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Pros and cons of Labuan company formation
...hen you decide to create an offshore company in Malaysia. This jurisdiction grants low taxes for international business. For example, company’s paid-up capital is limited to 1$ and you can also enjoy advantages of paying only 3% or fixed amount of profit tax per year. Setting up a business in Malaysia can also be profitable for investment companies as it can act without separate property, assets...
Path: BlogNew tax relief measures in Hong Kong budget
...a 1-year assessment period for all categories, but it is not a final, definite period. It is reasonable to monitor changes on this matter. • Taxpayers might have a maximum HKD30,000 (USD3,830) tax for 2017-2018. This will work for salaries tax, profit tax and tax under the personal assessment. More than 2 million taxpayers might have their tax reduced by 75 percent for the year of assessment ...
Path: BlogSwitzerland Limited Liability Company Formation
...o avoid it then please request a nominee service Taxation Switzerland is divided into 26 cantons, and each canton has its’ own tax system. In general, in Switzerland there is a three-level tax system: At a federal level - the federal profit tax (3.63% - 9.8%) and taxes to export of the capital (35%); On canton level - the basic profit tax (20% - 35%); Communes assess incomes, b...
Path: CompaniesLabuan Fund Management License
... to provide management services which include investment advice and administrative services in respect of securities for the purpose of investment. Labuan licensed entity enjoys the advantages of tax haven since a company is subject only to 3% of profit tax on net audit profits, and full exemption from other local taxes, assuming that a company does not carry our business activity on the territ...
Path: Licensing