Офшорная зона — что это такое, зачем нужны, классификация всех офшорных зон мира

Сегодня большинство предпринимателей желает строить и развивать свой бизнес только в офшорных зонах. Попробуем узнать с чем же это связано.

Офшорной зоной считается государство или любая часть его территории с действующим безналоговым режимом. Офшор является одним из эффективнейших методов налогового планирования. Суть данного способа заключается в законодательстве различных государств, которое полностью или частями освобождает от уплаты налогов иностранные фирмы. В таких зонах есть все условия для практически анонимного ведения дел, и существует также облегченная система регистрации юридических лиц.

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Что такое офшорные зоны?

Офшорные зоны – это разные страны, города или районы, в которых происходит очень небольшое вмешательство в бизнес со стороны государства, создавшего офшорную зону. Это вмешательство может и отсутствовать.  Офшорной компанией не ведется хозяйственная деятельность в стране ее регистрации. Собственники офшорной компании считаются нерезидентами этих государств.

Зачем нужны офшорные зоны

Офшорные зоны играют важную роль в разных схемах перекачивания финансов:

• В легальных финансовых сделках, которые требуют конфиденциальности;
• В криминальных операциях.

Офшорные зоны выполняют следующие функции:

1. Регистрация морского и воздушного транспорта. Эти зоны являются каналом для морской торговли и упрощают течение зарубежных финансовых потоков.
2. Страхование. Большое количество офшорных центров регистрируют страховые компании и фирмы для работы на страховом рынке.
3. Банкинг. Обычно, некоторые офшорные зоны предоставляют лицензии на занятие банковской деятельностью.
4. Хранение. Некоторые бизнесмены, желают сберегать свои средства в защищенных и безопасных местах. В офшорных зонах предоставляется возможность сохранять свои средства, свободно ими распоряжаясь, избежать политическую нестабильность, скрыться от высокого налогообложения, а также свободно перемещать свои сбережения по всему миру.
5. Ведение бизнеса. Ведя внешнеэкономическую работу, фирме необходимо сделать проще документооборот, уменьшить налоги, преувеличить потоки финансов, гарантировать стабильность бизнеса, а также уберечь свою фирму от неправомерных действий государственных фискальных органов. Решением данной проблемы выступает организация бизнеса в офшорных зонах.
6. Импорт основных средств. Для импортирования товаров или бизнеса, не оплачивая НДС и сбор таможни можно закупить товар на офшорную фирму и внести данный товар или бизнес как уставной фонд в СП.

Особенности офшорных зон

Бюджет офшорных зон наполняется финансами не с оплачиваемых налогов, а от ежегодных фиксированных платежей за работоспособность фирмы. Обычно офшорными зонами выступают государства с небольшой территорией и с невысокой численностью населения. По этой причине поступлений в бюджет от этих ежегодных платежей полностью хватает чтоб поддерживать жизнь в стране на высоком уровне. Кроме этого, происходит приток различных инвесторов и предпринимателей, и открывается большое количество рабочих мест.

Основная прибыль офшорных зон состоит из:

• Сбора за регистрацию или перерегистрацию фирмы, или компании;
• Налоговых поступлений;
• Расходов офшорных компаний на обеспечение работоспособности своих представительств.

Отличительные признаки офшорных зон

Выделяют следующие признаки, характеризирующие офшорную зону:

• Льготных характер налогообложения.
• Отсутствующий валютный контроль.
• Анонимность ведения предпринимательской деятельности.
• Невысокие требования для существования компании.

Классификация офшорных зон

Можно по-разному подходить к классификации офшорных зон. В основном их классифицируют по следующим факторам:

По налогообложению. Многие предприниматели каждый год регистрируют свою деятельность в офшорных зонах из-за низкого уровня налогообложения. В некоторых зонах обязательный налог отсутствует вообще. По этой причине, можно надеяться на получение большей прибыли. Однако, льготы на налогообложение во всех зонах разные, и можно выделить такие виды офшорных зон:

• Классические (с нулевым налогообложением. В таких зонах нет надобности в сдаче отчетов. Государству фирмы оплачивают каждый год определенную пошлину. С нее не взимаются налоги.
• Территориальное налогообложение. В таких зонах налог платится с прибыли, от бизнеса, осуществленного в данной офшорной зоне.
• Предусмотренное освобождение от уплаты налогов с некоторых видов деятельности.
• Без налогообложения деятельности некоторых юридических особ.
• С невысоким уровнем налогообложения на прибыль. В этих странах установлены очень низкие налоговые ставки для привлечения инвестиций, а также для стимуляции экономического роста государства. К этим зонам относятся: Ирландия, Кипр, Эстония, Португалия и другие.

По законодательной среде. Регистрируя свой бизнес на территории различных других государств, компании соглашаются с прописанными правилами ведения деятельности в законодательствах данных стран, а именно про процесс регистрирования бизнеса и контроля за ним различными государственными органами. Законодательная база классифицирует по следующим параметрам офшорные зоны:

По правилам регистрации деятельности:

• Свободные, где для регистрации деятельности нужно заявление и копии учредительных документов. Данные документы предоставляются на английском языке.
• Формальные, для регистрации фирмы, кроме учредительных документов, необходимо иметь некоторые дополнительные документы из страны, где ведется основная деятельность.

По характеру контроля финансовой отчетности. Зоны, где не требуется ведения и предоставления государственным органам финансовой отчетности;

По уровню конфиденциальности:

• Открытый реестр, требующий раскрытой информации от бизнесменов.
• Умеренный реестр, требует от бизнесменов размещать публично информацию про самых важных своих акционеров и доли, которые им принадлежат.
• Закрытый реестр, обеспечивающий анонимность бизнеса.

По лояльности к субъектам. Выбор офшорного государства для открытия в нем центрального офиса компании является не легким заданием. Предприниматели ищут зону с самыми удобными условиями для ведения деятельности и с хорошей репутацией. По лояльности выделяют следующие виды офшорных зон:

• Классические. У данных зон можно выделить такие преимущества: отсутствие налогов, предприниматели каждый год сплачивают разовый символический сбор, деятельность не проверяется государственной властью, необязательно вести и сдавать отчетность. Предоставляется полная анонимность и конфиденциальность бизнеса. В таких зонах могут происходить нелегальные сделки или незаконные финансовые операции.
• Престижные. Среди их преимуществ необходимо отметить    следующие: невысокие налоговые ставки, высокое доверие среди зарубежных партнеров, выгодное транспортное соединение. Однако, в этих зонах   необходимо предоставлять в специальные органы государства финансовую отчетность и    раскрывать информацию про характер деятельности и про его владельцев.

Основные характеристики офшорных компаний

Выделяют такие основные характеристики офшорных фирм:

1. Обычно, офшорные компании являются нерезидентами по отношению к государству, в котором они регистрировались. Центр контроля и управления таких компаний расположен за рубежом.
2. Офшорные фирмы, обычно освобождаются от основного налогообложения. В данном случае налог относительно невелик, или каждый год выплачивается минимальный сбор.
3. Облегчена процедура регистрации и управления фирмы.
4. Упрощен или полностью отсутствует валютный контроль. Иногда не требуются аудиторские проверки.
5. Анонимность и конфиденциальность офшорного бизнеса, гарантирована законодательством.

