Die Britse Maagde-eilande (BVI) aanvaar ekonomiese stof vereistes van toepassing vanaf 1 Januarie 2019 (met 'n ses maande oorgangstydperk vir bestaande regsentiteite) indien dit enige van die volgende "relevante aktiwiteite" uitvoer: banking business insurance business fund management business finance and leasing business headquarters business shipping business holding business intellectual property business distribution and service…

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Mauritius is phasing out their Global Business Companies (GBC) on the 30 Junie 2021. Only one single regime of GBC will survive, with 2 resident directors in Mauritius required, and a single 15% corporation tax rate.

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The low-cost model is spreading in many markets: airlines, tourism, manufacturing, housing, finance, ens… There was a time when the customers were doubtful regarding low-cost airlines (safety, reliability, ens). But within a decade: the prices were so low that the customers were too attracted to ignore them. After almost a decade of offering PROMINEE® services…

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After Belize, Barbados is the next country to alter their assets rules for IBCs and ISRLs (International Society with Restricted Liability). IBCs and ISRLs will be phased out on the 30th June 2021, and all companies will be converted into RBC (Regular Barbados Companies). This was done under the pressure of the OECD and the…

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It is not very surprising that Belize continues to shoot itself in the foot. It probably shows that this jurisdiction is just after your money (and they do not care about serving you). In two regulations (dated 2018 en 2019), the government has banned: all IBCs from holding Intellectual Property (!) all IBCs from being…

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While it is not in the interest of this blog to talk about digital currencies, the Republic of the Marshall Islands is of interest (as it is a great jurisdiction to incorporate into). This year the country adopted the: Declaration and Issuance of the Sovereign Currency Act 2018. Results of the investigation: It appears that the…

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Daar was 'n tyd toe Anjouan 'n (Tydelike) Finansiële mark (sedertdien weg 2005). Nog een is nog aanlyn: die MISA genoem (Mwali Internasionale Diensowerheid). Die webwerf en wette is in Engels: terwyl die amptelike taal van die land Frans is. Hierdie Owerheid is heeltemal vals, en is verbonde aan die eiland Mohéli….

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What do LLCs, LLPs, S-Corps, and Partnerships have in common? They are all pass-through entities (simply: not subject to a corporate taxation). Under a new Trump tax proposal, the pass-through entities status will be revoked and will be taxed at a 15% federal tax rate. Such plan will immediately transform all LLCs in the US…

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Belize het begin as 'n goedkoop jurisdiksie in 'n hoogs internasionale mededingende mark: die mark vir die inlywing van maatskappye. Dit is een van die slegte April -dwase. Volgens Belize Statutory Instrument No.. 11 van 2016 - Internasionale besigheidsondernemings (Gelde) Regulasies 2016, die lisensiegeld van Belize International Business Companies (IBC's) has been increased from US$100 to…

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The State of Delaware makes US$16 billion out of corporate fees alone (2015 rapporteer). This is the GDP of Malta or Iceland. Despite this, it took them 3 months to process a regular corporate document sent to the Division of Corporations: from October 2016 to January 2017. If you want a faster proceeding you have to pay…

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