Blog

Bermuda is added to the list of jurisdictions adopting an Economic Substance Regime. Bermuda is used by numerous insurance companies (for example: AIA in Hong Kong) in order to lower the costs and avoid stamp duty on shares. Insurance companies already have on the ground staff in Bermuda so this should not be a problem for them.

The Bahamas follow many other jurisdictions by adopting substantial economic presence requirements: activities must be conducted from the Bahamas.

The British Virgin Islands (BVI) adopts economic substance requirements applicable from 1 Styczeń 2019 (with a six-month transitional period for existing legal entities) if it conducts any of the following “relevant activities”: banking business insurance business fund management business finance and leasing business headquarters business shipping business holding business intellectual property business distribution and service centre business. If the economic substance fail, the BVI non-resident company needs to show that it is resident (and taxed) in another jurisdiction. Companies registered in the BVI are widely used in Hong Kong.

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

The low-cost model is spreading in many markets: airlines, tourism, manufacturing, housing, finance, itp… There was a time when the customers were doubtful regarding low-cost airlines (safety, reliability, itp). 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 (we are approaching the 10th anniversary of this website): the customers are starting to understand that they have been paying too much for some services. The debacles of some expensive competitors prove that very high priced operators are not a guarantee of trust & reliability. ... Czytaj więcej

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 EU Code of Conduct Group. If you want to re-domicile your Barbados company: Skontaktuj się z nami.

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 holding companies (holding shares of other companies). Penalty is: US$25,000 for the first offence, and US$100,000 for any subsequent one. If your IBC is a shareholder of any other company in the world: you are committing an offence. If you want to re-domicile your Belize ... Czytaj więcej

Chociaż nie jest w interesie tego bloga mówienie o walutach cyfrowych, Republika Wysp Marshalla jest interesująca (ponieważ jest to świetna jurysdykcja do włączenia do). W tym roku kraj przyjął: Deklaracja i wydanie ustawy o pieniądzach suwerennych 2018. Wyniki śledztwa: Wygląda na to, że prezydent Wysp Marshalla (Hilda Heine) ma (na nieszczęście) przekonany przez izraelski startup (Neema) że projekt był sposobem na zasilenie budżetu kraju 30 mln USD ; Z 12 mln nowych jednostek walutowych utrzymywanych przez rząd, and distributed ... Czytaj więcej

There was a time when Anjouan had a (tymczasowy) rynek finansowy (odszedł od 2005). Kolejny jest nadal online: called the MISA (Międzynarodowy Urząd Służby Mwali). Strona internetowa i przepisy są w języku angielskim: whereas the official language of the country is French. This Authority is completely fake, i jest dołączony do wyspy Mohéli. Everything is fake, including this fake bank. Ostrzeżenie pojawiło się od kwietnia 2014 by the Central Bank of the Comoros (chociaż tylko po francusku). Lista licencjonowanych banków jest tutaj: Są tylko 4 banki w kraju. Jest nawet ... Czytaj więcej

Co robią LLC?, LLP, Ciało S, i partnerstwa mają wspólne? Wszystkie są bytami tranzytowymi (po prostu: nie podlega opodatkowaniu podatkiem od osób prawnych). Zgodnie z nową propozycją podatku Trumpa, status podmiotów tranzytowych zostanie cofnięty i będzie opodatkowany na 15% federalna stawka podatku. Taki plan natychmiast przekształci wszystkie LLC w USA w korporację, jeśli chodzi o federalny podatek od osób prawnych. This however is to be compensated by switching the US to a territorial tax system. Po pierwsze: w momencie pisania, te propozycje nie zostały jeszcze zatwierdzone ani uchwalone jako ustawa. It ... Czytaj więcej