What are the tax havens around, beside Seychelles, Belize and Panama?

[sonato]

To sum up, the tax havens to go with today and which are safe are:‌

Philippines

Until today made 0 TIERS and are missing 12

Vanuatu

Until today made 0‍ TIERS and are missing 12

Liberia

Until today made 0 TIERS and are missing 12⁠

Niue

Until today made 0 TIERS and are missing 12

Belize

Until today made 0⁤ TIERS and are missing 12

Seychelles

Until todat made 0 TIERS and are missing 12⁣ but they even not boughter!

In my opnion it is the Seychelles, not because I⁢ have any special preferance to this, but isolated looking at the TIERS and where the︀ other offshore countries are located.

 

[clemens]

Welcome sonato, thank you for your summary. I read that the Seychelles Commits to Co-operate‌ with OECD on Eliminating Harmful Tax Practices, what does that mean for our privacy there‍ and for the information that one has to provide in order to register a Seychelles⁠ company?

source: Seychelles Commits to Co-operate with OECD on Eliminating Harmful Tax Practices

 

[Moh1]

According to this /forum/f5/seychelles-tieas-oecd-official-list-11828/ the Seychelles so far won the battle, but it can't be‌ true that they are the only tax haven left who made it, any other input‍ would be appreciated?!

 

[pchees]

Hi

I have a new possibility.

Ras Al Khaimah, which is one of the emirates‌ of the United Arab Emirates.

You can set up an IBC in 2-3 days once‍ they have the documentation.

The area is politically stable. The currency (dirahm) is pegged to⁠ the USD at 3.65.

Can get a business bank account through the major banks.

No corporation tax

No income tax

No VAT

Full repatriation of profits.

Winner of top location⁤ in the Middle East for Foreign Direct Investment (FDI) 2010

Easy travel connections via Abu⁣ Dhabi, Dubai. New airline/Airport to be a launched in RAK shortly.

Extremely secure and private.⁢

Hope that helps. I can answer any questions.

 

[drillbill]

The other day I spoke with one of my business partners who obviously wasn't aware‌ of any of the possibilities a tax haven offers, I told him about the Seychelles‍ and Belize, for the Seychelles his comment were it is a Pirate Island ( lol⁠ ) Belize he told me that he don't trust since it is close to Mexico⁤ which had a huge business for Heroin involving the Drug Marf, so he heard of⁣ Panama where he had spoken with a legal advisor about for a few years ago⁢ now he sticked with the UK where he incorporated one of the popular 1 pound︀ corporation which obvious are not Offshore... I told him about the many possibilities I had︁ with my Offshore corp. now he is looking into BVI, Panama, Stk. Kitts and a︂ few others.

 

[drillbill]

It looks like many of the offshore tax havens around have been signing one TIEA‌ after another, how does it affect the particular jurisdiction, will it be safe in the‍ future to go offshore if the purpose is to hide from tax authorities, will it⁠ be safe as a asset protection vehicle ?

 

[ebaywins09]

Indeed, you⁤ will always find new oportunities to go offshore regardless whatever they do or turn the⁣ world on the head.

 

[pchees]

It does seem to be a key point that most offshore tax havens have been‌ forced to sign TIEA agreements, so how can you chose one? In the UAE the‍ IBC centre refuses to discuss with anyone externally concerning offshore companies. The only way they⁠ would reply to a request is if it was through the ruler's court in RAK,⁤ and that would require a very long and laborious process in Arabic. Proof has to⁣ be given for a crime, and tax evasion is not a crime in the UAE.⁢

 

[bonzo]

UAE ha no tax agreement (TIEA) at all?

 

[pchees]

The UAE is not a member of the OECD (organisation for economic co-operation and development),‌ and is not on any blacklist. The UAE is not dependent upon any other country‍ i.e. a protectorate etc. The RAK offshore facility will refuse any request for information from⁠ an external party and they are owned by the government. RAK is a real economy⁤ and does not depend upon creating offshore companies for its main business. In 4 years⁣ they have created over 3,500 IBCs there.

 

[fxstarter]

This is interesting stuff with the UAE but I believe it is diffuclt and expansive‌ to manage a company in the UAE since there are no laws that protect foreigners.‍

 

[Belarious]

Any information on the UAE - I heard Dubai is the metropol for offshore activities.???‌

 

[princess]

Can someone please update this thread, I'm interested to know about Dubai, Curacao, Bahamas?

 

[JohnLocke]

Some good advice would be to search here on the forum /forum/search.php?searchid=486678 or use google‌ to see who have signed any TIEA, DTA and other information exchange agreements.

Dubai is‍ a fantastic country if you want to move to there to enter into any business⁠ activity.

 

[pesto]

Old thraed but nice.

What about to add Hong kong to this list? or Guatemala?‌ Any comments are welcome?

 

[georgegt]

Well you have not mentioned Guatemala, still a tax heaven. Taxes are rather high in‌ Guatemala. But the system of taxation is based on the territoriality principle, which means that‍ none offshore income is chargeable with tax in Guatemala. Companies are subject to income tax⁠ only on their Guatemala source income. This rule equally refers to capital gains and distribution⁤ of dividends.

Regular monthly, quarterly and annual financial reporting is to be submitted to the⁣ local tax authorities. At the same time, offshore bank accounts of Guatemalan companies are not⁢ subject to local reporting.

 

[stephenbestel]

georgegt, I am very interested about Guatemalan Offshore. Do banks require identification/declaration of ultimate beneficial‌ owners?

 

[georgegt]

Banks do require identification for shareholders. But we fo suscribe a primate contract in our‌ office so you can use our shareholders service

 

[eclipse]

This should be made a topic,️ very good written !!

 

[eclipse]

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