Tag: BVI
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Countering the Narrative: The Real Role of British Overseas Territories in Global Finance
Recently, the Tax Justice Network (TJN) released a report ranking the British Virgin Islands (BVI), Cayman Islands, and Bermuda as the “most complicit” jurisdictions in helping multinational corporations avoid paying corporate income tax. The report claims that British Overseas Territories and the UK are responsible for an estimated $84 billion in lost corporate tax revenue…
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Navigating the Challenges: Wealth Planning Solutions for Russia’s Super-Rich
In the wake of geopolitical tensions and regulatory crackdowns, Russia’s super-rich find themselves facing unprecedented challenges in wealth planning and asset protection. With traditional havens such as Cyprus and Switzerland imposing bans on providing management services to family trusts with Russian nationals, the landscape for passing on fortunes has become increasingly complex. In this blog…
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Offshore Ship Registry Choices from Super Yachts to Shipping Giants
In the world of offshore investments and operations, the choice of ship registry is a crucial decision for yacht owners and shipping companies alike. This choice not only affects the legal standing and operational flexibility of the vessels but also has significant financial and regulatory implications. Among the preferred jurisdictions for ship registration, the Marshall…
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The Business World Without Borders
Top 10 Jurisdictions for Offshore Company Incorporation An Offshore Company Incorporation can offer various benefits like privacy, tax optimization, and easier international operations. However, it’s crucial to choose the right jurisdiction based on your specific needs, as each has its own set of rules, costs, and advantages. Here are ten notable jurisdictions for incorporating an…
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Top Five Countries to Set Up an Offshore Company
In an increasingly globalized world, many businesses are looking to expand their operations beyond their home countries. For various reasons — ranging from tax benefits to asset protection — entrepreneurs and corporations consider setting up offshore companies. But where are the best places to do this? Here’s a look at the top five countries for…
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Russian Expats and Their Favorite Tax Havens
A Glimpse into Wealth Migration The term “tax haven” often elicits images of tropical islands or secretive nations where the rich stash their wealth. For Russian expatriates, especially those with considerable resources, tax havens have become an increasingly attractive option to safeguard their assets and minimize tax liability. This phenomenon is not isolated to Russia;…
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British Virgin Islands Announces Digital Currency
Government, LIFElabs.io to develop BVI~LIFE™, a digital currency for the betterment of the territory. Tortola, British Virgin Islands – December 3, 2019 – As part of an on-going initiative to grow the Financial Technology sector, the British Virgin Islands is hosting its BVI Digital Economy symposium on December 3rd. The event will connect over 100 stakeholders…
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The Crucial Role of Offshore Centers in the Global Economy
[box size=”large” border=”full”]Industry representatives in the British Virgin Islands are shouting it from the rooftops: BVI’s financial services sector is a boon to the global economy.[/box] [box type=”note”]A recently released economic impact report commissioned by BVI Finance shows:[/box] 417,000 companies are registered in BVI The companies have US$1.5 trillion in global assets The sector supports…
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Ten Wealth Building Myths
Top Ten Wealth Building Myths [box size=”large”]For those who don’t know that they don’t know: A test to measure any U.S. Person’s level of misconception about wealth building and offshore investing.[/box] U.S. Person Wealth Building Myths are: Myth No. 1 You can’t build wealth without a reduction of your spendable income. Myth No. 2 There…