Category: Okategoriserad

Från tid till annan: nya kunder frågar eller söker efter recensioner av PROMINEE®, men de kan inte hitta några. Tyvärr för de nya kunderna, de glömmer att PROMINEE® är precis som de tillhandahållna tjänsterna: diskret. Detta leder till den andra punkten: Positiv feedback tas emot från nöjda kunder, men om deras namn inte kan publiceras, what value or authority do they have to others?… Third point: publishing reviews of customers on the website with changed names defeats the purpose, in all cases the reviews are meaningless. In the next few months: some case examples of problems and their solutions will ... Read more

Det är över! Regimen för Dominicas internationella företagsbolag är officiellt avskaffad från den 1 januari 2022. Dessa företag har möjlighet att omregistrera sig som ett lokalt företag (deadline var 31 december 2021) och vara föremål för Dominicas lokala 25% företagsskatt. Alla lokala agenter är därför i konkurs. Det enda alternativet som finns är att överföra alla tillgångar till ett annat företag så snart som möjligt. You can contact us if you need it. Dominica är ett läroboksfall för uppkomst och fall av en instabil jurisdiktion. It has been reported previously that the ... Read more

Effective 1st of April 2020: the yearly maintenance fee increases from US$450 to US$500 for all LLCs and IBCs. Partnerships and Foreign Maritime Entity (FME) are unchanged. This increase is due to the cost of compliance with the Economic Substance regulations pushed by the European Union onto the Marshall Islands. Talking about Sovereignty: do not be surprised Brexit happened. After all the Marshall Islands are not in the EU so it is easy to walk on them. It was written already: the Article 4(2) of the Treaty on European Union respects other Member States only. Let’s send a big thank ... Read more

Under the pressure of the OCED and the EU: Dominica abolishes the previously granted 20 years tax exemption to all IBCs. Taxation rate will now be 30% of worldwide profits starting on the 1st January 2022. Full legal reference: Internationella affärsföretag (Amendment) spela teater, 2019, SPELA TEATER 2 av 2019 http://www.dominica.gov.dm/laws/2019/International Business Companies (Amendment) Act 2019.pdf

On its way to the US Senate, this bill (H.R. 2513) will make mandatory the disclosure of beneficial owner(s) of any LLC or Corporation: anybody with more than 25% ownership. Annual reports will be made to FinCEN. The disclosed information will not be publicly available. The data to be disclosed will be: the full legal name ; the date of birth ; the current residential address ; and the current valid passport number (or valid US state driver license number). Exempted entities are: insurances, banks, any SEC regulated entities, churches, or 501(c) non-profit entities. View the full legal text for ... Read more

The worldwide industry of non-resident, low tax or tax neutral companies is panicking: all the big accounting firms (Deloitte, Ernest and Young, KMPG, and PWC) have been overwhelmed by a wave of recent legislation adopted by many jurisdictions at once. The call (shot?) has been made by the European Commission in Brussels regarding the non-cooperative tax jurisdictions. Some people will believe that it targets only small players, and others will believe that it only affects big players. In fact it is targeting every body. The biggest players affected are Chinese companies incorporated in the British Virgin Islands (BVI (Brittiska Jungfru)). Such companies ... Read more

Anguilla has adopted Economic Substance regulations in a very detailed manner.

The Marshall Islands adopted Economic Substance Regulations applicable from the 1st January 2019. However it is interesting to note that: it applies strictly to relevant activities (distribution and service center business, financing and leasing business, headquarters business, holding company business, intellectual property business, shipping business, banking business, and insurance business) holding company business is defined as pure equity holding company a pure equity holding company is subject to a reduced economic substance test the entities must provide the relevant information if requested by the Registrar it seems to apply to Master Series LLC only (and not each Series) an entity ... Read more

Like their flag with three legs: the Isle of Man prepares to triple kick with sanctions all the investors or companies that do not pass their economic substance’s tests.

Upcoming laws are to be adopted in Jersey regarding Economic Substance for companies.