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Copyright © 2013 - 2017. Tai Pan Management Services Ltd.,  Reg. No 1942748 Registered in Hong Kong. At 65-67 Bonham Strand East, Hong Kong

TAIPAN MANAGEMENT SERVICES LIMITED TAX PLANNING, RESIDENCY & ADVISORY SERVICES
COMPANY FORMATION SERVICES

Renewal date.

Background

Unfortunately, Gibraltar has signed 27 TIEAs including the major countries of Europe, the USA, Australia, New Zealand along with some unusual counter parties e.g. Turkey and India. We would recommend Gibraltar for asset holding and not for general trading.


TMS RATING

Key information for Gibraltar Non-resident Ltd. Companies:-

Privacy.


Features.

Gibraltar is a British overseas territory at the southern tip of Spain. It is a "special status" member of the E.U. and is exempted from VAT. The Governing law is the Companies Ordinance of 1930 based on the UK Act of 1929.


Accounts and Annual return.

Renewal date.

Background

An unusual and little known jurisdiction in Central America. The benefit of Guatemala is territorial taxation rather then exemption. This is slightly a case of hiding in plain sight.



TMS RATING

Key information for Guatemala SA Companies:-

Privacy.



Directors & Shareholders

Guatemala is located in Central America, between El Salvador, Belize and Mexico. Guatemala is Spanish speaking and a Civil Law jurisdiction.




Accounts and Annual return.

GUATEMALA SA

Renewal date.


Annual requirements.

Background

TIEAs signed with Australia and the USA, but other than Scandinavia, no TIEAs have been signed with European countries.  Mauritius is popular in India.

TMS RATING

Key information for Mauritius GBC2:-

Privacy.

Features.

East of Madagascar, Mauritius became independent from the UK in 1968 but remains a member of the British Commonwealth.

MAURITIUS GBC2

Renewal date.

Background

Not well known and therefore relatively discreet, however the number of TIEAs is above the minimum required and includes the larger EU countries together with Australia, New Zealand and Canada.



TMS RATING

Key information for Nevis International Business Companies:-

Privacy.

Features.

Saint Kitts and Nevis is located in the Caribbean Sea, about one-third of the way from Puerto Rico to Trinidad and Tobago.  It became independent from the UK in 1983.  Saint Kitts & Nevis is a member of the British Commonwealth.


NEVIS - IBC

Renewal date.

Directors

Background

Key information for Panama SA Companies:-

Privacy.

Features.

PANAMA SA

Panama, located between Costa Rica and Colombia is famous for its Canal which joins the Atlantic and Pacific Oceans.

Renewal date.


Annual requirements.

Background

Key information for RAK:-

Privacy.

Features.


RAK IC - DUBAI, UAE COMPANY

RAK (Ras Al Khaimah) is located on the eastern side of the Arabian Gulf and is part of the United Arab Emirates (UAE) which also includes Dubai.


Renewal date.


  1 Jan - 31 Mar     $1,250

  1 April - 30 June  $1,000

  1 July - 30 Sept    $825

  1 Oct - 31 Dec      $500

Background


TMS RATING

Key information for St Lucia International Business Companies:-

Privacy.

Features.

ST LUCIA - IBC

St Lucia is located north of Trinidad and Tobago. The island received its independence in 1979, but remains a member of the British Commonwealth.


Not well known and therefore relatively discreet. Reasonably priced and fast to form. Unfortunately, the TIEAs include Germany, Scandinavia, the UK, the USA, Australia and New Zealand. Caution should therefore be exercised.

Renewal date.

Background

Not well known and therefore relatively discreet. Reasonably priced. Unfortunately, the TIEAs include Germany, Scandinavia, the UK, Australia and New Zealand. Caution should therefore be exercised.


Relatively unregulated e.g. Forex trading does not require a licence.

TMS RATING

Key information for St Vincent International Business Companies:-

Privacy.

Features.

St. Vincent & the Grenadines in the Eastern Caribbean gained independence from the UK in 1979 but remains a member of the British Commonwealth.


ST VINCENT - IBC

Renewal date.


Background

Relatively few TIEAs - Scandinavia and a few others. Inexpensive to form and maintain and fast incorporation. Very popular when combined with a bank account with ABC Bank in Mauritius.

TMS RATING

Key information for Seychelles International Business Companies:-

Privacy.

Features.

The Seychelles, NE of Madagascar in the Indian Ocean, became independent from the UK in 1976 but remains a member of the British Commonwealth.



SEYCHELLES - IBC

Accounts etc. No filing requirement but the RA must be notified where maintained.


Taxation.

Well known and popular jurisdiction, however all documentation is in Spanish and the requirement for 3 directors adds to costs.