Как использовать офшорные зоны

Офшорные зоны обычно используют в следующих целях:

1. Для международного налогового планирования, чтоб уменьшить размер налогов;
2. Для скрытия реальных хозяев бизнеса. Сегодня офшорный бизнес очень изменился, ведется борьба с незаконным отмыванием капитала и международным терроризмом. Чтоб офшорные зоны не могли использоваться в преступных целях создано множество условий.
3. В данных зонах упрощены операции, и можно обойти некоторые ограничения.

Регистрация офшорных компаний и ответственность

Открыть офшорную фирму можно лично. А можно воспользоваться услугами фирмы, специализирующуюся на регистрациях и открытиях офшоров. Выглядит все вроде как просто, открыл компанию и работаешь, однако, не все так просто.

Открывая компанию, предприниматель имеет дело с движением капитала и для этого он должен получить разрешение от национального банка. А получить данное разрешение непросто. А действуя без данного разрешения необходимо помнить про уголовную ответственность.

Офшорные схемы

Разработано много различных офшорных схем, которые позволяют уменьшить налогообложение. Выбор офшорной схемы напрямую зависит от заданий, поставленных фирмами.

Рассмотрим распространенные офшорные схемы:

1. Фиктивные юридические лица:
   • для разовой деятельности;
   • для выполнения неоднократных операций;
   • чтоб укрепить механизмы.
2. Экспортно-импортная деятельность:
   • искусственные изменения расходов или доходов;
   • скрытие проведенных операций;
   • экспорт по очень заниженной стоимости;
   • экспорт по очень завышенной стоимости;
   • контрабанда;
   • псевдоимпорт и псевдоэкспорт.
3. Возмещение из бюджета НДС, карусельные схемы;
4. Проведение деятельности с ценными бумагами;
5. Перестрахованию;
6. Деятельность по конвертации капитала;
7. Сотрудничество с нерезидентами.

Классические офшорные схемы

В торговых схемах офшор — это посредник между реальным покупателем и поставщиком.

Экспортируя товары или услуги через офшорную зону, цена понижается до самой минимальной возможной, а потом фирма перепродаст ее реальному покупателю по настоящей цене. Прибыль за сделку при этом останется у офшорной фирмы. Импортируя товар через офшорную зону, цена снижается, чтоб минимизировать суммы налога и таможенных сборов. Кроме этого, необходимо учитывать таможенную стоимость, поскольку цена очень низкая может вызвать рост налога на прибыль, а очень высокая цена – к таможенным платежам.

Поэтому необходимо рассчитать оптимальную стоимость, при которой вся сумма государственных сборов и платежей будет минимальной.

Рассмотрим распространенные классические офшорные схемы:

1. Агентская схема.
2. Строительная схема.
3. Производственная схема.
4. Транспортная схема.
5. Схема оказания услуг.
6. Полугодовой кредит.
7. Выплата роялти.
8. Схема регистрации новых предприятий.
9. Давальческая схема поставки сырья через офшорную компанию.

Чёрные списки офшорных зон

Во многих развитых экономических государствах ведутся списки стран, которые считаются офшорными. Обычно, именно данные списки называются «чёрными» и их ведут следующие организации:

1. Организация экономического развития и сотрудничества (ОЭСР).
2. Международная организация по борьбе с отмыванием криминальных капиталов и финансированием терроризма (ФАТФ).

Ознакомившись с «черными» списками, предприниматель может защитить свою предпринимательскую деятельность от неприятных последствий.

Итак, решив открывать или развивать свой бизнес в любой из офшорных зон, необходимо учесть, что далеко не все европейские компании желают иметь дело с фирмами, зарегистрированными в офшорных зонах. Перед тем как сделать окончательный выбор, нужно подробно изучить все про офшорную зону, чтоб преуспевать и не рисковать своим бизнесом.

Оффшорная зона — список

Для создания порядка и определенной системы, в мире появилось определенное количество списков, которые включают разные страны. Это могут быть, как белые, так и черные списки, созданные влиятельными мировыми организациями или списки составленные, каждой страной индивидуально. Целью данных списков является контроль над передвижением капитала из страны в стану, в соответствии с многочисленными стандартами налоговой прозрачности, и с целью борьбы с отмыванием денег и финансированием терроризма.

Зачастую основными участниками оффшорных списков являются классические оффшорные юрисдикции, такие как Белиз, Панама, Невис, БВО, Сейшелы, и так далее. Все эти страны являются привлекательными для ведения международного бизнеса, а также для защиты активов в оффшоре. Для того чтобы как-то повлиять на отток капитала, правительства из лидирующих стран мира, которые испытывают, проблемы с ликвидностью и капиталом в общем, манипулируют своими возможностями вносить или вычеркивать определенные оффшорные юрисдикции из своих списков. Например, Украина, которая не внесла Панаму в список оффшорных юрисдикций после того, как Панама подписала соглашения с США.

Но давайте более детально рассмотрим, кто ведет списки, и какие они бывают. Существует несколько мировых организаций, которые включают большое количество стран участников, и решения, принимающиеся этими организациями, автоматически принимаются и во всех странах участниках той или иной организации. Речь идет о двух главных организациях:

ОЭСР – Организация экономического сотрудничества и развития. Участниками организации выступают 30 государств.

ФАТФ – международная организация по борьбе с финансированием терроризма и отмыванием криминальных капиталов. Более 30 государств принимают участие в деятельности ФАТФ (сюда входит и Россия).

Данные организации имеют не только белые списки, это страны которые соответствуют всем стандартам налоговой прозрачности, и борются с отмыванием денег и финансированием терроризма, но и черные. Черные списки, это списки оффшорных зон, которые ведут неприемлемую налоговую конкуренцию, а также не соответствуют международным стандартам прозрачности.

ОЭСР в свой черный список включила следующие юрисдикции: Андорра, Монако, Лихтенштейн и Маршалловы острова. А ФАТФ внесла Мьянму, Нигерию и Науру.

Но помимо ОЭСР и ФАТФ, каждая страна имеет право составлять свои собственные черные списки.

