All You Need to Know About Offshore Companies and How to Set One Up
3 May 2023
What is an offshore jurisdiction? An “offshore jurisdiction” is usually called a foreign state or territory with low taxes or full tax exemption for business
News and articles
Annual Return – the new filing requirement for BVI companies
28 April 2023
On 1 January 2023, significant changes to corporate law came into force in the British Virgin Islands (BVI). Among them is a new requirement for
The EU has listed the British Virgin Islands, Costa Rica, Marshall Islands and Russia as non-cooperative jurisdictions
20 February 2023
On 14 February 2023, the EU Council decided to add four new countries to the EU list of non-cooperative jurisdictions for tax purposes. They include
The British Virgin Islands: significant amendments to Business Companies Act
8 September 2022
On 10 August 2022, the British Virgin Islands authorities passed a package of essential amendments to the BVI Business Companies Act, 2004, which is the
March 2021: International Tax Planning Review
5 April 2021
Cyprus extends tax return deadline for companies Cyprus has extended the 2019 tax filing deadline for companies and self-employed businessmen. The corresponding decree provides the
November 2020: International Tax Planning Review
3 December 2020
Changes to Russia-Luxembourg double tax treaty On 6 November 2020 Russia and Luxembourg signed a Protocol amending the bilateral Convention for the avoidance of double
Seychelles or BVI: what to choose in 2020-2021?
21 October 2020
Setting up an offshore company is always preceded by choosing a suitable jurisdiction. Two perhaps the most popular offshore jurisdictions right now are Seychelles and
September 2020: International Tax Planning Review
2 October 2020
UK Companies House reform Companies House, the United Kingdom companies’ registry, will be reformed. Based on results of the public discussion, the reform will include
British Overseas Territories committed to establish publicly available registers of beneficial owners
24 July 2020
On 15 July 2020 the UK Minister for the Overseas Territories and Sustainable Development Elisabeth Sugg have submitted a written statement to the UK Parliament
British Virgin Islands: final version of Rules of economic substance adopted
22 October 2019
1 January 2019 British Virgin Islands (BVI) has adopted legislation on economic substance requirements applicable to companies incorporated in BVI. As this legislation was adopted