For the sake of ease, I am going to bundle Free Trade Zones (FTZ), Free Zones (FZ), Free Ports (FPs), Free Economic Zone (FEZ), Special Economic Zone (SEZ), and other variations thereof into the term Free Trade Zone (FTZ). There are differences between them but none that is universal. This…
Welcome to 2016! We are starting to run out of Caribbean jurisdictions to inspect. Dominica is however is one you definitely cannot overlook. It has a lot in common with Antigua and Barbuda and Saint Kitts and Nevis, with its easy-going banking regulations and citizenship by investment programme. This is…
Click here for Best Offshore Banks 2016. It’s that time of the year again. The time of the year when I crown the best offshore banks of the year. As usual, best in this context shouldn’t be taken to imply financial stability, regulatory stability, ease of account opening,…
Our last stop for this year’s journey across offshore jurisdictions and tax havens will be Antigua and Barbuda. Sometimes considered a David to the Goliath that is the US over its WTO and online gambling spat, this jurisdiction holds a special place to many. Good or bad. While not exactly…
It is finally time to tackle this issue, which is the biggest source of confusion for the would-be, could-be, and often shouldn’t-be offshore entrepreneur. You Pay Tax Where You Live In its simplest terms, this is what it comes down to. Merely transferring your personal wealth to an offshore bank…
Streber / the 10th of December 2015 One of the least reputable, most irresponsible jurisdictions in the world, the Comoros is often categorized together with Nauru as one of the two absolutely worst. Arguably, even TRNC is a more reputable jurisdiction than The Comoros. The difference is that The Comoros…
Why You (Might) Need One “I’m afraid I can’t answer that. You need to speak to a tax adviser.” That is a common answer to questions asked in the blog comments and forums here, and elsewhere. There are a number of reasons why you get this answer. The most common…
Marshall Islands… IBC legislation? Check. Mobile bearer shares? Check. LLC legislation? Modern, responsive corporate registry? Check. Politically stable? Check. Low tax even for resident persons? Check. Tiny banking sector giving it an internationally low profile? Check. Mostly clean reputation? Check. Maritime services (yacht registration, flag of convenience)? Check. Interesting flag?…
What is offshore web hosting? First of all, offshore can mean a lot of different things. In the financial services context, it is usually in reference to secretive and/or low-tax jurisdictions with favourable laws for incorporation, trusts, and banking. Jurisdictions such as Cayman Islands, British Virgin Islands, Switzerland, Belize, and…
This jurisdiction is only recognized by one other jurisdiction: Turkey, the nation that founded Northern Cyprus. Situation at the northern tip of Cyprus, The Turkish Republic of Northern Cyprus (TRNC for short) has been an eyesore to the EU since its inception. Although the Turkish invasion of Cyprus was justified…