Списки оффшорных зон России

Россия имеет целых два списка стран, о сотрудничестве с которыми надо подумать. Дело в том, что уже 2002 году в России появился свой официальный «черный список» в который попали оффшорные юрисдикции не соответствующие стандарту налоговой конкуренции. Данный «черный список» фактически разделен на два. В первый список попадают все страны, с которыми отсутствует соглашение об избежании двойного налогообложения, а второй список содержит страны, с которыми не рекомендуется сотрудничать. К данным юрисдикциям относятся:

Андорра	Мальдивские острова
Багамские острова	Маршалловы острова
Бермудские острова	Монако, остров Мэн
Британские Виргинские острова	Науру, остров Ниуэ
Вануату	Панама
остров Гернси	Сан-Марино
Гибралтар	Сейшельские Острова
Гренада	Сент-Винсент
остров Джерси	Сент-Люсия
Доминика, Кайман	Теркс и Кайкос
Канарские острова
Лихтенштейн

Данные юрисдикции, также фигурирует в Приложении 1 к Указанию Банка России от 7 августа 2003 г. № 1317-У «О порядке установления уполномоченными банками корреспондентских отношений с банками-нерезидентами, зарегистрированными в государствах и на территориях, предоставляющих льготный налоговый режим и (или) не предусматривающих раскрытие и предоставление информации при проведении финансовых операций (офшорных зонах)». Данный список говорит о том, что российские банки сотрудничают с отделениями оффшорных финансовых учреждений в соответствие с указаниями Центробанка РФ. На данном основании существует дополнительный список, который классифицирует оффшорные юрисдикции на 3 категории, которые определяют уровень взаимодействия российских и иностранных кредитных организаций.

1-я группа — наиболее уважаемые оффшорные зоны	2-я группа — традиционные оффшорные юрисдикции	3-я группа – наименее респектабельные страны
Нормандские острова Остров Мэн Гонконг Сингапур Ирландия Мальта Швейцария Черногория и прочие	Британские Виргинские острова Сейшельские острова Белиз ОАЭ Сент-Винсент Американские штаты Делавер и Вайоминг	Маршалловы острова Науру Андорра Анжуан Либерия Лихтенштейн Вануату Аруба

Помимо этого у России есть общий список, в который попадают все оффшорные юрисдикции. Более детально с этим списком вы можете в таблице представленной ниже.

Списки оффшорных зон от ОЭСР

ОЭСР также имеет несколько списков, в которые входят множество юрисдикций всего мира. Первый список включает юрисдикции, которые ввели большинство принятых мировых стандартов касательно налогового сотрудничества:

Австралия Американские Виргинские Острова Аргентина Барбадос Великобритания Венгрия Германия Гернси Греция Дания Джерси Ирландия Исландия Испания Италия Канада Кипр Китай Корея Маврикий

Мальта Мексика Нидерланды Новая Зеландия Норвегия Объединенные Арабские Эмираты Остров Мэн Польша Португалия Российская Федерация Сейшелы Словацкая Республика Соединенные Штаты Америки Турция Финляндия Франция Чешская Республика Швеция Южно-Африканская Республика Япония

Второй список включает страны, которые приняли международные стандарты налоговых взаимоотношений, но еще не полностью их выполняют. Это зоны с пониженным налогообложением:

Андорра Ангилья Антигуа и Барбуда Аруба Багамские острова Бахрейн Белиз Бермуды Британские Виргинские Острова Вануату Гибралтар Гренада Доминика Каймановы Острова Либерия

Лихтенштейн Маршалловы острова Монако Монтсеррат Науру Нидерландские Антильские острова Ниуэ Панама Сент-Китс и Нeвис Сент-Люсия Сент-Винсент и Гренадины Самоа Сан Мариино Острова Кука Острова Тёркс и Кайкос

А также существует список с другими зонами: Австрия, Бельгия, Бруней, Гватемала, Люксембург, Сингапур, Чили, Швейцария. И страны не согласившиеся принимать всемирно принятые нормы налоговых взаимоотношений: Коста-Рика, Малайзия (Лабуан), Филиппины, и Уругвай.

Однако, не смотря на существование расширенных списков международных организаций, как уже было описано выше на примере России, у каждой страны существуют и свои собственные списки. Если говорить о европейских странах, то эти списки в основном устаревшие и не расширенные. Например, такая оффшорная зона, как Невис, не входит в оффшорные списки Испании и Франции. А есть и такие европейские страны, которые напротив составляют не «черные списки», а белые. Такой список существует в Эстонии. Фактически страна указала на страны, которые наиболее привлекательны для сотрудничества, а не напротив.

На практике, если вы планируете учредить оффшорную компанию и начать свой бизнес на международном уровне, то вам однозначно, за советом надо обращаться к специалистам оффшорного дела из нашей компании Offshore Pro Group. Наши специалисты предоставят вам профессиональные консультации по вопросам регистрации оффшорной компании, а также проконсультируют вас по таким аспектам, как существование договоров об избежании двойного налогообложения, территориальном налогообложении и так далее. Обращайтесь к нам по электронной почте [email protected].

Как правильно выбрать оффшор?

Зачем знать о «Черных» списоках оффшоров в важных для бизнеса странах?

90000 definition, international cooperation, and current trends 90001

90002 Financial crises never stop weakening the world economy, and debt liabilities of some countries have long ago exceeded the billion dollar mark. In this never ending chaos, the entrepreneurs and the potential investors of the leading world powers do not stop trying to find the tools for optimization and reduction of the existing tax burden. 90003
90004 International resistance to the companies in tax havens 90005
90002 The tendency of resistance and implementation of the effective methods of tax optimization had originated at the beginning of 2000s, when the authorities of such countries as Great Britain, the USA, Germany, and France drew their attention to the fact that the withdrawal of the financial assets outside their economies significantly reduced the revenues in the budget.Then the pursuit of the capitals, which flew into offshores, was started, and as a result, they introduced the number of international standards and actions. 90003
90004 Offshore zone definition and types 90005
90002 At first, we should provide a definition of the concept of an offshore jurisdiction. In fact, an offshore zone is a specialized territory, which provides different competitive advantages and corporate privileges for the companies that have no tax resident status. In the international practice, offshore zones exist everywhere.These can be small island countries, separate administrative and territorial units with special economic status or even the entire countries. 90003
90002 If we look at the official statistics, about one hundred international financial centers, which provide the possibility of registration of companies and legal entities in tax havens exist around the world. As a rule, the attractiveness of such jurisdictions is provided by a loyal tax climate and a simplified procedure of incorporation of a foreign company.90003
90002 At the same time, the current international practice divides the tax haven zones into two conventional categories, respectively, midshore and classic offshore zones. The classic tax haven zones provide the full exemption from such forms of taxation as the capital-gains tax, dividend tax, interests, inheritance and gift tax, income tax and etc. 90003
90002 Midshores, are the modern jurisdictions, which have taken the best international experience. Flexible corporate law and low tax rate are typical for midshores.Typically, these are the counties, which seek the maximal tax transparency at the expense of tax and financial reporting of the business. These jurisdictions include a number of European countries, like Malta, Cyprus, the Netherlands, and Sweden. 90003
90004 International cooperation and general tendencies 90005

