Author:Alexandra ErlangerPublished:01 June 2023
What is a business form? Prevailing choices for organizational and legal forms of business in the international context. Sole proprietorship: strengths and weaknesses. Partnerships and where you should establish them. Differences between jurisdictions: limited liability companies in the UK and the US. Corporations as the most complex business entity type. Which form of business organization is most common?
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Author:Alexandra ErlangerPublished: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 ErlangerPublished: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 par
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Author:Alexandra ErlangerPublished:18 May 2023
Rating of the best cities in the world for relocating your business and home. To make a successful move, use the help of our experts to make a wise and informed choice of location.
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Author:Alexandra ErlangerPublished:28 April 2023
How to pay yourself from your business? This question interests many of our readers. Our experts have prepared a new guide on this topic, which will tell you what an owner's draw is, how to use it, and what the alternative options for paying yourself as a business owner you can use.
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Author:Alexandra ErlangerPublished:21 April 2023
The biggest industries in the world that billionaires invest in. Top 5 industries where billionaires from the Forbes list earn their fortunes. Top 10 industries the world’s richest people profit from in 2023. Which are the world's biggest industries in dollars? The world's richest industries based on revenue volume in 2023.
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Author:Alexandra ErlangerPublished:17 April 2023
Are you thinking of finding a good tax optimization strategy for your company without resorting to aggressive schemes? You are not alone: tens of thousands of entrepreneurs around the world are looking for them. However, working schemes do exist, and they are absolutely legal: you will not have to deal with some gray techniques to reduce the tax rate! In this article, we will describe the 9 best tax planning strategies that help companies across the globe to keep their tax rates lower – with re-
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Author:Alexandra ErlangerPublished:12 April 2023
Local or foreign bank account: what is more suitable for your needs? Triggers behind the decision to set up a bank account abroad. Is it legal to store money in foreign banks? CRS and FATCA. How much money can you keep in a foreign bank account? Step-by-step guide: opening a personal bank account abroad. Benefit from free professional consultations to seamlessly set up your foreign bank account.
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Author:Joseph PlacePublished:28 March 2023
When you want to study, look at the strongest ones. This principle works well in the financial sphere, too: if we want to understand the principles of financial thinking and successful investments, we have to look at wealthy people. In this article, we are going to look at the ways rich people invest their money, and it will show us how we should think to have a broader outlook and make money in a more successful way. Why do the wealthy invest in charitable projects? What motifs make them think
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Author:Alexandra ErlangerPublished:28 March 2023
How do offshore companies work? What’s the upside? The bottom line is the right country, entity (trust, foundation, LLC, etc.), and account. You’ll need knowledge, resources, and a business plan. If you have a reliable advisor, the rest will take care of itself. Prof. experts and services.
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