Tax Havens Offshore Banking Offshore Incorporation

Tax Haven

A tax haven is a state or a country or territory where there are low tax rates or no taxes at all. Individuals and/or corporate entities can find it attractive to live or move their business to areas with reduced or zero tax. Tax havens compete amongst themselves to attract investors. Certain tax haven jurisdictions appeal more to individuals while others offer more advantages for business.

Anguilla BVI Cayman Islands Liechtenstein Hong Kong Monaco Singapore

Offshore Banking

What is offshore banking?

Offshore Banking just signifies that you have a bank account in a place outside your country of residence - more often than not in a low tax jurisdiction. Most countries which offer offshore bank accounts have strict bank secrecy laws and protection from overseas courts. Some banks will allow you to open an account by mail.