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Many countries, including the U.S., tax citizens’ worldwide income — even if they aren’t living or working in their country of origin. In addition, most countries in the world will tax income generated by a person working and living within the country.
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An offshore company is a company registered in a jurisdiction where it doesn’t conduct the majority of its business. While offshore companies sometimes have a reputation as being illicit or shady, they are absolutely legal to set up and to use
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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
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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.
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According to the Central Bank of Cyprus’s recent statement, 37.5% of all Bank of Cyprus deposit amounts that were above EUR100,000 on March 26 will be converted into bank shares.
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Choosing the most appropriate location to execute international commercial activities or make investments is often a difficult task requiring well-founded considerations.
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Our clients are more and more striving to find solutions which could make their international activity more compliant.
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The European PLC is based on EU rules that give companies the option of forming a European Company since 2004 – formally known by its Latin name ‘Societas Europeae’ (SE).
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In the past few years, two third of Chinese investments were realised through companies situated in Hong Kong.
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Today, we would like to give you a brief summary on the structure and use of the now-famous tax arrangement called Double Irish Dutch Sandwich, which is used by many large US based multinationals to lower their overall corporate tax burden.
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