Category: Tax Havens

  • Bermuda Spotlights Fintech Innovation at Consensus 2019

    NEW YORK–(BUSINESS WIRE)–May 15, 2019–Bermuda highlighted its world-respected regulatory and legal framework for fintech innovation business, as a delegation of government and industry experts returned for a second year to “Blockchain Week” in New York for Consensus 2019. Bermuda Premier David Burt describes the island’s fintech innovations in an interview with Paul Sweeney and Lisa…

  • USA Is Ever More Popular Tax Haven for Slovak Companies

    Bratislava, April 10 (TASR) – Since the beginning of 2019 an extra 33 Slovak companies with headquarters in tax havens have been set up, consultancy company Bisnode has found out. Bisnode’s latest analysis shows that interest in Cyprus, one of the top 10 tax havens, has been dropping, while that in the USA has been…

  • NuMoney Cryptocurrency Exchange Launch in Singapore. Malaysia & Indonesia Will Be Next.

    [box size=”large” style=”rounded” border=”full”]NuMoney Cryptocurrency Exchange is making alt-coin support a top priority[/box] SINGAPORE, April 12, 2018 /PRNewswire/ — After surpassing great milestones, like crossing SGD1.2 Million in turnover in their first 2 months, and SGD2.5 Million in January 2018, NuMoney is ready to advance towards their next huge milestone – The NuMoney Exchange. With the launch of the NuMoney Exchange on 6 April 2018,…

  • Offshore Tax Haven Marshall Islands to Issue National Cryptocurrency

    [box]A small island nation with less than 60,000 inhabitants best known internationally as a former test site for nuclear weapons is joining the hottest new trend – issuing a national cryptocurrency. The planned Marshall Islands’ Govcoin is expected to be issued later this year.[/box] Marshall Islands Govcoin ICO The Republic of the Marshall Islands plans…

  • Balanced Growth in Singapore as Economy Gathers Pace

    More individual investors from Japan, Australia, Indonesia, the UK and France set sights on Singapore SINGAPORE, Feb. 21, 2018 /PRNewswire/ — Singapore ended the year positively with 14,115 new businesses formed in Q4 2017, according to data presented in Hawksford Singapore’s latest research report, Singapore New Business Trends Report Q4 2017. Despite a 10.7% decline quarter-on-quarter (QoQ), Hawksford Singapore noted…

  • Panama’s Ministry of Economy and Finance Presents to National Assembly Landmark Legislation to Criminalize Tax Fraud

    President Varela’s Administration presented the bill as part of its ongoing commitment to greater financial transparency and international standards PANAMA CITY, Jan. 19, 2018 /PRNewswire/ — Panama’s Ministry of Economy and Finance presented yesterday to the National Assembly new landmark legislation to include tax fraud in the Country’s Criminal Code, which, if passed, will represent the latest in…

  • Macau to leave tax haven ‘blacklist’ after complying with EU rules

    Macau is soon to leave the European Union’s (EU) tax haven ‘blacklist’. This change is part of a proposal on the part of EU officials which aims to remove eight out of 17 jurisdictions from the list, which was most recently updated last month. Under the proposal, several news agencies reported that problematic jurisdictions –…

  • Get EU residency by buying a property in Cyprus

    At the moment there is a growing urgency for many South Africans to want to diversify and invest in offshore property to secure a Plan B; as the property investment offers an insurance against political instability and economic risk. Europe is by far still the preferred property investment destination as not only does the EU…

  • Why the Isle of Man is NOT a tax haven

    Forty-two years ago when former assessor of income tax Mark Solly published ’The Isle of Man: Anatomy of a Tax Haven’, tax havens were places where there was lower taxation than you had at home, where you could set up your trading company or family trust or even move in yourself. The motivation of those…