Author:
Alexandra Erlanger
Published:
29 May 2023
Are you thinking of boat registration? We can help you with that. But what if you need to register your vessel in two countries to sail under two flags? This is impossible if we approach the matter directly, but there is a workaround called Bareboat Charter. This is an absolutely legal strategy that allows owners to have more flexibility as to the flag they use for their vessels. Read more details about it in our article. We will also mention the basics and peculiarities of vessel registration in different jurisdictions and show the procedure using the example of San Marino. Contact us for any help!
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Author:
Alexandra Erlanger
Published:
29 May 2023
Is it possible not to pay tax on worldwide income? Yes, there are countries that do not charge such a tax, as well as other types of taxes, for example, on capital gains, or dividends. Our experts have prepared a complete list of tax-free countries with recommendations and comments.
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Author:
Alexandra Erlanger
Published:
26 May 2023
How to choose the right name when registering an offshore company? This question worries many of our clients, so our experts have prepared a complete guide on offshore company names, which will consider in detail all aspects of this issue.
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Author:
Alexandra Erlanger
Published:
26 May 2023
In most cases, you are not considered a tax resident of the country where you spend less than 183 days per year. This means that you can be a tax resident of no country if you keep moving from one place to another without staying for too long in any of the countries. This does not mean that you will be paying nothing in taxes, however, because you will have to pay the taxes in the country where your income comes from anyway. Besides, the tax resident status is required for obtaining banking services and engaging in business operations.
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Author:
Alexandra Erlanger
Published:
25 May 2023
The most popular jurisdictions for yacht registration include Malta, the Cayman Islands, Cyprus, the Marshall Islands, Liberia, Gibraltar, the British Virgin Islands, Panama, Delaware, the Netherlands, Jersey and Seychelles. However, each country will have its own requirements as to the measurements of the yachts, their age, and their use. Besides, the country of registration will have a bearing on the amount of taxes that the yacht owner has to pay.
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Author:
Alexandra Erlanger
Updated:
29 August 2025
The UK payment system and its advantages for corporate account setup. Businesses that the UK payment system accepts as customers. Countries that the UK payment system does not work with. Documents you will need to open a corporate multi-currency account in the UK payment system. Commissions and fees that the UK payment system collects from corporate multi-currency account holders. How can I open a corporate multi-currency account in the UK payment system?
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Author:
Alexandra Erlanger
Published:
25 May 2023
Paraguay is a unique country with an amazing culture and many exciting attractions. What are the key features of this South American country? Our experts will tell you interesting facts and must-see places in Paraguay.
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Author:
Alexandra Erlanger
Updated:
15 June 2023
The main advantages that a freelancer will find if he/ she opens an account with the British payment system include the following ones: a personal IBAN; payments to 150+ countries in more than 20 currencies; instant SEPA and SWIFT payments; client support in several languages; bulk payments; acquiring; salary projects; a plastic MasterCard.
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Author:
Alexandra Erlanger
Published:
25 May 2023
Welcome to our offshore myth collection: offshore companies, IBCs, and offshore corporations engage in illicit activities, their operations are unregulated, offshore companies, IBCs, and offshore corporations are established in blacklisted jurisdictions, IBCs, offshore corporations, and other offshore business structures evade taxes, nominee services enhance confidentiality, offshore companies lack trustworthiness, and registering an offshore company is an exorbitant expense.
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Author:
Alexandra Erlanger
Updated:
13 May 2026
Opening a bank account in Uruguay is not the easiest thing to do if you are a non-resident as there are certain limitations. This explains why there is very little information on the Internet on opening an account in Uruguay. The best solution for travelers and non-residents is to have a payment card from a foreign bank or an account with a payment system accepted in Uruguay. If you are planning to relocate and live in Uruguay or move your business there, you will definitely need a bank account. In this case, you should first get a residence permit, and then go to the bank. Read the post for more details.
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Author:
Alexandra Erlanger
Published:
24 May 2023
Is there a difference between an offshore and a foreign company? In the modern business world, these are almost identical concepts, although there is still a certain difference. Our experts will tell you these nuances in a new article.
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Author:
Alexandra Erlanger
Updated:
04 May 2026
Which countries have the lowest standard VAT rates in 2025? Explore the value-added tax rates across the world and look behind the figures. Low-rate VAT countries. Zero-rate VAT. Higher VAT rates by country in 2023. Benefits of low VAT rates vs benefits of high VAT rates.
