offshore company formation News

Hong Kong Reports On Incorporations In 2016
by Mary Swire, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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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