90002 As it was mentioned above, the initiative of opposition to the tax haven jurisdictions was first announced by the representatives of Great Britain and the United States.If to appeal to history, one can find that the first offshore formations had appeared on the planet after Britain had granted independence to its colonies, which in their turn had to look for the ways to attract the direct foreign investments into the economy. The numerous island entities were on the verge of extinction and had to become home for the various tax-free companies. 90003
90002 According to the results of the independent research over the past forty years, the budget of the UK has lost more than 30 trillion dollars, which were withdrawn into the tax haven jurisdictions.Taking into account these figures, the enthusiasm of the UK to fight against the capital outflow becomes clear. 90003
90002 Experts say that this year can become a turning point in the fight against the tax haven jurisdictions. Many are inclined to believe that it’s time to return the assets, which were withdrawn from the national economy. At the same time, the experts are convinced that it will be impossible to terminate all the offshore mechanisms and schemes completely, as they are closely intertwined not only with the private business but also with public companies.But still, the hunting for tax haven is announced. 90003
90002 The financial crisis, which has erupted in the United States and smoothly spread to the countries of Europe, has become a basic catalyst, which serves as the accelerator of the international cooperation in the fight against tax havens. The worsening economic situation has become a major impetus for various international organizations, including the Organization for Economic Co-operation and Development (OECD). The activity of such organizations is reflected not only in the implementation of control over the business but also in the development and regulations and the requirements of the financial transparency to the tax haven jurisdictions.90003
90002 All the work of international organizations is guided and based on the one principle — if there is a possibility to trace the chains of the offshore schemes of business, the return of the hidden taxes is fairly real. Annually, the international organizations report billions of Euros, that they have managed to return to the budgets of the various countries. 90003
90004 International organization and «black offshore zone lists» 90005
90002 The first steps in the international arena in the fight against the tax haven jurisdictions were taken by the Organization for Economic Co-operation and Development.This organization has identified the list of the signs which can identify the unreliable jurisdictions, which are not able to provide adequate supervision over the financial sector. Such countries were put on the special lists, which had got an unofficial name «black zone lists.» 90003
90002 Besides, now there is a so-called «grey zone list,» which is maintained by the Financial Action Task Force on Money Laundering (FATF). The countries from this list are not tax havens in the classic sense of the term.But they also do not support some international standards which are set to fight against the tax havens. 90003
90002 Speaking about the conventional «black zone lists,» it is important to note that every country also has its own list of the offshore jurisdictions. 90003
90004 Alternative players in the international arena 90005
90002 Various organizations, which stand to the principles of the resistance to the outflows and money laundering, appear more and more often in the international arena.Among them, the special attention can be given to such organization as the International Consortium of Investigative Journalists. This organization has lirerally announced the hunt for the clients of the tax haven jurisdictions. 90003
90002 For example, some years ago, the consortium has published an extensive database which contains information about more than hundreds of thousands of the tax haven trusts and companies. This publishing had drawn considerable public attention, as it had revealed to the world the relationships of the wealthy people of our planet: officials, public servants, and prominent politicians.90003
90002 Later, the international consortium has published the database of one of the offshore banks in Jersey. It was talked about the names of 20 thousands clients of the bank. 90003
90002 Thus, the resistance to the tax haven jurisdictions gains its momentum and is increasing in all the directions. But still, nobody has made any official assertions of the prohibition of the operation of offshore zones for the optimization of the taxable base. 90003
90004 Deoffshorization of the economy 90005
90002 In terms of deoffshorization, the regulatory tool, which is used by countries, has always been aimed at the maximum reduction of the tax burden and the secrecy of information about the business.The reasons for such treatment can be found in recent history. Tax havens were used as a tool for the protection of financial assets, and tax incentives were a pleasant supplement. 90003
90002 In spite of all measures, which were taken by governments, the tax haven areas and companies remain to be a part of any economy. Billions of US dollars are transferred into the various offshore jurisdictions annually. Among the most popular tax havens, there are Switzerland, Cyprus, the UK, and the Netherlands.90003
90002 Nevertheless, the countries do not wait quietly and take the various preventive measures, among which the adoption of the legislative acts, which regulate the national contract system, can be singled out. This law puts certain restrictions. For example, the companies in tax havens are not allowed to take part in public purchases. Even the disclosure of all the information about the ultimate beneficiaries of the company will not be a guarantee of receiving a government contract.90003
90002 The extent of deoffshorization can be debated endlessly, and the preventive measures can vary in different forms: from the explicit stimulation to the strictest enforcement of the taxpayers. But still, in order for business not to strive for offshore jurisdictions, it we must understand that it is much better at home. The withdrawal of the financial assets into the tax havens should become costly and pointless for entrepreneurs. Only then one can hope to maintain financial assets.Unfortunately, the countries are unable to provide such conditions for business today, so business is still offered sticks instead of carrots. 90003
90004 How to withstand, or time requirements 90005
90002 Of course, the pleasant time when offshore jurisdictions attracted only entrepreneurs, has long gone. But the tax haven jurisdictions do not stand still. The modern economy enforces the offshore jurisdictions to change and to adapt to the existing standards. A lot of tax haven areas are forced to yield to pressure from the world leaders and now widely implement the transparency requirements to the business schemes.90003
90002 In addition to the tax haven jurisdictions itself, the banking institutions, which work in tax havens, are also exposed to pressure from the state and are liable to the relatively high taxation. It is not a secret that the offshore banks are the main element in the construction of the tax haven schemes. 90003
90004 Examples: 90005
90002 Since 2000, the U.S. Government has adopted a number of draft laws in the field of banking. Among them, there is a legislative act on the tax compliance of the accounts in foreign banks and the law on the provision of information about the available accounts in foreign banks.90003
90002 In other words, the government of the country wants all the banking institutions in the world to provide the necessary information upon the request of the IRS. These requirements apply to the foreign bank accounts which belong to the citizens of the U.S. Access to the financial markets of the U.S. can be blocked for the banks and credit institutions which have refused to provide such information, and all the operations which held via the country will be liable to 30% tax. 90003
90002 A strategy, which was developed by the OECD in 2013, serves as the action plan of resistance to hiding the budget payments.One can say with certainty that this plan is a basic guide for the international resistance to the tax haven jurisdictions. 90003
90004 Strengthening the measures of control and the possible consequences 90005
90002 The system of offshore jurisdictions meets the common laws of marketing. More precisely, the laws, which operate in the common market, are equally applicable here. Namely, the bigger are production costs, the higher is the cost of the provided services. Accordingly, the increase of the requirements to the tax havens jurisdictions affects the proportional increase of requirements to the foreign businesses, which is registered in the jurisdiction.90003
90002 For example, today, to register the offshore company, it is not enough to submit only a passport, as it was ten years ago. Today, you will be required to submit a huge set of documents, which includes the letters of recommendation from banking institutions, the documents which prove the actual place of residence, a detailed business plan, information about the ultimate beneficiaries, the founders, the shareholders , and the company owners, etc. 90003
90002 In attempts to save the business reputation in the international arena, the regulators of the tax haven areas are guided by the principle — know your client.As a result, the foreign entrepreneurs are forced not only to collect the necessary documents but also to be engaged in their translation, certification, and legalization. 90003
90002 If you are going to create an effective tax havens scheme, you should be prepared for the fact that you will have to work hard. In order to create a really effective and efficient scheme with an appropriate corporate structure, you will have to establish not one offshore company. 90003
90002 In the end, you need a corporate account in a foreign bank, the opening of which also requires a responsible approach.Modern banking institutions also care about their reputation and are wary about the tax havens. First of all, you need to decide on a banking institution, or to be more precise, to find out the list of provided services and current rates. 90003
90002 Do you want to learn more about the tax issues in the various tax havens jurisdictions, about the possibility of registering a company and bank account in a tax haven? Visit the other sections of our website. A «contact us» form allows you to obtain expert professional advice for free.90003

