Offshore companies are defined as a corporate entity that does not operate domestically in the jurisdiction it is incorporated in, but rather conducts its business activities in foreign markets. The main reason for doing so would be to gain access to favourable tax regimes and to facilitate global trading and expansion. Despite their traditionally negative...
As a foreign investor and business owner, it is imperative for you to understand which business structure you need to register company in Taiwan. In this article, we will discuss which entity- subsidiary vs branch office is more suitable for your business and also provide a step-by-step guide to setting up company in Taiwan. For...
Deciding on which country would be the most suitable for corporate bank account opening is imperative for your business. In this article, we discuss some key factors you need to take into consideration when deciding the best offshore bank account for your business. How to choose the best jurisdiction with an offshore bank account? To...
When you set up an offshore company in a different jurisdiction, you will usually want to open a corporate bank account in that jurisdiction because of the convenience of conducting transactions with a local bank account. A local corporate bank account may also be a requirement for registering a company in that particular jurisdiction. With...
Appointing a resident director is one of the first steps to incorporating your company in Australia. Resident directors are responsible for the management of your business. However, finding a suitable resident director for your Australian subsidiary or branch office may be cumbersome. Therefore, you may wish to appoint a nominee director in Australia instead. In...
Offshore company formation brings about numerous benefits, such as tax advantages, asset protection, and international business opportunities. With many countries to choose from, it may seem like a daunting task to choose a country for offshore company formation and corporate bank account opening. With each country offering different advantages, it is crucial to select a...
Administered by the Fujairah Free Zone Authority (FFZA), the Fujairah Free Zone (FFZ) is a special economic zone which is located in the Fujairah region. Companies that are set up in this Free Zone enjoy numerous benefits including zero corporate taxes, 100% repatriation of capital and profits, exemption from import and export duties, provision of...
If you are looking for greater confidentiality and more tax benefits, Dubai is the ideal place for you. Not only does Dubai offer zero corporate taxes, but it also has double taxation treaties with numerous countries to protect companies from the risk of double taxation. Although Dubai is growing in reputation as a tax haven...
With many countries to choose from, it may seem like a daunting task to choose a country for corporate bank account opening. With each country offering different advantages, it is crucial to select a country that best meets your long term goals and business needs. In this article, we will explore the factors to consider...
Oftentimes, traditional banks are wary of cryptocurrency businesses because of the high risks and volatility brought about by cryptocurrencies. As such, crypto businesses may find offshore bank account opening with traditional banks challenging due to strict regulations. Therefore, finding crypto-friendly banks for corporate bank account opening will be the best alternative for your cryptocurrency business....
