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 MoreRequirements to Register a Company in Belize
Belize is a country that is located in Central America. It has a population of approximately 300,000 but the growth rate is high, approximately 3% of the entire population per annum. Due to this increase in population, Belize is a viable country for business. The first step for starting a business would be to register the company. The Belize government has set a number of requirements for any...
Read MoreRegistering a Business in Belize: Certification and Legalization
In Belize, like in every other country, the business documents definitely need to be certified. A Notary or a government employee like the Chief registrar of companies can certify legal documents. (A public notary is an office constituted by law to serve the public for non-contentious issues concerned with powers of attorney, deeds, estates, foreign and international business). This particular...
Read MoreBusiness Start-up in Belize
Like in any other state or country, for you to begin or invest in a company, you must abide by the laws of the land. You must pay the necessary fees, find out if the company name is available for use, make sure that it is a legal business according to the laws laid-out and ensure that it will promote the community it will be based in. After all, business in any given country should be able to...
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. […]