Many entrepreneurs and individuals have heard about offshore banking, but are unsure about the benefits, legal implications, or even what it entails. By gaining a better understanding of offshore banking, entrepreneurs can decide whether it…
Tax havens under increasing pressure The global tax landscape has been changing quite a lot over the past few months, with more and more tax havens and offshore asset management centers giving in to demands…
A report by London-based research firm WealthInsight says that Singapore may overtake Switzerland in terms of offshore assets under management as early as 2020. Singapore currently has US$550 billion in assets under management, which is…
Bailout takes its toll on Cyprus Cyprus’ Parliament has passed legislation that will raise corporate taxes to 12.5% (up from 10%), increase levies on transactions by credit institutions by 0.04%, and double the tax on…
The Cyprus parliament has rejected the controversial bailout deal which was announced on Saturday, sending Cyprus President Nicos Anastasiades back to the drawing board. At first glance, news that a bailout plan for Cyprus has…
The Ministry of Finance (MOF) in Singapore has completed the review of the Companies Act and duly accepted 192 and modified 17 recommendations of the Steering Committee, the largest amendment of the Act since it’s…
From our friends at Invest Offshore The American dream. That picture will look slightly different to everyone, but the end result is often the same. Grow up, land a dream job straight out of high…
The good: legally minimise taxes and protect assets Anybody can incorporate a business. In our world today, both free and guarded economies alike permit foreign nationals to create businesses and commercial opportunities on their shores.…
Highlights some of the trends in offshore investing that have benefited entrepreneurs in their endeavours to expand their business into international markets. Offshore investing strategies are used for many reasons include legitimate tax minimisation and…
Have you ever considered taking your business offshore? Have you come up against concerns about the complexity of offshore company incorporation? Perhaps you’ve wondered whether an offshore company could really benefit you? No matter what…
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