The Bahamas adopted substantial economic presence requirements

The Bahamas follow many other jurisdictions by adopting substantial economic presence requirements: activities must be…

The British Virgin Islands (BVI) adopts economic substance requirements

The British Virgin Islands (BVI) adopts economic substance requirements applicable from 1 January 2019 (with…

Mauritius is terminating its Global Business Companies (GBC)

Mauritius is phasing out their Global Business Companies (GBC) on the 30 June 2021. Only…

We are a low-cost provider

The low-cost model is spreading in many markets: airlines, tourism, manufacturing, housing, finance, etc... There…

Barbados says “no” to Intellectual Property

After Belize, Barbados is the next country to alter their assets rules for IBCs and…

Belize IBCs banned to be holding companies

It is not very surprising that Belize continues to shoot itself in the foot. It…

The Republic of the Marshall Islands (RMI) and their Sovereign

While it is not in the interest of this blog to talk about digital currencies,…

Comoros: Anjouan and Mwali do NOT have financial services

There was a time when Anjouan had a (temporary) financial market (gone since 2005). Another…

How Trump will affect US entities for non-US residents?

What do LLCs, LLPs, S-Corps, and Partnerships have in common? They are all pass-through entities…

Belize IBC: fee increase from US$100 to US$200 since 1st April 2016

Belize started as a low cost jurisdiction in a highly international competitive market: the market…