.90000 History of Offshore Zones 90001

90002 Offshore zones are states or their designated territories where it is possible to legally open companies with minimal or zero tax rate. 90003
90002 Today offshores are thought to be a way to reduce level of taxation and provide confidentiality. The perfect example is offshore zones in the UAE. Opening an offshore company in the Arabic Emirates, you get a complete tax freedom, absence of financial reporting and foreign exchanges control and also high level of confidentiality.90003
90006 How did offshore zones appear? 90007
90002 The wish not to pay taxes appeared almost simultaneously with the trade development. Even in antique time, Phoenician traders found a way to avoid sales duties by selling goods outside the walls of cities with high taxes. The name of term «offshore» is also derived from that and means «outside the boarder». 90003
90002 In the Middle Ages traders sold wool not in England, where the taxes were too high, but in neighbouring Flanders. In the 18th century, traders from the Northern America bought and sold goods in countries of Latin America to avoid high duties in England.90003
90002 The notion of privacy of offshore companies appeared in Switzerland at the beginning of 18th century. Royal persons, who were Catholics, wanted to conceal from publicity the fact that they borrowed money from Protestants. That was the reason why the law about the protection of bank deposits and loans confidentiality was created in 1713. Since then and until now Swiss bankers has been keeping confidentiality of information about clients. 90003
90002 Switzerland has become the first offshore zone letting down the bars for purchase of currencies and giving banks possibility to make operations in other countries.Because of that, international companies could develop their activity and be sure in their personal data confidentiality. 90003
90002 In the middle of 20th century, offshores became not only the way of tax minimization, but also opened new possibilities for development of countries with weak economies. Liberia is an example. After it became independent from the USA, its economy underwent difficult times. However the government found the solution by opening an offshore zone. Foreign ships got the possibility to be registered in Liberia and sail under its flag, so the country could boost its economy by such means of income.90003
90002 At the same time, it is necessary to notice that today there are several dozens of offshore zones all around the world. They are divided into different categories in accordance with their rank, recognition and the most frequent usage for different purposes. For example, the above Liberia mentioned is mostly used for ships registration, and Guernsey is more common used for registration of financial management companies. 90003

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90003
.90000 New Program to Accelerate Expansion of Offshore Wind Power in Developing Countries 90001

90002 90003 WASHINGTON, March 6, 2019 90004 -. The World Bank and IFC will help emerging markets assess their offshore wind potential and provide technical assistance to develop a growing pipeline of projects that are ready for investment by renewable energy developers. 90005 90002 and a large volume of planned projects in Europe, China and the United States. Offshore wind now represents about $ 26 billion in annual investments — or 8 percent of new global investments in clean energy — and this proportion is set to increase dramatically, with about $ 500 billion expected to be invested in offshore wind projects by 2030.90005 90002 This represents an important opportunity for countries with strong offshore wind resources, including Brazil, Indonesia, India, the Philippines, South Africa, Sri Lanka, and Vietnam. Offshore wind can also provide additional clean generation capacity for developing countries with populations living without access to reliable electricity. 90005 90002 Vietnam’s technical potential for fixed and floating offshore wind is 309 GW, while South Africa and Brazil have 356 GW and 526 GW in total technical offshore wind potential respectively.This represents a significant opportunity for cost-competitive, large-scale fixed or floating offshore wind projects located close to areas of high energy demand. 90005 90002 «Offshore wind is a clean, reliable and secure source of energy with massive potential to transform the energy mix in countries that have great wind resources. We have seen it work in Europe — we can now make use of global experience to scale up offshore wind projects in emerging markets, «90003 90004 said 90003 Riccardo Puliti, Senior Director and Head of Energy and Extractives at the World Bank.90004 90005 90002 «We see great opportunity for offshore wind development at scale and are looking forward to working with private sector developers to open up new investment opportunities in countries that could benefit from this increasingly competitive source of renewable energy,» said 90003 Bertrand de la Borde, IFC Director and Global Head of Energy and Mining 90004. 90005 90002 «The UK is a world leader in offshore wind, with the largest installed capacity in Europe,» said 90003 Energy & Clean Growth UK Government Minister, Claire Perry.90004 «This investment will allow our world-leading expertise to be shared globally to encourage developing countries to move away from dirty coal power and embrace renewable energy, growing their economies.» 90005 90002 Led by the World Bank’s Energy Sector Management Assistance Program (ESMAP), in partnership with IFC, the US $ 5 million program is being initiated thanks to a GBP £ 20 million grant to ESMAP from the United Kingdom government to help low- and middle -income countries implement environmentally sustainable energy solutions.90005 90002 This work will take place in cooperation with the Global Wind Energy Council (GWEC) and its recently-formed Offshore Wind Task Force which brings together leading offshore wind developers, equipment manufacturers and service providers. 90005 90002 The program will convene developing country governments, commercial developers, development partners, and wind energy experts to raise awareness around offshore wind opportunities in emerging markets and lay the groundwork for a pipeline of new projects that could be supported by World Bank or IFC financing .The World Bank and IFC will work with public and private sector partners to undertake technical studies and develop national strategies to facilitate the adoption of this increasingly cost-competitive technology. 90005 90002 90033 The 90034 90033 Global Wind Atlas 90034 90033, developed in partnership by ESMAP and Department of Wind Energy at the Technical University of Denmark and with 30km coverage offshore at 250m resolution, is a key resource that can help policymakers and investors identify potential high -wind areas for wind power generation virtually anywhere in the world.90034 90005
.90000 Best Offshore Jurisdictions | Tax Havens | Offshore Countries 90001
90002 90003 What Offshore Jurisdictions have the Best Offshore Services and Tax Benefits? 90004 90005
90006 90007
90006 Table of Contents: 90007

