international business Company in Seychelles is an ideal solution for confidential and fully tax-exempted international business: no requirements to file annual returns, no taxes or stamp duties, no US or IRS interference, no public records. The Seychelles IBC is commonly used for international trading operations, investments and holding purposes, leasing of vehicles or aircraft, marketing and fi...
Path: CompaniesEstablishing of St.Lucia IBC for conducting your international business with anonymity, flexible company structure, privacy protection, no audit or reporting.Incorporation: within 2 weeks + delivery time for the courier Minimum paid up capital: No minimum capital requirement Overview Saint Lucia is an island jurisdiction in the Caribbean region off the South Ameri...
Path: CompaniesBelize international business Company offers an incorporation option in a lucrative tax environment with minimal administrative burdens.Incorporation: 48 working hours + delivery time for the courier Minimum paid up capital: No minimum capital requirement Overview Belize is an independent country, beautiful by nature, located on the Caribbean coast of Central Amer...
Path: Companies...t and the Grenadines, one of the most underrated offshore jurisdictions. Saint Vincent and the Grenadines is a sovereign and politically consistent territory, being referred to as a solid offshore jurisdiction with a strong confidentiality law. **international business companies in Saint Vincent and The Grenadines take advantages of an exemption from all taxes on income and assets for 25 years ...
Path: Blog... improvements in the BVI offshore corporate legislation which is already considered to be favourable. The new BVI Business Companies Act removes any distinctions between the companies operating in the domestic market and companies restricted only to international business, and joins them into one unified type of company – a BVI Business Company (BVI BC). This new corporate structure preserves al...
Path: Companies...Antigua and Barbuda’s judicial system is based on the English Legal System. The governmental system is a unitary parliamentary representative democratic monarchy. The country also has had a Free Trade and Processing Zone established in 1994 for international business Corporations and for attractions of investors who can enjoy a full tax holiday to Antigua.General information Company struct...
Path: Companies...ferred language of corporate documents and legislation is English. The Business Corporation Act (BCA) that is part of Associations of the Republic of the Marshall is governing law for RMI corporations. Most popular offshore company type in RMI is international business Company (IBC) that is also referred to as Non-Resident Domestic Corporation (NRDC). For such companies there are no requirement...
Path: CompaniesVanuatu IBC is the most commonly used offshore entity known for its flexible corporate structure, exemption from all taxes and stamp duty.Incorporation: within 5 working days + delivery time for the courier Minimum paid up capital: No minimum capital requirement Overview Vanuatu, officially the Republic of Vanuatu, is an archipelago in the South Pacific Ocean, eas...
Path: CompaniesLimited Liability Company in Gibraltar for international business purposes. Gibraltar is a stable EU jurisdiction that offers legitimate tax advantages and exempted from VAT. Gibraltar non-resident company is commonly used for international trading and holding business, as well as e-commerce.Incorporation: 7 working days + delivery time for the courier Minimum paid up capital: 1 GBP ...
Path: CompaniesLow capital requirements, and favourable tax regime (including absence of indirect taxes) supported by a network of treaties on avoidance of double taxation make Labuan company a popular choice for incorporation of regional headquarters, e-commerce enterprises and Islamic Finance businesses.Incorporation: 7 working days + delivery time for the courier Minimum paid up capital: No ...
Path: Companies...e one of the leading economic reformers in Africa and evolved to be an Upper Middle-Income country and turned economic growth into the development of the country. With its attractive taxation system it has become one of the chosen destinations of an international business opportunities.Description Global Business entities in Mauritius are regulated by the Financial Services Commission ...
Path: Accounting*When you decide for your business to become international, what to do and how to deal with legal matters? First of all, we should talk about why businesses are massively using international jurisdictions for functioning.* When you form or relocate your business to another country you can achieve a couple of very crucial goals. Sometimes legal or taxation climate in your country is not opportun...
Path: Blog**The House of Representatives of Belize has recently passed three bills to organize offshore regulations in order to be compliant with European Standards.** The bills scheduled at the session included amendments to the international business Companies Amendment Act, the Income and Business tax Amendment Act, and the Stamp Duties Amendment Act. During the last few years Belize had tense relati...
Path: Blog...e one of the leading economic reformers in Africa and evolved to be an Upper Middle-Income country and turned economic growth into the development of the country. With its attractive taxation system it has become one of the chosen destinations of an international business opportunities.Description Global Business entities in Mauritius are regulated by the Financial Services Commission ...
Path: Accounting...till there are some interesting factors you, as entrepreneur, should know about. Labuan International Company is the most popular business structure when you decide to create an offshore company in Malaysia. This jurisdiction grants low taxes for international business. For example, company’s paid-up capital is limited to 1$ and you can also enjoy advantages of paying only 3% or fixed amount ...
Path: Blog...al and currency stability there are a couple more arguments. Package of financial laws that regulate St. Vincent company formation were enacted in 1990s and business in this country operates according to them. This law package is aimed at support of international business like in other popular offshore jurisdictions. Strong growth of international St. Vincent company numbers was observed in early ...
