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Search Results - offshore companies

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Showing 1 to 25 of 26 Articles matching 'offshore companies' in related articles.
Pages: 1 | 2 | Next >>

1. Do you know the Significance of Business Incorporation? Read this
May 29, 2018

In order to reap the advantages of fertile business prospective incorporated in an overseas country an offshore corporation is the one. To the companies to involve themselves in activities that may earn them goodwill, and expand their business in the market offshore company incorporation gives wonderful opportunity. With numerous benefits which an onshore corporation with Swiss corporates may not provide Offshore Company incorporation can offer an individual. Starting a business offshore with easy and quick exchange of information these days has become rather easy. When operating a ... (read more)

Author: Mili Bose

2. Incorporate offshore company - The basics of Swiss company incorporation
April 27, 2018

On the off chance that you have a considerable measure of cash to defend it might be to your money related advantage to set up an offshore company to secure your benefits. Basically, an offshore company is a company that is incorporated in a nation other than the one it does the larger part of its business in. There are numerous reasons to set up an offshore company yet for some companies the primary reason is to exploit tax laws that are more fanatic than those in the United States. Setting up an offshore organization or Swiss company management is an extraordinary method to keep your t... (read more)

Author: Mili Bose

3. Why Do Companies Rely on Recruitment Agencies?
December 05, 2016

Outsource employees are encouraged to the companies that need tremendous supply of workers such as for production, operation, call centres, and virtual assistants. The manpower of the company is assured and there’s no need to spend much on hiring human resources to pay every year. International recruitment agencies for Indian Manpower are also available to supply the companies with the professional and skilled workers that will provide quality services to the company. Staffing and recruitment are vital to the company because these human resource processes have a massive impact on t... (read more)

Author: Alick Willson

4. Rights Group: Australia’s Treatment of Refugees Amounts to ‘Torture’
October 17, 2016

Australia’s treatment of asylum seekers amounts to torture under international law, according to a new report by the human rights group, Amnesty International. About 1,200 asylum seekers have been forcibly transferred to what Australia calls an offshore processing center on the Pacific island of Nauru. As Henry Ridgwell reports from London, Amnesty interviewed refugees and whistleblowers from companies contracted to run the asylum centers.... (read more)

5. Singapore Top Marine Ladder Supplier Set To Thrive Oversea
October 11, 2016

Sea Contractor, a reputable fabricator and manufacturer of hardwood and pilot ladders for marine use has recently expanded its offers to international customers as the companies tries to pursue its vision of becoming a global leader. The company has recently received the Marine Equipment directive certification, also known as the MED. The award was received on the May 13th 2016 and it pertained to the Embarkation Ladder up to 60m product. The company has managed to create the best, highest quality and MED certified embarkation ladder that can sustain a lot of pressure and damage even wit... (read more)

Author: John Doe

6. Why You Should Choose An Offshore Apps Development
August 22, 2016

The world of technology is fast changing and when it comes to developing new software and apps for mobile phones, the competition is tougher. Every app needs to have a unique quality which makes it better than the other apps available in the market such that it can grab the attention of the users. With so much competition in this field it is not an easy task to find the best offshore mobile app development company. Here are a few tips which would help one to choose a good company: • Preparing the Project and the Project Requirements - Before deciding on a developer it is very important t... (read more)

Author: anna dawson

7. Booming Indian Economy and the Availability of Diverse IT Jobs in Noida
August 09, 2016

A number of jobs have been created in government as well as the private sector in India in different fields. The last few years have seen a significant and continual growth in the pharmaceutical, infrastructure, military, education, banking and IT sector. noida's recognition as a premiere offshore destination has led to the creation and a large number of jobs in the IT services sector, and the phenomenal growth in this sector has inspired even successful Indian IT professionals settled abroad to return home and work in India. Today, there a many new companies providing offshore solutions to w... (read more)

Author: anna dawson

8. Panama Papers Link Cambodians to Offshore Firms
June 08, 2016

Data released by the International Consortium of Investigative Journalists reveals offshore holdings of a number of prominent Cambodia-linked individuals. ICIJ on May 9 added names to a database listing individuals and companies using offshore firms. Dubbed the Panama Papers, the massive trove of more than 11.5 million documents leaked from Panama-based Mossack Fonseca law firm already has tied high-level government officials around the world to various tax evasion schemes. The latest data include 25 individuals related to Cambodia who hold shares in 26 different offshore companies. ... (read more)

9. Panama Papers Go Online
May 09, 2016

The so-called Panama Papers affair is getting renewed attention as a huge database of documents linking rich politicians and celebrities with offshore tax havens goes online. The documents confirm what has been suspected a long time - that the global elite use shell companies to avoid paying taxes on their wealth. Zlatica Hoke reports.... (read more)

