Running an onshore or offshore business can be a tricky task. Regulations and laws between countries vary and one can get easily lost in the amount of information out there. We source the best and up to date news from offshore and onshore world, international tax, accounting and banking industries. On top of that, we share our own thoughts and views on all topics mentioned above. We hope you will enjoy our blog and find it valuable.
A growing number of African countries are offering residence and citizenship to foreign investors through their investment programs. These programs, known as migration investment programs, allow investors to purchase citizenship or residency in exchange for investment in a country.
The real estate market in South Africa has experienced a surge in demand for luxury homes and properties in recent years due to a stable political climate, foreign investment and the growth of the middle class.
There are over 375,000 active BVI Business Companies (with approx. 57% owners from Asia and 16% from Europe and North America) facilitating an estimated $1.4 trillion in cross-border trade and investment, supporting around 2.3 million jobs globally and generating $14bn each year in taxes for governments worldwide.
South Africa, Egypt, Morocco, Nigeria and Kenya account for 56% of the Africa’s high-net-worth (HNW) individuals and over 90% of its billionaires. The number of millionaires is expected to jump by 42% over the next decade.
The President of Madeira has rejected plans to end the Portugal’s golden visa scheme arguing that it is good for the growth of island’s economy.
Albania’s Prime Minister, Edi Rama, has announced that the country’s planned Citizenship by Investment Program (CIP), also known as the “golden passport” scheme, will be temporarily suspended.
On November 4, 2022, the Czech Parliament approved a tax on extraordinary profits of energy, petroleum, mining companies and banks + our comment.
Marián Vasil: “Interesting comparison between Florence and Dubai, my home city at the moment.”
We live today in a global world with unprecedented possibilities of travelling, working and living in different countries, however the majority of people born in one country, stay living in that country, and many people even stay living in the same town where they were born.
How to choose the best offshore bank for you? Here are eight frequently asked questions and answers.
International exchange of information in tax matters – rapid developments.
The Dubai Multi Commodities Center (DMCC), a renowned economic free zone in Dubai is to allow licensing for firms that offering, issuing, listing and trading crypto assets.
The UAE is one of the world’s fastest-growing tax havens according to The Corporate Tax Haven Index 2021.
Strategic location of Dubai, in the middle between Europe, Africa and Asia and excellent conditions for doing business have created in recent years from Dubai the brand on its own.
In a landmark citizenship policy change, the UAE is to allow for the naturalisation of foreign investors, skilled professionals.
On 24 December 2020, after a referendum on Brexit, the UK and EU concluded a free trade agreement worth of 660 billion, the biggest in history.
On 23 November 2020 the government of the United Arab Emirates officially announced that foreign investors can fully own local companies (LLC and joint stock companies) without the need for an UAE citizen sponsor currently required to hold the 51% majority.
Nowadays, in the global and interconnected world with issues such as security, healthcare, and education, the tax advice is not just about minimising taxes anymore.
After a few contentious weeks of negotiations, Cyprus and Russia have reached a final agreement on their amended double tax treaty.
Coordinating Minister for Maritime Affairs and Investment said Indonesia will not open the tourism sector to foreign tourists until the end of 2020.
The National Day of Singapore is a public holiday, celebrated on August 9th each year. If August 9th falls on a weekend, then a public holiday will be observed on the following Monday.
The reason, why Belgian National Day exists is that in 1830, the southern provinces of the United Kingdom of the Netherlands rebelled against Dutch rule, forcing the Dutch out of the region and securing Belgium’s independence.
Month of July, the Bank Account Bonus Month reminds us all to take a moment and think about opening a bank account that will pay us to do so! The aim of this month is to celebrate bank account sign up bonuses and try to get as many new bonuses as possible.
In a digital era of the 21st century, cryptocurrencies such as bitcoin, ethereum, ripple or litecoin, have become a newborn alternative and universal currency without the need of attachment to any particular state.
Since Dubai is one of the key jurisdictions for Benson Formations and means a lot to us, therefore, to celebrate this day, we have decided to prepare some interesting and useful information about this emirate before your travel to Dubai.
The United Nations designated 5 June as World Environment Day. Therefore, we prepared 12 tips how to make your office more eco-friendly.
The Czech Republic can be a role model for other countries in helping employers to manage the costs of tests for the COVID-19 virus.
The Czech Republic’s government is worried that its proposed rate of 7% on digital tax on giant tech companies such as Google and Amazon might be too high compared to other EU states.
It is important for us to follow trends in accounting because we can make our services improving and moving forward on continuous basis.
The technology is constantly in progress, it affects also accounting which is becoming more efficient as a result.
The shift towards disclosure of real owners of companies worldwide continues with Panama to join in the ranks.
There are some good news for Republic of the Marshall Islands (RMI), one of most renowned offshore jurisdictions.
