Tai Pan International (Taipan Management Services Ltd), a member of The TMS Group, provides services to both professional firms as well as to direct clients. We invite professional introducers to have a look at our services here.
We do not just form offshore companies but rather, we provide a complete “one-
Taipan International offers tax planning and company structuring services to clients worldwide. For further information, please see below and our taxation page.
We, and other members of The TMS Group, offer a wide range of jurisdictions e.g. Hong Kong, Singapore, Cyprus and Ireland as well as classic IBCs (International Business companies such as Belize, Dominica, BVI, Seychelles, St Vincent and others). We are also able to assist clients to establish companies where appropriate, in other slightly more esoteric jurisdictions such as Guatemala, Gibraltar, & RAK (UAE). (see our jurisdictions page for more information).
Companies without bank accounts tend to be of limited use!... We are therefore please to offer banking introductions to a number of onshore and offshore banks including ABC Banking Corp (Mauritius, Norvik Bank (Latvia), DBS and OCBC (Singapore) and Bank of St Lucia amongst others. (see our banking page for more information).
European based clients will probably be aware of the new (from 2015) ‘TBES’ directive, which, in effect requires, all business-
The above directive applies, at the moment, to electronic downloads with minimal human intervention e.g. music, e-
Given that the above regime affects sales of electronic downloads and services, it may be already obvious that the solution might be to move the business in whole or in part outside the EU… How?
First, a company would be established in a suitable jurisdiction. We would tend to recommend a low tax rather than zero tax as it attracts less attention when selling openly on internet. This could be a Singapore or a Hong Kong company (‘Low-
It would also be possible to use a RAK (UAE) company in a same way and in this case there would be no corporation tax payable at all as the Emirates are tax free zone. In this case, a little more care would need to be taken in setting up the arrangement in particular not to link the home company with the RAK company other than for the purposes of the royalty / license agreement.
This is a very simple yet very workable solution to an administratively messy and expensive problem.