Path: Blog...ons. At the same time their liability is limited to their personal investments in business and they are not responsible for company’s debts with their own funds. This feature is alike with limited company structure which is an excellent choice for international business. Considering tax matters, limited liability partnership is efficient for non-residing companies as well. Advantages of formi...
Path: Blog...l of $2,000 to obtain the license but this amount is less than in many wide-known offshore jurisdictions. Benefits of choosing Vanuatu as your offshore jurisdiction are mostly about simplicity and favorable climate for business. For example, all international businesses in Vanuatu are regulated by only two legislation acts, both from 1900th. Main advantages of these laws are confidentiality an...
Path: Blog...osing jurisdiction you might have come to decision about the Bahamas. This country, officially known as the Commonwealth of the Bahamas, and has all the advantages of an offshore jurisdiction.* For example, tax climate for IBCs is close to perfect. international business is exempt of local taxes, including sales, dividends, corporation and capital gains tax. Also, international currency exchange ...
Path: Blog... company earns – it is not reasonable. Legal part also plays a big role in company formation. Comfortable offshore climate often depends on local regulations. Most considered branches are: asset protection legislation, confidentiality conditions, international business functioning rules, investment laws and taxes. Due to this, many worldwide-known offshore jurisdictions became popular: Cyprus, ...
Path: Blog...d its 70th anniversary. What happened and how business conditions will change in this region? We will analyze the newest tendencies and explain how business will develop in **LatAm** and the **Caribbean**. The reputation is a crucial factor for **international business jurisdictions**, therefore implementing legislation that prevents money laundering and tax evasion, is a paramount for the gove...
Path: Blog**Labuan**, the official federal territory of Malaysia, is considered as a reasonably good place for the international business. However, it still needs to improve action standards with the BEPS Action 5. It is the latest standard of the OECD that should be followed by members of the BEPS Inclusive Framework. Adapting tax legislation to the **new rules** is supposed to start at the earlier co...
Path: BlogThe New Year has already brought the new regulations and rules in the international business world. We decided to start from the new rules in **Gibraltar**. The main financial regulator of this country, Gibraltar Financial Services Commission, announced new obligation for the companies using distributed ledger technology for storing or transferring values that belong to others. Currently, **...
Path: Blog... concern for local business sectors. The mass outflow of companies operating in Cyprus and their establishment in other jurisdictions will have a domino effect for the local economy, as anticipated by the president of CFA. The very foundation of international business in Cyprus is now at risk. **Recent directives of the Central Bank of Cyprus, in addition to worldwide new measures against m...
Path: BlogMany countries that support **international business** had started to implement **blockchain regulations** during the last months. **Malta** is next in the line according to the plans announced at the **Dubai Blockchain Conference**. Which industries will the new regulations cover? Not only blockchain but also **AI** (artificial intelligence) and **IoT** (internet of things). Technologies are...
Path: Blog*What is an offshore company? We have already analyzed reasons to go offshore in 2017, and now the time has come to analyze Belize company formation process.* **This Central America country is considered as one of the most favorable for international business.** Most common company structure in this jurisdiction is an IBC (international business company). It is regulated by 1990 and 2000 go...
Path: Blog...l. Having a real physical office is useful for controlling all periodic payments and document renewals. Nevertheless, it is crucial to constantly monitor business state. To finalize, a proper incorporation of the company is a reasonable choice for international business. A legal entity, which meets all requirements of the chosen jurisdiction, is the best option for entrepreneurs who want to act ...
Path: Blog... companies in the Shanghai Free Trade Zone. Moreover, the official Chinese information agencies stated, that this will become a unique experience for China. Foreigners have never been in equal status with citizens and this will change magnificently. international business will have a chance to enter markets - including stock - and be financed by Chinese investors. It is very important that such...
Path: Blog...Act 2018.** This actually means that it is an official AML/CFT law from now on. This was an expected development in mind of the recent trend of updates in the field of Anti-Money Laundering Law. The Isle of Man is a well-regulated and developed international business center and the new law will help to preserve its respectful status. The IOM Government stated that the new law will enhance its...
Path: Blog...re very low. Furthermore, Bahamas, Isle of Man, Bermuda, Bahrain and the Cayman Islands don’t have any corporation taxes at all. In contract, the corporate tax in countries with advanced economies is exceedingly high. Setting up an offshore or an international business company (IBC) is convenient for both, young entrepreneurs who want to start smoothly as well as for experienced businesses eage...
Path: Blog...** visited Mauritius to discuss matters of becoming partners. The current plans include working in financial sector to develop international business potential of both countries. Presently, **Mauritius is a popular African territory for starting international business**. It is a competitive economy according to different factors. One of them is Mauritius double tax treaties with developed coun...
Path: Blog...in recommendation of the IMF is to create new, progressive tax regime, which will include earlier rejected value-added tax, sales tax and other variations. **This will let Hong Kong to remain an innovative offshore jurisdiction** highly rated by the international businesses.
