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offshore company formation News

Hong Kong Reports On Incorporations In 2016

by Mary Swire,, Hong Kong

Thursday, January 12, 2017

There was an increase in local company incorporations in Hong Kong in 2016, although incorporations by foreign companies experienced a dip, according to the territory's Companies Registry. Read Full Story


Tax Avoidance Scheme Promoters To Face New UK Penalties

by Robert Lee,, London

Thursday, August 18, 2016

The UK Government has launched a consultation on proposed new penalties for "enablers" of defeated tax avoidance schemes. Read Full Story


European Parliament To Investigate Panama Papers

by Ulrika Lomas,, Brussels

Tuesday, April 19, 2016

The European Parliament Conference of Presidents has unanimously backed a proposal for the creation of an inquiry committee to investigate the so-called Panama Papers. Read Full Story


Jafza Reports Rapid Expansion In 2014

by Lorys Charalambous,, Cyprus

Thursday, May 7, 2015

The Jebel Ali Free Zone in the United Arab Emirates announced on May 3, 2015, that it registered 679 new companies in 2014, an increase of 17 percent against 2013 activity. Read Full Story


Dubai Customs Inks MoU With New Free Zone

by Lorys Charalambous,, Cyprus

Thursday, January 22, 2015

The customs framework for a soon-to-be-launched free zone, Dubai Design District (d3), has been agreed in a new memorandum of understanding between Dubai Customs and the Dubai Media Free Zone Authority. Read Full Story


Few Changes In British Virgin Islands' 2015 Budget

by Mike Godfrey,, Washington

Friday, December 19, 2014

The Government of the British Virgin Islands has announced a number of measures in the 2015 Budget to expand the territory's revenue base. Read Full Story


Australian Offshore Amnesty Reveals AUD1bn In Assets

by Mary Swire,, Hong Kong

Tuesday, October 28, 2014

Nearly 1,500 individuals have disclosed more than AUD180m (USD157.8m) in previously unreported offshore income and over AUD1bn in assets since the Project DO IT amnesty was launched, the Australian Taxation Office has revealed. Read Full Story


Guernsey To Post Surplus After 2015 Budget Measures

by Jason Gorringe,, London

Friday, October 10, 2014

Guernsey's 2015 budget includes proposals to double exempt company fees, freeze personal income tax allowances, and increase the property tax. Read Full Story


Guernsey Seeks Equal Rules On Beneficial Ownership Disclosure

by Jason Gorringe,, London

Tuesday, June 10, 2014

Guernsey has responded to the announcement in the Queen's speech that legislation will be tabled in the UK to create a central public register of beneficial ownership. Read Full Story


Guernsey Wary Of Publicizing Ownership Information

by Mike Godfrey,, Washington

Friday, May 2, 2014

Guernsey's Chief Minister and the head of Guernsey Finance have responded to UK Prime Minister David Cameron's recent letter calling for the creation of a public registry of beneficial ownership of Guernsey companies. Read Full Story



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