Tax haven advice

i heard something about hte Caymen islands

inb4 IRS

truthordesire said:

Even if you employ a channel islands management company to run your company, you will still pay tax to the US government with the new laws coming into play.

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So what are the new loopholes going to be?

Does that taxation law hold true for the UK also? *checks it out*

truthordesire said:

If you set up a company in Panama, no records need to be kept of who actually owns the company and in most cases bearer shares are issued - who ever physically holds the share certificates owns the company.

For tax reasons, the channel islands have a 0% tax rate for companies.

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Actually, you will need to disclose all beneficiaries to your bank. So ... your involvement is kind of public record when making international transfers.

infoasian said:

Philippines

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- Can you give some more info about this ?

There is no such place as a tax haven.. read first its laws and understand its relationships and its relationship to you.

The best tax havens are the US, the UK and its colonies - but only for foreign non-residents of course!

All the rights and privileges lie with companies now, not the individual - "The rich own nothing and control everything, the poor own everything and control nothing"
Except now even the principle of control is enough to screw you.
No off the shelf or drag and drop solution will shield your incomes - wherever their situs.
To protect income and build wealth you need proper structures and tailored advice to fit your personal and business situation (whether that be cell companies, IBCs etc).

Bahamas, Caymen island are comes top in Tax heavens list theortically speaking
and If you Anonymous Bank account try Switzerland's Bank

and On a whole Business environment and infrastructure perspective, Singapore is best option.