Articles, tagged with "tax havens", page 1
What is an offshore bank and is it legal
Offshore banking is an important part of global financial transactions.
It is the deposit of funds outisde the country of residence.
Offshore banking institutions are usually located in a low tax juridictions that offer legal financial advantages over...
Advantages of Forming an Offshore Company in Seychelles
There are certain tax havens in the world where you will find specific taxes being imposed at a minimum rate or not at all. For example, the tax for an offshore company in Seychelles is nil. This prompts wealthy professionals as well as businesses to set ...
About Offshore Company Formation in Tax Havens
If you are really keen in offshore company formation in a foreign country, collecting as much valuable information as possible will assist in ascertaining hassle-free designing and implementation of business plans. Employing the services of a specialized ...
Hong Kong as a tax haven
Hong Kong is one of the most famous tax havens in the world. Hong Kong has the following tax rates:
•16.5% for companies
•15% for unincorporated businesses
•2%-17% for salaries
Hong Kong Offshore Companies and their Tax Liability
Taxes only apply...
Euro Tax Haven \'Apocalypto\' Opens Door To Guatemala
More commonly recognized for its ancient civilization history of the Mayan Empire, Guatemala has far more lately turn into the focus of the worlds wealthy, who are beginning to look beyond the European tax havens of Switzerland, Andorra and Monaco followi...
India—are you in a coma?
Mohan Murti, former Europe Director, CII, writes in “Is the nation in a coma?” that Europeans believe our leaders are too blinded by new wealth & deceit to comprehend that India is heading towards a dead end.
Yes, Mr Murti, we are a nation in coma. We ha...
Panama as an Offshore Company Tax Haven
Panama is one of the most popular and established tax havens around. Its popularity is thanks to the offshore companies and foundations on offer. Panama’s tax advantages stem from the fact that it has a territorial tax system. This means there is no tax o...
Andorra Cuts Residency Bureaucracy
Politicans are planning to raise taxes across Europe in their budgets, and many high net worth individuals are considering relocating in 2011 to a more tax friendly environment, and starting to decide which jurisdiction would be most favourable for them a...
Where to open an offshore bank account
An offshore bank account allows you to improve efficiency of international financial transactions. Despite the efforts of government and international business organisations in reducing the criminal activities, such as tax evasion, associated with offshor...
Nevis as an Offshore Company Tax Haven
Nevis is one of the ‘no-tax’ havens and is becoming increasingly popular for personal offshore tax planning. The island offers good privacy protection, which is one of the reasons Nevis is popular in asset protection strategies. Together with St. Kitts, N...
Guernsey Offshore Company Formation
Guernsey is one of the Channel Islands, famous for its tax-haven status. In recent years, Guernsey’s financial center has become increasingly important, with most international banks having either a branch or subsidiary in Guernsey. The island is also hom...
Using a Registered Office Service
Rather, many small businesses are service providers, often using the internet or mail order and never needing a space in which to meet clients. Even those which do require some physical space – for example a counselling or tutoring business – can often be...
Bahamas Offshore Company Formation
Bahamas as an Offshore Company Tax Haven
The Bahamas are one of the most popular of the Caribbean tax havens. The banking sector is huge and has acquired an excellent reputation as a location for offshore banking. The Bahamas has also agreed to implement...
Umbrella Company Contractors be Wary of Offshore Tax Schemes
The government has made it perfectly clear that they will continue to clamp down on schemes that promote tax evasion. umbrella company contractors and freelancers that find such schemes attractive should be fully aware of the dangers of using these schem...
Thinking about registering an offshore company - make sure you plan ahead
Thinking about registering an offshore company? It makes sense to plan ahead and do as much research as possible to ensure your ideas and vision become a reality, not caught up in a mire of setbacks and red tape. The process can be a little daunting, so y...