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 MoreAsset Protection Offshore
How you can achieve a good and stable asset and equity protection by forming a Offshore Company in the Seychelles, Belize, BVI or Cyprus. What is important to know is to have the right company structure to protect your assets and equity in the case something goes wrong and you will need to relay on the shield you build. Asset Protection Offshore, the light waight Guide. We will not enter into a...
Read MoreOffshore Company and Trusts formation
When you want to Register Offshore Company in Cyprus, it is important to know about offshore company trusts. The trusts are used by a majority of businesses in the country to ensure that the company’s privacy is maintained, protect its assets and make it possible to make investments in the offshore companies that the trust owns. An offshore company trust in the country gives you 100 percent...
Read MoreOffshore Company Registration in Cyprus how to do so?
The new legislation that has been put in place has made it easier to Register Offshore Company in Cyprus because taxation rates will now be determined by where the company is controlled and managed from as opposed to where it is registered. If your company is registered in the country but is controlled and managed from abroad, you will only pay tax for the income you make in Cyprus. Any foreign...
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. […]