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.
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.
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.
Guatemala is located in Central America, between El Salvador, Belize and Mexico. Guatemala is Spanish speaking and a Civil Law jurisdiction.
TIEAs signed with Australia and the USA, but other than Scandinavia, no TIEAs have been signed with European countries. Mauritius is popular in India.
East of Madagascar, Mauritius became independent from the UK in 1968 but remains a member of the British Commonwealth.
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.
Saint Kitts and Nevis is located in the Caribbean Sea, about one-
Panama, located between Costa Rica and Colombia is famous for its Canal which joins the Atlantic and Pacific Oceans.
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.
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.
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.
St. Vincent & the Grenadines in the Eastern Caribbean gained independence from the UK in 1979 but remains a member of the British Commonwealth.
Relatively few TIEAs -
The Seychelles, NE of Madagascar in the Indian Ocean, became independent from the UK in 1976 but remains a member of the British Commonwealth.
Well known and popular jurisdiction, however all documentation is in Spanish and the requirement for 3 directors adds to costs.
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
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.
Inexpensive to form and maintain. Traditionally known for privacy. TIEAs include France, UK, Belgium, Australia as well as Scandinavia so caution should be exercised.
Formerly British Honduras, Belize is in Central America, between Guatemala and Mexico. It gained independence from the UK in 1981.
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.
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.
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.
The Commonwealth of Dominica is between Puerto Rico and Trinidad. Independent since 1978 it remains a member of the British Commonwealth.
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.
Unless indicated otherwise, all the listed jurisdictions allow the following:-
We offer a variety of International Business companies (IBCs) in typical tax havens, as well as three non-
What can an IBC or Zero-
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 -
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-