90006 90007
90002 90003 What is an Offshore Jurisdiction? 90004 90005
90006 An 90003 offshore jurisdiction 90004 is a low or no-tax country with corporate laws that maximize financial privacy and minimize corporate regulatory interference for both individuals and corporations.90007
90006 An 90003 offshore tax haven 90004 is also referred to as ‘offshore jurisdictions’ and specialize in financial, legal and business services to non-residents that offer financial opportunities such as: 90007
90024
90025 tax reduction incentives 90026
90025 asset protection 90026
90025 banking privacy 90026
90025 offshore accounts and 90026
90025 internationalizing of business structure 90026
90035
90006 Offshore jurisdictions provide a more liberal financial environment together with stricter confidentiality laws that attract foreign companies and entrepreneurs looking for alternative systems from the traditional high-tax high-regulatory model.90007
90006 Offshore tax havens have a long history of offering financial benefits to individuals and companies as a way to attract foreign capital into the country. 90003 And this is perfectly legal 90004, despite what the media’s disinformation campaign has said. 90007
90006 Many countries offer financial advantages in various different forms to attract foreign capital. 90007
90006 Low-tax countries do this by offering flexible corporate structures that have few financial and reporting requirements, as an alternative to the traditional corporate environment found in more developed high-tax high-regulation countries.90007 90006 Financial regulations though typically enacted with the best of intentions, tend to make business more complicated, restrictive and expensive than it needs to be. 90007
90006 As a result, many countries, not only those Caribbean tax havens, have adopted more business-friendly regulatory environments in an attempt to attract non-resident investors and entrepreneurs in hopes of strengthening their economy and financial service industry. 90007
90006 The term ‘tax haven’ is used synonymously with other commonly used terms such as offshore jurisdiction and offshore financial centre, all of which refer to countries that offer financial and corporate services for non-residents in an offshore environment.90007
90006 90007
90002 90003 Defining What is an Offshore Country? 90004 90005
90006 An offshore country referred to as an Offshore Financial Centre or (OFC) can be defined as ‘as a country or jurisdiction that provides financial services to nonresidents on a scale that is incommensurate with the size and the financing of its domestic economy.’ ± 90007
90006 The reality is not so straightforward. As many ‘onshore’ financial centres (UK, Cyprus, Malta) offer similar non-residential corporate tax benefits and flexible company formation structures that are typically associated with a traditional ‘offshore’ tax centres (Nevis, Panama, Seychelles).90007
90006 Consequently, an 90003 offshore country has nothing to do with the location 90004 but is more to do with the corporate and tax laws that govern non-resident companies. 90007
90006 Some nations make it easy to manage corporations formed in their jurisdiction (Dominica), or offer attractive investment and financial services (Cayman Islands) and while still others become known for their strong asset protection and privacy laws (Nevis). 90007
90006 There is not one standard set of laws that apply to all offshore countries.Some countries such as the UK and US, for example, can offer 0% corporate taxation on non-resident companies while still have a typical high-tax and high-regulatory environment for domestic companies. 90007
90006 90007
90072 90003 Offshore Jurisdictions Are Not Just Some Small Caribbean Islands 90004 90075
90006 An offshore jurisdiction can no longer be defined merely as a group of renegade islands in the Caribbean. Contrary to popular belief, there are certain states in the USA where it is easier to get an anonymous shell company than in other well-known tax havens such as the Cayman Islands and the Bahamas.90007
90006 And since even the USA rejected the signing of the CRS (Common Reporting Standard) it has one of the most secret offshore financial industries in the world; taking the # 3 spot just behind Switzerland and Hong Kong. 90007 90006 There are many modern jurisdictions that can be seen as offshore financial centers, though might commonly be perceived as a modern financial hub. For instance, places like Scotland, Netherlands, and Ireland are recognized as being a tax haven for many multinational corporations.90007
90006 Each country offers a low-tax company formation structure for non-resident individuals and companies that offer tax exemptions on all foreign-sourced income. 90007 90006 Offshore corporate structures can be found not only in traditional tax havens but also in 90003 90004 traditional high-tax countries 90003. 90004 Benefits such as: 90007
90024
90025 low or no tax, 90026
90025 minimal reporting standards, 90026
90025 use of nominee directors, 90026
90035
90006 All of which bear the hallmark of an offshore financial centre can be found in places like Ireland, Cyprus, Malta, and the United Kingdom.90007
90006 There really is no easy way to differentiate one type of Offshore Financial Centre from another, whether it is a traditional tax haven or modern corporate financial centre as many share the same favorable laws supporting finance, banking, capital and the possibility of non-resident companies benefiting from keeping income offshore. 90007
90006 90007
90002 90003 What Type Of Individuals Use Offshore Jurisdictions? 90004 90005
90006 Offshore jurisdictions are not just for wealthy businessmen or multinational corporations but for anyone looking for an alternative.90007
90024
90025 90003 Investors 90004 looking for better investment opportunities 90026
90025 90003 Persons 90004 who would like to diversify their assets 90026
90025 90003 Entrepreneurs 90004 looking to globalize their business through multi-jurisdictional management 90026
90025 90003 Companies 90004 looking to form a subsidiary in an overseas country 90026
90025 90003 Online businesses 90004 that have no physical presence 90026
90025 90003 Corporations 90004 looking to take advantage of regional trade advantages 90026
90025 90003 Startups 90004 who want to maximize profits and minimize tax burden 90026
90025 90003 Service-based companies 90004 wanting to offshore their business structure 90026
90025 90003 Families 90004 looking for trust formation, estate planning and wealth management 90026
90025 90003 Anyone 90004 who has an international lifestyle, ‘digital nomad’ or dual citizen and are looking to minimize their tax footprint 90026
90035
90006 As a self-serving entity, individuals and companies naturally seek out the most advantageous environment to incorporate.90007
90006 Thanks to the explosion of information and an increasingly liberalized global economy, it’s possible for nearly anyone to form an overseas company entirely online and is much cheaper than it ever was before. 90007
90006 If we need a hint, then look at any of them massive multi-national companies. 90007
90024
90025 Apple incorporated its European headquarters in Ireland 90026
90025 Facebook has a company in Delaware (Yes the US is a corporate tax have too!) And 90026
90025 Google has a subsidiary in Bermuda and the Netherlands.90026
90035
90006 Corporations have been pursuing offshore strategies for decades. 90007 90006 One of the most successful offshore tax havens in the world is the US state of Delaware. 90007
90006 Back in the first few decades of the 1900s, Delaware passed laws making it easier to form and manage a corporation. It worked. Nearly a century later and half of the world’s largest companies are incorporated there. 90007
90006 Other countries that have pursued similar strategies as Delaware, with their own tax-friendly laws are places like Panama, British Virgin Islands and Nevis all which 90003 90004 consistently rank as some of the most popular offshore jurisdictions 90175 90176 due to the low taxation, minimal requirements, and banking secrecy.90007
90006 There is no single right solution for everyone. What is right for Google may not be right for you. 90007
90006 When choosing an offshore jurisdiction, there are several important factors that should be considered that can help determine what offshore jurisdiction is right for you. 90007
90006 90007
90002 90003 10 Factors to Look for to find the Best Offshore Jurisdiction 90004 90005
90006 Selecting the right offshore country is an important part of establishing an internationalized structure — as every jurisdiction is different, and every situation unique.90007
90006 The jurisdiction you choose should have at the very minimum, the following 10 characteristics: 90007
90006 1. 90003 Low Tax Jurisdiction 90004 — With little or no taxation including capital gains tax, income tax, inheritance tax, gift tax, etc … 90007
90006 2. 90003 Favorable Incorporation Laws 90004 — Corporate laws should allow for one Director from any country, have efficient incorporation processes, and protect the rights of the entity 90007
90006 3. 90003 Stable Currency 90004 — The country should have a currency that is not volatile, allows for the use of several different currencies with no capital controls 90007
90006 4.90003 Privacy Laws 90004 — There should be privacy laws that protect you from public and governmental scrutiny keeping safe your personal information and accounts and shield you from foreign arbitrage 90007
90006 5. 90003 Stable Government 90004 — Your offshore jurisdiction must be politically and economically stable to ensure continuity and environmental security 90007
90006 6. 90003 Growing Economy 90004 — The economy should be open to global markets allowing financial transactions and the free movement of both physical and non-physical goods 90007
90006 7.90003 Secure Banking System 90004 — Banks should be liquid with adequate capital reserves and little debt and ideally backed by a government that has sound economic policy 90007
90006 8. 90003 Favourable Communications System 90004 — Communications systems should allow for stable and secure source of communications across all channels 90007
90006 9. 90003 Reputation 90004 — The reputation of the country should be in good standing, is not blacklisted by the OECD, and has as a secure and stable offshore jurisdiction 90007
90006 10.90003 Time Zone Compatibility & Close Location 90004 — the time zone should be such that you can contact your offshore provider or financial institution during business hours 90007
90006 90007
90002 90003 Why incorporate in an Offshore Country? 90004 90005
90024
90025 90003 Tax Reduction 90004
90024
90025 Forming an offshore entity overseas can greatly reduce your tax bill especially if you have a business that has foreign-sourced income. Depending on where you live, (if your country of residence has no CFC laws, then you can virtually eliminate your tax burden).If you do live in a country with CFC laws, like the US or UK, then its likely that a tax reduction is possible, as for complete tax elimination, changing residency is required. 90026
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90026
90025 90003 Diversification 90004
90024
90025 Diversifying one’s assets through multiple holding companies and offshore bank accounts spreads one’s risk and enables greater security in case of bank failure, seizure, or forfeiture (which was what happened during the 2008 crises in Hungary, Argentina and Greece.) 90026
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90026
90025 90003 Internationalizing 90004
90024
90025 Globalizing your company opens you open to a range of other possibilities, including access to regional investments, tax reductions, trade, 90026
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90026
90025 90003 Access to overseas institutions 90004
90024
90025 Having access to overseas banks and financial institutions ensures you are not dependent upon one bank or institution. Holding multiple currencies and different types of assets across accounts helps mitigate your risk.90026
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90026
90025 90003 Separate legal system 90004
90024
90025 Establishing yourself in an offshore jurisdiction gives a second separate set of corporate legal laws that reduce your dependence and the authority of the country and the institutions where you reside. 90026
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90025 90003 Multiple Flag Theory 90004
90024
90025 Plant multiple flags, ie, having your life divided in different countries, residency in one country, a company in another, and banking in a third diversifies your life, increases protection from confiscation and seizure.By becoming a citizen of a second country, or having a second tax residence, by creating an offshore company, or overseas account you free from the authority of a single country. 90026
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90006 90007
90002 90003 Offshore Jurisdiction List 90004 90005
90006 While there are even more tax havens in the world than can fit on the list, here is a sample of countries where we find represent some of the best environments for offshore formation, where it is for offshore companies, foundations, trust, opening an offshore bank account or investment account.90007
90006 Also included are many ‘onshore’ jurisdictions that offer many of the same corporate tax benefits as traditional offshore tax havens 90007

