Contributed by hongkongtaxfree.com
Because Hong Kong operates as a separate (special administrative region of China), it holds a lot of autonomy in most operations. Its visa regulations are lenient and target to encourage more people to visit whether for holiday or even business... Continue
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Contributed by hongkongtaxfree.com
Hong Kong is number one financial centre in the entire world. It has the largest number of financial institutions globally. Indeed, no big bank wants to be left out; about ž of largest banks have branches or headquarters in Hong Kong... Continue
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Contributed by Sovereign Group
One way of planning against inheritance taxes is to transfer assets into trust. Once there the assets no longer belong to you, they belong to the trustees, so generally would not attract any tax charge on your death because the legal owner doesn't change. Continue
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Contributed by O'Neal Webster
March 1 2004 marked the beginning of a new era in BVI trust law with the coming into force of the Virgin Islands Trust Act, 2003. The vision for this Act, commonly known as VISTA, came from the BVI trust industry and the need for BVI trust practitioners to meet the changing needs of their clients. The traditional trust structure was often seen as too rigid or as not the right fit for clients. Continue
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Contributed by Fiducenter (Cyprus) Ltd
On March 2012 the Cypriot parliament voted the reform of the International Trust Law of 1992, a reform that the professionals and investors were longing for since the general view has been for the past few years that the particular legislation was in need of an update and modernisation. Continue
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