CITIZENSHIP PROGRAMME OF CYPRUS - Wide range of choice for investment Advantages of the citizenship by investment program in Cyprus: Dual citizenship is allowed Fast processing, less then half a year Lifetime citizenship Dependent children under the age of 28 are...
On being questioned in the Legislative Council on the regulatory and tax arrangements for the new open-ended fund company (OFC) structure in Hong Kong, the Secretary for Financial Services and the Treasury, Professor K C Chan, confirmed that the structure will be...
HongKong One Country Two System Chapter 1, Article 5 of the Hong Kong Basic Law, the constitutional document of the Hong Kong Special Administrative Region, states that: “The socialist system and policies shall not be practised in the Hong Kong Special Administrative...
Cyprus is an island country in the eastern Mediterranean Sea, located south of Turkey, west of Syria and Lebanon, northwest of Israel, and southeast of Greece. It is the third largest and third most populous island in the Mediterranean. There is a country at the...
My colleagues at MouxtiBay will probably have a little smile on their faces when I begin my Christmas toast this year. It must seem a little clichéd when the analysis of the year begins like this: “Offshore companies are coming to the end of what has been a difficult...
What are some Legal Ways to Reduce Taxes Taxes can take a big bite out of your income, but there are legal ways to reduce your tax bill. From deductions to credits to smart investments, there are plenty of strategies you can use to keep more of your hard-earned money....
Putin won, Putin wins, Putin will win?… Time Magazine, one of the world’s most prestigious publications, has chosen the year’s most influential person. To be precise, he was not chosen, but voted for. The result proved rather interesting, with Russian President...
A Trust is an agreement which is entered when the person establishing the Trust. - the Settlor - transfers his assets, or a part of them, to an independent third-party asset controller - the Trustee - on the understanding that following the agreement, the assets will...
What does Offshore Company mean? An offshore company is a business entity that is incorporated outside of its country of operation, typically in a jurisdiction with favorable tax laws or regulations, in order to take advantage of lower tax rates or regulatory...
Asset protection goals and tools As the name suggests, certain structures are not established primarily for the purpose of reducing taxes, but rather with the aim of the secure placing of assets, and the safe-keeping and/or continuous accumulation of valuables. In...
What is a tax haven? In everyday language a tax haven is a state or territory which provides a remarkably wide range of tax benefits for the offshore companies registered therein (the original English term - tax haven - means tax refuge). That is, an offshore company...
What are the main reasons for establishing an Offshore Trust? • The Offshore Trust is one of the most important tools in modern-day asset protection. An offshore trust for asset protection refers to a legal structure where individuals place their assets in a trust...