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Some people are concentrating hard on offshore business despite the fact that their domestic business prospectus are very conducive for growth. What may be the causes of such offshore trend? What are the prime benefits of Offshore Business?

The breakthrough in technology has made the global transactions almost transparent. The time is not far behind when every transaction can be tracked. Therefore hiding tax would be very difficult and business carried anywhere in the world would be indifferent. So I doubt the future of offshore...

Thinking to buy a cheap but Latest Laptop to be specifically used for online and internet browsing. My PC would not be used for off line purpose. I have only $300 Dollars and very flexible regarding choice of brands. Which is the best website to buy?

I think it is a breakthrough in technology. But feel sorry, that it can be used only in smart phone but not in a GSM phone. The context-aware software may replace GPS(Global positioning system). But it would take time. Definitely the developments in context-aware technology used in smart phone...

I think it is a breakthrough in technology. But feel sorry, that it can be used only in smart phone but not in a GSM phone. The context-aware software may replace GPS(Global positioning system). But it would take time. Definitely the developments in context-aware technology used in smart phone...

I want to open an Online store in eBay. My Paypal Account is not verified and I have no Credit Card. Can I open an Online store to sell digital products. How much capital do I need?

Thanks for describing about a new concept on "Marginal Tax". I think Marginal Tax is calculated and collected in USA. I have never heard such tax in any Asian countries. Margin tax calculation formula as given above is quite interesting.

The Cyprus Offshore companies are exempt from VAT on their trading activities. They also do not pay VAT on telecommunication services and on goods eligible to be purchased duty free. So this a great facility being enjoyed by Cyprus offshore companies.

The services that are being offered by agents or authorities to establish new companies and expand business activities in foreign countries may be defined as offshore service. There are a large number of agents providing offshore services in Cyprus. You can easily search and find them. Offshore...

Tax treaty may be defined as bilateral agreement between two or more foreign countries to prevent double taxation on goods and services. The taxes levied twice on the same income, profit, capital gain, inheritance or other item can be called as double taxation. In some countries they are also...

That's great information for new aspirants who are going to establish offshore companies in Cyprus. There is no Capital Gain Tax in Cyprus except disposal of immovable properties. By such clever tax facility offered by Cypriot authorities, there would massive wealth creation in Cyprus.

Tax treaty may be defined as bilateral agreement between two foreign countries to prevent double taxation on goods and services, The taxes levied twice on the same income, profit, capital gain, inheritance or other item can be called as double taxation. In some countries they are also known as...

Yes they Can purchase. Offshore companies in Cyprus and their expatriate employees are allowed to purchase immovable property in Cyprus for their own use or their residence.

If you have an offshore company in Cyprus, you can enjoy so many tax benefits. Income tax ranges from 10 to 20%. No tax on dividends. No Capital gain tax. No withholding tax on dividends. Exemption from stamp duty on any contracts entered into by offshore entities. No estate duty on...

Presently Cyprus as an offshore destination in Europe offers a lot for the business enthusiasts to start a offshore company there. I think Cyprus is a Tax incentive country rather than a Tax heaven. So I would expect, it should be a tax heaven for investors.

There is long list of benefits for the offshore companies who are registered in Cyprus. But here the best five benefits. 1-Cyprus is a tax incentive country. No withholding of tax on dividends. No capital gains tax. 2-Freely transferable accounts of any currency may be kept either in Cyprus...

It is very easy to set up a Cyprus company in Cyprus. Here are those steps in short. 1-Approval of the name of the company 2-Application to the Central Bank for Exchange Control approval 3-Preparation and printing of the Memorandum and Articles of Association of the company in the Greek...

Thanks for your informative article on Shelf company. But the main reasons for buying a shelf company is to save time, hustle, and bustle involved in the process of doing paperwork and necessary documents required to set the company up. I think a shelf is same as a ready made company.

I think three forms HE1, HE2, HE3 are required to be filled up while applying to the registering authority of Cyprus. Copy of approval from the Central Bank of Cyprus is also needed along with the above forms.

Definitely. One should take the help of local agents while registering a company in overseas destinations. As they are more involved with local problems and difficulties, taking their help means, the entire registering process would be simplified. The business entrepreneur should be ready to pay...