Category: Tax Havens
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Isle of Man at the China Offshore Summit
THE Isle of Man will be promoted as an international business centre at an event in Shanghai in October. Representatives from The ILS Group, Department of Economic Development and Capital International will attend the China Offshore Summit event on October 26 and 27. They will take part in a half day seminar event called The…
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Guernsey Funds Industry Continues Expansion
Statistics published on May 26 show that the value of investment fund business in Guernsey grew by GBP6.2bn (2.4%) during the first quarter of 2011. The increase represents the seventh consecutive quarter of growth and takes the net asset value (NAV) of funds under management and administration in the island to a new record high…
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New Zealand Offshore Financial Company
As the flow of wealth from many nations of tax advantaged, “offshore,” jurisdictions continues the need for and profitability of offshore banking services increases virtually day by day. The problem in this picture is that as the demand for offshore banking services has increased the ease of setting an offshore bank has become more difficult…
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St. Kitts-Nevis Asset Protection
The “sovereign democratic federal state” of St. Christopher-Nevis (as its 1983 constitution ceremoniously describes it), has a governmental form and name almost bigger than its population (45,000), and total land area (267 sq. km.). But this tiny West Indies island nation, known to the natives as “St. Kitts-Nevis,” has become very big in certain exclusive…
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British Virgin Islands as Offshore Financial Centre
The British Virgin Islands has reversed recent trends by becoming the only offshore financial centre to have its rating boosted in the latest Global Financial Centres Index (GFCI 9). The improvement comes against a backdrop of decline among all other offshore jurisdictions. The ninth edition of the GFCI revealed that the BVI has improved its…
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DeltaQuest Group Launches MyBankingLicense.com
Limassol, Cyprus, 03/21/2011 – DeltaQuest Group has launched another of their online specialized service portals: MyBankingLicense, which is specifically designed to assist clients in obtaining offshore banking licenses in over 15 jurisdictions worldwide. MyBankingLicense.com offers clients from across the globe assistance in acquiring both onshore and offshore banking licenses. The DeltaQuest Group consultants have expert…
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What is a Good Tax Haven?
A number of nations are commonly referred to as tax havens. Examples of what a tax haven offers include not taxing foreign income, little or no taxation, and favorable treatment of foreign investments. What tends to rile nations whose citizens take their money offshore is that many offshore jurisdictions offer a degree of privacy to…
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Investing Offshore To Avoid Tax
Some easy to follow indicators of a bad offshore centre, read this article to learn more about offshore investing. Check whether the country has a trouble-free history and a secure society. Countries with a history of civil war, military coups and civil unrest are definitely not right for banking or investment purposes. Steer clear of…