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Author:
Alexandra Erlanger
Published:
23 May 2023
Both Liechtenstein and Luxembourg are extremely prosperous European jurisdictions and life is comfortable in both places. There are a few differences between the two Duchies, however. In particular, the taxes are lower in Liechtenstein while social protection is a bit stronger in Luxembourg.
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Author:
Alexandra Erlanger
Updated:
15 June 2023
Why choose the UK payment system? Limitations of the UK payment system. Prohibited countries and jurisdictions. List of documents you will need to open a multi-currency account in the United Kingdom. Service fees within the UK payment system. How can I open a personal multi-currency account with the UK payment system?
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Author:
Alexandra Erlanger
Published:
23 May 2023
Opening an account with a foreign bank can be quite expensive, although in most cases, such expenses are worth it. How much does it cost to open a bank account abroad, and what are the additional costs and pitfalls, read in our article.
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Author:
Alexandra Erlanger
Published:
23 May 2023
Some people will claim that using offshore tax havens is illegal but such claims are wrong. Under international pressure, offshore jurisdictions have become totally transparent for tax authorities, which makes it perfectly legal to start an offshore company or open an offshore bank account. At the same time, attractive tax benefits are still available in offshore countries.
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Author:
Alexandra Erlanger
Published:
23 May 2023
How and why are offshore territories established? Why do governments strive to set up offshore zones? What nations have set up offshore zones, and where are they? Offshore company types. What benefits do offshore zones offer for entrepreneurs and governments? What does the government gain from an offshore zone? Offshore perks: popular schemes explained. What are the profitable locations to open an offshore company in 2023–2024? Why would you set up an offshore company – final thoughts.
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Author:
Alexandra Erlanger
Published:
22 May 2023
What identity proof documents do banks require to open an account for a customer? How do banks verify the address and identity of a customer? What residence address verification methods do banks employ? Ways to verify the address and address proof documents. How and where can I open a bank account without residency? Can I open a bank account with a passport only? Do you need an address to open a bank account?
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Author:
Alexandra Erlanger
Published:
22 May 2023
Uruguay is a country with a stable economy and well-developed infrastructure, and it can become a good place to set up a business. Its reputation in the business world is quite high, and it offers favorable taxation conditions: you pay no tax if your income is derived from sources abroad. If you work locally, you will be taxed according to a progressive scale adopted in 2023. Take advantage of Uruguay as a pro-business jurisdiction by establishing a joint-stock company or a limited liability partnership, the most popular legal forms in the country. Read the article to find out more details.
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Author:
Alexandra Erlanger
Published:
22 May 2023
Do you still keep your savings in a bank account? This is a wrong strategy in 2023 as it will not help you protect your money from galloping inflation. There are many other profitable instruments that are better suited for this purpose – and if you are unaware of them, our specialists will help you. However, you still need a bank account for some purposes: for example, it is much more convenient to take a bank card with you when you travel than to bring cash, or you may need to prove your financial standing with a bank statement. How much to keep in the account then and for what purposes? Read on to find out.
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Author:
Alexandra Erlanger
Published:
22 May 2023
Surely every person has heard the term holding company, but not everyone understands the features and benefits of such business structures. Our experts have prepared a detailed guide on the use of offshore holding companies in 2023, including their legal forms, jurisdictions for registration, and other nuances.
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Author:
Alexandra Erlanger
Published:
22 May 2023
International trade: offshore strategies. Offshore company issues in international trade: VAT exemption, free trade agreements, banking aspects, business scale, guidelines for CFCs, transfer pricing rules, and costs for registration and maintenance. Why bother with setting up a company in a traditional offshore jurisdiction? The country’s image. Licenses and authorizations for offshore businesses. Location of the supplier. Offshore companies in international trade – summing up.
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Author:
Alexandra Erlanger
Updated:
19 February 2024
The legal address of an offshore company is a very important aspect that many entrepreneurs do not pay due attention to when registering an offshore business. How the address can affect the success of your venture, whether it can be changed, and other important topics in our new article.
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Author:
Alexandra Erlanger
Updated:
07 June 2023
A Singaporean payment system will open merchant accounts for international corporate clients. Payments to and from 170 countries, in 200 currencies, by 300 methods.
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