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Starting your own business in Saint Vincent and the Grenadines

...n St. Vincent and the Grenadines are able to enjoy all favors of offshore banking. Special Tax Information Exchange Agreements is an international act that allows business avoid double taxation, distribute tax obligations, share all information with tax authorities and remain confident in bank secrecy. Moreover, there is a strong policy against white-collar crimes in jurisdiction of St. Vincent...

Path: Blog
How to choose a suitable company structure for your business?

...layed in personal declarations and reports. This works also for LLC, where every partner show their income in personal documents and taxes are payed according to them. However, every structure except sole proprietorship, require you to interact with tax authorities. It is important to know, that the bigger company is, the more you need to form financial or accounting department to deal with taxati...

Path: Blog
The British Virgin Island Authority Declared a Warning for CRS and FATCA

...n Islands (BVI) legislation** obliges financial institutions to follow rules of the US Financial Account Tax Compliance Act (FATCA) and the OECD's Common Reporting Standard (CRS) in regards to sharing all relevant information with the international tax authorities. In February 2018, the British Virgin Islands International Tax Authority issued a reminder for companies who are subject to this r...

Path: Blog
Saint Vincent and the Grenadines’ Budget: Tax Relief and Amnesty

... three-month tax amnesty has already started. What is this and what is it for? The main idea is to let taxpayers, having any debt, to repay it within the three months. Before 15th May 2018, there is a possibility to negotiate your payment debts with tax authorities and to take-off your hand from the urge to pay penalties. After the three-month term ends, the Inland Revenue Department will have ...

Path: Blog
Игорная Лицензия Кюрасао

...очь в покупке сервера. Наиболее важные требования, которые необходимо соблюдать: Ultimate beneficial ownership of the legal entity should be disclosed (upon request) to the tax authorities; Только юридические лица с капиталом, разделенным на акции, могут осущес...

Path: Licensing