Category: Offshore Company

  • Offshore Self Directed IRA

    Set-up a Foreign Account for Your U.S. IRA without Unrelated Business Income Tax (UBIT) or (UBTI) distribution tax problems If you search around on the web, you will find that there are many companies offering Self-Directed IRAs. You will find little actionable information on government regulated, registered and recognized foreign pension funds, investment accounts or…

  • Offshore Investing with an IRA

    The most common question asked about an overseas retirement account and an IRA. Can I Invest in a Business with my IRA? Surprisingly, yes you can invest in an active business with your retirement account. There are a many caveats and limitations, but you can usually lend money to a business, purchase shares in a…

  • How the 2015 changes will affect online merchants

    The 2015 VAT changes produce a number of challenges for merchants selling digital services. The changes herald a fresh start for the EU in terms of how they tax the digital economy but for merchants it is another layer of compliance that they need to meet.  Here are some of the issues that merchants must…

  • Held Captive! The Closely Held Insurance Company

    Captive Insurance – An Integrated Tax and Risk Management Solution [typography font=”Open Sans” size=”11″ size_format=”px”]by Gerald Nowotny[/typography] Captive or closely held insurance companies have been around a long time, at least fifty or more years. For most of their existence, captive insurance companies lived in relative anonymity and were mostly in the domain of public…

  • Explanatory notes offer clues to merchants on EU VAT compliance

    THE EU’s Explanatory Notes on the new VAT Directive for 2015 provide all the information that merchants need to ensure their EU VAT compliance. Compliance essentially boils to – as per the Explanatory Notes – “the relevant taxable persons would need to be able to process personal data of their customers in order to prove…

  • Deadline approaching to comply with new VAT on eServices

    THE new EU VAT on eServices comes into effect on January 1, 2015, and will – potentially – result in a host of administrative burdens for eMerchants. There are numerous issues ahead for businesses that have B2C sales of digital services in the EU. The new VAT rules only affect sales from a business to…

  • Culture Shock

    In a recent talk, Charmian Gooch of Global Witness stated that a recent study of 200 cases of corruption had shown that “70%… had used anonymous shell companies” and referred, a little disparagingly to “that nebulous phrase ‘weak governance’…”. Unlike a lot of other commentators, however, she also mentioned that they all use the international…

  • Offshore Company Formation Primer

    ‘One size fits all’ does not apply to offshore company formation. The choice will often depend on what your aims are, be it tax reduction, asset protection or wealth management on a larger scale. Here we take a look at the different offshore companies on offer and why they are used. Offshore Corporations, which are…