Search result for " offshore "
4 common misconceptions about offshore business
If you have stumbled across our blog, chances are that you have already heard about “offshore business” many times before. Lately, the term frequently appears on newspapers, television, the Internet, during business lunches, meetings and conferences; and more often than not, with a negative image associated with it. Especially...
Anguilla: a tourist and offshore centre in the Caribbean.
A British Overseas Territory like the Cayman Islands and BVIs, Anguilla did not benefit from the UK’s increased development funding to Caribbean Commonwealth countries. Although Anguilla does have a small financial and fiduciary industry, this activity is not on the scale found in other nearby jurisdictions such as Belize,...
Why offshore companies aren’t always great holding vehicles
Offshore vehicles are often recommended as a tax-efficient way to hold personal assets. While this is sometimes true, it does not extend to all situations or asset classes. In particular, holding shares in international companies through an offshore structure can have unfavourable tax consequences thanks to withholding taxes on...
How to choose the perfect offshore jurisdiction
There are a lot of offshore jurisdictions that promise special incentives to foreign investors. Some offer complete tax exemption, while others have extensive network of double tax treaties, promote business flexibility or protect the privacy of the shareholders. So, how do you choose the jurisdiction that is most suitable...
What is Offshore Banking
Definition The term ‘offshore banking’ refers to having a bank account in a bank that is located in a country outside the country of residence of the depositor. Offshore banking is often associated with tax-exempt, or low tax, jurisdictions that provide a set of advantages for its customers. Offshore...
Offshore Company Formation Options in the Middle East
Original article was published on 25 November 2011 The Middle East region has attracted significant investment, especially Dubai over the last 10 years or so. There are great ‘before & after’ images circulating around the web that show Dubai before the huge boom in construction. As Dubai has matured...
Healy Consultants Group PLC’ favourite offshore jurisdictions 2015
Offshore vehicles can be useful for many reasons, including holding your assets offshore. We’ve compiled a list of our five favourite offshore jurisdictions for 2015 below, and for more information and extra ideas for tax-efficient companies, visit our page on offshore company options. Click on the image to download...
Mauritius – 5 Great Reasons to Register an Offshore Company
Photo credit: Hyroglyph Mauritius is a beautiful island off the coast of Africa and images of gorgeous sandy beaches and palm trees swaying in the breeze float into my mind when I think of this exotic paradise. Did you know that this is an ideal place to set up...
The Seychelles as an offshore centre
Photo Credit: Nicolas Raymond under CC BY-NC-SA 4.0. The beachy archipelago of the Seychelles is a prominent offshore jurisdiction popular with investors and high-net-worth individuals all over the world. The beautiful, sun-soaked islands take after several similar localities that have built significant centres for offshore business and investment, like...
Protecting your investments with an offshore vehicle when you move abroad
Many of our clients move internationally for work, which sometimes means moving from jurisdictions that only tax local income to jurisdictions that tax worldwide income. If their investments over the years have generated significant overseas assets, the cash generated by these assets will now be taxable in the new...