Britské Panenské ostrovy (BVI) přijímá požadavky na ekonomickou podstatu platné ode dne 1 Leden 2019 (s šestiměsíčním přechodným obdobím pro stávající právnické osoby) pokud vykonává některou z těchto "relevantních činností": bankovnictví podnikání pojišťovnictví podnikání správa fondů podnikání finance a leasing obchodní ústředí podnikání lodní doprava obchodní holding podnikání duševní vlastnictví podnikání distribuce a servis…

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Mauricius postupně ukončuje své globální obchodní společnosti (GBC) Na kartě 30 Červen 2021. Přežije pouze jeden jediný režim GBC, s 2 Požadují se rezidentní ředitelé na Mauriciu, a jeden 15% Sazba daně z příjmu právnických osob.

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The low-cost model is spreading in many markets: airlines, tourism, manufacturing, housing, finance, atd… There was a time when the customers were doubtful regarding low-cost airlines (safety, reliability, atd). 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 and 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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There was a time when Anjouan had a (temporary) financial market (gone since 2005). Another one is still online: called the MISA (Mwali International Service Authority). The website and laws are in English: whereas the official language of the country is French. This Authority is completely fake, and is attached to the island of 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 started as a low cost jurisdiction in a highly international competitive market: the market of incorporating companies. This is one of those bad April fools. According to Belize Statutory Instrument No. 11 z 2016 – International Business Companies (Fees) Regulations 2016, the licence fee of Belize International Business Companies (IBCs) 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 report). 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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