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Specialization and Focus

Specialization and Focus

The group is an offshore service provider which offers offshore incorporation in safe, confidential and stable jurisdiction, offshore foundation formation, global corporate structuring and in advising businesses and individuals seeking to protect wealth and who wish to trade and invest beyond their own national borders, offshore bank account introduction services, nominee services (directors and shareholders), offshore international merchant accounts, great customer support, affordable prices and a variety of supplementary services in the most desirable tax havens. This extends - but is not limited to - incorporation services, trust and trustee services, payroll services, procurement services, virtual offices, ... Read More »

Changes in the regulation of Seychelles IBCs – Companies Act Amendment 2011 (Accounting Records)

  A new announcement by the Seychelles Government was recently made in relation with companies incorporated there. According to the new rules Seychelles offshore companies are now required to keep full accounting records and supporting documents for a full seven years. Many users of such companies will find these new rules add unnecessary cost and time commitment to the Seychelles' offering of offshore vehicles. The main reasons of this change in IBC accounting are: to show and correctly explain the IBC's transaction, to enable the financial position of the International Business Company to be determined with reasonable accuracy at any time and to enable the accounts of the IBC to be prepared. The modified part of the Act is Section 65, by virtue of the Act No 20 of 2011. The new regulation is applicable within all existing IBC by 31st of ... Read More »

Offshore bank accounts hold assets worth of over $ 21 trillion

Offshore company formation, offshore banking, legal and tax consultancy are the industries that grows on peoples and companies need to maximize profits by legally reducing the amount of taxes paid for their investments.Estimations shows that world's richest people and companies has transferred to offshore bank accounts and offshore companies in various tax heavens between $ 21 trillion and $ 32 trillion, an amount larger that the entire economy of USA. International offshore financial centers are the main beneficiary of these funds, offering in return to investors zero or low tax regime, asset protection, confidentiality and the safety of their funds.The analysis was made by James Henry, former chief economist at consultancy company McKinsey, a well known expert on tax heavens, by studying data from Bank of ... Read More »

Seychelles

Seychelles - Offshore company - Overview Seychelles is a group of islands in the Indian Ocean, between the east coast of Africa and India. Most of you know Seychelles jurisdiction because of its natural beauty and the fantastic tourist destination it is. Seychelles is an independent Republic and one of the most progressive offshore centers in the world with competitive legislation, which makes incorporation relatively simple, whilst ensuring investor confidence and privacy. Seychelles has double tax treaties with Indonesia, Barbados, China, Oman, Qatar, UAE, Vietnam, South Africa, Zimbabwe, Malaysia, Botswana, Thailand, Mauritius and Cyprus making all jurisdictions of choice traders. The governing legislation for the formation of the versatile and most widely sought type of offshore company is Seychelles International Business Companies Act 1994. More recent legislation ... Read More »

Cyprus

Cyprus - Offshore Company - Overview The Republic of Cyprus enjoys a strategically beneficial location at the intersection of the traditional shipping routes between Europe and the continents of Asia and Africa. It's a hub of the busy trade routes linking Western Europe with Middle East and North Africa. While Greek and Turkish are the two official languages, English is wide spread, especially in the business community. The offshore regime in Cyprus for offshore companies has changed as part of the island's accession to EU, and as result of agreements with OECD. It also enjoys a wide network of Double Tax Treaties, becoming a dominant player for tax planning structures. Furthermore, Cyprus is renowned for its efficient, stable, and reliable banking system and effective professional sector, both ... Read More »