Running an onshore or offshore business can be a tricky task. Regulations and laws between countries vary and one can get easily lost in the amount of information out there. We source the best and up to date news from offshore and onshore world, international tax, accounting and banking industries. On top of that, we share our own thoughts and views on all topics mentioned above. We hope you will enjoy our blog and find it valuable.
Italy’s government has approved increasing the flat tax from 100,00 EUR to 200,000 EUR applied to income earned by wealthy individuals who transfer their tax residency from abroad to Italy under its optional, non-domiciled (‘non-dom’) tax regime introduced in 2017.
Oman is set to become the first GCC (Gulf Cooperation Council) country to implement personal income tax, expected to be introduced in 2025.
International Women’s Day (IWD) has a rich history dating back to the early 1900s, stemming from labour movements fighting for women’s rights.
The move to cancel it is a part of a larger €60 million support package to stimulate the Cypriot economy.
Luxembourg is a small country by size, but big one by its importance for investment industry as it is the biggest domicile for investment funds in Europe and the second preferred location for investment funds worldwide after the Cayman Islands.
Dutch Private Foundation is a civil law alternative for the Anglo-Saxon Trust for the purpose of asset protection. It is a legal entity with its own rights and obligations, can hold assets in its own name and have beneficiaries including a settlor.
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