TMS RATING

TMS RATING

NO TIEAs have been signed, or to our knowledge, been negotiated. Therefore RAK offers excellent privacy. For detailed information about RAK, UAE please visit
our associated site formaRAK.com

Renewal date.

Electronic incorporation and therefore fast to form. UK nationals should exercise caution as Anguilla is still an overseas territory.

A small British Overseas Territory in the Eastern Caribbean, Anguilla seceded in 1971 from the former federation with St. Kitts & Nevis.

TMS RATING

Key information for Anguilla International Business Companies:-

Privacy.

Features.

Renewal date.

Background

Inexpensive to form and maintain. Traditionally known for privacy. TIEAs include France, UK, Belgium, Australia as well as Scandinavia so caution should be exercised.

TMS RATING

Key information for Belize International Business Companies:-

Privacy.

Features.

BELIZE - IBC

Formerly British Honduras, Belize is in Central America, between Guatemala and Mexico. It gained independence from the UK in 1981.

Accounts.

Renewal date bi-annual.

Background

Very popular with lawyers forming on behalf of clients, the BVI is the jurisdiction of choice for many professionals. However, it is becoming expensive particularly for nominees and management services.


UK nationals should exercise caution as the BVI is still an overseas territory. Relatively large number of TIEAs signed with a number of high tax jurisdictions including the UK, Germany, USA, Netherlands, Australia and New Zealand.



TMS RATING

Key information for BVI International Business Companies:-

Privacy.

Features.

BRITISH VIRGIN ISLANDS (BVI) - IBC

Until 1960 a part of the Leeward Islands in the Eastern Caribbean, the BVI remain a British Overseas Territory. An early adopter of “IBC” legislation in the 1980’s, it continues to be the “jurisdiction of choice” for many professionals.

Renewal date.

Background

Not well known and therefore relatively discreet. Inexpensive and fast to form and maintain. Unfortunately, the relatively low number of TIEAs includes Germany, Scandinavia, the UK, Australia and New Zealand. Caution should therefore be exercised.


TMS RATING

Key information for Dominica International Business Companies:-

Privacy.

Features.

The Commonwealth of Dominica is between Puerto Rico and Trinidad. Independent since 1978 it remains a member of the British Commonwealth.


DOMINICA - IBC

GIBRALTAR - NON RESIDENT

Short summary of each IBC jurisdiction we offer


Please see below to find summary information on the various jurisdictions we offer (as in the table above). This summary gives a very short description and covers important points relevant to that jurisdiction e.g. renewal dates, privacy concerns and accounting requirements, together with our opinion.


Common features of IBCs


Unless indicated otherwise, all the listed jurisdictions allow the following:-


 


 


ANGUILLA - IBC

Background

We offer a variety of International Business companies (IBCs) in typical tax havens, as well as three non-standard Zero-Tax companies. These are Gibraltar, Guatemala and RAK.

INTRODUCTION TO ZERO-TAX COMPANIES AND IBCS

What can an IBC or Zero-Tax company be used for?

Almost anything, but with reservations. We would not recommend high profile trading with an IBC directly in to the EU, USA, Australasia, and other high tax areas - however RAK & Guatemala can be exceptions to this.


The reasons are: 1. Such trading would attract unwelcome attention from the local Revenue Authorities. 2. In several countries, particularly the core EU, (France, Germany, Spain, Italy etc.) this would provoke withholding taxes i.e. your customer, if a medium or large company, might be forced to pay part of your invoice directly to the local tax office (on the specious grounds that somehow the local revenue is being deprived).


We therefore recommend IBCs to be used for e-commerce, discreet trading e.g. consultancy fees etc., for asset holding, and the holding of Intellectual property (I.P.). IBCs can also be used to own the shares in low tax companies e.g. a Cyprus company may be formed with an IBC acting as shareholder. In such a case the dividends earned by the Cyprus company would be paid to the IBC’s bank account rather then to the beneficial owner.

#Anguilla-IBC-Offshore-Company-formation #Belize-IBC-Offshore-Company-formation #Belize-IBC-Offshore-Company-formation #Dominica-IBC-Offshore-Company-formation #Mauritius-IBC-Offshore-Company-formation #Nevis-IBC-Offshore-Company-formation #Seychelles-IBC-Offshore-Company-formation #RAK-UAE-Offshore-Company-formation #St-Lucia-IBC-Offshore-Company-formation #St-Vincent-IBC-Offshore-Company-formation #Guatemala-IBC-Offshore-Company-formation #Panama-IBC-Offshore-Company-formation #Gibraltar-IBC-Offshore-Company-formation

On this page you will find:


What can an IBC or Zero-Tax company be used for?


Short summary of each jurisdiction


Common features of IBCs & TIEAs


COMMON FEATURES OF

ZERO TAX JURISDICTIONS ARE







OUR BLOG