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Gain Insights

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.

Investment Migration in Africa: An Overview of Emerging Trends

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.

Exploring South Africa’s Luxury Property Market

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.

British Virgin Islands Companies generate $14 bn each year in taxes.

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.

Most Africa’s Millionaires are from just 5 countries.

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.

Internet privacy concept

Home without Borders lifestyle

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.

Banking

Offshore Banking: Q & A

How to choose the best offshore bank for you? Here are eight frequently asked questions and answers.

Dubai becomes more crypto-friendly

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.

UAE to allow 100% foreign ownership of local companies

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.

The National Day of Singapore

The National Day of Singapore

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.

Belgian National Day

Belgian National Day

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.

The Bank Account Bonus Month

A month of July is the National Bank Account Bonus Month

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.

3 + 5 cryptocurrency tax-friendly countries 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.

3 + 5 Cryptocurrency tax – Friendly countries

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.

Day of establishment of Dubai

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.