...zed offshore business is absolutely legal. It is important to understand all pros and cons of investing offshore to form your company in the right way.* Main point of offshore investing is a favorable tax climate. Small countries are aware that low tax rates and favorable regulations for business will attract foreign capital. It is true and most offshore countries have significantly improved thei...

...advantage of Cyprus is exactly its tax policy. It has become most popular after 2004th, when it joined the EU. After changing 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...

...p funds. The leaked documents revealed the process of moving offshore companies that belong to Apple. The first step was to recruit a Bermudian company that consulted Apple on this matter. This company is a specialist on consulting about the best tax rates and creating the most efficient subsidiary companies, like **Offshorelicense Ltd**. The decision was taken in the early 2015 and Apple Op...

...ced economies is exceedingly high. Setting up an offshore or an international business company (IBC) is convenient for both, young entrepreneurs who want to start smoothly as well as for experienced businesses eager to improve too thanks to the low tax rates in offshore jurisdictions. Unquestionably, you still have to legalize your business, act under specific legislation and in accordance to the...

...nt to mention **personal income tax reduction**. It will be **less by 2,5%** and the same terms apply to company tax. According to the new budget, **final tax amount is 30%**. Also, personal income tax is not paid before you earn first XCD20,000 and tax rates apply only when residents cross XCD20,000 threshold. There are also VAT changes and the vehicle surcharge for Saint Vincent residents. Fo...

...ss. First of all, this process lets you act like a separate legal entity and use all privileges of a certain jurisdiction. What benefits can incorporation bring you as a businessman? The main advantages include asset protection, asset transfer, low tax rates and many others. Registration process tends to be easy in many countries now. Follow our recommendations below to find out more. **Compan...