General information about Offshore Companies
Belize is a Premier Offshore Jurisdiction. A Belize Offshore Company (Belize IBC) is used for International Trade, Investment and Tax Planning. This type of entity is popular for trading companies and investment companies.
A Belize Offshore Company cannot trade within Belize. Banking, insurance, assurance, reinsurance business, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
A Belize Offshore Company does not pay any tax on its worldwide profits and there is no requirement to file accounts with the Belize authorities.
Belize is not party to any double tax treaties.
The BVI is a Premier Offshore Jurisdiction. A BVI Offshore Company (BVI BC) is used for International Trade, Investment and Tax Planning. This type of entity is popular for trading companies and investment companies. Bearer shares are allowed (Bearer shares will be subject to anti-money laundering and due diligence obligations and a company which is authorised to issue bearer shares pays higher incorporation and annual fees).
A BVI Offshore Company cannot trade within the BVI. Banking, insurance, assurance, reinsurance business, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
A BVI Offshore Company does not pay any tax on its worldwide profits and there is no requirement to file accounts with the BVI authorities.
The BVI is not party to any double tax treaties.
Panama is a Premier Offshore Jurisdiction. A Panamanian Offshore Company (Panamanian Corporation) is used for International Trade, Investment and Tax Planning. This type of entity is popular for trading companies and investment companies. Bearer shares are allowed.`
A Panamanian Corporation cannot trade within Panama. Banking, insurance, assurance, reinsurance business, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
A Panamanian Corporation does not pay any tax on its worldwide profits and there is no requirement to file accounts with the Panama authorities.
Panama is not party to any double tax treaties.
Seychelles is a Premier Offshore Jurisdiction. A Seychelles Offshore Company (Seychelles IBC) is used for International Trade, Investment and Tax Planning. This type of entity is popular for trading companies and investment companies. Bearer shares are allowed.
A Seychelles Offshore Company cannot trade within Seychelles. Banking, insurance, assurance, reinsurance business, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
A Seychelles Offshore Company does not pay any tax on its worldwide profits and there is no requirement to file accounts with the Seychelles authorities.
Seychelles is not party to any double tax treaties.
UAE Offshore Company (Ras Al Khaimah)
Ras Al Khaimah Emirate (UAE) is a Premier Offshore Jurisdiction. An UAE Offshore Company registered in Ras Al Khaimah (Free Zone Company) is used for International Trade and Investment. Bearer shares are not allowed.
An UAE Offshore Company cannot trade within UAE. Banking, insurance, assurance, reinsurance business, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
An UAE Offshore Company does not pay any tax on its worldwide profits and there is no requirement to file accounts with the UAE authorities.
Vanuatu, officially the Republic of Vanuatu, is a group of islands located to the East of Australia and North of New Zealand. Vanuatu was an Anglo-French Condominium from 1906 until independence in 1980 when it became a self-governing republic and a member of the Commonwealth. Vanuatu is a rapidly developing offshore centre offering numerous benefits for international entrepreneurs.
Although Vanuatu became a tax haven in 1971, only after the international companies (offshore companies) Act was introduced in 1993, Vanuatu joined most successful offshore jurisdictions of the world.
A Vanuatu Offshore Company does not pay any tax on its worldwide profits and there is no requirement to file accounts with the Vanuatu authorities.
St. Vincent and the Grenadines is an independent English speaking nation, located in the Eastern Caribbean. IBC’s incorporated in St. Vincent are completely free of all taxes. There are no exchange controls. There are no tax information exchange treaties with any country.
There is no requirement for books or audited reports to be presented to any authority.
The original bearer shares are required by law to be kept at the Registered Office. Copies are provided to the owners.
To make this perfectly clear the “Confidential Relationships Preservation (International Finance) Act, 1996 specifically says “The Court hearing an application for directions under this section shall not allow the giving in evidence of confidential information in connection with the enforcement or prosecution, of the civil or criminal revenue or tax laws of another state, territory or other political jurisdiction”.
