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Benefits of RAK offshore company

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Benefits of RAK offshore company. Benefits of RAK offshore company Ras Al Khaimah, RAK is one of the best free economic zones in the United Arab Emirates and the benefits of RAK offshore company are numerous. Arab Emirates is a large country with a developed infrastructure and a variety of international services such as banking […]

Luxembourg Offshore Company Formation

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Luxembourg Offshore Company Formation. Luxembourg offshore company formation. The Grand Duchy of Luxembourg is located in the centre of Europe and is considered to be the major business and financial centre of the world economy. The main feature of Luxembourg’s economic development is the attraction of foreign investment. The country has a developed financial services […]

What is the standard set of documents of an offshore company?

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Standard set of company documents. One of the fundamental questions in the process of offshore company registration that is often asked is: What is the standard set of documents of an offshore company? Even though most of offshore companies use a fairly standard-format document, the required set of documents may vary depending on the offshore jurisdiction and […]

What is an offshore trust?

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Offshore trust. Offshore trust The concept of  “trust” is older than the concept of “limited liability company». Trusts are usually to be found in Common Law countries that explains its popularity among offshore jurisdictions. Offshore trusts operate in the following way: one person – the Settlor transfers its assets to another person, the Trustee, on […]

Opening offshore bank account

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Opening offshore bank account. Opening offshore bank account Nowadays it is almost impossible to build a business that will generate stable high income for a long time without the proper use of the opportunities offered by the global banking system. Conducting your financials in a professional and strategic style is a way of guaranteeing the […]

5 Simple Steps to Register a Company in Seychelles Islands

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Setting up companies in offshore jurisdictions, such as Seychelles Islands, is relatively simple and quick procedure. Nevertheless, it is necessary to be familiar with the rules and legislation  of a particular offshore, such as documentations and citizenship requirements, in order to avoid various adverse affects. Seychelles Islands for Offshore company Formation Offshore Seychelles is the […]

Financial Secrecy Index 2013

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Financial secrecy index. Financial secrecy index The Tax Justice Networks (TJN), a non-governmental organisation that focuses on promoting transparency in international finance, publishes the Financial Secrecy Index (FSI) every two years to reveal countries around the globe that offer safe heavens for companies and individuals looking to lower their taxes. The ranking of countries is […]

Tax heaven definition

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Tax heaven. Tax heaven Tax heavens are becoming increasingly popular among businessmen, entrepreneurs and large multinationals for establishing shell subsidiaries as a way to reduce the costs associated with taxation. Tax heaven can be called a tax shelter, an offshore or secrecy jurisdiction or an international financial centre. However, there is no commonly accepted definition […]

Tax minimisation scheme of large multinationals

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Tax minimisation scheme. Tax minimisation scheme Large global companies like Google, Apple, Lilly, Oracle, Facebook and Microsoft also take the opportunity to take advantage of using tax heavens in order to minimise costs. In fact, according to the US Government Accountability Office, 83 out of 100 largest public traded companies rely on their offshore subsidiaries […]

UK offshore and onshore companies

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UK offshore. UK offshore UK is unarguably an absolute leader in terms of economic and political stability and is one of the world’s most important business centers. UK is a member of EU and can bring prestige and high status to a company registered there. There are two types of methods of company incorporation in […]

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