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Sep 24 2022Definition of Statutory Foundation: A Statutory Foundation is a legal entity that can hold any type of assets and constitutes capital separate from the Founder. The Wyoming Statutory Foundation is capable of doing business in its own name, similar to a corporation, partnership or LLC and can serve both charitable purposes
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Jun 24 2022Do you know what International Segregated Portfolio Company (SPC) means? Let us talk a little about it... It is possible to have a segregated portfolio company (sometimes called a portfolio company or protected cell) with a single board of directors, a single legal personality, but with assets and liabilities segregated
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Apr 24 2022Do you know the advantages of having an offshore company in Nevis? Let us talk a little about it... Like most tax havens, Nevis (or St. Kitts, as it is also known) provides tax benefits, bank secrecy, owner confidentiality, asset protection, among other advantages that benefit both their beneficial owners. The main
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Mar 24 2022First of all what is Economic Substance?In December 2017, the European Community (EU) reclassified several countries that facilitated the attraction of profits that are earned in countries (with low taxation) but that do not maintain real economic substance in that country. The EU's main concern is the unfair competition