10. Panama Papers: Offshore Accounts, Tax Havens
May 09, 2016

The scandal caused by the largest leak ever of data about secret offshore companies enters a new phase Monday when a journalists group releases to the public a searchable database of documents that reveals the details of more than 200,000 offshore entities and the people connected to those accounts. The Panama Papers, as they have been called, are 11.5 million documents belonging to Panamanian law firm Mossack Fonseca. The nearly 40 years' worth of documents show how the firm helped some wealthy people set up offshore firms, often used to hide assets and avoid taxes and sanctions. ... (read more)

11. US Aims to Curb Tax Evasion in Aftermath of Panama Papers
May 06, 2016

 President Barack Obama has proposed new regulations that would require U.S. companies to disclose more information about their owners. The administration announced the regulations Thursday in response to the leak of the "Panama Papers," millions of documents detailing international tax evasion through secret offshore accounts. U.S. Treasury Secretary Jacob Lew called on Congress to approve legislation that would enhance transparency in the U.S. banking system. "Additional statutory authority is necessary to put the United States in the strongest position to com... (read more)

12. More Relatives of Chinese Leaders Found to Have Hong Kong IDs
May 05, 2016

HONG KONG— More relatives of current and former Chinese political leaders have been found to be Hong Kong residents, according to the latest batch of leaked Panama Papers. According to Ming Pao, a Hong Kong newspaper, among the "Hong Kong princelings" are Li Xiaoping, the niece of former top Chinese leader Deng Xiaoping, and Li’s husband, Wallace Yu Yiping. Both of them own offshore companies — Water Enterprise Ltd. and Tibet 5100 Water Resources Ltd. — that are incorporated in the British Virgin Islands via the couple's Hong Kong identity card numbers.... (read more)

13. Energy Lacking at Annual Offshore Oil Conference
May 05, 2016

Depressed oil prices have dampened hydrocarbon exploration and development activity worldwide. Oil companies and the service industry that supports exploration and production have laid off tens of thousands of workers, so it comes as no surprise that attendance is down this year at the annual Offshore Technology Conference in Houston. But, as VOA’s Greg Flakus reports from Houston, a lot of oil services companies are there anyway, focusing on ongoing industry needs and an eventual recovery.... (read more)

14. Oxfam: US Firms Stash $1.4 Trillion in Offshore Accounts
April 14, 2016

The anti-poverty group Oxfam on Thursday accused the 50 biggest U.S. companies of holding about $1.4 trillion in assets in offshore accounts to avoid paying billions of dollars in U.S. taxes. In a wide-ranging report, Oxfam said some of the best known American corporations, including drug maker Pfizer, investment banker Goldman Sachs, retailer Walmart, technology giant Apple,  the General Electric consumer products company, software manufacturer Microsoft and others, keep cash reserves overseas. The practice is legal, although the subject of occasional debate in the United States... (read more)

15. World Bank Chief: Poor Hurt by Tax-evading Offshore Accounts
April 14, 2016

World Bank President Jim Yong Kim said Thursday he is "extremely concerned" about the widespread creation of offshore companies by wealthy people around the world to evade taxes, saying it takes large sums away from governments who need the money to fight poverty. Kim told a news conference in Washington he was distressed by the scope of the offshore accounts as disclosed in the Panama Papers, a recent report by investigative journalists based on a massive leak of documents from the Panamanian law firm Mossack Fonseca that for decades has helped create the companies across the ... (read more)

16. Pakistani Prime Minister Coming Under Pressure
April 10, 2016

ISLAMABAD— A main political rival in Pakistan has demanded that Prime Minister Nawaz Sharif step down, after documents leaked from a Panama-based law firm revealed his children own several offshore companies. The revelations have dominated debates in Pakistani political circles and the media, mostly critical of Sharif for allegedly concealing his family’s offshore property. Sharif has denied any wrongdoing by himself or his sons, and last week he announced the establishment of a judicial commission to be headed by a retired judge to determine the facts. But his main political rival... (read more)

17. Many 'Panama Papers' Offshore Companies in British Territory
April 08, 2016

LONDON— While British Prime Minister David Cameron has admitted that he profited from a Panama shell company, Britons are also discovering to their dismay that many of the offshore companies leaked by the so-called Panama Papers are in British territory. More than half of the offshore companies implicated in the leak from Panama-based law firm Mossack-Fonseca are registered in British overseas territories – 110,000 in the British Virgin Islands alone. In a poll carried out immediately before the release of the papers, a majority of British citizens favored action on the tax have... (read more)

