月度归档： 2019年4月
How to escape or avoid the new Economic Substance (ES) laws or regulations
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 (英属维尔京群岛). Such companies ... Read more
Anguilla adopted Economic Substance regulations
Anguilla has adopted Economic Substance regulations in a very detailed manner.
The Marshall Islands adopted Economic Substance Regulations
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, 总部业务, holding company business, 知识产权业务, 海运业务, 银行业务, 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
After having attracted investors and companies : the Isle of Man decides to triple kick them out
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.
Jersey drafts Economic Substance laws
Upcoming laws are to be adopted in Jersey regarding Economic Substance for companies.
百慕大采用经济实质制度
百慕大被列入采用经济实质制度的司法管辖区名单. 百慕大被许多保险公司使用 (例如: 友邦保险在香港) 为了降低成本并避免股票印花税. 保险公司已经在百慕大有当地工作人员，所以这对他们来说应该不是问题.
英属维尔京群岛 (英属维尔京群岛) 采用经济实质要求
英属维尔京群岛 (英属维尔京群岛) 采用适用的经济实质要求 1 一月 2019 (现有法人实体有六个月的过渡期) 是否进行以下任何“相关活动”: 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. 如果经济实质失败, BVI非居民公司需要证明它是居民 (并征税) 在另一个司法管辖区. 在英属维尔京群岛注册的公司在香港广泛使用.