioned this at the Labuan Industry Annual Dinner. He is aware that now international taxation practices have to grow gradually to correlate with the OECD requirements. Nowadays, respectful offshore jurisdictions are not outlaw or above the law and never try to avoid taxation, do not exploit gaps in the legislation, don’t focus only on ...
Path: Blogoffshore jurisdictions may be sensitive in the cases of **accusation**. **“Money laundering”** indicating statements often cause reputation loss. Even if the country can manage unfair allegations and protect itself, it can still work out as a critical reception for the prospective investors. In this situation, we can give an indicative example: case of **Saint Vincent and the Grenadines**...
Path: Blog...th any stages of company set-up in Malaysia. When you are done with all formalities it is easy and tempting, to give most attention to development. However, do not forget to pay annual fee and check whether government has no claims to your business. offshore jurisdiction of Malaysia and specifically Labuan is a great choice for growing business and investors so do not hesitate to start your compan...
Path: Blog*When the day has come and you, as the owner of the business, decided to choose an offshore jurisdiction for your company – the journey has only just begun.* Sometimes starting a new business offshore or moving your existing business to another country can help you grow and develop. OffhoreLicense Ltd knows, that executives are sometimes struggling to choose an offshore jurisdiction because th...
Path: Blog...g tax legislation, Cyprus became a country which is located the nearest from the Europe and, at the same time, has the lowest tax rates, especially for corporate incoming tax. Businesses connected with royalties, finance or trading are choosing this offshore jurisdiction more and more often. Main advantage of such taxation is business having opportunity to reduce operating costs. Lowering taxation...
Path: Blog...ess requires a different plan and each one of them can be managed effectively. Entrepreneurs are often need a professional consultant. This is why offshore licensing companies exist. Regular person does not have all the required information about offshore jurisdiction and a professional financial analysts or offshore specialists can conduct researches that will allow businessman select the best...
Path: Blog...ors can be afraid of others buying shares secondhand, dumping prices or trying to get the biggest piece of a pie. Confidentiality keeps your assets safe and protects your reputation too. What else is a great positive moment for foreign investors? offshore jurisdictions mostly support diversity. If you have made decision on investing, you are able to choose more than one country and more than on...
Path: Blog*When you have already thought about moving your business and choosing jurisdiction you might have come to decision about the Bahamas. This country, officially known as the Commonwealth of the Bahamas, and has all the advantages of an offshore jurisdiction.* For example, tax climate for IBCs is close to perfect. International business is exempt of local taxes, including sales, dividends, corpora...
Path: Blog*Vanuatu is a popular offshore jurisdiction situated near Australia. Why is this country considered as one of the friendliest locations for starting up the company? We will answer most popular questions about Vanuatu offshore company formation and give you a professional advice.* **What are the benefits of doing business in Vanuatu?** Banking system is one of the most important arguments in ...
Path: Blogoffshore jurisdiction of St. Vincent and the Grenadines (SVG) is a stable choice for different types of business. This state is a part of an archipelago near North America shores. Earlier, SVG used to be British colony but now it is an independent state. English is one of the main languages in this country and it is a great pro for business. Also, financial state of St. Vincent is pretty constan...
Path: BlogSingapore is an offshore jurisdiction that attracts entrepreneurs since the 2000’s. At present, there is a wide choice of corporate structures if you want to form a business in Singapore. Understanding which one is the best for you can mean a lot. We listed the most popular and suitable for business legal forms below to make the choice easier. **Limited liability company** A Limited liabi...
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