18. What Is a Tax Haven?
April 08, 2016

The International Consortium of Investigative Journalist's team, working with more than 11.5 million leaked documents from a Panamanian law firm, published some of its findings earlier this week into the offshore financial dealings of the rich and famous. The ICIJ analysis of the documents, known as the Panama Papers, showed the firm Mossack Fonseca helped thousands of individuals and companies from around the world set up shell companies and offshore accounts in low-tax havens. Such accounts are a favored tool to evade taxes, launder money or pay bribes, though they also have legiti... (read more)

19. Panama Leak Sparks Global Investigations
April 04, 2016

A leak of confidential documents revealing shady financial dealings by the rich and powerful, including close associates of the Chinese, Syrian and Russian presidents, celebrities like Barcelona's star footballer Lionel Messi, Russian cellist Sergei Roldugin and many others, has sparked a global outcry. The scandal has prompted many countries to launch investigations into possible offshore money laundering by their own politicians, celebrities and companies. Zlatica Hoke has more.... (read more)

20. Sharif Family Defends Offshore Assets, Denies Wrongdoing
April 04, 2016

ISLAMABAD— Pakistani Prime Minister Nawaz Sharif’s family has defended ownership of their offshore companies and property, denying any wrongdoing in their development. The defense came after the leak of a vast trove of documents and other data from Panama-based law firm Mossack Fonseca revealed, among others, the names of Sharif’s two sons and a daughter, with the records showing they owned London real state through offshore companies. "Those apartments are ours and those offshore companies are also ours, and all of them registered under our names,” the prime mi... (read more)

21. Kremlin Slams 'Putinophobia' of Panama Papers
April 04, 2016

MOSCOW— Russian President Vladimir Putin’s spokesman on Monday dismissed a report that alleges close friends of the president hid some $2 billion dollars in offshore accounts. The report, dubbed the "Panama Papers," links hundreds of political leaders and celebrities to offshore companies set up through a Panama-based law firm called Mossack Fonseca. Kremlin spokesman Dmitry Peskov told journalists that the report does not have any relation to Putin. He said Putin appeared to be targeted because of Russia’s coming elections and what he deemed ‘Putinophobia.... (read more)

22. Panama Papers: 10 Most Popular Tax Havens
April 04, 2016

Mossack Fonseca is considered the fifth-largest provider of offshore services. Of the companies appearing in the firm's files, one of every two were incorporated in the British Virgin Islands, making it the firm's No. 1 tax haven site. Niue, a small South Pacific island nation with a population of about 1,000 people, ranks as the firm's No. 5 tax haven site. British Virgin Islands, 113,648 incorporated companies Panama, 48,360 The Bahamas, 15,915 Seychelles, 15,182 Niue, 9,611 Samoa, 5,307 British Anguilla, 3,253 Nevada, U.S., 1,260 Hong Kong, 452 The United Kingd... (read more)

23. What Is Mossack Fonseca Group?
April 04, 2016

Mossack Fonseca Group Who: Firm was founded by Jurgen Mossack, who was born in Germany in 1948, and Ramon Fonseca, who was born in Panama in 1952 When: Established in 1977; became Mossack Fonseca in 1986, when the two men merged their law firms What: A global company that provides comprehensive legal, trust and wealth management services. Incorporates and administers companies in offshore jurisdictions such as Switzerland, the United Kingdom, Hong Kong, the British Virgin Islands and Malta, as well as in the U.S. states of Nevada and Wyoming. Where: Located in Panama Global p... (read more)

24. Obama Administration to Block Atlantic Oil Drilling
March 15, 2016

The Obama administration says it will not allow oil drilling in the Atlantic Ocean, dispelling the hopes of petroleum companies looking to tap into new oil reserves. Interior Secretary Sally Jewell announced on Twitter the administration’s decision to block oil drilling and instead enact its next five-year offshore drilling plan that she said “protects the Atlantic for future generations.” A formal announcement is expected to come later in the day. The reversal nulls a proposal made last year that would have opened up a broad swath of the Atlantic Coast, sites mor... (read more)

25. Call centres for a means of telemarketing
January 05, 2016

The decision to outsource telemarketing to a call center is not always an easy one. Telemarketing outsourcing can be a new and different venture to companies that have been cold calling from the beginning. Choosing an outsourcing company can be difficult. You first must decide if you want to use a local center, a US based center, or an offshore call center. Verify the experience of the management team and read through their testimonials. Compare their pricing to that of their competitors and make your decision. Once you have selected a service provider that is the best fit for your business, y... (read more)

Author: Innes Donaldson

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