Category Archives: offshore benefits
Who Needs an Offshore Business?
Perhaps you’ve heard of offshore business formation, but are not certain if it is for you. Some individuals benefit from utilizing offshore companies, while others do not need them. You may not need an offshore company if your only intention … Continue reading
How to Reduce Corporate Tax Bill
Businesses are continually seeking ways to reduce costs and increase productivity. Economic troubles have adversely affected many companies, causing layoffs and cutbacks. However, there is an area that businesses can trim without sacrificing quality or manpower. More and more companies … Continue reading
How Google Paid Almost No Corporate Taxes in 2010
Google isn’t just a search engine. It is a giant in the Internet realm with the “largest and most scalable platform” for web-based applications. With applications for individuals, businesses, and educators, Google provides Internet apps for everything from blog readers, … Continue reading
What is a Cyprus International Trust?
A Cyprus International Trust is set up under the International Trusts Law of 1969 (and the 1992 revision). According to the terms of the law, neither the individual nor the beneficiary may be residents of Cyprus, nor may the trust … Continue reading
Legality of Offshore Banking
Choosing to go offshore is a decision that requires much research and contemplation. But worrying over the legality of it is not something that should be an issue. Initially offshore business formation was a simple process which required very little … Continue reading
Filed under offshore banking, offshore benefits, Offshore business
What is International Business Company Act of 1990
International Business Companies, or IBCs, are private companies that are well-known for their advantages as a tax-haven. Of all of the vehicles available for offshore business formation, IBCs are the most popular choice of investors. They are formed in different … Continue reading
Offshore Business Formation Jurisdictions: Hong Kong
Hong Kong is located on the South East Coast of China and is a Special Administration Region (or SAR) of the People’s Republic of China. Both English and Chinese are used on documentation. Unlike other jurisdictions, Hong Kong does not … Continue reading
Offshore Business Formation Jurisdictions: British Virgin Islands
The British Virgin Islands (or BVI) consists of four main islands – Tortola, Virgin Gorda, Anegada, and Jost Van Dyke – along with about fifty smaller islands located in the Caribbean Sea. The majority of the population of 22,000 people … Continue reading
Bank Secrecy Laws and Offshore Business Formation
One of the chief reasons for forming an offshore business is privacy and protection. Most jurisdictions offer confidentiality for investors, shareholders, directors, and officers of their offshore companies. Individuals who wish to protect their assets from predatory litigation are wise … Continue reading
Preparing to Move Your Business Offshore
More and more companies are discovering the benefits of incorporating within an offshore financial center. The main benefit, of course, is the low taxes or, in some cases, complete lack of taxation. Some investors are won over by the confidentiality … Continue reading