Path: Blog...mported into Belize’s economic zones will raise from 2 to 3%.** The regime changes are implemented according to the OECD compliance requirements, and also to minimize abuse, tax evasion and any other negative factors for Belize’s Government.**international business Companies will enjoy preferential low-tax regime until October 2018.** The other transitions will be implemented soon, as Beliz...
Path: BlogEntrepreneurs are constantly busy finding new cost-effective ways of doing business. Accounting and bookkeeping are challenging for international business therefore more and more companies are choosing offshore outsourcing for these operations. Deloitte prognosed rapid growth of finance and accounting services outsourcing through next couple of years. That these actions are not core specializ...
Path: Blog**Barbados does not support opening to the public of its register of beneficial owners of enterprises**, Minister of Industry, international business, Commerce and Small Business Development, Donville Inniss, stated at the opening of the **Society of Trust and Estate Practitioners (STEP) Caribbean Conference**. He mainly addressed his speech to his counterparts in the British government. As a...
Path: Blog...ross-border tax evasion. Peru has taken all of the necessary steps to become a member of the **OECD Multilateral Convention on Mutual Assistance in Tax Matters** and also the **OECD Convention on Combating Bribery of Foreign Public Officials in international business Transactions**. This is the most comprehensive multilateral instruments on cross-border tax co-operation. These implementat...
Path: Blog...cussed that [Barbados does not support opening of its register of beneficial owners](https://www.offshorelicense.com/blog/detail/private-beneficial-ownership-register-barbados) of enterprises to the public, as was stated by the Minister of Industry, international business, Commerce and Small Business Development, Donville Inniss, at the STEP Conference. Recently, it was announced that the **Br...
Path: Blog*Offshorelicense Ltd is an outward-looking international business company that has demonstrated tremendous growth in recent years by providing the first-class services on the global stage. The company is a trustworthy turnkey partner in setting up an offshore company alongside offering a wide range of business solutions.* Our worldwide team of experts has an extensive experience in the **inter...
Path: Blog...tax-free jurisdiction on all business transactions and profits generated outside the United States without having to go through the restrictions of a US Corporation. It offers the possibility to have a US company with the similar advantages of an international business Company (traditionally called “offshore company”). Business registration in the state of Delaware can be processed in 48 ho...
Path: Companies...eaties to assist in international tax planning. The Private Limited Company is the most common type of company used in Cyprus and it is founded by one or more partners, up to 50. If structured correctly, can provide a tax-efficient way to conduct international business. The company must have a registered office in Cyprus and a local company secretary. The shareholders subscribe shares, monetary...
Path: Companies...aint Lucia satisfies the requirements of reputable professional advisors, intermediaries and clients - a stable social, economic and political system, strong regulatory environment, a diverse range of financial services including the registration of international business companies (IBCs) and much more.Payment processing options MasterCard, Visa N.B. Bank may change its tariffs at any ...
Path: Banks...aint Lucia satisfies the requirements of reputable professional advisors, intermediaries and clients - a stable social, economic and political system, strong regulatory environment, a diverse range of financial services including the registration of international business companies (IBCs) and much more.Payment processing options MasterCard, Visa N.B. Bank may change its tariffs at any ...
Path: Banks...ictions) Registered Secretary is required. Confidentiality Beneficial owners' details – Not part of public record Shareholders' details – Not part of public record Directors' details –Not part of public record Taxation international business Companies are exempt from taxes on income derived from outside of Cook Islands Registered Agent - Required Registere...
Path: LicensingTimeframe: within 3 weeks Minimum capital requirement: $ 250 000 but they only need to be declared on paper. No actual amount needs to be inserted.Overview In order to apply for a license the applicant must first establish an international business Company (IBC) in Comoros. This process takes approximately 48 hours from receipt of the relevant documentation. The IBC should ...
Path: Licensing...l age, confidentiality is paramount. St. Lucia's regulatory framework protects your business information, ensuring privacy and security for shareholders and directors. Business-Friendly Regulatory Environment: Navigate the complexities of international business with ease, thanks to St. Lucia's straightforward regulatory practices. The jurisdiction is renowned for its supportive approach...
Path: Licensing...ation, the Sophisticated Infrastructure, the Highly-Educated Workforce and the Favorable Tax System.Description As Cyprus has joined the EU, it has brought the country economic and political stability which transformed the island into an international business hub and a corporate service center.Also, since becoming a full EU Member State, Cyprus has adopted the EU Legislative Framework...
Path: Accounting...ation, the Sophisticated Infrastructure, the Highly-Educated Workforce and the Favorable Tax System.Description As Cyprus has joined the EU, it has brought the country economic and political stability which transformed the island into an international business hub and a corporate service centre. Since becoming a full EU Member State, Cyprus also has adopted the EU Legislative Framework...
Path: Accounting...growth and expansion of a business.Description Vanuatu is considered one of the tax heavens. And most of the reasons that support this claim are encouraging business development in the region. For example: Vanuatu international business Companies (IBCs) are exempt from paying any tax for the first twenty years. Light administrative regulations as compared to o...
Path: Accounting