How to register a company in Lombok
Many years ago, numerous people did not identify with Lombok. But today Lombok is often referred to as “Bali’s Little Sister”. Therefore, due to its growing prominence and popularity, Lombok has become one of the most common options when it comes to starting a business in Indonesia. Many tourists have arrived in Lombok over the […]
How to register a company in Flores
Indonesia has developed into a growing business center in Asia in recent years. Many investors use Indonesia as an entry point to enter the Asian market. To start a business in Indonesia, whether the business owners are locals or foreigners, they are required to register their company. Registering a company may seem like a daunting […]
How to register a company in Vanuatu
“Untouched paradise” – such a characteristic is associated in the world with the small state of Vanuatu, which is compactly located in the southwestern part of the vast Pacific Ocean. The very same name in translation means “this land forever”. Let’s not talk in riddles and move on to the reasons that the lands of […]
Top countries with highest average salaries in Asia
Asia is the largest part of the world in terms of population and territory. The area with the islands is about 43.4 million km². The population is 4.6 billion people, which is 60.5% of the world’s population. At the moment, Asia is the largest economically developing region in the world. Below are the countries in […]
How to register a company in Tuvalu
The International Companies Act 2009 (hereinafter the Law) governs the establishment, eligible operations, and termination of their operations. This law provides registration within one business day, one shareholder, one director, limited liability, confidentiality, and tax-free income. Background Tuvalu is a state of nine islands located in the western part of the Pacific Ocean. Located halfway […]
How to register a company in Samoa
The humble state of Samoa is located in the central Pacific Ocean of the Southern Hemisphere. In his department, there are two large and several small islands. Independent based on the laws of English common law and the constitution. Offshore activities are regulated by the International Business Companies Act 1997 as amended. The economy is […]
List of tax haven countries
There is no generally accepted definition of a tax haven that clearly and completely describes its features and characteristics. The concept of “tax haven” is not regulated by the norms of international law and national legislation. Some international organizations have formulated fairly clear criteria for determining tax havens, as well as compiled lists of countries […]
Accountancy timetable in Cyprus
Hundreds of companies are opened in Cyprus every year. In addition to its convenient geographical location, the island offers many tax benefits, the possibility of cooperation with any European counterparties and customers, and all this on legal grounds. Concerning taxes, many of our people mistakenly believe that this country is still a Mediterranean “tax haven”. In reality, the situation is quite different. The island has its taxes and fees that both companies and individuals are required to pay. Moreover, government services monitor the completeness and correctness of all payments received. But even with this in mind, the Cyprus tax burden is quite low compared to any other European state: In the country, all payments in the form of interest, dividends, and royalties are taxed at a zero rate. The same applies to receipts from foreign representations and branches. The corporate tax in the state is only 12.5%. The Cyprus VAT rate is the lowest in Europe at only 19%. Moreover, some activities, such as passenger transportation, may be taxed at a reduced rate. There is no inheritance tax in the country, so not only you, but also your children will be able to enjoy the results of your labors. The Cypriot government actively attracts wealthy foreigners to the island. The Economic Citizenship Program also provides significant assistance in this difficult issue for Cypriots. Among her options are investments in real business. So, by […]
How to register a company in Palau
Company registration in Palau is a procedure that will allow you to start a business in one of the popular island jurisdictions. More than 200 islands in the Republic of Palau are positioned on the western side of the Micronesian archipelago, 700 miles west of Guam, north of New Guinea, and east of the Philippines. […]
How to register a company in Nauru
The offshore Republic of Nauru is a small coral island in the west of the Pacific Ocean. The area of the state, the smallest outside Europe, is only 21 square meters. km, and is home to 13 649 people. Nauru has no official capital, but Yaren is considered the unofficial capital – the city where […]