Since their release in early April, the Panama Papers have been making waves. German newspaper Süddeutsche Zeitung reportedly obtained these confidential records from an anonymous source and then shared them with the International Consortium of Investigative Journalists.
Intellectual property is a broad term that encompasses intellectual creations over which a monopoly is assigned to the designated to the owners of those creations. Common examples of intellectual property include copyrights, industrial trademarks, patents, trade secrets, industrial property rights, and industrial design rights.
When forming a company, it is important to consider where you want to register that company. Specifically, whether you want to stay onshore or go offshore or mid-shore. Offshore, onshore, and mid-shore refer to different kinds of jurisdictions in which you can register a company.
An offshore company is a company that conducts either an insubstantial amount of or no business from within the jurisdiction in which it operates. When forming an offshore company, choosing your jurisdiction is a strategic decision that can have significant ramifications for your business and bottom line
As an individual working overseas or settling in a location for favorable taxation, international tax planning can be quite a hassle. The rules and regulations are often complex, and understanding what you need to do to comply with all necessary domestic and international requirements can seem daunting.
Monaco and the European Union agreed on mutual introduction of automatic tax information exchange, the principality will share the information of the bank account holders to the national tax authority of their tax residence.
The most exotic features of the UAE’s banking system are those money management techniques, which are compatible with the Islam religion’s rules. Even the modern form of Islamic banking prohibits the charging of interests, and that’s why more and more foreign entrepreneurs, who are not even related to the religion, are interested in this financially efficient solution
Banks of the United Arab Emirates are becoming more and more popular among those, who are seeking tax efficient solutions. Thanks to the cooperation between local legislators and the Central Bank, UAE has now an internationally respected financial center.
Andorra signed the agreement on financial transparency (based on the OECD AEoI) with the European Union. The aim of the accord is to prevent clearly the citizens of the EU member states to hide their wealth in the city-state.
An offshore company can buy and use copyrights, patents, trade-marks, and possess know-how and franchise rights.