After a few days of turmoil, I have an update to share. Articles / Blog Posts In terms of written content, I am happy to report a complete recovery except for Jurisdiction Spotlight: Luxembourg. Out of over 150 articles, I am quite content re-writing one article. Thanks to two members…
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Dear readers, commentators, forum posters, and community members in general, I am taking a vacation for an undecided period of time. The degree of vacation is also undecided, in that I expect to not completely avoid this website and others like it. What happened? In November 2015, I moved the…
This is a companion article to my recent article on Automatic Exchange of Information (AEOI). It spurred from a discussions over at the forum about Real Jurisdiction secrecy and AEOI (among other threads on the subject). With banking secrecy being eroded over the last decades and corporate secrecy penetrated by…
Tucked away up in the Apennine Mountains of Italy, which fully surrounds the tiny nation, San Marino is the longest surviving sovereign state and republic, tracing its origins to the 3rd of September in the year 301 when it gained independence from the Roman Empire. Since then, not much has…
What is AEOI? In very simple terms: jurisdiction sign the Common Reporting Standard (CRS) which dictate what information is to be shared and the MCAA (Mutual Competent Authority Agreement) which sets out the authority or authorities that will be responsible for handling the information. Ultimately, this leads to AEOI. Automatic…
Ras al-Khaimah (or more commonly RAK) is a subnational entity – an emirate – of the United Arab Emirates (or more commonly UAE). The UAE is a federation of hereditary absolute monarchies called emirates, which are led by emirs. There is an overall government, led by president Sheikh Khalifa (whose…
What is offshore web hosting? First of all, offshore can mean a lot of different things. In the financial services context, it is usually in reference to secretive and/or low-tax jurisdictions with favourable laws for incorporation, trusts, and banking. Jurisdictions such as Cayman Islands, British Virgin Islands, Switzerland, Belize, and…