OFFSHORE ARTICLES AND NEWS
THE BEST PLACE TO INCORPORATE OFFSHORE
The choice among numerous offshore jurisdictions and various company types can be complicated. Each offshore financial center and entity type carries its own set of advantages, benefits and possible trade-offs. In this article, we will attempt to simplify the selection process and explain some of the fundamental characteristics of offshore companies.
Read further on Where to Incorporate an Offshore Company?
OFFSHORE COMPANY BENEFITS
In this article we would like to outline some of the key benefits for incorporating an offshore company. These include low taxation, anonymity, asset protection, ease of reporting, lower overall operating costs and fees.
Read further on Why Incorporate Offshore?
WHAT IS AN OFFSHORE COMPANY?
Most business people have heard about offshore companies. However, very few are aware of what these companies are used for and how they differ from other more common corporate entities. In this article, we will introduce the key concepts related to offshore companies and outline some of their unique benefits.
Read further on What is an offshore company?
UK DIRECT RULE IN THE TURKS AND CAICOS
Britain imposed direct rule on its overseas territory of Turks and Caicos in the aftermath of corruption claims against the territory's local government.
Foreign and Commonwealth Office Minister, Chris Bryant, instructed the London-appointed Governor to suspend the ministerial government and the House of Assembly.
Read further on Turks and Caicos Offshore News
UNITRUST CAPITAL BECOMES A LICENSED OVERSEAS AGENT IN ANGUILLA
Upon reviewing the background information on our company and other application documents the Anguilla Financial Services Commission approved our application and granted us a license of an Overseas Agent. From now on, Unitrust Capital can provide our precious customers with direct services on offshore company formation and other corporate services in Anguilla. This means that we will be able to provide fast incorporation and additional documents issuance/retrieval services in this jurisdiction at a very competitive price.
Read further on us becomining a licenced Anguilla Offshore Agent.
THE CANADIAN AUDITOR GENERAL PRAISES CRA
The Canadian Auditor General of Canada has recently examined activities of CRA (Canada Revenue Agency) regarding non-resident taxation and taxation of international transactions of Canadian residents. The audit found that the Agency is better able to identify potential non-compliance with the tax rules on international transactions compare to prior years.
Read further on The Canadian Auditor General Taxation Review.
NEW BVI BUSINESS COMPANIES ACT AND BEARER SHARES
In this article, we describe some of the changes in the new BVI Business Companies Act and how one's existing company may be affected. In accordance with the new Company Act, bearer shares must be deposited with a custodian authorized or recognized by the BVI Financial Services Commission. Bearer shares not deposited with a custodian are immobilized and the rights attaching to them are disabled and any transfer of the certificate is void.
Read further on The New BVI Business Company Act.
UNITRUST PARTICIPATED IN AN OFFSHORE CONFERENCE
Unitrust Capital Corp. was a proud participant of Shorex
North American Exhibition of various offshore services for professional advisers, company formation,
offshore investments, banking, fiduciary and nominee services,
assets management and protection.
Read further on The Offshore Conference.
BVI VS. BAHAMAS COMPANY
We compare the Bahamas International Business Companies Act with the similar act in BVI. Principal features of the Bahamas Act are described including residency provisions, compliance and director and shareholder disclosure.
Read further on BVI vs. Bahamas Companies.
DISCUSSION OF OFFSHORE BLACKLISTS
A discussion of various blacklists composed by various government agencies, including OECD and how these initiatives will affect the offshore corporate services industry and individual tax havens.
Read further on Discussion of Offshore Blacklists.
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