The territorial taxation system is applied in Hong Kong. This means that a company registered there can be exempted from all taxes if it does business abroad.
The territorial taxation system is applied in Hong Kong. This means that a company registered there can be exempted from all taxes if it does business abroad.
Luxembourg is an attractive jurisdiction for registering a foreign company. Even though the taxes there are relatively high, corporate benefits are impressive.
Every foreign company registered in Cyprus has to pay taxes and submit financial reports. The requirements vary depending on the company residence status.