Offshore Banking

What Is the Meaning of Offshore Banking?

Offshore Banking and Tax heavens When we talk about tax havens, we mainly mean those states that guarantee a minimum or even zero tax on bank deposits. A choice of this kind is motivated mainly by political reasons, in that a large amount of capital is attracted from foreign countries and in exchange offers extremelyRead More

Tax Haven

End of tax havens

As of January 1, 2016, it will no longer be possible to have a secret account in one tax havens, like Denmark, together with many other countries – including Switzerland, Luxembourg, Liechtenstein, and Gibraltar – have signed an agreement on automatic exchange of bank data. This means that if you have a deposit in aRead More