Finance & Crypto Insights

British Virgin Island or BVI company formation becomes easier with help from an expert in providing business support services. We have been in this field for several years and have helped those interested in starting a BVI offshore company. This is why you can count on us when it comes to this task. Because we know how important it is in this venture to make a well-informed decision, let us give you the information you need to start things right. Why consider BVI company formation? Forming a British Virgin Islands offshore company, more popularly known as BVI Business Company, comes with advantages, which include: Communication is easier with English as the language; the US dollar is the currency. Another tax haven, BVI frees...

More and more people turn to the digital nomad lifestyle and for some obvious reasons. Technology has seriously advanced lately, and work can be conducted from any place, anytime. If you have to work from home, you might as well do it from a nice and exotic country. Technologies have advanced, and so did communication and the overall attitude. Throw in the recent coronavirus pandemic, too, and people have already had a taste of what it feels like to work remotely. It can be done, so many companies will implement such concepts in the future. Technology is definitely the main reason wherefore so many people turn to this lifestyle. What do you need, after all? An Internet connection, which you could get anywhere. Perhaps a camera too...

While saving for retirement is the norm, the truth is more and more people turn to diversify their assets in order to avoid depending on the government. After all, by the retirement age, there is not much you can do to get back on track, so you truly depend on a bunch of rich individuals. If it is already too late, you can still aim to diversify assets by diversifying your retirement plan and even moving it abroad. Not only do you get protection against the American government, but you could also end up with much higher returns in the long run. Retirement account confiscation seems to be the norm these days. Governments have proven already that they can cut pensions whenever a so-called crisis kicks in. Basically, they help...

Are you thinking of starting an offshore company in Seychelles? That would be easy. Primarily, you are not required to be a resident or to even visit to be able to open a Seychelles offshore company. All you need is a fully-detailed Seychelles company formation so you begin on the right track. Trust us to assist you with the International Business Company or IBC business setup as we have the appropriate skills and experience to get the job done. But first, our goal is to help you make a well-informed decision. Let us share with you some background information. Why set up a Seychelles offshore company? Primarily, you need to know the benefits or advantages of starting a Seychelles IBC. Here are the 5 strong points: Your company will...

Barack Obama signed FATCA in 2010. FATCA stands for the Foreign Account Tax Compliance Act and became a legal requirement targeting Americans from all over the world – exactly, including those who do not live or work in the USA too. At that time, FATCA paved the way to multiple similar acts with the one and only purpose to boost transparency and communication in terms of offshore banking. This act is one of the elements that ruined privacy in this industry. Now, unless you plan to commit a financial crime, FATCA should not really affect you. But on the other hand, it is disturbing to know that banks are actually asked to spy on their customers and mention specific aspects about them – it feels like going back to the 1970s in Eastern...

Bermuda is one of the top-rated options on the market when it comes to offshore banking. It has always been seen as a tax haven, and it has gained notoriety for the excellent deals offered in terms of tax optimization and banking. Offshore banking in Bermuda will allow you to optimize your assets. Plus, banking abroad gives you new opportunities. Get used to a different banking system, other quality standards, and different strategies for your business. With these thoughts in mind, Bermuda is clearly not the only option out there. Different people have different needs. But unlike other similar destinations, Bermuda has always been clean and transparent. While tax-friendly, the jurisdiction has never been involved in any scandals...

Dubai is a center of economic wealth in the United Arab Emirates. Various corporations choose to build offshore companies there due to their economic stability, stable political power, and lax politics. Dubai also offers a Dubai Economic Free Zone that offers incentives for stakeholders who decide to build businesses there. Definition of Dubai Company Formation The definition of Dubai Company Formation is the creation of an offshore business structure in Dubai. An offshore company refers to a company that operates outside the country of its stakeholder is under the residence. An offshore company operates beyond the national boundaries. That means that the company is under another country’s jurisdiction. With Dubai Company Formation...

Every day the market gets more and more unstable. The prices of the goods are constantly changing, and with it, the currencies exchange rates. It is not easy to predict what will happen tomorrow, but we need to be prepared for any scenario. This list will help you understand if your currency will appreciate or depreciate. Are you planning a vacation abroad? Do you have a budget set for your next big purchase? If so, currency exchange rate fluctuations could have an adverse effect on your finances depending on which countries you visit and what goods you buy. However, for all those travelling enthusiasts looking for the best travel destinations worldwide, a country with a weak currency can be a cheaper alternative. Every day...

When trading cryptocurrencies, you practically speculate. You focus on one or more markets and try to indicate the direction. Will the market rise? Will it fall? It is all about its value. You do not actually own the digital asset and you do not buy it, but you place a bet on it. Obviously, trading cryptocurrencies goes further than that and there are more things to take in consideration before starting your journey. Some people have earned impressive amounts of money over the past years. To some, it was a matter of good luck. To many others – including today's successful traders, making money involves serious analysis, good skills and a bit of experience with digital currencies. Everyone has started at the bottom and built their way...

Obtaining residence permits comes with all kinds of pluses and minuses. Then, there are so many myths that you barely know what to believe. There is always someone out there who claims to know everything. Now, no matter where you are trying to settle, there are usually two options to choose from – doing everything yourself or hiring a professional. To keep everything crystal clear, you do not have to be a citizen to live in the respective country. You could get a temporary residence permit, but you might as well obtain a permanent residence permit. Doing everything yourself is not impossible. You need to research everything and deal with lots of paperwork, but it is doable. A service will get the job done faster, but for a price...

Singapore is one of the finest countries to develop based on its competitive growth regarding its successful economic status. The Lion City's thriving financial hub continues to grow over the years because of its popularity; it remains a melting pot of prestigious businesses, may it be domestic or international companies. Moreover, Singapore is also widely known as one of Asia's "rising tigers" due to its economic growth in businesses, such as agriculture, electronic manufacturing, and many more. Along with it is the country's booming and convenient corporate tax rates that numerous business holders follow through accordingly. Indeed, it is the most recommended country to start a business in, especially for international companies...

In May, 2010, the Dubai’s Mall Galleries Lafayette brought in a new ATM. The machine allowed customers to withdraw cash, as well as gold – a few grams or perhaps a large gold bar, up to each customer. It was proof of opulence back then. No other country had something like that – the possibility to walk in the mall on a Thursday morning and withdraw some cash and a few grams of gold. Everything was possible with a credit or debit card. Now, if you go back in the history of modern civilization, you will realize that money has pretty much always been backed by gold – officially or not. Despite the gold ATM gaining some popularity in the UAE, the country’s fiat currency is not actually backed by it. In fact, it is impossible to find a...

The Seychelles CSL company is not very known by the public, but can have a huge impact if you are doing business with China, India Russia and the most of the Baltic countries, regardless if you are selling or buying to those countries the profit impact a Seychelles CSL Company can have is enormous. Actually it is very easy and fast to incorporate a Seychelles CSL Company, what one will need is not only the CSL but also to have a intermediate holding company situated within the EU, Cyprus is used to be the place of incorporation for such an intermediate holding company because of the double taxation agreement Cyprus has with the Seychelles and the normally low corporate tax of only 10%, in this case mentioned where the Cyprus company...

Why all people should consider total Internet privacy when they are doing online! Everything you do on the Internet will stay there in be traceable. The Internet will never forget, vanish or delete your information, your personal history ot what else you left there that can be traced back to you. While an offshore bank account for most of us is a way to safeguard our money, for plenty of people it is also a way to have a secret stash of it somewhere. Maybe the political climate in your country is volatile and you don’t want to lose it all overnight or maybe you are just afraid that your family members will squander all the wealth you have so painstakingly amassed. Needless to say, privacy is a very important concern for a vast...

Self assessment – also referred to by other names depending on the country you live in – is a system designed by the revenue and customs system in your country. The respective system has one simple purpose – collecting tax for the government. If you work for someone else or you are retired, the tax will naturally be deducted by the government before you actually get the money – the type of money you only see on your payslip and never in real life. However, self-employed professionals and businesses must report the income themselves in a tax return. These returns must be done on a yearly basis. There are, however, a few exceptions in specific countries where you could do them twice a year – or a different frequency. In most places...

Bermuda is one of the traditional offshore destinations for those looking to diversify their assets or optimize tax. Over the past decade, the offshore industry has been, indeed, affected by numerous leaks that have made it even more difficult for entrepreneurs to go abroad. While some countries look like dead ends, Bermuda has managed to retain its status. It has remained one of the most transparent nations out there, providing high-quality results without breaking any international laws or standards. Bermuda's reputation is still clean. Despite maintaining a tax-friendly environment for entrepreneurs, the island nation has not been targeted by larger countries trying to enforce their own rules into foreign territories. Other...