90006 90299 90007
90002 90003 Top Offshore Tax Havens List: Best Countries to set up an Offshore Company 90004 90005
90006 While there is no single best place to form an offshore company, due to the uniqueness of each individual’s situation, there are variations that give each offshore centre distinctions, which we will explore later.90007
90006 Our top 5 Jurisdictions we highly recommend are: 90007
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90025 90003 Panama 90004 90026
90025 90003 Nevis 90004 90026
90025 90003 Cook Islands 90004 90026
90025 90003 United Kingdom 90004 90026
90025 90003 Scotland 90004 90026
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90006 90007
90072 90003 1. PANAMA 90004 90075
90006 90338 90007
90006 Panama takes the first spot as the world’s best offshore jurisdiction. It has a formidable reputation as an offshore financial centre, is welcoming to foreigners, offers easy second-passport opportunities, permanent residency and citizen possibilities under the friendly nations visa program is just 5,000 USD.90007
90006 Despite all the negative publicity it has received the last few years, due to the Panama Papers leaks, the industry is thriving. It is possible to open an offshore bank or corporate account provided there is a Panamanian Company and all KYC and due diligence checks are cleared. In the last years they have been more thorough in their investigations, but we find that if all document requirements are met, there are not any problems. 90007
90006 The country has been offering offshore company packages for decades, and so there are strict banking secrecy laws and a supportive government behind the industry.90007
90006 Panama is still one of the world’s best offshore jurisdictions due to its strategic location, the fact that is is competitively priced, and has fast incorporation times, flexible corporate structure and no taxation on all foreign-sourced income. 90007
90006 90007
90072 90003 2. NEVIS 90004 90075
90006 90355 90007
90006 Nevis has one of the world’s 90003 strong asset protection clauses 90004 that has remained intact these last years, despite the growing trend toward transparency.Corporate formation legislation also allows bearer shares and the use of nominee directors and shareholders and single-member ownership 90007
90006 Nevis has a very strong LLC structure that has limited liability for all owners, has a statute of limitations for fraudulent transfer of 2 years, and is an alternative to a Trust. 90007
90006 There are no requirements for annual returns nor are the company registry’s made available to the public. 90007
90006 The application process is not as onerous as many other jurisdictions and can be done in a matter of days.90007
90006 90007
90072 90003 3. Cook Islands 90004 90075
90006 90003 90375 90004 90007
90006 The Cook Islands has one of the strongest asset protection legislation in the world that make it virtually impossible for creditors to break into an offshore entity. The corporate laws have many barriers that prevent claims from attaching themselves against the entity. Low statutes of limitations, high bond fees, claims must be done in person, and local Cook courts not recognizing foreign court orders all help to protect and safeguard the assets from fraudulent claims.90007
90006 90007
90072 90003 4. UNITED KINGDOM 90004 90075
90006 90387 90007
90006 The United Kingdom might take many by surprise, though it offers many of the offshore benefits found in many other tax havens such as tax savings and corporate flexibility, yet in a 90003 modern financial ‘onshore’ environment 90004. 90007
90006 If using an LLP, the structure allows for a pass-through style structure keeping individuals free from all taxation requirements from all foreign earned income.90007
90006 While one does not have the same privacy as Panama or Nevis, as public registry are open to the public, what you do get in exchange is: strong international reputation, access to numerous trade agreements, access to European markets, a host of Double Taxation Treaties (DTT), as well as a world-class financial jurisdiction in which to conduct your offshore business. 90007
90006 90007
90072 90003 5. SCOTLAND 90004 90075
90006 90404 90007
90006 Scotland is a tax haven that has many benefits such as 0% taxation of company profits as well as being apart of the UK and the reputation that comes with it.90007
90006 Scotland has a popular Limited Partnership (LP) entity which is similar to the English LLP and benefits from many tax advantages similar to its cousin. 90007
90006 The Scottish Limited Company provisions are enshrined in 90003 some of the oldest company formation legislation 90004, the Partnership Act going back all the way to 1890. 90007
90006 The financial service sector is well-formed with companies and individuals taking advantage of European financial and economic markets together.Individuals and companies still manage to benefit from the tax advantages all the while in a well developed financial market. 90007
90002 90003 The Best of Offshore Countries 90004 90005
90072 90003 Best Offshore Country for Asset Protection: Cook Islands 90004 90075
90006 The Cook Islands is renowned for its strong legal codes that ensure privacy and asset protection for clients establishing an offshore entity. The Cook Islands is mostly renowned for its LLC and Foreign Trust both acts as strong security measures against frivolous lawsuits.90007
90006 The Cook Islands has an International Limited Liability Company Act that gives further flexibility to LLCs allowing for each offshore structure to be designed according to its own wishes. 90007
90006 There are significant hindrances that prevent cases to be pursued against the offshore entity, such as the need to deal with a foreign court system, the requirement of a high standard of proof, high fraudulent conveyance requirements, and minimum statutes of limitations. 90007
90006 90007
90072 90003 Best Offshore Country for Secrecy: Nevis 90004 90075
90006 Nevis along with the Cook Islands have the world’s toughest laws protecting assets.Nevis Trusts and LLCs are supported by robust legislation such as the Nevis Business Corporation Ordinance and the limited Liability Ordinance (1984, 1995, 2015). It has continued to maintain its laws, and has updated its offshore financial sector making it even more resilient over time. 90007
90006 There are significant barriers in pursuance of a legal suit. It requires a 100,000 USD bond to be placed for the suit to move forward and has can only be pursued within a 2-year statute of limitations.90007
90006 It has surpassed its rival offshore financial centers such as Bermuda, BVI, and Belize whose offshore market has changed in the last decade. 90007

