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Starting your own business in Saint Vincent and the Grenadines

...s as well as transfer services, setting up a corporate payment system, using trust solutions and other possibilities. Our next step is tax policy of SVG jurisdiction. Basically, this country supports two important concepts for offshore business: tax transparency and bank confidentiality. This means, business startups in St. Vincent and the Grenadines are able to enjoy all favors of offshore ba...

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The new transparent taxes in Latin America and the Caribbean

The **newest tax transparency standards** are evolving all over the world. In the early 2018, the UN ECLAC (United Nations Economic Commission for Latin America and the Caribbean) celebrated its 70th anniversary. What happened and how business conditions will change in this region? We will analyze the newest tendencies and explain how business will develop in **LatAm** and the **Caribbean**. ...

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New legislation of Jersey will allow to form Limited Liability Company

...on to open an office in the US in the near future. In the US, LLCs are a structure of choice for alternative investment funds, with US advisers and managers being familiar with LLC structures and aware of the benefits they can provide in terms of tax transparency. With that in mind, we are confident that the Jersey LLC can provide an attractive proposition for US-based hedge fund managers, part...

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Businesses will be required to meet criteria of physical presence in Belize

...: *“The reason for the rush is that this is a consequence of the pressures that have been brought to bear on our jurisdiction by the industrialized countries, and in this case, by the EU, and by OECD. In its analysis of information on areas of tax transparency, fair taxation and implementation of anti-base erosion and profit sharing measures, the so-called ‘Code of Conduct group’, which ...

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Russian Tax Authority has received data on foreign accounts and assets of its citizens in 58 countries

...urisdictions with low taxation.** The number of citizens with accounts abroad and the number of companies controlled by them is yet to be disclosed by the FTS. Deputy Head of the FTS Alexei Overchuk commented: *"This is an absolutely new level of tax transparency. Previously it was necessary to file an official request with the competent authority of a foreign jurisdiction, but now information ...

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EU Has Amended The List Of Non-Cooperative Tax Jurisdictions

...s:** -Aruba -Barbados -Belize -Bermuda -Fiji -Marshall Islands -Oman -United Arab Emirates (UAE) -Vanuatu -Dominica Over the course of last year, the Commission evaluated 92 countries in accordance to three criteria: tax transparency, good governance and real economic activity; as well as one indicator, the existence of a zero corporate tax rate. The evaluation pro...

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