1. Overview about Samoa  Samoa, which changed its name from Western Samoa in July 1997, is a group of 9 islands situated in the South Pacific, east of the International Date Line. Its capital is Apia and with population of around 170,000. At various stages, it has been administered by Britain, Germany and New Zealand. ...

The British Virgin Islands legislation was introduced in 1984 but was developing and subsequently amended taking into consideration the changes required by the persons providing BVI offshore services. Efficient Incorporation/Registration Under normal circumstances, BVI Corporations can be incorporated/Registered within 3 working days. Flexibility in company structure of an offshore British Virgin Islands Company. Only one ...

Labuan Offshore Activities An Offshore Company (or an Offshore Foreign Company) is only permitted to carry on business in, from or through Labuan. An Offshore Company may not: carry on business with a resident of Malaysia except as permitted by the Offshore Banking Act 1990; carry on the business of Banking or Insurance or such ...

Labuan Taxation Malaysian External Investment “The Malaysian Satay” was the name given to a corporate structure which has traditionally involved the ownership of a foreign subsidiary by a resident Malaysian holding company which is in turn 100% wholly owned by an offshore Labuan parent corporation. In this structure, reduced rates of foreign withholding tax obtainable ...

Introduction Of LABUAN n April 2009, Malaysia (Labuan) was added to the Organization of Economic Cooperation and Development’s new ‘blacklist’ of jurisdictions which had not committed to implementing the internationally agreed standard in tax transparency. The list, was published on April 2, following the G20 London Summit and was issued at the same time as ...

Offshore business is ABOUT TANNET the possibilities offered by countries (commonly known as jurisdictions), whose legislation allows for certain advantages (tax, confidentiality, company structure, etc.) to be used by non-residents. This means that a country, or jurisdiction, will allow registration of a company and offer them certain tax freedoms in exchange for an annual licence ...

OFFSHORE Investment Guide Many people got a bad impression when heard about “offshore company”. Offshore company always has a linkage with illegal, criminal activities and money laundering. Why would a large corporation, small business or individual form offshore company? What is offshore company? Offshore companies are businesses that has been filed or incorporated outside of ...