by Ronald Edwards
Think Again! Read below for a comparison.
This is a jurisdiction that may have a few small features regarding taxation but when it comes to privacy it is most deficient.
One disadvantage of Hong Kong companies is that annual financial statements must be prepared, audited and presented to the Government to prove that the company …
by T. O’ Donnell
You might want an offshore bank account in order to:
Expand your business;
Minimise your taxation;
Simplify business administration;
Asset protection;
Estate planning;
Financial anonymity;
Tax-free investing.
by Smythe Bradley
The Cook Islands is another example of a has been jurisdiction that over time has compromised their secrecy and privacy laws to make the jurisdiction no longer a valid offshore jurisdiction.
by Neil Lemons
“Money laundering” as it is commonly called, involves the transfer of monies that are a product of criminal activity – whether that activity is drug trafficking related or white collar crime related. Although there is a fairly broad definition of money laundering, the federal money laundering laws were enacted to attempt to take …
