The anonymity of IBCs, also called offshore companies, is the reason for their misuse!
Because of the strong anonymity an offshore company can provide, if it is setup correctly, it is often misused for money laundering and other activities, which violate the tax regulations in most countries. Almost everyone knows than an offshore company can be used to protect your assets and can also be used as a vehicle to avoid or minimize tax. In many cases an offshore company (eg. A company...
Read MoreIn Which Jurisdiction Should I Incorporate My Offshore Company?
This is one of the most common business questions of the modern time. The incorporation of offshore companies has continued to increase in popularity and it has never been as beneficial to incorporate an offshore company as it is in 2010. Thousands of online businesses have discovered the advantages of incorporating companies offshore and they are already experiencing major benefits such as tax...
Read MoreThe Best Places to Register Offshore Company
There are several places around the world that can offer you an opportunity to Register Offshore Company but you have to know which country will suit your business. There are certain things that people look for when they are thinking about setting up an offshore company. These include confidentiality, tax optimization and asset protection. Before you settle on a jurisdiction, you need to know the...
Read MoreWhat Are Offshore Companies
An offshore company refers to a company which has been incorporated outside the jurisdiction of where it does its primary operations. It is at times referred to as a non resident company. It may also refer to a company which has been incorporated as an offshore financial centre. In order to register offshore companies, there are certain provisions which are adhered to so as to make this possible....
Read MoreThe Process of Registering Offshore Companies
There is a lot of craze concerning the offshore companies. Many people are looking for investments in countries away from their own. This business venture is gaining popularity and more so because due to the tax exemptions that these companies are entitled to. The international business corporation is responsible for the governing of the offshore companies. It is the one that stipulates the...
Read MoreThe General Facts about Registering Offshore Companies
An offshore company is a business that is incorporated outside the owner’s country of residence. These offshore companies are generally formed to provide attractive business prospects and tax structures. The process of registering an offshore company is governed by the International Business Corporation (IBC). They are responsible for issuing information regarding the process of registering an...
Read MoreOffshore Experts
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Latest tax news
- Tax-News.com: Landmark Nasdaq Listing For Mauritius FirmTax-News.com: Leading Indian online travel company, MakeMyTrip Limited has undertaken a USD70m Initial Public Offering on the Nasdaq Global Market, making it the first Mauritius-incorporated company to list on a major New York stock exchange. […]
- Tax-News.com: Obama's Tax Reform Panel Issues ReportTax-News.com: The US President’s Economic Recovery Advisory Board, chaired by for Federal Reserve Chairman Paul A. Volcker, has issued a report on options for changes in the current tax system to achieve three broad goals: simplifying the tax system; improving taxpayer compliance with existing tax laws; and reforming the corporate tax system. […]
- Tax-News.com: DIFC Announces Strong Growth In 2010Tax-News.com: Despite the economic downturn, the Dubai international Financial Centre is continuing to attract companies form all over the world, especially from Asia. […]
- Tax-News.com: South Africa Rejects Mining TaxTax-News.com: South Africa's Minister of Mineral Resources, Susan Shabangu, attending the Paydirt Africa Downunder Conference in Perth, has said that her country would not introduce a new mining tax, as is being proposed in Australia. […]
- Tax-News.com: METI Sets Out Japanese Tax Reform ProposalsTax-News.com: After a period of consultation with industry, the Japanese Ministry of Economics, Trade and Industry has incorporated significant green elements in its tax strategy for 2011 as well as proposals designed to make business taxation more competitive internationally. […]