Foreigners holding acceptable degrees and professional qualifications (whose monthly basic salary is more than S$1,800) are eligible to apply for an employment pass to work in Singapore. There are various types of employment passes, based on income bracket and qualifications:
Read the rest of this entry »Most offshore jurisdictions are free from foreign exchange controls and have tax-free and simple company legislation to cater for a diverse range of international business requirements. The most common reasons that businesses and high-net worth individuals consider using an offshore company is for:
Asset/Investment Protection
Confidentiality & Financial Privacy
Reducing Tax Liability (personal or corporate)
Estate Planning
Starting an Offshore Fund has its complexities. If you have been a super trader with an impressive track record, it is likely that you are also seeking to enter the international investment fund arena for the first time, with ’seed capital’ of between US$500K to US$1 million. This requires starting a private fund, preferably, offshore. …
Read the rest of this entry »Most offshore jurisdictions are free from foreign exchange controls and have tax-free and simple company legislation to cater for a diverse range of international business requirements. The most common reasons that businesses and high-net worth individuals consider using an offshore company is for:
Asset Protection/Investment Portfolios
Offshore companies are widely used for asset protection, wealth management and …
Establishing an offshore company is a very simple affair and can take as little as 24 hours to create a basic structure. Reasons for establishing an offshore company include everything from taxation minimization to asset protection. After analyzing your current situation and you discover there are definite benefits to setting up an offshore company, the …
Read the rest of this entry »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 …
