A few days back the OECD, with great fanfare, announced that a global deal had been struck to equalize corporate taxes across the world at a minimum 15%.
The Pandora Papers is the latest offshore leak from the ICIJ to hit the wires and seemingly targets a few major offshore service providers and, by extension, their clients. Much has been made in the press about the “illegal” use of these corporate structures and how all these political exposed people use them to cheat their respective countries.
I’m often asked whether Offshore Companies are allowed to own property in the UK and the answer might surprise people. So please watch this video to find out the answer!
Subsequently, I run through a few banking options for you and also brief you on what a bank is typically looking for during the application process.