Jurisdictions

In order to apply international tax planning efficiently the choice of jurisdiction has to arise from the objectives of the tax strategy combined with the advantages and reputation of the selected jurisdiction. Some jurisdictions are considered to be tax havens because they do not impose any income taxes, capital gains or wealth taxes. Instead an annual fee is only payable. Popular tax havens include the Cayman Islands, BVI, Belize, Bermuda, Jersey, Liechtenstein, Gibraltar, Panama, Seychelles, Isle of Man and are widely used by investors with small investment portfolios as holding set ups for receiving funds with the highest degree of privacy and the lowest annual maintenance costs.

To find out which jurisdiction will best suits your needs, contact us for professional tax planning advice.

In selecting a jurisdiction the following points should be taken into consideration- Type of jurisdiction i.e. tax exempt, no tax on foreign income, tax planning, special tax jurisdictions political stability, economic stability, currency, location, language, economic infrastructure i.e. communications and banking, exchange controls, legal system, double tax treaties, legislation, time zone.

Suggested Jurisdictions

*see table below for corporate requirements

 Corporate Requirements

Other jurisdictions include: