This is an especially complex subject and, as the title implies, this post will merely serve as an introduction. I might go more in-depth in future posts. Asset protection is a term thrown around quite lightly in the financial services industry. Set up an LLC here, establish a trust there,…
My favourite among the three Baltics republic, this marks the fourth time I write a post related to Estonia. See previous articles: How to Open an Estonian Bank Account Jurist24 (Estonian incorporation agent) SEB (Estonia and Sweden) Culturally closer to Scandinavian than the Baltics or Eastern Europe, Estonia has linguistically…
Welcome to Offshore, USA! Population: trillions of dollars. After a pre-FATCA scare, the gates of the offshore financial world are opening up to Americans again, albeit with tighter controls and regulations. For people who are neither resident nor citizens of the US, it is arguably one of the most attractive…
With Andorra and Liechtenstein already written about, it’s time for the third and final principality: Monaco. Situated on the beautiful French riviera, Monaco is one of the most harshly criticised tax havens, for long having turned a blind eye to everything but the worst of crimes. While no coverage of…
The time has come to take a look at the three Caucasus republics and what banking there is like. Azerbaijan What do you get when you mix friendly relations with Russia, Iran, Turkey with oil, a totalitarian regime, a growing economy that seeks foreign investment, and one-time Eurovision winner? You get…
Among the most remote jurisdictions I will cover, Cook Islands are one of the Pacific tax havens along with such noteworthy neighbours as Samoa and Vanuatu. Cook Islands consist of 15 stunningly beautiful islands spread out in the warm waters of the south Pacific. This tax haven is an associated…
Today, I will touch on a number of concerns you may face if you are thinking about running an ecommerce business through an offshore company. Ecommerce here refers to the sale of goods and consumer services. Freelancing, consulting, and affiliate marketing comparable services (typically B2B) are not specifically included here….
There are three sovereign, recognized principalities in the world. All three are in Europe. All three are tax havens. One is by the coast. The other two are tucked up in the mountains: Andorra and, today’s subject: Liechtenstein. (Monaco is coming; don’t worry.) Let’s find out what’s going on up…
So you have evaded some taxes. Not exactly a cool crime, is it? Time to take it up a notch and move into money laundering. Have your tailor sew you a black-and-white striped body suit and start streching and warming up your ankle for some ball-dragging because you, my friend,…
New Zealand isn’t exactly a tax haven nor is it a secrecy jurisdiction, but it is nonetheless an interesting player in the international financial services sector. Comparable to its former owner, whose queen it still hails, New Zealand has found a way to enter this industry with an almost spotless…