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Switzerland

Taxation in Switzerland Switzerland is a federal republic and is officially known as the Swiss Confederation and is a landlocked country in Western Europe. The country borders with Germany, France, Italy, Austria and Liechtenstein. Switzerland has one of the highest levels of life quality of the world. It is divided in to 26 Cantons and every Canton and every community has a different taxation system. Many international organizations have established their representative offices in Switzerland, but the country has decided not to join the EU. The term of offshore company is not used in Swiss legislation or in a company description forms even if they offer tax-privileged treatment to that obtainable in offshore jurisdictions. Switzerland has a prosperous and stable modern economy with a per capita GDP approximately 10% ... Read More »

Panama

Panama - Offshore company - Overview Panama occupies an area that connects north and South America, being bordered on all forth sides by Costa Rica, Colombia, Caribbean Sea and Pacific Ocean. Panama jurisdiction has become one of the most important tax havens of the Western Hemisphere, due to its structure, geographical position, political stability and economical characteristics. The country has taken very important steps for economy modernization and promotion of foreign investments, becoming equally well known as a favorable and stable international offshore financial center, with hundreds of offshore banks, and thriving business of offshore incorporations. Most Panamanian and foreign investors choose to form Corporations. The country does not impose any restrictions on incoming and out coming monetary transfers, no exchange controls, currency limitations and reporting requirements. ... Read More »

British Virgin Islands

BVI - Offshore company - Overview The economy of British Virgin Islands is one of the most prosperous and rapidly developing among other Caribbean economies. Offshore company legislation offering the possibility to incorporate in the country was adopted by the Government in 1985.The first International Business Companies Act was adopted in 1982 which enables for the establishment of tax exempted offshore companies having minimal compliance requirements and complete confidentiality of details. The British Virgin Islands have one of the most successful legislative systems supporting offshore activities. In 2005 a new BVI Business Companies Act came into force, which represents a further development in the already outstanding BVI offshore corporate legislation. The new Act removes any former distinction between a local company and an offshore company, promoting only ... Read More »

Delaware

Delaware - Offshore company - Overview Delaware is located on the Atlantic coast, halfway between New York and Washington D.C. being one of the smallest states in the US. Delaware is the leading jurisdiction for the incorporation of companies in US (more than half of the Fortune 500 companies and more 30% from the companies listed on the New York Stock Exchange and American Stock Exchange). Delaware jurisdiction has a very stable democracy and is well known as the most popular offshore jurisdiction for offshore companies. The offshore company registration process is one of the most fastest and easiest in the world. One of the most important advantages of Delaware jurisdiction is the state's internationally renowned Court of Chancery which deals exclusively with corporate matters. Judges of this ... Read More »

Singapore

Singapore - Offshore company - Overview The Republic of Singapore is an island state, located at the southern tip of Peninsular Malaysia. It is one of the smallest countries in the world and the smallest in Southeastern Asia. One of the original tiger economies, Singapore jurisdiction is now a major international financial and trading center for establishing an offshore bank or offshore companies that rivals Hong Kong as the world's biggest container port. Singapore jurisdiction has a reputation for being highly regulated, while in reality, it is a carefully administered jurisdiction. Singapore's economy has been ranked as one of the least corrupted of the world, one of the top financial centers with the most business-friendly environment. Singapore jurisdiction is a cosigner to a number of double tax ... Read More »