Tax haven crackdown still to deliver missing billions
Tax avoidance, or the use of legal arrangements to reduce tax, is rife. According to the Australian Tax Office (ATO), Australian companies in 2012 sent almost A$60 billion to related parties in tax havens. But the Australian tax authorities are not having much success in averting it.
Companies — including Microsoft — that keep more than $50 Billion offshore to lower U.S. tax bills
Shells in Seychelles: Republic Fills Void as Home for Tax Avoidance
Seychelles Welcomes Impressive FDI Inflows
Fiscal advantages invite investments to Seychelles
Companies move to low-tax countries
Seychelles International Credit Rating Improves - FITCH Rating Agency
On 17 March 2014 the European Parliament has voted in favor of draft anti-money laundering rules that would require the ultimate owners of companies and trusts to be listed in public registers in European Union (EU) countries.
To incorporate a company you must provide your preferred Company name to be submitted for approval, once approved the new company can be incorporated within a few days and can be acquired as soon as we receive the application forms.
SIngapore signs a double taxation agreement (DTA) with The Seychelles
What exactly is “offshore”?
For such an exotic term, it’s actually quite a simple concept.
Going offshore means doing business in any country that isn’t the one in which you live.
For some people, that means banking internationally. For others, it’s about setting up a business in another country. And for others, it might involve more formal asset protection strategies, such as trusts.
Another way to think about it: For everyone else in the world, the United States is offshore. It’s all a matter of perspective.
In February 2014 G20 endorses new OECD Standard (Common Reporting Standard, CRS) for automatic exchange of tax information