...example, except for corporate income tax of 12,5% you will be able to avoid capital gains taxes on the disposal of securities, use double tax treaties for your company and also reduce to 0% (zero) tax on payments to international shareholders. These tax benefits are one more good reason to locate your investment company in Cyprus. There are more reasons to choose Cyprus as a location for your i...
Path: Blog...nounced its plans to amend current tax rules in the part that concerns innovative companies – including, but not limited to, blockchain and crypto startups.** During a meeting of ministers from government agencies, a decision was made to expand tax benefits for companies that focus their research and development (R&D) on modern technologies. This move was made as a part of South Korea’s pus...
Path: Blog... has stability and is committed to effective and liable management. It gives both contractors and customers a sense of confidence. Additionally, many companies, especially larger businesses, will not deal with sole traders and partnerships. **5. tax benefits** Private limited companies pay corporation tax. It is important to stress that corporation tax rates are lower than income tax rates....
Path: Blog...an Federation approved the draft law on ratification of the Organization of Economic Cooperation and Development (OECD) Multilateral Convention to Implement Tax Treaty Related Measures (MLI). From that moment **it will become more difficult to gain tax benefits in transactions with foreign companies**. The aforesaid convention concerns bilateral agreements on the avoidance of double taxation w...
Path: BlogVanuatu is a great place for launching forex brokerage company due to its low capital requirements and variety of tax benefits.Incorporation & obtaining license: 4-6 months Minimum paid up capital: No minimum capital requirement. Instead, government bond of approx. USD 50 000 is used. Overview Vanuatu, officially the Republic of Vanuatu, is an archipelago in the S...
Path: Licensing...ffshore corporation. Since the introduction of the Seychelles International Business Companies Act in 1994, over 100`000 Seychelles IBC`s have been registered, with more than 600 new offshore companies being registered every month. The formation, tax benefits and general structure of a Seychelles IBC is regulated by the Seychelles International Business Companies Act 1994. Seychelles has not...
Path: Companies...ly regulatory environment, ease of doing business. The country is one of the key economic centres of Southeast Asia in such areas as shipping, trade, high-tech, and financial services. Singapore political stability, pro-business policy and extremely tax benefits are three key reasons why entrepreneurs from around the world prefer to incorporate start-ups companies in Singapore. The most common ...
Path: Companies...lled by the Reserve Bank of Vanuatu.Timeframe: from 4 months Net assets: must be positive of at least USD 500,000.00 Overview Vanuatu is an established offshore finance center in the Pacific region with a great variety of tax benefits. International Banking is regulated by the International Banking Act [CAP. 280]. The Reserve Bank of Vanuatu is the authority responsi...
Path: Licensing