90072 90003 Best Offshore Country to Open an Offshore Corporate Account: Singapore 90004 90075
90006 There is no single ‘best place to open an offshore bank account’, as depending on your circumstances, if you need a merchant account, where you will transfer assets, your citizenship, residency, and amount of capital will determine what is best — for you.90007
90006 However, Singapore is home to some of the world’s safest banks including DBS, OCBC, and UOB which are listed by various indexes in the top # 15 banks in the world. Singapore is currently ranked by the World Bank as the 2nd easiest place to do business, has one of the highest GDP per capita in the world, and offers every conceivable financial service available. 90007
90006 Though it is harder to open up a bank account, especially without a Singaporean company, it is still possible if you are able to jump through all the hurdles.Namely, they will want a reasonable business plan, will require a higher-paid in deposit, and will usually require you to visit in person. However, it is all worth it as you will have access to some of the world’s best banks, in a robust economy with many investment opportunities available. 90007
90006 90007
90072 90003 Best Offshore Corporate Structures 90004 90075
90006 What is really required to ensure you are covered on all fronts is a 90175 multi-jurisdictional business strategy 90176.90007
90006 As today many jurisdictions have been forced to change their offshore financial legislation largely because of the Common Reporting Standard (CRS) or the American version FATCA which together with the CRS have made global tax laws more difficult to untangle. 90007
90006 The best guarantee is to use multiple offshore structures in multiple jurisdictions. 90007
90006 This will depend upon the country where the company is formed and the citizenship status of the client as each country hs unique information-sharing agreements.See a qualified advisor to ensure you are finding the best offshore solution for your situation. 90007 90006 With more and more global regulations and money-laundering initiatives being formed, such as the Financial Action Task Force FATF together with much more restrictive KYC requirements, many offshore jurisdictions have been forced to change their offshore corporate laws to ensure compliance, else risk being ‘blacklisted’. 90007 90006 Banking and Offshore privacy is still a major concern in the offshore industry, and is something most would like to keep.As a result, there have been found other ways of re-structuring offshore entities to face the changes in the financial reporting and global regulatory environment. 90007
90002 90003 Offshore Business Strategy: Company Formation in Multiple-Jurisdictions 90004 90005
90072 90003 Using Several Countries as an Efficient Offshore Corporate Structure 90004 90075
90006 One way to ensure asset protection is through the formation and administration of offshore entities set up in multiple tax haven countries, which include, IBCs, foundations, trusts, bank accounts, and other vehicles.90007
90006 The strongest offshore structure is one that takes advantage of a multi-jurisdictional approach, or an International Fiduciary Structure which combines some professional management services, designed specifically to meet the changing circumstances of global business and banking needs while offering the best security and asset protection available. 90007 90006 90003 Creating an offshore structure, combining two different company formation products in two-separate jurisdictions gives a multi-jurisdictional advantage.90004 90007
90006 For example, a company can be formed and held in Panama with the use of nominee services and becomes the company director of a Nevis LLC (where the assets are held) using corporate directors and shareholders. 90007
90006 This enables the individual starting the multi-tiered structure to remain discreet and well-insulated as there are two different and separate sets of corporate laws that protect each offshore entity. 90007 90006 Consequently, any court order, suit or claim must navigate two separate legal systems, many of which do not recognize foreign court-ordered civil suits, or if they do, they have lengthy and very costly legal processes which almost guarantees the assets invulnerability .90007
90006 Without a clear indication of criminal activity, there would be virtually no way to break the iron clad asset protection structure. 90495 90007
90006 90007
90006 Because privacy laws are constantly shifting in this day and age, it is frequently wise to speak with an advisor about selecting an offshore financial center in regards to your current tax situation to see what options are there for you to maximize your offshore benefits. 90007
90006 We have agents in almost every other major offshore jurisdiction, so if you have special jurisdictional requirements or preferences outside of these that are listed in this site, please contact us and we will give you the pros and cons of your choice (s).90007
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90002 90003 * Offshore Corporate Services in Tax Havens * 90004 90005
90006 Offshore-Protection offers these services when you pursue a product in any Offshore Tax Havens: 90007
90309
90025 Company Formation — LLC, LLP, LP, Ltd., Non-resident companies, Trust, Foundations, etc … 90026
90025 Offshore Bank Account- Offshore Banking services available in over two dozen countries 90026
90025 Offshore Bank Formations- Private Banking formation operations in Panama and Vanuatu 90026
90025 E-Commerce Solutions 90003 — 90004 Offshore merchant processing for high-risk transactions 90026
90025 International Fiduciary Structure — Multi-jurisdictional with two structures in two locations 90026
90025 Shelf Corporations — Ready-made corporations 90026
90025 Second Passport — Citizenship by investment programs, visa and residency permits 90026
90025 Trademark Registration 90003 — 90004 Global, USA, UK, EU business trademark registration 90026
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90072 90495 90003 Offshore Business services: 90004 90075
90024
90025 Account Signatory Services 90026
90025 Private Annuity Contracts 90026
90025 Re-invoicing Services 90026
90025 Nominee and third party services 90026
90025 Company Management Services 90026
90025 Mailing Forwarding Address 90026
90025 Virtual Office 90026
90035
90006 Investigate the offshore tax haven list above and if you would like insider information Contact us if you would like to see what offshore business structure is right for you.90007.