Offshore Taxes

Nearly every country in the world has some form of taxes. Most countries charge a proportion of the worldwide income of every individual or corporation resident in their jurisdiction. The USA goes even further - charging their citizens and green card holders taxes even if they are not resident in the country. 

Offshore, however, taxes can be lower or non-existent. Many countries have introduced special tax regimes to encourage foreign investment, while the lucky few such as Monaco, Sark and Andorra are simply accidents of history where taxes were never introduced.

Whilst European countries typically charge tax on worldwide income, there are many countries in Asia, the Caribbean and Latin America that only charge taxes on local income. This system, called territorial taxation, means you are free to live within their borders completely tax free if your money is earned offshore. 

Specific taxes offshore (whether on profit, labor or capital) vary significantly depending on the jurisdiction of registration and where business is physically carried out. To choose the best tax optimization strategy, it is necessary to assess the risks and possibilities of using foreign companies, and at the same time to understand the nuances of legislation and tax policies of different states.

Our experts will be happy to assist in registering a foreign company to solve your problem. We recommend that you start by filling out a questionnaire for selecting a jurisdiction for registering or transferring your business.

Below you will find interesting and useful materials on taxes abroad, offshore tax strategies and more. Please also feel free to browse the rest of the International Wealth portal where you can learn much more about offshore tax planning and offshore tax strategies. 

⬇ Skip to frequently read content! ⬇
Search results: 22 Search by date:
How Is Dubai So Rich Without Taxes?

How Is Dubai So Rich Without Taxes?


We all know that the UAE is a rich country, and it offers really low tax rates which attracts a lot of immigrants. The logical question people ask is how it can be that the country does not get much from taxpayers and offers excellent living conditions and infrastructure. In this article, we will answer this question by giving you a brief overview of the UAE’s taxation system and the sources of the country’s wealth. We will also talk about the path toward UAE residency status and changes in the country’s taxation expected in 2023. Read the article to find out more details about this remarkable state!

Read more
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.

Read more
Answering Questions on UAE Corporate Tax

Answering Questions on UAE Corporate Tax


The Emirates recently announced the introduction of a corporate tax in 2023. In this article, we will answer the most common questions from our readers about corporate taxes in UAE and new changes in UAE corporate tax law.

Read more
What Country Has No Capital Gains Tax? Top 5 Jurisdictions (2022)

What Country Has No Capital Gains Tax? Top 5 Jurisdictions (2022)


What country has no capital gains tax? Here is our list of the top 5 jurisdictions recommended to people on the move, investors, and entrepreneurs. For more information and advice on zero-rate and low capital gains tax countries, please book a free online consultation.

Read more
Top Low Corporate Tax Countries in 2022

Top Low Corporate Tax Countries in 2022


Are you looking for opportunities to create a new business or scale up an existing one abroad? See our ranking of low corporate tax states to choose the right jurisdiction!

Read more
Tax Laws in Europe at a Glance

Tax Laws in Europe at a Glance


Tax laws in Europe in a nutshell: an overview of country-specific tax rates and deductions in 2021. Business, accounts, residence permits, citizenship in Europe.

Read more
Corporate Taxes in Singapore

Corporate Taxes in Singapore


Singapore is a small Asian country with an exceptionally strong economy. Currently, it ranks fourth in the GDP per capita index. Among other things, the taxation policies applied in Singapore contribute greatly to the prosperity of the country. The corporate tax rates are comparatively low, which makes Singapore attractive for a great number of foreign investors who set up large and small companies there.

Read more
Tax resident status for companies in Nevis: who will pay 33%?

Tax resident status for companies in Nevis: who will pay 33%?


How can a company incorporated in the island of Nevis become a tax resident and start paying local corporate tax? We will talk about this in the article. Offshore company on the island of Nevis For many years Nevis has been a low profile but well reputed offshore jurisdictions. It has always been advantageous to […]

Read more
G7 Global Minimum Tax Rate – Good News for Offshore Business?

G7 Global Minimum Tax Rate – Good News for Offshore Business?


The G7 announced a Global Minimum Tax Rate of 15%. In this article, we argue that their goals are completely unrealistic, only invented for publicity and political considerations. The G7 and G20 have actually moved their focus away from offshore centres and are going instead after big, western multinationals because they see a bigger political and financial benefit. The offshore lifestyle remains intact!

Read more
Property Taxes for Legal Entities in Greece: Are There Any Exemptions?

Property Taxes for Legal Entities in Greece: Are There Any Exemptions?


Property owners in Greece – be they private individuals or corporate entities – have to pay property taxes. There are unified taxes that are quite insignificant but there is also a special property tax that varies between 15% and 45%. Depending on the type of business activities that the company is engaged in, it can be exempted from the special property tax though.

Read more
Offshore Tax Benefits: What, Where, How to Obtain?

Offshore Tax Benefits: What, Where, How to Obtain?


Access to offshore tax benefits and proper international tax planning depends on your awareness of all intricacies of offshore jurisdictions. Read the experts’ brief analysis and request a specific in-depth study of the destination of your choice. Order a free online private consultation.

Read more