Author: Valentin Averbukh

Published 66 articles
Author: Valentin Averbukh

Email: info@offshore-pro.info

Biography:
Valentin is a Content Writer on general issues of conventional and digital business. He specializes in such jurisdictions as Singapore, Portugal, Hungary, Luxembourg, Belarus, the Czech Republic, Indonesia, the Netherlands, Malta, Montenegro, Switzerland. Education: a Bachelor Degree in Economics.

Specialty:
- registration of companies;
- on-shore, mid-shore, and offshore jurisdictions for business;
- sphere of FinTechs and cryptocurrencies (including Blockchain technologies, digital financial assets, electronic money systems);
- organization of physical presence in the jurisdiction (substance);
- regulation of cryptocurrencies in different jurisdictions;
- recommendations on how to buy, register (open) a company or firm;
- financial regulation;
- incorporation;
- issues related to residence permits, permanent residence, and citizenship;
- buying real estate;
- bank accounts in offshore, mid-shore, and onshore jurisdictions;
- reporting, taxation;
- holding companies;
- modern economic trends defined with consideration of the requirements of financial regulators, procedures, and regulations (BEPS, FATCA, AML, KYC, OECD).


He has been cooperating with the portal on a full-time basis since May 2019. The main focus of the work is an in-depth study of the topic with a comprehensive analysis of a particular service (product), and the maximum consideration of the interests and concerns of the target audience.
Ultimate Guide to Mauritius Tax System in 2023

Ultimate Guide to Mauritius Tax System in 2023


The article discusses Mauritius as a midshore jurisdiction, which has favorable tax rates and is respected internationally. It compares Mauritius' tax structure with classic offshore jurisdictions, outlining the tax rates for individuals and corporations.

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All Swiss Taxes in 2023 – General Overview

All Swiss Taxes in 2023 – General Overview


Things you should know about taxation in Switzerland. Swiss taxation system: types of taxes. Income tax for natural persons, corporate tax, value-added tax, and withholding taxes. Stamp duties and border taxes. Direct taxes and charges: income tax, corporate profit tax, personal property tax, inheritance tax, and withholding tax at source. Federal taxes in Switzerland. Swiss tax residence for individuals. Swiss tax residence for legal entities.

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Do Offshore Companies Pay Tax in Singapore?

Do Offshore Companies Pay Tax in Singapore?


Singapore as the world’s top financial and economic hub. How to determine Singapore tax residency: rules and requirements. Strengths and perks of Singapore tax residency. Can you do business in Singapore without paying taxes? Tax residency and the jurisdiction the company operates from as critical factors behind the answer. Corporate taxes and tax rates for Singapore residents and offshore businesses. Company incorporation services in Singapore from International Wealth.

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Offshore Company Registration in Singapore in 2023: Detailed Guidance and Expert Advice

Offshore Company Registration in Singapore in 2023: Detailed Guidance and Expert Advice


Are you looking for a good jurisdiction to form a company? Consider Singapore. This is a midshore where you can form an offshore company to enjoy tax incentives and the pro-business environment of this bustling destination. Companies registered in Singapore enjoy a high reputation all over the business world, so any bank in any country is open to them. They will also be welcome as business partners and parties to different beneficial agreements. Can you register an entity in Singapore on your own? No way: you will need a registered agent. Read on to find out more details and see how we can help.

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New CRS rules in Singapore

New CRS rules in Singapore


The latest changes in the Common Reporting Standard (CRS) in Singapore. Expert help and advice in a wide range of matters concerning taxation, financial reporting and doing business in Singapore.

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Taxes that Business Corporations Have to Pay in Singapore

Taxes that Business Corporations Have to Pay in Singapore


Singapore remains one of the most attractive jurisdictions for international entrepreneurs. One of the key factors that make it so inviting is the beneficial tax system. The corporate tax rate is only 17% in Singapore, which is lower than it is in most other well-developed countries. In addition, various tax incentives are available to companies working in Singapore.

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What is the most tax efficient way to pay yourself as a business owner?

What is the most tax efficient way to pay yourself as a business owner?


How can you pay yourself in the most tax efficient way if you are a business owner? This depends on your business ownership structure. Sole proprietors usually pay themselves through the owner's draws. If you are the owner of an LLCs or a Corporation, you can also pay yourself a salary or dividends on your business company’s profits.

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TOP-10 Quick and Straightforward Ways to Pay Taxes in USA

TOP-10 Quick and Straightforward Ways to Pay Taxes in USA


Choosing the most effective methods to pay taxes in the US – study the details. IRS tax payments via special-purpose software. Direct tax payments to the IRS. Ways to pay IRS taxes via the federal system. Standard same-day bank transfers, debit cards, credit cards, cheques, money orders, or cashier’s cheques as efficient US methods to pay IRS taxes. Tax payments in cash. Using the IRS2Go mobile app to pay taxes to the IRS. How to pay IRS taxes in the US by installments.

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UK Ultimate Beneficial Owners Considering Business Relocation

UK Ultimate Beneficial Owners Considering Business Relocation


Nudge letters from Her Majesty’s Revenue and Customs. Basic information about Ultimate Beneficial Owner Register in the United Kingdom. The 5th Anti-Money Laundering Directive. Obliged entities and Persons of Significant Control. Reporting discrepancies and how to treat them. HMRC and mandatory reporting obligations. Belize as an alternative jurisdiction to incorporate a company in or relocate your UK business to.

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Investment in Serbia ‒ Financial Incentives and Beyond

Investment in Serbia ‒ Financial Incentives and Beyond


General overview of investment in Serbia. Target audience of state subsidies for investors in the jurisdiction. Rules and regulations in the country’s investment industry ecosystem. Financial incentives offered by the state and procedures you need to follow to receive them. Amounts of financial incentives for various industries and occasions. Investment recommendations from the International Wealth industry pros and consultants.

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Serbia ‒ Emerging East European IT Hub to Inspire Development

Serbia ‒ Emerging East European IT Hub to Inspire Development


Serbia IT market as a land of opportunities for industry pros and international investors. Reasons to invest in Serbia IT sector. Innovations and development opportunities for foreign businesses. IT sector overview. Collaboration with leading global high tech companies. National IT ecosystem and talent pool. Favorable business environment in Serbia IT industry. Tax incentives for Serbia IT companies. Serbia as a great place to choose for permanent residence.

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Why Panama is Still Good for Offshore Banking

Why Panama is Still Good for Offshore Banking


An offshore account in Panama will be helpful to many people. Whether you're looking to create an emergency hatch, move to a warmer country, or open a non-resident corp in Panama, our article on Panama offshore banking will be helpful to you.

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Four Tax Systems: What Shakira Should Have Known

Four Tax Systems: What Shakira Should Have Known


The Colombian singer Shakira is accused of tax evasion in Spain and may be sentenced to 8 years in prison – just because her lawyers failed to take into account all peculiarities of the Spanish tax system! The pop diva is not the only one: there are a lot of people who get into such a situation because they consider themselves to be the tax residents of one country, while another country claims a part of their income as well. If you want to avoid such pitfalls, read the article to find out what taxation systems exist and how you should approach tax optimization.

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