This article highlights the main options of using Singapore overseas companies in international trade, tax planning and asset management. It should be noted that listing the whole range of aspects…
Category: Expert’s Blog Posts
Tax havens to be used less frequently
Why will the use of tax havens be contracted? The EU is coming up with strong measures to contract the use of jurisdictions that are considered to be tax havens.…
Acquisition of an offshore shelf company with bank account in Hong Kong or Singapore remotely: a story of self-delusion
Thousands of people go bust, and thousands lose their money! Nevertheless, there is a whole crowd of people willing to get everything at half price there and then with no…
Zero balance accounting in an offshore company: the pros and cons
What is an offshore company? Technically speaking, an offshore company is one that has been registered outside the jurisdiction of a natural person’s tax residence. In other words, the company…
Offshore Bank Account Scams
Changes to legislation in recent years have shown an increasing number of foreign bank accounts becoming more and more complicated to open. This is primarily associated with the pressure imposed…