Here is a list of sixteen major base havens with offshore financial centres. 1. Antigua & Barbuda: Antigua and Barbuda ("Antigua") is located in the Northeast Caribbean Sea. Under its tax laws, a company is tax resident if it is incorporated under the 1995 Companies Act. Antigua levies corporate tax on resident companies at the 40% rate. Capital gains are [...]
The following article will guide you about how to choose an international offshore financial centre. Multinational businesses can effectively structure their worldwide operations as they wish. For example, it is conceivable to have an international group with: i. A production plant in Ireland or a tax-free zone in France, ii. An offshore financing company in the Netherlands, iii. An offshore [...]
In this article we will discuss about the meaning and types of off-shore financial centres. Meaning of Offshore Financial Centres: Offshore financial centres play a critical role in the international financial system. They provide finance, insurance, broking, holding-company and head-office services, and exist because the economic benefits outweigh their costs. In a global economy, there will be bona fide business [...]