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Special Report on

Offshore Trust in Seychelles

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These are common questions asked from the thousands of people annually scouring the web, asking friends, contacting lawyers, offshore practitioners, etc. Depending who you ask, the answers are likely to be nearly as abundant as the number of people asking the questions! The following is a comparison (albeit grossly oversimplified) between Trusts and Private Foundations that provide a basic overview of the two structures as well as the key differences, advantages and disadvantages of each. Trusts The classic definition of a Trust is (from Underhill & Hayton, Law of Trusts and Trustees): "A Trust is an equitable obligation, ...
and most offshore banks are located in island nations to this day, the term is used figuratively to refer to such banks regardless of location, including Swiss banks and those of other landlocked nations such as Luxembourg and Andorra . Offshore banking has often been associated with the underground economy and organized crime , via tax evasion and money laundering ; however, legally, offshore banking does not prevent assets from being subject to personal income tax on interest . Except for certain persons who meet fairly complex requirements, the personal income tax of many countries makes no distinction between interest earned ...
“Probe on bribe-for-currency printing contract reveals links to ...
The allegation highlighted apparently involves very senior officials of the Reserve Bank of Australia (RBA) and Bank Negara Malaysia (BNM) with undisputable links to their spouses. As this is a report by the Australian authority which will also ultimately lead to prosecution by Australian administrators themselves, this will become international news. Malaysia can ill-afford this kind of serious negative publicity which can be quite damaging to our reputation in the world community. As a matter of national interest, I urge the MACC to immediately conduct a more thorough investigation locally so that we can take steps to quickly ... market research, surveys and trends
Off Shore Incorporation In Ras Al Khaimah Is The Quickest In The ...
Sheikh Saud Bin Saqr al Qasimi,the crown prince and Deputy Ruler of Ras Al Khaimah, United Arab Emirates, since 2003, is the fourth son of His Highness Sheikh Saqr bin Mohamed Al Qasimi. Born in Dubai on February 10, 1956, Sheikh Saud completed both his primary and secondary education in Ras Al Khaimah and was later sent to the American University of Beirut (AUB, Lebanon. Subsequently he transferred to the University of Michigan, where he completed his studies. On his return to Ras Al Khaimah in 1979, Sheikh Saud was appointed as Chief of the Ruler’s Court to assist his father, HH Sheikh Saqr, in the administration ... market research, surveys and trends


The Ultimate Offshore Company Structure for Investment and ...
Offshore Company today, we open Offshore Offshore Companies, Offshore Bank Accounts and issue Visa Electron cards. Ask our consultancy for your Offshore Company formation needs. When you considering to invest in other businesses, securities or property abroad it is an efficient way to protect you’re your privacy and to save taxes if the investments are executed through an Offshore Company setup. Investing in properties as a European citizens can costs the beneficial owner a lot of money in tax’s, securing the investment in case of death is also very difficult if the investment isn’t made through an offshore ... industry trends, business articles and survey research
Lawsuit Charges Seychelles Government With Financial Piracy
Complaint Charges that Government Illegally Seized US$8.5 Million from Solar Energy Company With Help From Barclays Bank and Three Irish Subcontractors NEW YORK , December 1 - Dr. George Xiao today filed a lawsuit in the United States District Court for the Southern District of New York seeking to recover US$8.5 million that he alleges the Republic of Seychelles illegally seized from his solar energy company in 2008. The complaint also seeks over US$30 million in consequential damages. The Seychelles Government has offered no credible explanation or formal justification for its seizure of the assets deposited in the Barclays ... industry trends, business articles and survey research
Treasure Islands: Mapping the Geography of Corruption
When is a tax haven not a tax haven?  When Mauritius' Vice Prime Minister Ramakrishna Sithanen says so.  "We are a not a tax haven," stated Sithanen, who is also the country's Minister of Finance.  Ironically, Sithanen would go on to reveal that ring-fenced financial services (FS) -- the legal and financial secrecy vehicles facilitating corporate mispricing and corruption marketed to foreign clients, especially India -- accounts for 12.5% of GDP. Mauritius is already India's largest single source foreign investor at $39 billion, almost half of total investment flows. The beautiful tourist island of ... market trends, news research and surveys resources


about the Seychelles IBC - Incorporation in the Seychelles: The IBC
professional offshore directors provided by Jordans (Seychelles) Limited. To keep tax residence of the trust in The Seychelles, the Patriarch should attend ... technology research, surveys study and trend statistics
1. Macau became a Special Administrative Region (SAR) of the People's Republic of China on December 20, 1999. Macau's status since reverting to Chinese sovereignty is defined in the Sino-Portuguese Joint Declaration (1987) and the Basic Law, Macau's constitution. Under the concept of "One Country, Two Systems", Macau is promised a high degree of autonomy in economic matters and its economic system is to remain unchanged for fifty years. Since reversion, the Macau Government has maintained a transparent, non-discriminatory and free market economy. Macau has separate membership in the World Trade Organization (WTO). technology research, surveys study and trend statistics
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challenges for offshore centres in the unique environment of the Seychelles. — ooOoo—. Trusts & Trustkes Post-Graduate Seminar, Magdalene College, Cambridge ...
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Has anybody set up a corporation for personal investing? When do ...
If one were to set up a C-Corpoation for this, he would be exposing himself, voluntarily, to double taxation. If one were to set up an S-Corporation, the S-Corporation dividends could be passed through tax-free (to a certain extent). Partnership and LLC taxation are both pass-through although you could allocate profits and losses differently among the Members/Partners so as to give losses to those who could use them (e.g., people in higher brackets). Generally, one wants to include transfer restrictions to decrease the value of the entity for estate planning purposes. But in answer to your question, if you're certain ...
Where would you go to be completely alone for a year? | Ask MetaFilter
If you wanted to be completely alone, by which I mean away from people, for say, a year, where would you go? The pacific comes to mind... Keep in mind, the goal is to be alone, not to live uncomfortably. You'll want to make it easy to be self sufficient, so a long growing season is preferable, as is a warm climate. In my experience it's extremely hard to be both alone and comfortable for extended periods of time. Happiness has often been equated with my ability to interact with people (this comes from much time spent alone on the NA continent). That said, bringing stores in will probably bring you more luck. Drag a ...