One of the first problems that you will face as a newly minted IBC or offshore trust owner is finding, and opening, banking facilities online. It definitely has been getting harder. However, in this guide, I will show you exactly How to Open Belize Bank Account Online.
Privacy has become a very real concern in 2022 as a myriad of data leaks continue. Subsequently, there are significantly more reasons now to form an Offshore Company with Nominee Director in place.
As Offshore Trusts have become more readily accessible by the average individual, so too have they become the vehicle of choice for tax structuring. Having an Offshore Trust and Loan to a Beneficiary has been one of the chief mechanisms for avoiding tax on distributions. However, it isn’t as straightforward as it might first seem, and, in this guide, I will explain why.
The past few decades have seen Belize grow in stature as an offshore tax haven jurisdiction that had aspects of privacy and tax effectiveness. Unfortunately, this led to significant pressure being placed upon the Belizean government from the OECD. Subsequently, recent changes now mean that the Belize IBC Taxation regimes have changed significantly.
The UAE is probably one of the most exciting options of 2022 and, as the country continues to mature as an offshore finance hub, could morph into being seen as the Switzerland of the Middle East. From Free Trade Zone companies (RAK) to UAE offshore entities, the offshore sector really offers something for everyone.
This year (2022) has really been all about capital preservation and asset protection in light of the pandemic and the associated economic slumps. Subsequently, the ubiquitous offshore trust has become the topic of discussion with many of my consulting clients.
Choosing the country that you form your new offshore company in is probably one of the most important decisions you will make. It can impact both your business operations as well as the laws and tax treatment that you receive.
As many of you will be aware, the New Zealand Companies Act was amended in 2014 and this caused somewhere of a ruction given that a new requirement was introduced requiring a resident director. Subsequently, I have been receiving lots of emails querying how one goes about finding a Nominee Director NZ.
Over the years, offshore hedge funds have become relatively common given their lower levels of regulation and cost. However, there is little information available on how to go about Starting an Offshore Hedge Fund. Subsequently, in this guide I will do my best to cover the major issues.
One of the questions I regularly receive… Is It Legal to Have an Offshore Company … and I can understand why.