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18 Feb, 2019
BVI passed the Economic Substance Act, due to the lack of tax transparency in the territory, in order to avoid BVI to be included in the EU list of the non-cooperative jurisdictions for tax purposes...
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13 Dec, 2018
Investing in a yacht is an esteemed milestone in any successful businessperson's life, no matter how successful they were previously: a yacht purchase signifies the ability to invest into more than just a business, combining traveling and leisure time in the best way possible...
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21 Jun, 2018
The main goal of an offshore jurisdiction is to create a welcoming business environment and one that favors the taxation of a locally incorporated company. The tax advantages of opening an offshore company are the first that come...
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03 Aug, 2017
Lack of efficient ways to receive financial information from foreign countries has been a serious obstacle to the government's desire to impose tax on residents' income received and stored abroad...
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27 Jun, 2017
Financial service and tax "robotics" (or human "robotics" in the financial sector) is closer than we think...
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05 Apr, 2017
During the last few months, this sector has been under fire. Commonly referred to as "offshore", but what exactly does it mean, what do offshore people do? More importantly, what is its contribution? Should we continue with this sector?
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30 Mar, 2016
Cyprus became an independent and sovereign republic on 16 August 1960. Before that it was a British colony and many features of the British legal system have remained embedded in the judicial system of Cyprus...
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30 Sep, 2014
Roy Saunders examines the means and methods by which international investors can invest in UK real estate.
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14 Aug, 2014
Since his inauguration in January 2009, President Obama appears to have been on a mission to claw back billions of tax dollars he claims the US is losing each year. A progressive regime of new laws and policies has been introduced to attack US individuals and corporations seeking to (legally) limit their tax obligations through the use of overseas jurisdictions.
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22 Nov, 2013
Most of us tend to forget the fact that there is an enormous difference between the operation of the two types of bank account mentioned above. First of all, however, we should clarify exactly what we mean by offshore and onshore banking. It will be easier to understand the difference between the two if we look at the second one first. In the case of onshore banking, speaking strictly about corporate accounts, the company generally opens an account in the country in which it is registered, which also tends to be where the owners live or are resident and where the company carries out its business activities.
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