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Tax Engineering

Blog Offshore

Jun24
Offshore financial center in tax havens

Offshore financial centers What is it?

Financial centers are countries, territories or jurisdictions with very high concentration of financial institutions that contribute to large number of local or international operations with money, assets or commodities. The most world known financial centers count with highly developed communications and commercial infrastructure. This factor facilitates the execution of the operations. The world map of financial centers can be divided in two groups: offshore and onshore financial centers.

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Feb14
New list of high-risk countries for money laudering

List of countries that use EU Banks for money laundering on a large scale

New list of high-risk countries that use the European Union's financial system to launder money and finance terrorism.: Panama, American Samoa, Bahamas, Botswana, North Korea, Ethiopia, Ghana, Guam, Iran, Iraq, Libya, Nigeria, Pakistan, Puerto Rico, Samoa, Saudi Arabia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, the US Virgin Islands and Yemen

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Jan01
offshore foreign company

What is a foreign company?

A foreign company is a legal entity registered by one or several individuals outside of their country or countries or residence. This kind of company can be set up with an aim of reducing the tax liability and increasing the protection of the assets acquired by the company.

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Oct14
What is Beckham Law

What is Beckham law and how to take advantage of it?

The Beckham law allows the foreigners to take advantage of a special income tax regime by being taxed as non-residents for first 6 years of their residence. As a result instead of paying 45-48% of tax the foreigners are only subject to 19.5% (in some cases 24%) tax rate.

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Sep26
Special purpose entity

Special purpose entity to reduce tax liability

Special purpose entities are widely used in both, high and low tax states. The reputation and the usage of SPEs has always been connected to tax havens and offshore jurisdictions. However, onshore holding and multinationals also create this kind of flow-through entities to reduce tax liabilities and risks.

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Recent posts

Offshore financial centers What is it?

List of countries that use EU Banks for money laundering on a large scale

What is a foreign company?

What is Beckham law and how to take advantage of it?

Special purpose entity to reduce tax liability

You also can open a bank account in Andorra

Why and how to invest in gold?

What are the most famous tax havens?

FINANCIAL SERVICES

Offshore Company

Bank accounts

Prepaid cards

E-commerce package

Payment gateway

Online gambling license

Private foundations