Tag archives for Switzerland

International Banking

Offshore Banking Explained

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 is relevant to their company, and to their own investments. Technically speaking, an offshore...
Continue Reading »
Markets and Finance

Hong Kong tax update

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 by governments and regulators to increase transparency and open their books to official scrutiny....
Continue Reading »
Markets and Finance

Singapore may overtake Switzerland as world’s largest offshore wealth hub

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 up more than tenfold since 2000. The report said that Switzerland’s assets under management...
Continue Reading »